New Zealand-Specific Features - September 9, 2020 - Oracle Help Center

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New Zealand-Specific Features

September 9, 2020               2020.2
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Table of Contents
New Zealand Help Topics ......................................................................................................... 1
  NetSuite International Edition - New Zealand Account Setup ...................................................... 3
  Setting Up New Zealand-specific Preferences .......................................................................... 4
  New Zealand Tax Topics ....................................................................................................... 6
     New Zealand Tax Codes ................................................................................................... 6
     New Zealand GST Report ................................................................................................. 7
  New Zealand Payment Formats ............................................................................................. 8
     Setting Up Company Bank Records in New Zealand .............................................................. 9
     Setting Up Bank Records of Vendors in New Zealand .......................................................... 11
     Setting Up Bank Records of Employees in New Zealand ....................................................... 12
     Setting Up Bank Records of Customers in New Zealand ....................................................... 13
     Setting Up Bank Records of Partners in New Zealand .......................................................... 14
New Zealand Help Topics         1

New Zealand Help Topics

Overview
The following Help topics contain information about NetSuite features that are specific to companies
doing business in New Zealand.

General NetSuite features are covered in other chapters and topics.

General Setup
Functional Area     Feature                          Description

Required Setup      NetSuite International Edition   Provides an overview of the NetSuite International edition
                    - New Zealand Account Setup      configured with capabilities and reports specific to a New
                                                     Zealand business setting and requirements.

                    Setting Up New Zealand-          Set up your NetSuite company and user preferences to New
                    specific Preferences             Zealand, including currency format, language, date, and time
                                                     zone.

Required            Country-Specific Address         Provides address forms in New Zealand format.
SuiteApps           Forms

                    Payment Gateway                  Integration with AsiaPay, eWAY Rapid, SecurePay, and SecurePay
                                                     FraudGuard credit card payment gateways in New Zealand.

                    Electronic Bank Payments         Enables bank payments of vendor bills, employee expenses,
                                                     partner and employee commissions, customer refunds, and
                                                     customer payments within New Zealand.

                    International Tax Reports        For NetSuite accounts without the SuiteTax feature, the
                                                     International Tax Reports SuiteApp is used to generate GST
                                                     reports in New Zealand format, sales and purchase reports by
                                                     tax code, and pre-configured tax codes for newly-created nexus.

                    SuiteTax Engine                  For NetSuite accounts with the SuiteTax feature enabled, the
                                                     SuiteTax Engine sets default tax codes based on local tax
                                                     requirements.

                    Tax Reporting Framework          For NetSuite accounts with the SuiteTax feature enabled, the
                                                     Tax Reporting Framework SuiteApp is used to generate and
                                                     customize the New Zealand GST Return.

Mobile Devices      Configuring NetSuite for         Configure NetSuite localization settings for mobile devices.
                    Mobile

Accounting
Functional Area                                        Feature              Description

Taxation (Legacy)                                      New Zealand Tax      Tax code table for New Zealand
                                                       Codes                transactions.

New Zealand-Specific Features
Order Management           2

Functional Area                                         Feature             Description

      Note:     Read these topics if your NetSuite      New Zealand GST     The NetSuite International edition with
      account has the International Tax Reports         Report              a New Zealand subsidiary and nexus
      SuiteApp enabled. If you have SuiteTax                                provides pro-forma New Zealand Goods
      enabled in your account, see the help topic                           and Services Tax report in the format of
      SuiteTax.                                                             the local tax return (GST101A).

                                                        What goes into      Provides information on how to calculate
                                                        each box - New      the New Zealand Goods and Services Tax
                                                        Zealand GST         Return (GST101A).
                                                        Report

Order Management
Functional Area    Feature                           Description

Payment            New Zealand Payment       Provides information about the Electronic Bank Payments
Processing         Formats                   SuiteApp and its supported payment formats specific to New
                                             Zealand, including steps on setting up bank records for your
                   ■ Setting Up Company Bank company, partners, vendors, customers, and employees in New
                     Records in New Zealand  Zealand.
                   ■ Setting Up Bank Records
                     of Vendors in New
                     Zealand
                   ■ Setting Up Bank Records
                     of Employees in New
                     Zealand
                   ■ Setting Up Bank Records
                     of Customers in New
                     Zealand
                   ■ Setting Up Bank Records
                     of Partners in New
                     Zealand

                   Payment Gateway                   Integrate with a local payment gateway service provider, AsiaPay,
                                                     eWAY Rapid, SecurePay, and SecurePay FraudGuard, to accept
                                                     credit card payments from customers.

