1. Order Management
  2. Payment Processing
  3. Payment Processing Options
  4. Electronic Bank Payments
  5. Payment File Formats
  6. Setting up Payment File Formats
  7. Payment File Template Changes in NetSuite Electronic Bank Payments 2019.1

Payment File Template Changes in NetSuite Electronic Bank Payments 2019.1

Depending on the payment template, the Electronic Bank Payments SuiteApp uses the tax information about the entity record when processing payments and generating bank payment files. To ensure compatibility with the SuiteTax feature, the Electronic Bank Payments version 2019.1 includes an update to the Payment File Template that will source the default tax registration number of the entity record. The Bank File Template field is going to be deprecated soon, and in preparation for this change, a new SuiteTax Bank File Template is added to the payment file template form.

For more information about the SuiteTax feature, see Enabling the SuiteTax Feature.

Accounts with SuiteTax feature

Accounts with the SuiteTax feature provisioned will use the SuiteTax Bank File Template field by default when processing payments and generating bank files. If left blank, the value from the Bank File Template field will be used.

Accounts without SuiteTax feature

If you don't have SuiteTax feature provisioned in your account, the value from the Bank File Template will be used by default when processing payments and generating bank files.

Note:

Entering your custom template in both Bank File Template and SuiteTax Bank File Template fields doesn't affect the bank payment file generation.

In addition, the following payment templates that source tax information of the entity record have been updated to be compatible with SuiteTax and non SuiteTax accounts:

Payment Template

SuiteTax Accounts

Non SuiteTax Accounts

AEB - Norma 34 (EFT)

Yes

Yes

CBI Collections (DD)

Yes

Yes

CBI Payments (EFT)

Yes

Yes

CIRI-FBF (EFT)

Yes

Yes

CNAB 240 (EFT)

Yes

Yes

SEPA Credit Transfer (CBI) (EFT)

Yes

Yes

Payment templates that use bank payment formats not mentioned above don't source tax information, and therefore are automatically compatible with SuiteTax and non SuiteTax accounts. To view the list of supported payment formats, see Supported Payment Formats.

Recommendations and Considerations when using the SuiteTax Bank File Template field:

  1. If you've the SuiteTax feature enabled:

    1. We recommend entering your custom template body in the SuiteTax Bank File Template field.

    2. For OneWorld accounts with subsidiaries that have more than one tax registration number, only the first Tax Reg. Number under the Tax Registrations subtab of the subsidiary record will be sourced.

  2. If you don't have the SuiteTax feature enabled, we recommend adding your custom template in both Bank File Template and SuiteTax Bank File Template fields. This way, you don't need to reenter your template after the Bank File Template field is deprecated.

  3. Custom body template in SuiteTax Bank File Template field must also use FreeMarker syntax. For more information, see Working with Advanced Templates.

Related Topics

General Notices