NetCash Release Notes 11/07/24

NetCash VERSION 2024.2.10 

CSV Upload Tool 

Importing bank activity 

  • We have added a tool for users whose banks do not allow for automatic bank feed connections to be able to import bank activity into NetCash via CSV files that they download from their banks. 
  • The tool can be found under NetCash > Setup > Import Bank Activity. 
  • This tool allows users to specify the Bank Institution and the Bank Account they would like to import activity for. 
  • Specificy if the file has a header row and where that header row can be found. 
  • The tool will suggest what NetCash field it thinks each column should be matched to and users can easily double-click to select from a dropdown list the NetCash field that each column should be matched to. For columns with data that isn’t needed in NetCash, the user can leave the first row blank and that column will not be imported into NetCash. 

Creating import templates 

  • When importing a CSV in NetCash users will have the ability to import once or to import and create a template. Creating a template will allow users to just drop their file in the import tool in the future and have the same mapping that they made previously applied without any additional action from the user.  

Deleting previous imports 

  • This new import tool also adds the ability to reverse a previous import that a user makes for any reason. 
  • A user can navigate to their prior imports and select the specific import they want to reverse, and that activity will no longer be shown in the Bank Activity Report or the Manual Match Page 

Custom Segments 

Transaction templates 

  • Transaction templates for automation rules will now include custom segments and lists that users have set up in their NetSuite accounts. 

Manual Match page 

  • Custom segments will now be visible on the GL transaction side of the Manual Match Page 

 Unmatching 

Match Item Groups 

  • The NetCash Bank Activity report and the Review Matches page have both been enhanced to include the Match Group for activity. This will make it easier for users to locate previously matched bank activity and unmatch it on the Review Matches page.  

Auto-unmatch control 

  • NetCash will now check to see if an account or amount has been updated on a NetSuite GL Transaction that was previously matched in NetCash and unmatch that bank and Gl transaction match, including deleting any transactions created by NetCash. If the amount or account is updated NetCash will automatically unmatch the transaction. If the date is updated, then the system will check the global setting “Balanced Changed Date Tolerance” and if the date changed by more than that value then it will trigger the balanced changed status for reconciliations. However, NetCash will not unmatch or delete the transaction if the date has changed.  

Duplicate Transactions 

Shadow Transactions from Banks 

  • Some banks utilize “shadow” transactions, that post before all of the information about a transaction has been communicated to the bank. This results in a transaction being posted with a generic name and description, which is then updated once or multiple times at future dates/times. When this occurred, Finicity viewed these transactions as not unique because they had different names and descriptions and was creating a new transaction. This resulted in users whose banks utilize shadow transactions seeing duplicates in NetCash.  
  • We have updated our system to flag shadow transactions from Finicity and to delete old transactions replacing them with the most current active transaction reflected in the user's bank.  

Bulk Permission Updating 

Permissions Update Tool 

  • We have added a Permissions Update Tool within NetCash to make it easier for users to update multiple permissions simultaneously within NetCash. This can be found under NetCash > Setup > System Setup > Import Tools. 

Bug Fixes 

Several bug fixes have been released in this recent version of NetCash, including: 

  • In some instances, transactions with $0 were being displayed on the manual match page, these transactions will no longer be displayed. 
  • A bug was causing certain cutover items to be created with the wrong sign. 
  • A bug was causing the Automation Rules page to be stuck loading when a certain value was included in the Grouping.  
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