A bank account on the match bank data from the NetSuite account data shows accumulated closing balance, how can I match it with values coming in from the bank feeds?

AI generated answer (using internal Slack threads):

****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ****** To match the bank account data with the values coming in from the bank feeds in NetSuite, you can use the Bank Reconciliation feature. This feature allows you to match your bank statement with your NetSuite account data. Here are the steps you can follow: 1. Navigate to Transactions > Bank > Reconcile Bank Statement. 2. Select the bank account you want to reconcile. 3. Enter the statement end date and the ending statement balance from your bank statement. 4. In the Reconcile Bank Statement page, you can match the transactions listed in your bank statement with the transactions in NetSuite. You can match the transactions manually or use the 'Auto-Match' feature. The 'Auto-Match' feature will automatically match the transactions based on the date and amount. However, it's important to note that the bank reconciliation process in NetSuite is not just limited to bank transactions. It's related to all "eligible" GL lines regardless of the type of the transactions. If you have a payment coming from the bank statement, you don't necessarily have to create a payment in NetSuite to match the bank statement against it. You can directly apply the bank statement items against transactions in NetSuite. For more detailed steps on how to reconcile open bank balance, you can refer to SuiteAnswers ID 63909. Remember, the goal of bank reconciliation is to ensure that your NetSuite account data matches with your bank data. It's a crucial process to maintain accurate financial records.