How You Review Discrepancies in Golden Tax Transactions

Use the Golden Tax Discrepancy Report for China to review discrepancies in your Golden Tax Adaptor data.

The Golden Tax Adaptor uses and maintains three types of data:

• Receivables transactions.

• Golden Tax transactions created during the transfer process.

• Completed VAT invoices imported from the VAT invoicing software.

The data in all three of these records must match. You must identify and correct any discrepancies in the data in these three records. VAT invoices are legal documents and the data in the original receivables transactions, especially VAT calculations, should match the data in the VAT invoicing software.

This data may contain discrepancies for one or more of these reasons:

• Original receivables transactions were modified after transfer to the Golden Tax Adaptor.

• Data in the Golden Tax Adaptor was modified before export to the VAT invoicing software.

• Data was modified in the VAT invoicing software before the VAT invoices were generated.

• VAT calculations in the VAT invoicing software may differ from the Golden Tax Adaptor and may contain small rounding errors.

• Data was modified manually in the flat files exported from the Golden Tax Adaptor or the VAT invoicing software.

The report displays in separate columns the values from the receivables transactions, the Golden Tax Adaptor, and the VAT invoicing software. For consolidated transactions with discrepancies, the report separately displays the values for the original receivables transactions, the consolidated Golden Tax Adaptor transaction, and the VAT invoice created in the VAT invoicing software.