Override VAT Invoice Type
This feature requires the China Localization SuiteApp
Overview
The VAT Invoice Type is automatically selected by NetSuite depending on the Taxpayer Type defined in the customer record. But this option can be changed while creating the following transactions:
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Invoice
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Credit Memos
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Refunding a Cash Sale
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Entering a Cash Sale
For more information about China VAT Taxpayer Types, see Setting China VAT Taxpayer Types. The following rules apply when selecting a VAT Invoice Type:
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If the customer is set as General Taxpayer, default value is Special VAT Invoice.
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If the customer is set as Small-Scale Taxpayer, default and only allowed value is Common VAT Invoice.
Override VAT Invoice Type While Creating a Transaction
The following details the steps to override this field while creating a transaction.
To Override VAT Invoice Type when creating a transaction
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Create a transaction.
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For invoices, go to Transactions > Sales > Create Invoice.
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For credit memos, go to Transactions > Customers > Issue Credit Memos.
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For refunding cash sales, go to Transactions > Customers > Refund Cash Sales.
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For cash sales, go to Transactions > Sales > Enter Cash Sales.
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Complete the form as needed.
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For invoices, see Creating an Invoice.
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For credit memos, see Issuing a Customer Credit Memo.
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For refunding cash sales, see Refunding a Cash Sale.
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For cash sales, see Entering a Cash Sale.
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In the China VAT subtab, select an option in the VAT Invoice Type field.
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Special VAT Invoice - This sets the transaction as a Special VAT Invoice when generating VAT Invoices.
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Common VAT Invoice - This sets the transaction as a Common VAT Invoice when generating VAT Invoices.
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Click Save.