Make a deposit in NetSuite to record the funds you deposit into your bank account. In cases where the customer payments are not directly deposited into a bank account, record customer payments into the undeposited funds account. Use deposits to move funds from the undeposited funds account into your general ledger account when payments are physically deposited into the bank. This allows you to keep the GL bank account balance and the actual ban balance in sync.
You can also deposit funds not related to transaction payments. If you receive cash back from the deposit transaction, you can also record these funds on the deposit slip. Print deposit slips as you create the deposit or queue the for later printing. NetSuite lets you print all of your deposits for one account in a single run, generating a PDF that you can review before sending to the printer.
The accounting assistant deposits the cash receipts for the day into the bank.
Inorder to print the deposits navigate to financial –> banking–> print checks and forms –> select deposits –> check the corresponding deposit –> click on print button. Pdf will be printed in a new tab.
NetSuite reports and analytics that support deposits include the financials scorecard and the bank register.