how to post cash in or out directly to a bank acco...
# ask-stanley-ai
a
how to post cash in or out directly to a bank account from the bank rec
c
AI generated answer (using internal Slack threads):
To post cash in or out directly to a bank account from the bank rec in NetSuite, you can follow these steps: 1. Create a Bank Deposit: Navigate to Transactions > Bank > Make Deposits. Here, you can select the bank account and the transactions you want to deposit. 2. Record a Bank Withdrawal: For cash out, you can create a journal entry. Navigate to Transactions > Financial > Make Journal Entries. Debit the expense account and credit the bank account. Please note that these transactions will then be available for reconciliation in the Bank Reconciliation screen. For handling bank transactions automatically, NetSuite does not auto-post bank transactions like QuickBooks. However, NetSuite does offer a feature called 'Automated Cash Application' which can help automate the application of customer payments based on matching criteria. You can read more about it in the NetSuite Help Center: https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/chapter_1525962614.html#Automated-Cash-Application ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.804626763
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.801622927
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.799126506
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