Setting Up China Localization

China Localization in NetSuite is provided through the China Localization SuiteApp. China Localization provides the feature capabilities specific to Chinese business setting and requirements. This includes accounting vouchers, localized financial reports, localized VAT invoices, and localized transaction and entity fields. For more information, see Installing China Localization.

Note:

China Localization supports both accounts with SuiteTax and accounts without SuiteTax. For accounts with SuiteTax, you can install China Localization SuiteApp before or after installing SuiteTax Engine. For more information, see Installing China Localization In Accounts With Suitetax.

Installing the China Localization SuiteApp will automatically provision your NetSuite Account with the following:

• A new custom role named China Accountant. This custom role has full permissions to all China Localization features. You should customize or create new roles based on the China Accountant custom role. To customize this role, See Changing Custom Roles.

• China Cash Flow Statement Report template. See China Cash Flow Statement Report

• China Balance Sheet Report templates. See China Balance Sheet Report

• Configurable China Income Statement Report templates. See China Income Statement Report

The following features are available for China Localization:

• Generating China VAT Invoices.

• VAT transaction data flatfile export and import function for use with the Golden Tax System.

• Viewing and Printing China Accounting Vouchers.

• China Balance Sheet Report.

• Cash Flow Statement Report.

• China Income Statement Report.

• Golden Tax System Integration API

You will need to configure the following before using all of the China Localization features:

• Set your General Company Preferences. See Setting Up General Company Preferences.

• Configure your custom transaction forms. See Setting Up Custom Transaction Forms for China.

• Define your chart of accounts. See Setting up China Cash Flow Item for Chart of Accounts.

• Define the China Max VAT Invoice Amount for the company or subsidiary. See Setting the China Max VAT Invoice Amount.

• Define Item Models in your inventory. See Setting Up China Item Models for Inventory Items.

• Define China Cash Flow Item in your Item Records. See Setting Up China Cash Flow Item for Inventory Items.

• Define China Cash Flow Item in your chart of accounts. See Setting up China Cash Flow Item for Chart of Accounts.

• Define the Default Cash Inflow Item and the Default Cash Outflow Item fields in your subsidiary. See Setting Up China Cash Flow Item for Subsidiary.

• Define Taxpayer Types for customers, leads, and prospects. See Setting China VAT Taxpayer Types.

• Define China Bank Account Name for customers. See Setting Up China Bank Account Name.

• Customize roles for accessing the China Localization features. See Roles and Permissions in China Localization.

• Enable or disable China Localization features. See Enabling or Disabling China Localization Features.

• (Optional) Enable and set up Golden Tax System integration. See Enabling and Configuring China Golden Tax System Integration.

• Customize the China Balance Sheet Report. See Customizing the China Balance Sheet Report.

• Customize the China Income Statement Report. See Customizing China Income Statement Report.

Related Topics

• China Help Topics
• China Terminology
• Override VAT Invoice Type
• Override China Cash Flow Item
• Processing Red-Letter Invoices
• Generating China Voucher Printing Report
• Generating China VAT Transactions
• Importing VAT Transactions from the China Golden Tax System
• Financial Reports for China

General Notices