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Try Intelligent Payment Automation – Fee Free For Your First Month
Intelligent Payment Automation, powered by BILL (aka 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.
Intelligent Payment Automation, powered by BILL (aka 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.
NSC | Using Undeposited Funds account in Customer Payments and Deposits
Using the Undeposited Funds account can be beneficial for users who want to keep track of when the customer payment was made and when the amount was actually deposited in the bank.
Here's a table so you can have a better understanding of its use:
Scenario 1:
In here, the Customer Payment will be recorded in the Undeposited Funds account once received from the customer. When it's deposited in the bank a Deposit transaction will be made where the undeposited funds will be offset and the amount will be debited to the bank account.
The dates in the Customer Payment and
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