Step-by-Step Guide

Complete the header section of the Credit Card Statement

1. Name: Provide a name for your Credit Card Statement
2. Enter value for the Statement Start Balance
3. Enter the Statement closing balance as Statement Total
4. NetSuite balance: Once all your transactions has been created, the General Ledger should balance to the Statement Total
5. The Difference should always be zero

Process Statement Charge Lines

1. Account: Provide the General Ledger expense account for each line
2. Name: Provide the name of the Vendor the charge is for, or
   
   • Leave blank if you would like to post the expense to the default miscellaneous Vendor specified on your Credit Card Configuration
3. Department, Class, and Location defaults could be set either:
   
   • On the Credit Card Configuration
   • A custom matching rule
   • Selected manually on the line during processing
4. If you have configured any Custom Fields for you account,
   
   1. defaults could be set from a custom matching rule (this will apply on SAVE and be visible in VIEW mode)
   2. Selected manually on the line during processing

Processing Statement Credit Lines

(See Supported Scenarios)

1. If you have paid the Credit Card from a Bank Account using ZoneReconcile,
2. Account: Use a clearing account

or

1. If you do not use ZoneReconcile, and will be using Standard NetSuite Bank Reconciliation
2. Account: Use AP control account
3. Name: select the vendor representing the Credit Card Provider
4. Through the normal AP process (pay bills), pay the representing Bank from the regular bank account