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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.

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Major fail!!!!

edited Nov 26, 2019 8:56AM in Accounting / ERP 12 comments

Really disgusted with netsuite bank reconciliation at this point.
Really? We paid nearly a $mil for something and they give us this for a bank reconciliation? Seriously?
In Sage it took us literally an hour to reconcile, in netsuite we're more than a week into it.
The biggest issue is that deposits you need to reconcile EVERY SINGLE freaking transaction. Here's the problem, we do ACH, lockbox and check deposits daily. We have 800+ lockbox checks daily, about 200 checks daily, ACH up to 1500 in a batch. That is a huge amount of clicking. You cannot reconcile a range of transactions, in Sage we could say clear from check 1000 to 2000 and BOOM done! Netsuite you sit there for hours clicking. This is stupid beyond comprehension.

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