Wednesday, September 12, 2018

Process Cash Sale Transaction in NetSuite via Electronic Fund Transfer (EFT) Without Customer's Bank Information.

To process Cash Sale transaction in NetSuite via Electronic Fund Transfer (EFT) without the Bank Name, Bank Routing Number, Bank Account Number and Maximum Amount Per Transaction and the customer has already transferred money to the Company's bank account, perform the following:


1. Navigate to Setup > Accounting > Accounting Lists > New.
2. Click Payment Method.
3. On the Payment Method page, type in EFT on the Payment Method field.
4. Set Supporting Merchant Accounts to blank.
5. Click radio button for Deposit To and choose an account.
6. Click Save.

7. Record payment in NetSuite (without the customer's bank information) which was already received on the bank through EFT.

 

To record, perform the following:

  • Navigate to the Cash Sale page
  • Fill in the necessary fields
  • Click Payment Method tab
  • Choose EFT on the Payment Method field
  • On the Check # field, add any reference # for the payment made by customer for easier Bank Reconciliation
  • Set Charge Credit Card check box to null
  • Click Save

 

 

No comments:

Post a Comment