QB Issue Resolution:
I’m here to address your concern about the amount showing in the CIS suffered account.
In cash accounting reporting, the revenue and expenses are realized once you received the money on hand. For the amounts listed on the CIS suffered account, they’ll still show up and will disappear once they’re paid.
The accrual method records revenue when they are earned whether the money is received or paid. Since revenues and expenses are recognized in the reporting period during which they are earned, the Profit and Loss report will accurately show transactions incur during the reporting period.
For more information on how each reporting method works, you can refer to the Choose between cash and accrual accounting methods in reports article.
Resolution for Issue 'CIS suffered in chart of accounts' available: Yes (Solved).
Source: Intuit Community forum.
CIS suffered in chart of accounts: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for Chart of Accounts
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Error Recovery for Chart of Accounts [Canada]
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