This chapter contains the following topics:
Section 16.1, "Generating a Balance Sheet and Income Statement"
Section 16.2, "Printing VAT Invoices from the Sales Order System for China"
Section 16.3, "Generating VAT on Free Goods Journal - China Report"
This section provides an overview of the balance sheet and income statement for China, lists a prerequisite, and describes how to run the Balance Sheet or Income Statement program (R75C211).
The Balance Sheet and Income Statement program (R75C111) creates a sample balance sheet and a sample income statement for China. You can customize the balance sheet and income statements according to your specific needs. These reports retrieves information from the F0901, F0902, and F0006 tables.
Set up category code 21 in UDC table 09/21 with the appropriate value for each account.
Select Financial Reports (G75C09), Balance Sheet or Income Statement.
This section provides an overview of printing invoices for China and discusses how to set processing options for GUI Interface File from Sales Order (R75C421).
In China, special VAT (value-added tax) invoices are prepared by using a Government Uniform Invoice (GUI). The GUI format includes a legal invoice number that is supplied and required by the government. The Golden Tax software system provides a preprinted format and handles all of the associated printing issues. The JD Edwards EnterpriseOne solution creates a predefined Golden Tax interface file. The Golden Tax system then reads and writes the data in the GUI format to preprinted and prenumbered invoices.
Use the standard invoice print program to print invoices for review and to create a flat file that you can submit to the Golden Tax software system. When you run the Print Invoices program (R42565), the system also runs the Create GUI flat file from SO invoice work file - China program (R75C422), which populates the Text Processor Header table (F007101) and the Text Processor Detail table (F007111). You must use the Text File Processor program (P00701) to copy information from these tables to a file that you can submit to the Golden Tax system.
The Print Invoices program also produces a paper report that you can use to review the invoices before you submit them to the Golden Tax system.
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Note: You can print invoices for VAT from the JD Edwards EnterpriseOne Accounts Receivable system, from the JD Edwards EnterpriseOne Sales Order Management system, or both. |
After you set up the item master, the item branch/plant, or both, you need to complete the processing option Item Category Code Name field for the Chinese GUI Interface file from Sales Order-Set Up - China program. You must use the same value for the category code that you chose for the item master and item branch/plant.
Processing options enable you to specify the default processing for programs and reports.
Use these processing options to identify the invoice type, the number of line items per invoice, an item category code, a specification code, and checked by and received by default address book numbers.
Specify which type of invoice to print. Values are:
Blank: Print only the Golden Tax interface file.
1: Generate a standard invoice only.
2: Generate a Golden Tax interface file and a standard invoice.
Specify how many line items print on one GUI invoice. The default values creates one invoice for each sales order line.
Specify which field name in the Item Category Codes (F4101C) table the system uses for item classification in the Golden Tax interface file. Values are:
SRP6 (default)
SRP7
SRP8
SRP9
SRP0
PRP6
PRP7
PRP8
PRP9
PRP0
Specify the default item category value for line items on the Golden Tax detail record. The system uses the value that you enter when the item category code field is blank in the item branch/plant master.
Enter the default item specification for line items on the Golden Tax detail record. The system uses the values that you enter when the second item description field (DSC2) is blank on the sales order.
Enter a number that identifies an entry in the JD Edwards EnterpriseOne Address Book system, such as employee, applicant, participant, customer, supplier, tenant, or location.
Enter a number that identifies an entry in the JD Edwards EnterpriseOne Address Book system, such as employee, applicant, participant, customer, supplier, tenant, or location.
This section provides an overview of the VAT on Free Goods Journal - China report and discusses how to:
Run the VAT on Free Goods Journal - China report.
Set processing options for VAT on Free Goods Journal - China.
The VAT on Free Goods Journal Creation program (R75C4203) calculates and reports liable VAT on free goods from sales orders, and creates corresponding journal entries.
The JD Edwards EnterpriseOne Sales Order Management system allows users to store sales information in the F4211 table or purge those detail records. When you purge table F4211, the system moves the records to the F42119 table. The VAT on Free Goods Journal report can calculate VAT on free goods by using either table F4211 or table F42119.
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Note: Journal entries are only created when you run the VAT on Free Goods Journal Creation report in final mode. The system uses the tax Automatic Accounting Instruction (AAI) (RTxxxx) to determine the credit account. The system uses the distribution AAI 4290 to determine the debit account. You can override these accounts by entering specific accounts in the processing options. |
Select VAT on Free Goods - China (G75C031), VAT on Free Goods Journal Creation.
Processing options enable you to specify the default processing for programs and reports.
Use these processing options to set up defaults.
Specify the GL date.
Specify which date the system uses as the GL date. Values are:
1: Use sales invoice date as GL date.
2: Use actual shipment date as GL date.
3: Use GL date created by sales update process as GL date.
4: Use system date as GL date.
Specify the journal entry document type. You must enter values that have been set up in user-defined code list (00/DT). If you leave this processing option blank, the default value is JE.
Use these processing options to specify how the system processes VAT on Free Goods.
Specify whether to run the report in proof or final mode. If you select proof mode, the system creates only the report (R75C4203). If you select final mode, the system creates the report (R75C4203) and also writes records to the F75C4203 table. Values are:
Blank: Proof mode
1: Final mode
Specify whether the system summarizes the journal entries by company. Values are:
1: Summarizes.
Blank: Does not summarize.
Specify the credit account. If you leave this processing option blank, the system retrieves the credit account from the RT or RTyyyy tax AAI.
Specify the debit account. If you leave this processing option blank, the system retrieves the debit account from DMAAI 4290.
Specify the version that the system uses for the Journal Entry Master Business Function processing options (P0900049).
Specify which version is used for the GL Master Business Function processing options (P0900049). If you leave this processing option blank, the system uses the default version (ZJDE0001).