Entering the Natural Account Information

Access the Add/Update China Chart of Accounts form.

Natural Account Number

Enter the natural account number.

This is the standard account number used by the Chinese industry.

Natural Account Description

Enter the description of your natural account.

Operation - Credit or Debit

Enter a value from UDC table 75C/OP to specify if you are debiting or crediting the given item from the total. Values are:

+: Debit

−: Credit

Account Type

Enter the account type for China localization. Examples are:

• Asset

• Liability

• Cost

• Owner's equity

• Profit and loss

Account Level

The system calculates the account level.

For example, if the account number is 11101111 and the accounting structure is 4,2,2,1, the account level is three.

Currency

Enter the code that identifies the currency of a natural account.