Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
Please note that on Saturday, April 18, 2026, at 8:00 PM Pacific Time, our Case Management System will undergo a scheduled maintenance for approximately 15 minutes. During this time, case creation via SuiteAnswers will be unavailable and inbound calls will be routed to Customer Service.
Non-bank Reconciliations
Does NetSuite have functionality that will 'clear' matched transactions for non-bank balance sheet accounts? SAP called this Open Item Managed. It allowed you to clear off transactions that netted to zero so that when you pulled the next report, the cleared items would not show up. For example if I had two deposits in an account for $1K each, then one is refunded and charged to the account. One of the DR's and one of the CR's would be cleared (either automatically or manually), so that when a report was run supporting the balance, only the one remaining $1K DR
0