Reconciling EFT Payments in the NetSuite Bank Reconciliation

New functionality to assist reconciling EFT payments in the NetSuite bank reconciliation

The Problem

The native NetSuite EFT Bill Payment processing functionality posts a payment line for each supplier paid in the EFT payment file against the bank account.  This makes the matching statement to GL bank reconciliation process very time consuming as line has to be ticked and added together to make the match against a single payment amount on the bank statement.

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Feel Good Favourites

It’s a very unsettling time in the world, and with lockdowns and uncertainty we need some ways to feel good. Here are some that we have compiled for you:

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Optimising NetSuite during the Covid-19 downtime

A number of our customers are closed or offering reduced services during the Covid-19 lockdown and may find their employees have time available to optimise NetSuite. Get them thinking of new features or functionality you haven’t had time to explore or those pain points that need someone to take a look and scope the what/why/what can be done.

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Liberate I.T. and COVID-19

All of us are watching the news related to COVID-19. We wanted to take this opportunity to update our customers on Liberate I.T.s continuity plan.

Liberate I.T. is a virtual workspace company, utilising only NetSuite, 365 and Asana to run all our operations. This has made it easy for Liberate to comply with the governments rules during the lock-down, with all services, support and meetings being performed virtually.

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Troubleshooting Undelivered Emails

Go to Lists > Relationships > Bounced Email Addresses to determine if the recipient’s email address is on the bounced list. If the email address is in the list, delete the email from the list by marking the Delete checkbox for each email address in the list. You can also use the Mark All button and then click the Delete button to clear the email addresses in the Bounced Email Address list, you can then try and resend the email.

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Upgrade Notice: Fixed Assets Management Version 20.1

Liberate I.T. want to ensure our customers have the latest information. Because of this, we wish to inform you about the release preview availability of NetSuite Fixed Assets Management version 20.1, the target date of the upgrade, and the enhancements that will be included in the new version of the SuiteApp.

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What our clients are saying

You made the whole project an enjoyable and exciting experience that has been key in moving the business forward in leaps and bounds!

Murray Sellars
Packline Solutions

The change over from old program to NetSuite was made easy by their vast knowledge and being able to adapt the program to our style of business and recommend changes to save time. 

Lyn Chapman
Prestige Produce

They ensured our implementation of JCurve/NetSuite was seamless to our customers and since the cut-over has continued to assist us with progressively expanding the NetSuite capabilities within our company.

Peter Davis
Point to Point Distribution

Liberate IT has the unique characteristics of in-depth understanding of the NetSuite application and business process to offer businesses an optimal system for their business to operate. They are quick to identify and interpret needs and have a broad and practical experience to know what works.

Lucas Vear
Viatek Pty Ltd

I've worked closely with these guys for over 3 years now and would recommend them highly. Everyone takes a keen interest in finding the right solution for our needs, which is a feat, considering our needs are far from 'generic'.

Joshua Brownlie
Bulleen Screens

Liberate IT have helped shape our company's future direction with their thorough understanding and professional implementation of our Netsuite package. Highly recommend.

Julian Smith
Nationwide Waste

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