NetCash Release Notes 6/25/25

NetCash Version 2024.2.XX

Cash Application

A new Cash Application automation rule has been introduced that allows users to automatically apply bank transactions to open NetSuite transactions based on defined criteria.

Create Transfers

Users can now set the intercompany payables and receivables accounts that should be used on each create transfer rule, allowing the use of multiple intercompany accounts.

Direct Cash Flow Report

NetCash now includes a Direct Statement of Cash Flow report under the report section. This report can be customized for each company.

European Union Bank Connections

GoCardless has been added as a Bank Connector in NetCash, allowing users to connect to Banking Institutions in the European Union.

Journal Creation Permission

NetCash has been updated to follow the native NetSuite Journal Entry permissions for users. To manually create a transaction from the NetCash Manual Match Page users will not need to create permission for NetSuite Journal Entries.

Journal Deletion Permission

Users will now need full permission for NetSuite Journal Entries to be able to delete journal entries when deleting and unmatching transactions in NetSuite.

NetSuite Form View

If a Bank Transaction is selected on the Manual Match Page and a user navigates to the NetSuite Form View from the Manual Match Page button, the journal entry that is created will be matched to the Bank Transaction the user navigated from.

Cash Application with multiple vendors or customers

Users can now apply cash from a bank transaction to multiple vendors or customers within the same subsidiary.

Applying cash to Undeposited Funds transactions

Users can now use the Cash Application page to apply cash as deposits to transactions to the Undeposited Funds account. This can be enabled under System Features.

Rounding entries for Cash Application

If a user tries to apply a bank transaction to a GL transaction of a lesser amount, NetCash will now ask the user if they want to book a rounding entry for the difference to enable this type of Cash Application.

Search operators

The text search bar on the Manual Match Page now accepts <, >, <=, =>, and "Between... and" search operators.

Netgain Best Match

NetCash will now suggest matches to users under the Auto Match page based on the Netgain Best Match algorithm. This can be accessed using the mode dropdown on the Auto Match. There are two Netgain Best Match pages, one for Bank to GL Matches and one for Cash Application

NetCash AI Assistant

NetCash AI Assistant was added to the Direct Cash Flow, Proof of Cash, and Reconciliations Detail reports.

Using sourced values in automation rules

Users can now use segments and other records in automation rules that they have created a sourcing record for.

Show hierarchy

Users can turn on show hierarchy for department, class, and location from the respective sourcing records.

Require fields

Users can now require fields to be filled out when creating transactions from the manual create transaction page by enabling the “Required On” field for the specific transaction types on each sourcing record.

Create transaction

Added the ability for NetCash to source Tax Code onto transactions created from the Manual Match Page and onto the transaction template for Create Transaction Automation Type rules.

Record Applicability

NetCash Transaction UE script was updated from Applies To: All Records to Applies To: Specific Records. This will result in NetCash only impacting transaction types that are relevant to NetCash. To prevent NetCash from applying to a specific transaction type, please undeploy the specific deployment rather than deleting it. A deleted deployment will be recreated next time the NetCash account is updated.

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