SuiteCommerce
Functional Area                      Feature                               Description

SuiteCommerce Advanced (SCA)         SuiteCommerce and OneWorld            Set up SCA for a particular locale or for
                                                                           OneWorld.

SuiteCommerce Site Builder           Site Builder Overview                 Set up site for a particular locale.

                                     Site Builder and OneWorld             Set up site for OneWorld.

SuiteCommerce InStore (SCIS)         Localizing SCIS                       Set up SCIS for a particular locale.

New Zealand-Specific Features
NetSuite International Edition - New Zealand Account Setup          3

NetSuite International Edition - New Zealand
Account Setup
The NetSuite International (XX) edition can be configured with capabilities and reports specific to a New
Zealand business setting and requirements.

Companies doing business in New Zealand can use the following features:

Feature                      Capability

GST                          ■ Pre-configured New Zealand GST tax codes and tax rates
                             ■ Pro-forma GST report (GST101A)
                             ■ Automatic calculation of GST in transactions

Banking and Electronic       ■ Support for Electronic Funds Transfer through the following New Zealand banks:
Payments
                                □ ABA
                                □ ANZ (ANZ Bank)
                                □ ASB (ASB Bank)
                                □ BNZ (Bank of New Zealand)
                                □ DeskBank (Westpac Bank)
                                □ Direct Debit support for ABA
                             ■ Accept credit card payments via AsiaPay, eWAY Rapid, SecurePay, and SecurePay
                               FraudGuard payment gateways

Language                     ■ User interface translated to English (International)
                             ■ Numbers and currency display according to New Zealand conventions

Localization                 ■ Trading documents can be configured to comply with local requirements and
                               issued in partner’s language
                             ■ Support for New Zealand Number, Date, Address, Phone, and Currency Formats
                               and Time Zone
                             ■ Localizable SuiteCommerce and SuiteCommerce InStore for webstore and point-
                               of-sale requirements

To know more about localized editions of NetSuite including that for New Zealand, as well as setting up
NetSuite accounts and subsidiaries, refer to the following Help topics:

■ NetSuite Editions Overview – Provides information about NetSuite editions.
■ Introduction to NetSuite OneWorld – Provides information for companies using NetSuite across
  multiple subsidiaries and countries.
■ Set up NetSuite OneWorld – Provides steps on setting up NetSuite OneWorld.
■ Creating Subsidiary Records – Provides information on creating subsidiary records on NetSuite
  OneWorld.

Required SuiteCloud Features and SuiteApps
To enable and use New Zealand-specific features, you must enable some SuiteCloud features and install
relevant SuiteApps.

New Zealand-Specific Features
NetSuite International Edition - New Zealand Account Setup        4

      Note: Make sure that your NetSuite role has the appropriate permissions to install bundles and
      enable features.

To enable required SuiteCloud features:
  1. In NetSuite, go to Setup > Company > Setup Tasks > Enable Features (Administrator).
  2. On the Company subtab, go to the International section and check the Multi–language and
     Multiple Currencies boxes.
  3. On the SuiteCloud subtab, enable the following features:
      ■ SuiteBuilder
      ■ SuiteScript
      ■ SuiteGL
      For more information about SuiteCloud features, see the help topic SuiteCloud Features.
  4. Click Save.

To install required SuiteApps:
  1. In NetSuite, go to Customization > SuiteBundler > Search & Install Bundles.
  2. Search and install the following SuiteApps:
      ■ Country-Specific Address Forms – Provides address forms formatted for New Zealand.
      ■ Payment Gateway – Integration with AsiaPay, eWAY Rapid, SecurePay, and SecurePay
        FraudGuard credit card payment gateways in New Zealand.
      ■ Electronic Bank Payments – Enables bank payments of vendor bills, employee expenses, partner
        and employee commissions, customer refunds, and customer payments within New Zealand.
      ■ International Tax Reports – Generates GST reports in New Zealand format, sales and purchase
        reports by tax code, and pre-configured tax codes for newly-created nexus. If your account has
        the SuiteTax feature enabled, you do not need to install this SuiteApp.
      ■ SuiteTax Engine – Sets default tax codes based on local tax requirements. This SuiteApp
        requires the SuiteTax plug-in. For more information about the SuiteTax feature, see the help
        topic SuiteTax.
      ■ Tax Reporting Framework – Generates the New Zealand GST Return and allows customization
        of tax returns by using report filters. This SuiteApp requires the SuiteTax Engine to generate
        New Zealand GST reports.
      For more information about SuiteApps, see the help topic SuiteApps.

