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