how does bank details approval routing work

AI generated answer (using internal Slack threads):

In NetSuite, the approval workflow for Bank Details can be set up in a few ways. One way is to have a workflow run on a trigger that if a change is made then an approval would be sent out. However, this requires the change to have already taken place which is not ideal. A more effective method could be to lock the bank details except for a field called new bank details. The users can then enter that info into that field which would be routed to the approval queue and after the approval that data be translated to the correct destination and the editable field be cleared. Another suggestion is to set the credit limit to 0 or inactivate the vendor while the approvals are pending. This allows you to continue doing business with the old details while approval is pending. For Vendor Records for ACH payments, there are usually character limits validation on the fields (will kick back if you don't have the correct number if digits in your routing number for example) but it won't validate that it is a real routing number. For bill payments, there is an option under Accounting Preference - Approval Routing called Vendor Payments. This allows the transaction to be non-posting until it is approved. However, this is only for checks, not EFTs. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******