If your company uses NetSuite across multiple subsidiaries and countries, see the help topic Introduction
to NetSuite OneWorld.

Setting Up New Zealand-specific Preferences
In NetSuite, you can set up your company and personal user preferences that are specific to doing
business in New Zealand.

      Note: Make sure that your NetSuite role has the appropriate permissions to set up company
      preferences specific to New Zealand.

To set up New Zealand-specific Company Preferences:
  1. In NetSuite, go to Setup > Company > Setup Tasks > Enable Features (Administrator).

New Zealand-Specific Features
Setting Up New Zealand-specific Preferences   5

  2. On the Company subtab, go to the International section and check the Multi-language and
     Multiple Currencies boxes.
  3. On the SuiteCloud subtab, check that the following features are enabled:
      ■ SuiteBuilder
      ■ SuiteScript
      ■ SuiteGL
      For more information about SuiteCloud features, see the help topic SuiteCloud Features.
  4. Go to Setup > Company > Setup Tasks > Company Information and select New Zealand Dollar
     (NZD) as the Currency.
  5. Go to Setup > Company > Setup Tasks > States/Provinces/Counties and add the following regions:
      ■ Northland
      ■ Auckland
      ■ Waikato
      ■ Bay of Plenty
      ■ Gisborne
      ■ Hawke’s Bay
      ■ Taranaki
      ■ Manawatu-Wanganui
      ■ Wellington
      ■ Tasman
      ■ Nelson
      ■ Marlborough
      ■ West Coast
      ■ Canterbury
      ■ Otago
      ■ Southland
      For more information on setting up States/Provinces/Counties, see the Help topic Setting Up
      States, Provinces, and Counties.
  6. Click Save.

For more information on setting up company information, see the help topic Configuring Company
Information.

To set up New Zealand-specific User Preferences:
  1. In NetSuite, go to Home > Set Preferences.
  2. On the Set Preferences page, go to the General subtab. In the Localization section, set the
     following preferences:
         a.   Select British as Spelling Locale.
         b.   Select GMT +12:00 Auckland, Wellington as Time Zone.
  3. In the Formatting section, select your preferred Date Format and Long Date Format.
  4. Click Save.

For more information on localizing preferences in NetSuite, see the help topic General Personal
Preferences.

New Zealand-Specific Features
New Zealand Tax Topics        6

New Zealand Tax Topics
If you have a New Zealand subsidiary and nexus and you have the International Tax Reports SuiteApp
installed in your NetSuite account, you can generate the New Zealand Goods and Services Tax Return
(GST101A). The report can be used as a source for filling in the official tax form for submission to the tax
agency. You can also view sales and purchase reports by tax code.

For more information, read the following New Zealand tax topics:

■ New Zealand Tax Codes
   □ Tax Code Table for New Zealand
■ New Zealand GST Report
   □ What goes into each box - New Zealand GST Report

For more information on the International Tax Reports SuiteApp, see the help topic International Tax
Reports.

Related Topics

■ New Zealand Tax Codes
■ New Zealand GST Report
■ What goes into each box - New Zealand GST Report
■ New Zealand Payment Formats
■ NetSuite International Edition - New Zealand Account Setup
■ Setting Up New Zealand-specific Preferences

New Zealand Tax Codes
Tax codes determine how much tax is paid on each transaction line item. For NetSuite to calculate correct
values on transaction records and tax reports, make sure that the tax codes for New Zealand are set up
correctly.

For more information on tax codes, see the help topics Tax Code Properties and Creating Tax Codes.

Tax Code Table for New Zealand
The following table shows the tax properties required to correctly generate the tax reports provided by
the International Tax Reports SuiteApp. The tax code names or letters used in the following table are
suggested names or default system preferences. You can rename the tax codes. Tax reports identify
transactions by looking at the tax code properties, not the tax code names.

