China Terminology

The following table defines the terms used in NetSuite to support China-specific business processes and SuiteApps:

Term	Definition
China Cash Flow Item 中国现金流量表项	The values used in Accounts Payable and Accounts Receivable transactions.
China Cash Flow Statement Report 中国现金流量表	The China Cash Flow Statement Report shows activities affecting a company’s cash balance during a selected period.
General Taxpayers 增值税一般纳税人	These entities issue both Special VAT Invoices 增值税专业发票 and Common VAT Invoices 增值税普通发票.
Golden Tax System 金税系统	In China, the Golden Tax System is the only mandated system by the government to issue VAT invoices.
Red-Letter Invoice 红字发票	In China, Red-Letter Invoices are issued for returns and refunds.
Small-Scale Taxpayer 增值税小规模纳税人	These entities issue Common VAT Invoices.

Related Topics

China Help Topics

Setting Up China Localization

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