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Intelligent Payment Automation, powered by BILL (formerly Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
ACH Processing & Undeposited Funds
First, I'd like to thank June Torrence, the Product Manager @ NS, for adding this new sub-folder dedicated to ACH processing NS. (Thanks June!)
We have been using ACH processing for several years now. I work very closely with Deryk @ Coastal Software to work-thru issues when they arise.
One really annoying design defect with the ACH processing is that you cannot flow the ACH payments into Undeposited Funds--you can only deposit each CR side directly into a Bank Account. This is annoying because Coastal doesn't pay us that way. Coastal batches all the day's ACH debits into a single batch, and sends a SINGLE ACH credit offset into our bank account, so this makes a mess when trying to recon the bank account.