On the New Tax Code or Edit Tax Code page, check the boxes of the properties that apply to the tax code.
For more information about tax code properties, see the help topic Tax Code Properties.

       Important: Please consult your tax agency for the correct tax rates.

Tax Code      Description          Property     Rate    Available On

S-NZ          Standard rate                     15%     Both (Sales and Purchases)

Z-NZ          Zero rate                         0%      Both (Sales and Purchases)

New Zealand-Specific Features
New Zealand Tax Topics      7

Tax Code      Description         Property     Rate    Available On

E-NZ          VAT exempt sales    Exempt               Sales

New Zealand GST Report
If you have a New Zealand subsidiary and nexus and you have the International Tax Reports SuiteApp
installed in your NetSuite account, you can generate the New Zealand Goods and Services Tax Return
(GST101A) from Reports > VAT/GST > Tax Reports (International).

       Important: To generate the tax report for New Zealand, use the tax code properties provided
       by the International Tax Reports SuiteApp. See New Zealand Tax Codes.

NetSuite gets the values in the report from your transactions, but some boxes in the form may require
you to manually enter data. For information, see the help topic Generating VAT/GST Reports.

You should review all the values in the report. You can click the values in the boxes of the VAT report
to view drilldown details. To understand how NetSuite uses the tax codes to get the values for the New
Zealand GST report, see What goes into each box - New Zealand GST Report.

       Important: The NetSuite VAT/GST tax form is designed to look like the official tax form for
       ease of use when completing the official return form. It is not intended for submission to the tax
       agency.

New Zealand-Specific Features
New Zealand Tax Topics       8

      Note: You can also use customizable saved reports provided by the International Tax Reports
      SuiteApp to view both detail and summary reports for purchases or sales, grouped by tax code.
      For more information, see the help topic Sales and Purchase Reports Grouped by Tax Code.

What goes into each box - New Zealand GST Report
The following table shows how NetSuite uses the tax codes to get the values for the New Zealand GST
Report.

Description                                                                    Box    Amount

Total sales and income for the period (including GST and any zero-rated        5      Gross amount of sales S
supplies)
                                                                                      Net amount of sales Z

Zero-rated supplies included in Box 5                                          6      Net amount of sales Z

Box 5 less Box 6                                                               7      Box 5 - Box 6

Box 7 multiplied by three (3) divided by twenty-three (23)                     8      [(Box 7)*3]/23

Adjustments from your calculation sheet                                        9      Editable field

Box 8 plus Box 9. This is your total GST collected on sales and income         10     Box 8 + Box 9

Total purchases and expenses (including GST) for which tax invoicing           11     Gross amount of purchases
requirements have been met excluding any imported goods                               S

Box 11 multiplied by three (3) divided by twenty-three (23)                    12     [(Box 11)*3]/23

Credit adjustments from your calculation sheet                                 13     Editable field

Box 12 plus Box 13. This is your total GST credit for purchases and expenses   14     Box 12 + Box 13

Box 10 less Box 14                                                             15     Box 10 - Box 14

New Zealand Payment Formats
The Electronic Bank Payments SuiteApp enables businesses to pay vendor bills, employee expenses,
and customers within New Zealand by generating payment files formatted using the following bank
specifications:

■ ANZ (ANZ, New Zealand)
■ ASB (Auckland Savings Bank)
■ BNZ (Bank of New Zealand)
■ DeskBank (Westpac Banking Corporation)

To set up the Electronic Bank Payments SuiteApp for your company, subsidiaries, vendors, employees,
customers, and partners in New Zealand, read the following topics:

■ Setting Up Company Bank Records in New Zealand
■ Setting Up Bank Records of Vendors in New Zealand
■ Setting Up Bank Records of Employees in New Zealand

New Zealand-Specific Features
New Zealand Payment Formats           9

■ Setting Up Bank Records of Customers in New Zealand
■ Setting Up Bank Records of Partners in New Zealand

Electronic Bank Payments supports the following Electronic Fund Transfers, Direct Debit transactions, and
Positive Pay service in New Zealand:

Electronic Bank Payments          Supported Payment Formats in New Zealand
Services

Electronic Fund Transfers (EFT)   ABA

                                  ANZ (ANZ Bank)

                                  ASB (ASB Bank)

                                  BNZ (Bank of New Zealand)

                                  DeskBank (WestPac Bank)

Direct Debit                      ABA DD

                                         Note:   The DD suffix is added to distinguish direct debit formats from
                                         EFT formats.

