ACH and batch transactions are becoming increasingly popular due to the efficiencies they offer. However they also pose a challenge during matching transactions between the bank statement and NetSuite since there would be only a single transaction on the bank statement for multiple transactions in NetSuite. Often there is no identifier in the bank statement which can be used to identify how a single bank transaction relates to a group of NetSuite transactions.
In the latest version of the Silicon Valley Bank - NetSuite Connector, we have introduced support for matching one bank transaction with multiple NetSuite transactions. After selecting the single bank transaction now you have the option to manually select multiple NetSuite transactions which make up the batch bank transaction. The amount difference between the bank transaction and the selected NetSuite transactions is calculated and shown in real time to prevent matching any unrelated transaction inadvertently.
Even if there is an amount difference due to incorrectly selecting a NetSuite transaction, the Connector will prompt the user about the discrepancy before saving.