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 lets you merge several transactions into one China VAT invoice. This provides flexibility when issuing VAT invoices.
You can merge transactions in the following cases:
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Positive transactions with invoices and cash sales.
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Negative transactions including credit memos and cash refunds,only if they have the same Information Sheet Number. See Processing Red-Letter Invoices for details.
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Positive and negative transactions, only if the Group Same Items is checked.
Merge China VAT Transactions
Follow these steps to merge China VAT Transactions.
To Merge China VAT Transactions:
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Go to the Generate China VAT Transactions page. For more information, 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 into a single line:
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Transactions with the same item.
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Transactions with the same price and discount.
The Group Same Items must be checked when merging the following:
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Negative and positive transactions.
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Single transaction with multiples of the same items in the lines.
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Click Save.
NetSuite validates transactions after saving. Merged invoices are assigned an internal ID prefixed with CON—. Click the internal ID of a merged transaction to open a pop up page containing links to the original transactions.
If there are issues when merging transactions, NetSuite shows an error message with details and steps to resolve them.