Positive Pay                      BoA/ML (Bank of America Merrill Lynch)

                                  RBC (Royal Bank of Canada)

                                  SVB - CDA (Silicon Valley Bank - Controlled Disbursement Accounts)

Global Payment Format             Barclays MT103

                                  J.P. Morgan Freeform GMT

To know more about Electronic Bank Payments and how to set it up, see the following Help topics:

■ Electronic Bank Payments – Provides information about the Electronic Bank Payments SuiteApp.
■ Setting Up Electronic Bank Payments – Provides information on setting up the Electronic Bank
  Payments SuiteApp.
■ Importing Electronic Bank Payments Data – Provides steps on importing entity bank details for
  electronic bank payments.

Setting Up Company Bank Records in New Zealand
Set up the bank account records that your company or subsidiaries will be using to send and receive
electronic bank payments.

To set up company bank details in New Zealand:

  1. Go to Payments > Setup > Bank Details > New.
  2. Complete the fields on the New Company Bank Details page.

       Field            Description

       Name             Enter a name for the bank record.

New Zealand-Specific Features
New Zealand Payment Formats             10

      Field            Description

      GL Bank          Select the GL account where the processed electronic bank payment transactions will be
      Account          posted.

                              Note:     The Subsidiary and Currency fields are automatically populated when a
                              GL Bank Account is selected. Subsidiaries are only available in NetSuite OneWorld.
                              If a GL bank account is not available in the dropdown list, go to Setup > Accounting
                              > Manage G/L > Chart of Accounts > New to create one. For more information, see
                              the help topic Creating Accounts.

      Legal Name       Enter your company's legal name. This will be used in the electronic bank payment files.

      Print Company    Enter the company name that should appear on email notifications of payment
      Name             transactions sent to vendors, employees, and customers.

      Marked by        Check this box if you want the payment transactions for this bank account automatically
      Default          checked when they are displayed in the Bill Payment Batches list and the Bill Payments
                       form.

      EFT Template     Select ANZ to generate payment files in the format required by ANZ New Zealand.
                       Select ASB to generate payment files in the format required by ASB Bank.
                       Select BNZ to generate payment files in the format required by Bank of New Zealand.
                       Select Westpac-DeskBank to generate payment files in the format required by Westpac
                       Banking Corporation.

      File Cabinet     Enter the internal ID of the folder that you created for storing payment format files. For
      Location ID      more information, see the help topic Creating Folders in the NetSuite File Cabinet.

      File Name        (Optional) Enter a prefix for the file number sequence. The prefix is attached to the
      Prefix           beginning of each file number whenever this bank is used in creating a payment file.

  3. Click Save.
  4. Complete the additional bank detail fields..

      Field           Description

      Department      Select the department for payments made under this bank account.

      Class           Select the class for payments made under this bank account.

      Location        Select the location for payments made under this bank account.

              Note: For each category, you can set up to 50,000 classes, departments or locations.
              Setting up more than 50,000 for each category may slow down the loading of the dropdown
              list of categories.

  5. Complete the fields on the EFT Template Details subtab. The fields displayed are dependent on
     the EFT format selected.

      Field                Description

      Account Number       Enter the 15-digit or 16-digit numeric code that identifies the account where the credit
                           transaction values will be debited (direct credit payments) or the account where the
                           debit transaction values will be credited (direct debit payments).

      Process Bills        Check this box if you want to process payment transactions for this bank account in
      Automatically        batches. For more information, see the help topic Processing Bills and Expenses in
                           Batches. Leave this box clear if you want to process payment transactions for this
                           bank manually. For more information see, Manually Processing Bills and Expenses.

      Accounts Payable     Select the accounts payable register where the payments will be posted.

New Zealand-Specific Features
New Zealand Payment Formats              11

       Field                Description

       Hide Transactions    Check this box if you want to hide the transaction lines on the Bill Payment Batches
                            form when processing payments in batches. For more information, see the help topic
                            Processing Bills and Expenses.

                                   Note:  This feature is available if Process Bills Automatically is enabled or
                                   Marked by Default is enabled.

