Using Chinese Accounting Periods
Note:
This feature requires the China Localization SuiteApp.
NetSuite provides Calendar Months as the predefined accounting period that meets local requirements or common business practices. This option divides the year into twelve calendar sub-periods.
NetSuite also lets you set up one or 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