The records that are ‘marked as cleared’ in the SVB Dashboard must then be reconciled in NetSuite. Click the ‘Reconcile’ button on the top right corner of the Dashboard. A new NetSuite window is displayed where you can perform a reconciliation.
You may utilize the NetSuite Native Bank Reconciliation function by using Transactions > Bank > Reconcile Bank Statement.
You need to enter the statement amount and Start and End Dates. All transactions appear in the window as Cleared. Use the Mark All Cleared to Reconcile button to effectively do a one-click reconciliation.