Auto Bank Statement Import SuiteApp
The Auto Bank Statement Import (ABSI) SuiteApp enables you to automatically import bank statement files into NetSuite daily.
This feature uses a Financial Institution Connectivity Plug-in to securely connect to your financial institution’s server through SFTP (Secure File Transfer Protocol) connectivity.
The ABSI SuiteApp works together with the Bank Statement Parser Plug-ins to read imported bank statement files content. Using a transaction parser, the SuiteApp identifies the transactions associated with the file and extracts them into NetSuite for matching and reconciliation.
The SuiteApp enables you to perform the following tasks:
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Configure your SFTP connection directly on your format profile record.
Connect to your financial institution’s server by setting up your banking credentials. Specify a file name pattern that the system will use to match from your financial institution to import bank statement files into NetSuite.
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Automate the daily importing of bank statement files into NetSuite.
The first time a format profile for SFTP connectivity is saved, a schedule is created to import your bank statement files automatically. Every day, NetSuite imports any new data from your financial institution into your accounts on the Match Bank Data page. This added functionality lets finance users to focus more on reconciling the bank and credit card transactions between NetSuite and your financial institutions.
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Perform manual trigger of the bank statement files import process for real-time bank data update.
The ABSI SuiteApp supports all available language in the Multi-Language feature of NetSuite. To set the language preference in NetSuite, see Choosing a Language for Your NetSuite User Interface.
Read the following topics to learn more about the ABSI SuiteApp: