Built for NetSuite  ·  Powered by BAI2

Real time accounting.
Automatically.

BankSync reads your bank file daily and posts the right GL transactions in NetSuite the moment they hit your account. Your books reflect reality — every day, not just at month end.

Book a Demo → See How It Works
~40h
Staff hours saved per month
100%
Automated GL posting accuracy
Daily
Cash position reporting
BAI2 Processing
JE Creation Automated
Cash Application Automated
GL Posting Real Time
Sweep Interest Posted ✓
Bank Sweep Posted ✓
Bank Svc Charge Posted ✓
ACH Receipt Applied ✓
Wire Receipt Applied ✓
Audit Trail Logged
NetSuite Sync ● Live
BAI2 Processing
JE Creation Automated
Cash Application Automated
GL Posting Real Time
Sweep Interest Posted ✓
Bank Sweep Posted ✓
Bank Svc Charge Posted ✓
ACH Receipt Applied ✓
Wire Receipt Applied ✓
Audit Trail Logged
NetSuite Sync ● Live
The Problem

Your books are always a month behind your bank.

Every month, someone on your team pulls the bank statement, figures out what each transaction was, manually keys journal entries, applies cash receipts to invoices, and tries to reconcile it all before close.

It's tedious, error-prone, and it means your cash position is always stale. You're running your business on last month's numbers.

BankSync eliminates the manual work entirely — and gives you an accurate picture of your cash position every single day.

banksync — processing BAI2
$ banksync run --date today
Reading BAI2 file... 23 transactions found
Mapping transaction types...
✓ JE20476 — Sweep Interest $2,989.95
✓ PYMT1037 — ACH Receipt $28,866.21
✓ PYMT1038 — ACH Receipt $219,766.95
✓ PYMT1039 — Wire Receipt $161,707.32
✓ JE20475 — Bank Transfer $138,716.78
→ 5 GL transactions posted to NetSuite
→ Audit trail logged
→ Cash position updated
✓ Done in 4.2s
$
How It Works

Three steps. Zero manual entry.

BankSync runs daily, automatically, in the background. Your team doesn't do a thing.

01
🏦

Bank sends BAI2 file

Your bank delivers a daily BAI2 file containing every transaction that hit your accounts — sweeps, ACH receipts, wires, service charges, interest.

02
⚙️

BankSync reads and maps

BankSync parses the file, identifies each transaction type, and maps it to the correct GL accounts, subsidiaries, and transaction types in your NetSuite config.

03

NetSuite is updated

Journal entries and customer payments are created directly in NetSuite. Cash position is current. Audit trail is logged. Your team opens NetSuite and it's already done.

Features

Everything you need. Nothing you don't.

Purpose-built for NetSuite. No middleware, no CSV imports, no manual steps.

🏦

BAI2 File Processing

Daily bank file ingestion and parsing. Every transaction type identified and classified automatically.

📒

Automatic GL Posting

Journal entries created and posted directly in NetSuite. Correct accounts, correct subsidiaries, every time.

💳

Cash Application

Customer payment records created automatically from incoming ACH receipts and wires. AR stays current.

📊

Real-Time Dashboard

Live processing status, cash position across all accounts, and transaction history at a glance.

🔍

Execution Audit Trail

Every automated transaction logged with full detail — what ran, when, what it created. Audit-ready by default.

🔀

Smart Transaction Routing

Sweeps, interest, service charges, ACH receipts — each routed to the right transaction type and account.

🏢

Multi-Account Support

Handles multiple bank accounts across your NetSuite instance. One configuration, all accounts covered.

🛠️

Custom Transaction Mapping

Configure exactly how each BAI2 transaction type maps to your chart of accounts and NetSuite setup.

🚀

Hands-On Implementation

Set up by a NetSuite-certified consultant who built the product. Not a help ticket queue.

Pricing

Simple. Predictable. Fair.

Starting at
$299/mo
Scales with transaction volume · Implementation included
Book a Demo to Get Pricing →
Get Started

Your books should reflect today.

Book a 30-minute demo and we'll show you BankSync running on a real BAI2 file in a real NetSuite account.

Or email us directly at sales@rockwoodsolutions.com