1. Accounting
  2. Banking
  3. Bank Data Matching and Reconciliation
  4. Reconciling Bank and Credit Card Statements
  5. Matching Bank Data
  6. Adding Account Transactions During the Matching Process
  7. Manual Creation of Account Transactions During the Matching Process
  8. Adding New Journal Entries During Matching

Adding New Journal Entries During Matching

You can create a new journal entry for imported bank data right from the Match Bank Data page.

To create a journal entry during the matching process:

  1. Go to Transactions > Bank > Match Bank Data.

  2. From the Account list, select the bank or credit card account.

  3. (Optional) To provide matching data for the new journal entry, from the Imported Bank Data grid, check a box to select an item.

    Note:

    Dimmed items are still processing, so you can’t check the box until that’s done. To check, refresh the Imported Bank Data grid.

  4. Click Add Journal Entry.

    NetSuite opens your preferred Journal Entry in a new window and sets a default Date:

    • If there are one or more imported bank lines in the bottom section of the Match Bank Data page, the default is the date of the earliest imported line.

    • If there are no imported bank lines in the bottom section of the Match Bank Data page, the default is the current date.

    Note:

    The memos that appear in the Account Transactions grid on the Match Bank Data page are the Memo field values from the Journal Entry headers, not the transaction line-level memos.

  5. Enter the details. If you selected imported bank lines, some fields are filled in for you.

  6. When you’re done, click Save.

    NetSuite saves the journal entry.

  7. To refresh the Account Transactions grid, click the refresh icon above the pane on the right.

    The new journal entry appears in the grid.

For details on creating journal entries, see Journal Entries.

Related Topics

General Notices