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New To NetSuite | Automatic Import for Bank Data is not Syncing due to MFA

Jun 21, 2023 8:05PM edited Feb 6, 2024 8:07PM in Basic Accounting

The Bank Feeds SuiteApp uses the Financial Institution Connectivity Plug-in to perform an automated process that retrieves bank data and imports them into your NetSuite account.

Financial institution accounts that support Multi-Factor Authentication (MFA) require to enter more information than just a password. For example, along with the password, users might be asked to enter a code sent to their email, token, answer a secret question, or one-time password.

Automatic bank data import could fail if there are bank accounts requiring this additional authentication (MFA).

NetSuite will not process the automatic bank transaction import due to the following Error: "Additional MFA (Multi-Factor Authentication) information is required by

Katerina Winklerova

Basic Accounting/ OTC/PTP Guru