Transfer Receivables Invoices to Golden Tax Adaptor Tables
Transfer Transactions to Golden Tax Adaptor for China process transfers the receivables invoices, debit memos, and credit memos that are in complete status to the Golden Tax Adaptor.
You can set up transfer rules that identify specific invoices so that only the desired invoices are transferred. Transfer rules eliminate the need to specify different parameters each time you submit the transfer process.
The Transfer Transactions to Golden Tax Adaptor for China process:
- Identifies the receivables invoices, debit memos, and credit memos that are at complete status based on the transfer rules for the current operating unit.
- Invoice Type: The available invoice types are Special VAT Invoice, Common VAT
Invoice.
oThe Customer Tax Registration Number, Address, Phone Number and Bank Account are optional fields for Common VAT Invoice but required fields for Special VAT Invoice. - Examines invoice-splitting limits and criteria, and splits receivables invoices
into multiple child Golden Tax Adaptor invoices, accordingly. The program
creates one VAT invoice for each Golden Tax Adaptor invoice. The criteria for
invoice splitting are as follows:
- Tax Registration Number: This value refers to the tax registration number of the legal reporting unit that is creating the invoice. When a single receivables invoice has invoice lines pertaining to different tax registration numbers, then it is split into multiple child invoices in the Adaptor so that one child invoice pertains to a single tax registration number. One VAT invoice cannot be issued for more than one tax registration number.
- Tax Rate: A single VAT invoice cannot have more than one tax rate. Therefore, if different invoice lines of a receivables invoice have different tax rates, then it is split into multiple child invoices in the Adaptor so that one child invoice only has lines belonging to the same tax rate.
- Maximum Amount Limit: This value is specified for each combination of tax registration number and invoice type in the System Options page. If this amount limit is exceeded, then the receivables invoice is split into multiple child invoices in the Adaptor.
- Maximum Memo Lines Limit: This value is specified for each combination of tax registration number and invoice type in the System Options page. If this limit is exceeded, then the receivables invoice is split
into multiple child invoices in the Adaptor. However, if the transfer rule indicates that sales list is applicable, then this limit is ignored, and the receivables invoices are not split according to this limit.
- Splitting Hierarchy: The application enforces the splitting criteria
described previously as follows:
- The receivables invoice is split by tax registration number.
- For each tax registration number, the lines are further split by tax code.
- Lines are further split based on the limits for maximum amount and
maximum memo lines. If sales list is applicable, then the maximum memo
lines limit is not applied and only the maximum amount limit is
applied:
- Item Model and Tax Denomination: For receivables transactions that are transferred to the Golden Tax Adaptor, transfers Item Model and Tax Denomination values for each line to the Adaptor. These values can be defined in the item descriptive flexfield when you create the master items or in the transaction line field when you create receivables transactions. The program first looks at the receivables transaction line fields. If no values are available, then it refers to the inventory item flexfield for that item.
- Item Description: Retrieves the item description from the appropriate cross-reference type rather than from the item master when item cross-reference functionality is used.
To transfer AR transactions to the Golden Tax Adaptor, follow these steps: