Bank and Credit Card Reconciliation– to keep your financials accurate, regularly reconcile NetSuite bank and credit card statements against your bank and credit card registers. Performing reconciliation regularly is key to optimizing the other NetSuite banking functions, including checks, deposits, transfers, and credit cards. You can perform bank and credit card reconciliation manually or by using NetSuite automation tools.
There are three ways to do the CSV import in the netsuite.
- Manual
- Good for any bank and credit card account
- Easy to setup and Easy to run
- Auto Bank Statement Import
- Using Secure File transfer Protocol(“SFTP”) and Secure Shell (“SSH”) security keys
- Get daily bank transaction file and import transactions to NetSuite
- Partner
- Bank feed Suita
After doing the manual import if the details from the bank statement matches the statement in the netsuite, the system will automatically match the data. It can be seen in the review subtab. If any duplicates are detected by the system it will be moving to the excluded subtab. The datas has to be matched manualy.
Bank and Credit Card Reconciliation– to keep your financials accurate, regularly reconcile NetSuite bank and credit card statements against your bank and credit card registers. Performing reconciliation regularly is key to optimizing the other NetSuite banking functions, including checks, deposits, transfers, and credit cards. You can perform bank and credit card reconciliation manually or by using NetSuite automation tools.