Setting Up Company Bank Records in Germany

To set up company bank details in Germany:

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.
   GL Bank Account	Select the GL account where the processed electronic bank payment transactions will be 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 Creating Accounts.
   Legal Name	Enter your company's legal name. This will be used in the electronic bank payment files.
   Print Company Name	Enter the company name that should appear on email notifications of payment transactions sent to vendors, employees, and customers.
   Marked by Default	Check this box if you want the payment transactions for this bank account automatically checked when they are displayed in the Bill Payment Batches list and the Bill Payments form.
   EFT Template	Select one of the following: DTAUS DTAZV SEPA Credit Transfer (ABN AMRO) SEPA Credit Transfer (Austria) SEPA Credit Transfer (Germany) SEPA Credit Transfer (HSBC)
   DD Template	Select DTAUS DD or SEPA Direct Debit (Germany). Note: The SEPA Direct Debit (Germany) template can process up to 3,000 transactions in a single payment run.
   File Cabinet Location ID	Enter the internal ID of the folder that you created in Creating Folders in the NetSuite File Cabinet.
   File Name Prefix	If the EFT file format for this record is DTAZV, enter DTAZV_. The use of this file prefix is required only for DTAZV. The prefix is attached to the beginning of each file number whenever this bank is used in creating a payment file. If the EFT file format is DTAUS or SEPA Credit Transfer, the use of a file name prefix is optional.

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.

   Important:

   When using the DTAUS format, the details you enter are automatically converted to capital characters to comply with bank specifications.

   Note:

   The EFT Template Details subtab is not displayed if you did not select a value in the EFT Template field.

   Field	Description
   Bank Number (BLZ)	Enter the BLZ code of your company’s bank. BLZ (Bankleitzahl) is a bank identifier numbering system used in Germany.
   Account Number/Bank Account Number	Enter your company's bank account number.
   IBAN	This field displays your company’s International Bank Account Number (IBAN). This number is sourced from the values that you supplied in the Bank Number and Account Number fields.
   Company Name	Enter the name of your company.
   BIC	Enter the Business Identifier Code (BIC), also called SWIFT code, of your company’s bank (eight or 11 characters).
   Bank Code	Enter the 8-digit identification code of your company’s bank.
   Bank Street Address	Enter the street address of your company’s bank.
   Bank City/Town Address	Enter the city or town address of your company’s bank.
   Bank Account Name	Enter your company’s bank account name.
   HSBC Connect Id	Enter your company’s HSBC Connect Id.
   Country	Select the country where your company is located.
   Process Bills Automatically	Check this box if you want to process payment transactions for this bank account in batches. For more information, see 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.
   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 Processing Bills and Expenses. Note: This feature is available if Process Bills Automatically is enabled or Marked by Default is enabled.

6. Complete the fields on the DD Template Details subtab. The fields displayed are dependent on the DD format selected.

   Note:

   The DD Template Details subtab is not displayed if you did not select a value in the DD Template field.

   Field	Description
   Bank Number (BLZ)	Enter the BLZ code of your company’s bank. BLZ (Bankleitzahl) is a bank identifier numbering system used in Germany.
   Account Number	Enter your company's bank account number. You can provide separate bank accounts for payments and direct debit transactions.
   IBAN	This field displays your company’s International Bank Account Number (IBAN). This number is sourced from the values that you supplied in the Bank Number and Account Number fields.
   Company Name	Enter the name of your company.
   BIC	Enter the Business Identifier Code (BIC), also called SWIFT code, of your company’s bank (eight or 11 characters).
   Creditor Id	Enter your company’s Creditor Identification number issued by your bank.
   Process Bills Automatically	Check this box if you want to process payment transactions for this bank account in batches. For more information, see 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.

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

   Field	Description
   Batch Details Name	Enter a name for the payment batch.
   Saved Search	Select the search criteria to group the bills and expenses that will be included in the payment batch.
   Payment Schedule	Select a payment schedule for when the payment batches should be automatically created and submitted for processing. To set up payment schedules, see 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.

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

9. Click Save to save the company bank details.

Additional Information

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