  6. If you want to create multiple payment batches for this bank account, complete the fields on the
     Batch Details subtab.

       Field           Description

       Batch Details   Enter a name for the payment batch.
       Name

       Saved Search    Select the search criteria to group the bills and expenses that will be included in the
                       payment batch.

       Payment         Select a payment schedule for when the payment batches should be automatically created
       Schedule        and submitted for processing. To set up payment schedules, see the help topic Setting
                       Schedules for Payment Batches. You can leave this field blank and choose to manually
                       trigger the system to create payment batches by clicking Refresh Batch.

       Inactive        Check this box if you want to make a payment batch inactive. When you mark a record as
                       inactive, it is not displayed in lists and dropdown fields. However, the record remains in the
                       system for future reference.

                              Note:    If you check the Inactive box for the main batch, bills that do not meet
                              search criteria will not be included in the payment batch.

       Email Recipient Select the employee to whom a notification should be sent whenever payment batches are
                       created per schedule.

  7. Click Add to save the payment batch. You can create more payment batches for the bank account.
  8. Click Save to save the company bank details.

If you want to set up approval routing for this bank account, see the help topic Setting Up Approval
Routing for Payment Batches.

Setting Up Bank Records of Vendors in New Zealand
Set up the bank account records of each vendor to whom you will send electronic bank payments. You
can set up multiple bank accounts for each vendor.

To set up vendor bank records in New Zealand:
  1. Go to Lists > Relationships > Vendors.
      For information on adding a vendor, see the help topic Adding a Vendor Record.
  2. Click the Edit link next to the name of the vendor.
  3. On the Bank Payment Details subtab, check the EFT Bill Payment box, and click Save.
  4. Click New Bank Details.
  5. Complete the fields on the Bank Details page. The fields displayed are dependent on the EFT
     format selected.

New Zealand-Specific Features
New Zealand Payment Formats            12

       Field                   Description

       Name                    Enter a unique name for this entity bank detail record.

       Payment File Format     Select ANZ to generate payment files for this vendor in the format required by ANZ
                               New Zealand.
                               Select ASB to generate payment files for this vendor in the format required by ASB
                               Bank.
                               Select BNZ to generate payment files for this vendor in the format required by
                               Bank of New Zealand.
                               Select Westpac-DeskBank to generate payment files for this vendor in the format
                               required by the Westpac Banking Corporation.

       Type                    Select whether the bank account is the vendor's primary or secondary bank
                               account.

       Bank Account Number     Enter the vendor's bank account number (15 – 16 digits).

       Bank Account Name       The vendor's bank account name.

       Payment Description     Enter a maximum of 12 characters for the bank payment description to be
                               displayed in the bank statement.

       Payment Reference       Enter a maximum of 12 characters for the payment reference details to be
                               displayed in the bank statement.

       Payment Code            Enter a maximum of 12 characters for the payment code to be displayed in the
                               bank statement.

  6. Click Save.

You can also set up bank records of vendors, employees, customers and partners by importing bank
details in CSV format into NetSuite using the Import Assistant. For more information, see the help topic
Importing Electronic Bank Payments Data.

Setting Up Bank Records of Employees in New Zealand
Set up the bank account details of each employee to whom you will send electronic bank payments. You
can set up multiple bank accounts for each employee.

To set up employee bank details in New Zealand:
  1. Go to Lists > Employees > Employees.
      To create a new employee record, see the help topic Adding an Employee.
  2. Click the Edit link next to the name of the employee.
  3. On the Bank Payment Details subtab, check the EFT Bill Payment box, and click Save.
  4. Click New Bank Details.
  5. Complete the fields on the Bank Details page. The fields displayed are dependent on the selected
     EFT format.

       Field                 Description

       Name                  Enter a unique name for this entity bank detail record.

       Payment File Format Select ANZ to generate payment files for this employee in the format required by
                           ANZ New Zealand.
                             Select ASB to generate payment files for this employee in the format required by ASB
                             Bank.

New Zealand-Specific Features
New Zealand Payment Formats            13

       Field                 Description
                             Select BNZ to generate payment files for this employee in the format required by
                             Bank of New Zealand.
                             Select Westpac-DeskBank to generate payment files for this employee in the format
                             required by Westpac Banking Corporation.

