Discussions
Join the NetSuite community to innovate, connect, and discover what’s next.
SuiteWorld brings thousands of innovators, builders, and leaders together to learn, connect, and shape what’s next. This October, explore how to build a stronger foundation for growth through inspiring keynotes, major product reveals, hands-on sessions, and unforgettable moments—all in one place for our biggest event of the year. Register now
New to NetSuite | Automated Cash Application
The Automated Cash Application feature displays all imported bank lines with a positive amount for an account and assigns a customer to each transaction if a match is found.
To automate bank reco and cash application process:-
1. Intelligent matching logic to identify open Invoices for imported Customer Payments
2. Update/Find customer on imported payments and auto generate GL customer payments
3. Edit/Update cash allocation identified invoices, find additional invoices and Auto apply invoices to GL customer payment
4. Auto Reconcile the GL customer payments against the imported customer payments
Tiru Chembeti
SME & Sr. Functional Architect
Kindly click "Yes" on "Did this answer the question?" if you find the reply on your thread helpful. This will aid the others with the same question to easily find the correct answer. Thank you!