Merging China VAT Transactions
This feature requires the China Localization SuiteApp
The following topics describe the features and steps to merge China VAT Transactions.
Overview
NetSuite China Localization enables you to merge several transactions into one China VAT invoice. This provides flexibility in issuing VAT invoices.
The following are the supported cases for merging transactions:
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Positive transactions with invoices and cash sales.
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Negative transactions including credit memos and cash refunds. This requires that the transactions to have the same Information Sheet Number. See Processing Red-Letter Invoices for details.
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Positive transactions and negative transactions. Note that the Group Same Items box is now required to be checked.
Merge China VAT Transactions
The following describes the steps to merge China VAT Transactions
To Merge China VAT Transactions:
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Navigate to the Generate China VAT Transactions Page. See Generating China VAT Transactions
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Filter and refresh the Generate China VAT Transactions page.
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Click Merge.
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In the Select column, check the box of the transaction to merge.
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(Optional) Check the Group Same Items box to combine the following:
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Transactions with the same item.
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Transactions with the same price and discount.
These transactions or items will be grouped into one line. Note that the Group Same Items field is required when merging the following:
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Negative transactions with positive transactions.
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Single transaction with multiples of the same items in the lines.
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Click Save.
NetSuite will validate transactions once saved. The merged invoices will have an internal ID prefixed with CON—. Clicking the internal ID of merged transactions will open a pop up page. This pop-up page contains links that goes back to the original transactions.
For any error that happens when merging transactions, there will be error messages that will detail the issue and the steps to resolve them.