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In this paper, a part-scale simulation study on the effects of bi-directional scanning patterns (BDSP) on residual stress and distortion formation in additively manufactured Nitinol (NiTi) parts is presented. The additive manufacturing technique of focus is powder bed fusion using a laser beam (PBF-LB), and simulation was performed using Ansys Additive Print software. The numerical approach adopted in the simulation was based on the isotropic inherent strain model, due to prohibitive material property requirements and computational limitations of full-fledged part-scale 3D thermomechanical finite element approaches. In this work, reconstructed 2D and 3D thermograms (heat maps) from in situ melt pool thermal radiation data, the predicted residual stresses, and distortions from the simulation study were correlated for PBF-LB processed NiTi samples using selected BDSPs. The distortion and residual stress distribution were found to vary greatly between BDSPs with no laser scan vector rotations per new layer, whereas negligible variations were observed for BDSPs with laser scan vector rotations per new layer. The striking similarities between the reconstructed thermograms of the first few layers and the simulated stress contours of the first lumped layer provide a practical understanding of the temperature gradient mechanism of residual stress formation in PBF-LB processed NiTi. This study provides a qualitative, yet practical insight towards understanding the trends of formation and evolution of residual stress and distortion, due to scanning patterns.