Banking
NetSuite 2026.2 includes the following enhancements to banking features:
-
Suggestions to Apply Payments for Open Invoices and Open Payables
-
Automatic Submission of Manual Matches and Cleared Transactions
Suggested Transaction Matches for Bank Reconciliation
Match suggestions help you review likely matches during bank reconciliation. Previously, the Review subtab on the Match Bank Data page displayed automatic matches when NetSuite found a likely match using reconciliation rules or AI tools. Now, NetSuite includes a new Match Suggestions subtab that lets you review suggestions before you reconcile. This updated experience brings likely matches into the reconciliation workflow and helps you review potential matches more efficiently.
The Match Suggestions subtab displays imported transactions, along with suggested matches and suggested actions for each transaction. Suggested actions can include the following:
-
Match Transaction - Match transactions using a system suggestion.
-
Review Match Options - Review multiple possible matches suggested by the system.
-
Apply Payment - Create and apply a payment for an eligible invoice or payable.
-
Review Payment Options - Review multiple possible invoices or payables for a payment to be created.
-
Create <transaction type> - Create and reconcile a transaction based on an auto-create rule.
For more details about payment application suggestions, see Suggestions to Apply Payments for Open Invoices and Open Payables.
To access the Match Bank Data page, from the menu, go to Transactions > Bank > Bank Matching and Reconciliation > Match Bank Data.
Suggestions to Apply Payments for Open Invoices and Open Payables
NetSuite includes suggestions to apply payments in the matching and reconciliation workflow. When an imported bank transaction corresponds to an open invoice or open payable, NetSuite can suggest creating the related payment. Previously, only the accounts receivable side of this workflow was available. You could access it from the Automated Cash Application page. Now, you can review, create, apply, and reconcile open invoices and open payables from the Match Bank Data page.
Payment application suggestions use the same review flow as other match suggestions on the Match Suggestions subtab (which replaces the Review subtab). NetSuite can create and apply the payment to the open invoice or open payable. NetSuite can then match the payment to the imported transaction.
To use payment application suggestions, you need access to the Match Bank Data page and permissions to create the related payment. The invoice or payable transaction must be open, posting, and in the subsidiary and currency of the bank account. Payment application suggestions are supported for one-to-one matches for the full outstanding amount. Partial payments and multiple invoices or payables for one payment are not supported.
Automated Cash Application remains available. If Automated Cash Application creates a match for a transaction that is part of an apply payment suggestion, NetSuite removes that suggestion from the Match Suggestions subtab.
To access the Match Bank Data page, go to Transactions > Bank > Bank Matching and Reconciliation > Match Bank Data. For transactions with a single suggestion, you can accept the suggestion directly or view details first. You can reject a suggestion if it isn't correct. For transactions with multiple payment options, you need to review the suggested invoices or payables and accept the appropriate suggestion. You can reject the suggestions if none are correct. For more information, see Suggested Transaction Matches for Bank Reconciliation.
Use the following accounting preferences to get payment application suggestions: Generate Match Suggestions for Accounts Receivable and Generate Match Suggestions for Accounts Payable. Both are enabled by default.
Automatic Submission of Manual Matches and Cleared Transactions
In NetSuite 2026.2, manual matches and cleared transactions are automatically submitted for reconciliation from the Match Bank Data page. The updated workflow removes the separate submission step from the Review subtab on the Match Bank Data page. Submitted transactions appear on the Review subtab of the Reconcile Account Statement page. This reduces manual effort and helps shorten the bank reconciliation process.
To access these updates, go to Transactions > Bank > Bank Matching and Reconciliation > Match Bank Data.
With this update, you can do the following:
-
Match and submit transactions in one action.
-
Clear and submit account transactions in one action.
The following UI labels now appear on the Match Bank Data page:
-
Match and Submit replaces the Match button.
-
Clear and Submit replaces the Clear button.
To use this feature, you must have access to the same permissions required to access the Match Bank Data page and import bank data. For more information, see Permissions for Banking Features
System Notes for Matching and Reconciliation Activity
System notes now track key matching and reconciliation events on related GL transactions. This audit trail helps finance teams review when reconciliation lifecycle events occurred and who performed them.
To view these details, open the related transaction record and click the System Information subtab. The Reconciliation Status and Date Reconciled fields are also available in transaction searches and specific accounting reports.
With this enhancement, you can:
-
review when a transaction was cleared
-
review when a transaction was submitted for reconciliation
-
review when a submitted transaction was unmatched
-
review when a transaction was reconciled or unreconciled
-
use Reconciled Status field in transaction searches and reports
These details can help auditors and finance teams investigate reconciliation changes.
Match and Submission Details in Bank Reconciliation
Bank reconciliation pages now show who matched transactions and who submitted matches for reconciliation. This audit information helps finance teams distinguish system-generated matches from user-created matches and trace the ownership of reconciliation activity quickly.
To view these details, go to Transactions > Bank > Match Bank Data or Transactions > Bank > Reconcile Account Statement. On the Review tab, the Matched By and Submitted By columns show whether the action was performed by a user or by the system. You can also open the match link to view additional match and submission details, including the user, date, and time for the action.
With this enhancement, you can:
-
identify whether a match was created manually or by the system
-
see who submitted a match for reconciliation
-
filter submitted matches by system-generated matches, user-generated matches, or a specific user
-
review matched transaction details after submission for reconciliation
This enhancement also applies to excluded bank transactions. The Excluded tab identifies the user or system action responsible for the exclusion.
Enhancements to Bank Matching and Reconciliation Pages
In NetSuite 2026.2, bank matching and reconciliation pages include UI enhancements that make it easier to match transactions, review details, and continue from matching to reconciliation.
Match Bank Data Enhancements
On the Transactions > Bank > Bank Matching and Reconciliation > Match Bank Data page , the To Be Matched tab is renamed Transactions to Match, and the Excluded tab is renamed Excluded Transactions.
On the Transactions to Match tab, action buttons now appear above and below the transaction lists. You can use actions such as Match and Submit, Exclude, Clear, Add Journal Entry, Add Charge, and Add Deposit without scrolling to the bottom of the page. The tab also includes filter chips for date, type, and cash flow type.
Reconcile Account Statement Enhancements
On the Transactions > Bank > Reconcile Account Statement page, on the Review tab, the transaction list now includes bank and general ledger details, such as bank date, bank details, match type, amount, name, and general ledger transaction information. You can use these details to validate matches before reconciliation.
New filter chips let you narrow transactions by bank date, match type, cash flow type, matched by, and submitted by. Search also includes these updated fields.
NetSuite also adds guidance text that identifies when a bank account is ready to reconcile.
When click a matched transaction for review, the side-by-side view now uses clearer labels for Bank Transactions and General Ledger Transactions. Pagination no longer appears when fewer than 10 records are available.
Sensitive Information Notices for Imported Bank Data
NetSuite now displays banners on the Format Profile and Upload File pages warning you that imported bank transaction memo fields may contain sensitive information. Examples include bank account numbers, credit card numbers, and addresses.
Consequently, some account-linking warnings now appear on the Account Linking subtab instead of at the top of the page.
To upload a bank file, go to Setup > Accounting > Financial Institution > Format Profiles. You can upload a bank file under Transactions > Bank > Match Bank Data > Upload File.