Editing Accounts to Use the Match Bank Data and Reconcile Account Statement Pages

The Reconcile Bank Statement and Reconcile Credit Card Statement pages are still functional but are no longer supported. If your accounts still use these pages, you should edit your accounts to use the Match Bank Data and Reconcile Account Statement pages. When you migrate a held account statement to these pages, NetSuite automatically clears and moves all held transactions to the Reconcile Account Statement page.

Note:

A held statement is one you have begun to reconcile but have chosen to complete later.

To edit accounts to use the Match Bank Data and Reconcile Account Statement pages:

1. Go to Lists > Accounting > Accounts.

2. Click the Edit link to the left of the account you want to modify.

   The Account page appears.

3. Check the Use Match Bank Data and Reconcile Account Statement Pages box.

   Note:

   As of NetSuite 2021.1, the system automatically checks this box for all newly-created accounts.

   If this account contains a held statement that you have begun to reconcile but have chosen to complete later, a confirmation message appears. NetSuite gives you two options:

   • If you want NetSuite to delete all held statements, click OK.

     NetSuite checks the box. After you save, NetSuite moves any cleared transactions to the Review and Reconcile subtabs on the Reconcile Account Statement page. These transactions are cleared and ready for reconciliation.

     In the Review subtab, these transactions have a Cleared label. In the Reconcile subtab, you can check the box next to each transaction and then reconcile the statement.

   • If you want to reconcile all held statements for the account first before migrating, click Cancel.

     The box remains cleared. This account is still only available in the Account list of the Reconcile Bank Statement and Reconcile Credit Card Statement pages.

     Warning:

     The Reconcile Bank Statement and Reconcile Credit Card Statement pages are still functional but are no longer supported.

   If this account contains matched or user-cleared transactions pending submission on the Match Bank Data page, you cannot clear the box until you do one of the following:

   • Submit all transactions for the account. See Submitting Matched or User-Cleared Transactions.

   • Undo the match or cleared status of each transaction for the account. See Undoing the Cleared Status of Transactions.

4. If you modified your account record, click Save.

To match transactions on the Match Bank Data page, see Matching Bank Data. To reconcile cleared transactions on the Reconcile Account Statement page, see Reconciling Transactions.

If your account contains a held statement and you clicked Cancel in the confirmation window, reconcile your held statements (see Reconciling Bank Statements), and then repeat the steps in the above procedure.

For information about editing accounts in general, see Editing an Account.

General Notices