Using Chinese Accounting Periods

Note:

This feature requires the China Localization SuiteApp

NetSuite provides Calendar Months as the pre-defined accounting period that meets local requirements or common business practices. This option divides the year into twelve calendar sub-periods.

NetSuite also allows configuring additional one to two extra periods for recording adjustments, beginning, and ending balances.

For more information about setting up accounting periods, see Accounting Period Setup.

Related Topics

China Terminology
Setting Up China Localization
Known Limitations of NetSuite China Localization
Using Chinese Accounting Periods
Setting up China Cash Flow Item for Chart of Accounts
Setting Up China Cash Flow Item for Inventory Items
Setting the China Max VAT Invoice Amount
Setting Up China Item Models for Inventory Items
Setting Up China Bank Account Name
Setting China VAT Taxpayer Types
Customizing Creator, Poster, and Approver in China Voucher Printing Report

General Notices