i am trying to get netsuite to do one bank transac...
# ask-stanley-ai
k
i am trying to get netsuite to do one bank transaction to many GL transaction match on the bank match but it can't
c
AI generated answer (using internal Slack threads):
Based on the conversations, it appears that NetSuite's Intelligent Transaction Matching for Bank Data does not support One-to-Many transactions automatically. The common workaround for this is to use a bank clearing account to handle the "many" transactions, then move them with a single transfer to create the "one" on the bank. However, this process can lead to issues if not managed properly, such as the account not being cleared down or being treated as a cash in transit account. In terms of automatically recording bank transactions directly into the GL like QuickBooks, NetSuite does have auto-create rules and automated cash applications, but these are only applicable to certain transaction types like Deposit, Check, Credit Card Charge/Refund, Journal, and Customer Payments, not to Bill Payments. Lastly, while NetSuite's automatic bank feed documentation lists the ability to download data for multiple bank accounts at a time, it seems that this feature is currently not supported. The import only shows one bank account imported at a time, and this feature is only for reconciliation, meaning you still have to create native transactions to be matched. ****** 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: 0.860473633
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.851013243
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.849365234
Please provide your feedback on this answer.
k
netsuite seems to say that it can though. i can't see the slack thread