This site was built to compliment the existing NetSuite Professionals Slack Community by adding a means for members to easily find answers to common questions and to create a searchable database of those questions and answers.

NetSuite Professionals

Can i create a new undeposited funds account that acts just like undeposited funds?

&gt;*AI generated answer (using internal Slack threads):*
Based on the conversations, it appears that the Undeposited Funds account in NetSuite is a core account that cannot be changed. However, you can rename and renumber the account, which is typically done with most system-generated accounts before the rest of the Chart of Accounts (COA) is imported. 

Creating a new account to act exactly like the Undeposited Funds account may not be possible as the functionality of the Undeposited Funds account is tied to the system and not just the account itself. 

******
Disclaimer:

This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes.
******

&gt;*Slack thread 1:* <https://netsuiteprofessionals.slack.com/archives/C29HKGM6J/p1561732080188600|here> (available only if the original thread was posted in the last 90 days)
&gt;*Similarity score:* 0.851040125

&gt;*Slack thread 2:* <https://netsuiteprofessionals.slack.com/archives/C298P0BCK/p1727379042415429|here> (available only if the original thread was posted in the last 90 days)
&gt;*Similarity score:* 0.841845095

&gt;*Slack thread 3:* <https://netsuiteprofessionals.slack.com/archives/C29HQS63G/p1556303762116800|here> (available only if the original thread was posted in the last 90 days)
&gt;*Similarity score:* 0.831092834



Please provide your feedback on this answer.