       Type                  Select whether the bank account is the employee's primary or secondary bank
                             account.

       Bank Account          Enter the employee's bank account number (15 – 16 digits).
       Number

       Bank Account Name     Enter the employee's bank account name.

       Payment Description     Enter a maximum of 12 characters for the bank payment description to be
                               displayed in the bank statement.

       Payment Reference       Enter a maximum of 12 characters for the payment reference details to be
                               displayed in the bank statement.

       Payment Code            Enter a maximum of 12 characters for the payment code to be displayed in the
                               bank statement.

  6. Click Save.

You can also set up bank records of vendors, employees, customers and partners by importing bank
details in CSV format into NetSuite using the Import Assistant. For more information, see the help topic
Importing Electronic Bank Payments Data.

Setting Up Bank Records of Customers in New Zealand
Set up the bank account details of each customer to whom you will send customer refunds. You can set
up several bank accounts for each customer.

To set up bank details of a customer for refund transactions:
  1. Go to Lists > Relationships > Customers.
      For information on creating a customer record, see the help topic Customers.
  2. Click Edit next to the name of the customer to whom you want to send refund payments.
  3. On the Bank Payment Details (Credit) subtab, check the EFT Customer Refund Payment box,
     and click Save.
  4. Click New Bank Details.
  5. Complete the fields on the Bank Details page. The fields displayed are dependent on the selected
     EFT format.

       Field                 Description

       Name                  Enter a unique name for this entity bank detail record.

       Payment File Format   Select ANZ to generate payment files for this customer in the format required by
                             ANZ New Zealand.
                             Select ASB to generate payment files for this customer in the format required by ASB
                             Bank.
                             Select BNZ to generate payment files for this customer in the format required by the
                             Bank of New Zealand.
                             Select Westpac-DeskBank to generate payment files for this vendor in the format
                             required by Westpac Banking Corporation.

New Zealand-Specific Features
New Zealand Payment Formats           14

       Field                 Description

       Type                  Select whether the bank account is the customer's primary or secondary bank
                             account.

       Bank Account          Enter the customer's bank account number (15 – 16 digits).
       Number

       Bank Account Name     Enter the customer's bank account name.

       Payment Description     Enter a maximum of 12 characters for the bank payment description to be
                               displayed in the bank statement.

       Payment Reference       Enter a maximum of 12 characters for the payment reference details to be
                               displayed in the bank statement.

       Payment Code            Enter a maximum of 12 characters for the payment code to be displayed in the
                               bank statement.

  6. Click Save.

You can also set up bank records of vendors, employees, customers and partners by importing bank
details in CSV format into NetSuite using the Import Assistant. For more information, see the help topic
Importing Electronic Bank Payments Data.

Setting Up Bank Records of Partners in New Zealand
Set up the bank account records of each partner to whom you will send electronic bank payments. You
can set up multiple bank accounts for each partner.

To set up partner bank records in New Zealand:
  1. Go to Lists > Relationships > Partners.
      For information on adding a partner, see the help topic Creating a Partner Record.
  2. Click the Edit link next to the name of the partner.
  3. On the Bank Payment Details subtab, check the EFT Bill Payment box, and click Save.
  4. Click New Bank Details.
  5. Complete the fields on the Bank Details page. The fields displayed are dependent on the selected
     EFT format.

       Field                 Description

       Name                  Enter a unique name for this entity bank detail record.

       Payment File Format   Select ANZ to generate payment files for this partner in the format required by ANZ
                             New Zealand.
                             Select ASB to generate payment files for this partner in the format required by ASB
                             Bank.
                             Select BNZ to generate payment files for this partner in the format required by the
                             Bank of New Zealand.
                             Select Westpac-DeskBank to generate payment files for this partner in the format
                             required by Westpac Banking Corporation.

       Type                  Select whether the bank account is the partner’s primary or secondary bank account.

       Bank Account          Enter the partner’s bank account number (15 – 16 digits).
       Number

       Bank Account Name     Enter the partner’s bank account name.

New Zealand-Specific Features
New Zealand Payment Formats          15

  6. Click Save.

You can also set up bank records of vendors, employees, customers and partners by importing bank
details in CSV format into NetSuite using the Import Assistant. For more information, see the help topic
Importing Electronic Bank Payments Data.

New Zealand-Specific Features
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