Setting Up Bank Records of Vendors in New Zealand
Set up the bank account records of each vendor to whom you will send electronic bank payments. You can set up multiple bank accounts for each vendor.
To set up vendor bank records in New Zealand:
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Go to Lists > Relationships > Vendors.
For information about adding a vendor, see Creating a Vendor Record.
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Click the Edit link next to the name of the vendor.
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On the Bank Payment Details subtab, check the EFT Bill Payment box, and click Save.
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Click New Bank Details.
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Complete the fields on the Bank Details page. The fields displayed are dependent on the EFT format selected.
Field
Description
Name
Enter a unique name for this entity bank detail record.
Payment File Format
Select ANZ to generate payment files for this vendor in the format required by ANZ New Zealand.
Select ASB to generate payment files for this vendor in the format required by ASB Bank.
Select BNZ to generate payment files for this vendor in the format required by Bank of New Zealand.
Select Westpac-DeskBank to generate payment files for this vendor in the format required by the Westpac Banking Corporation.
Type
Select whether the bank account is the vendor's primary or secondary bank account.
Bank Account Number
Enter the vendor's bank account number (15 – 16 digits).
Bank Account Name
The vendor's bank account name.
Payment Description
Enter a maximum of 12 characters for the bank payment description to be displayed in the bank statement.
Payment Reference
Enter a maximum of 12 characters for the payment reference details to be displayed in the bank statement.
Payment Code
Enter a maximum of 12 characters for the payment code to be displayed in the bank statement.
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Click Save.
You can also set up bank records of vendors, employees, customers and partners by importing bank details in CSV format into NetSuite using the Import Assistant. For more information, see Importing Electronic Bank Payments Data.