How does the NetSuite integration work and where is my data stored?

In setting up the NetSuite integration, you’re connecting your Soldo account to a NetSuite subsidiary. You'll then connect each of your Soldo currencies to a bank account in NetSuite. 

When you export transactions from Soldo to NetSuite, they will be exported as journal entries. This means that each transaction in Soldo will be represented as two lines – Credit and Debit – in your NetSuite Journal. 

When you export multiple transactions at the same time, we’ll try to group them into Journal Entries based on the date and currency. Let's say you export 10 transactions of the same currency, 8 of which settled on the same day and 2 on other days. We’ll group the 8 transactions as a single entry and the other 2 will each have a separate entry. 

Exporting a transaction that is split with multiple VAT values in Soldo? For outgoing transactions, the Journal will show a single Credit line with the full transaction amount and a Debit line for each VAT value. The sum of the Debit-line amounts, and any tax will be equal to the amount of the Credit line. (For refund transactions, it will be the opposite, with multiple Credit lines and a single Debit line.)