Guidelines for Generating China VAT Transactions

Note:

This feature requires the China Localization SuiteApp

The VAT Transactions have set rules to follow, and NetSuite China Localization will automatically apply these when generating your VAT transactions:

There is an eight-line limit for each invoice. If Sales List is not enabled, the transactions will be split across two vouchers. For more information, see Using Sales Lists in China VAT Invoices.
VAT Invoices will be split if the amount exceeds the China Max VAT Invoice Amount that is defined in the subsidiary. See Setting the China Max VAT Invoice Amount
When issuing Special VAT Invoices, a bank account defined for the customer is required. This can be defined in the Customer Entity record in the China VAT subtab. See Setting Up China Bank Account Name.
Discounts are counted and printed as a separate line in Golden Tax.
Shipping and Handling costs are displayed on a separate line.

There is a data governance limit in generating VAT transactions. These are:

The Generate China VAT Transactions page has a maximum of 10000 lines or 200 invoices, whichever comes first.
There is an export time out of 20 minutes after clicking Refresh.
There is a limit of 50 invoices per file in importing VAT Invoices from the China Golden Tax system. For more information, see Importing VAT Transactions from the China Golden Tax System.