Creating Financial Institution Records
You can create a record for a financial institution. Financial institution records are for storing format profiles, which enable you to configure settings necessary for importing financial institution data. You can use format profiles to configure imports of the following:
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Bank or credit card data for bank reconciliation
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Corporate card charges for expense reporting
For details, see Format Profile Creation.
If you use the Bank Feeds SuiteApp or AMEX Corporate Card Integration SuiteApp, NetSuite automatically creates a financial institution record and associated format profile or profiles. Therefore, if you’re using either of these SuiteApps, you don’t need to do the procedure that follows. For details, see Bank Feeds SuiteApp and American Express Integration for Expense Reporting.
To create a financial institution record:
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Go to Setup > Accounting > Financial Institution.
The Financial Institution page appears.
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In the Financial Institution field, enter a financial institution name.
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In the Description field, enter a description to help you identify this financial institution.
Important:To configure format profiles for this financial institution, you must save the financial institution record first.
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Check the Inactive box to inactivate the financial institution record. The box is clear by default.
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Click Save.