Discussions
Check out Oracle NetSuite upcoming events and conferences here
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
SuiteWorld Las Vegas is sold out! Don’t miss your chance to attend On Air. Let SuiteWorld come to you!
Register for On Air. It’s priceless. (Seriously, it’s free!)
Register for On Air. It’s priceless. (Seriously, it’s free!)
NetSuite Admin Tip: How to Differentiate Automated Clearing House and Electronic Bank Payments
As we are getting closer to the deprecation date of the NetSuite Automated Clearing House feature, which will be on March 2023, you can consider using Electronic Bank Payments instead. Here's the process comparison between the two.
In a nutshell, the main difference of the Electronic Bank Payments and ACH Processing is that the former does not involve a direct cash out, but a generation of a bank file to be sent to the bank for processing. Basically, your bank will use the bank txt file that is generated in NetSuite to process the fund transfer. On the other hand, ACH
Dominica Sevilla - Oracle | OTC / P2P / SCM Guru
Tagged:
1