ABSI file format

AI generated answer (using internal Slack threads):

The ABSI (Auto Bank Statement Import) SuiteApp is a tool in NetSuite that allows for the automatic import of bank statements. It supports a variety of file formats including CSV, QFX, CAMT, OFX, and BAI2. If you have a different file format such as VCF, you may need to check with other SuiteApps like Fast Four or use an SFTP server to import it into NetSuite. ABSI is often used as an alternative to Bank Feeds, especially for businesses that have more than 20 bank accounts. This is because Bank Feeds only supports up to 20 bank accounts, while ABSI can support up to 500. ABSI is also considered more reliable as sometimes the Bank Feeds connection to the bank can break and need to be reconnected. Setting up ABSI can be a long process involving working with consultants, the bank providing the files, and your own IT team setting up the SFTP server. However, once set up, it can be a more scalable and reliable solution for businesses with a large number of bank accounts. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******