FICO Localization Issues in China-Emily Man.pdf

Localization Issues In China FI/CO Localization I ssues in China Legal Requirements BOOKING PRINTING OF DOCUMENTS Booking of Documents 1. Posting voucher in Chinese 2. Text in voucher must have one in Chinese(item text is Chinese) 3. Account code is consistent with the standard issued by department of the treasure 4. Account description must have one in Chinese 5. The system must have operation menu in Chinese External Reports Legally Required ? Balance Sheet Reports ? Profit Loss Statement ? Cash Flow Statement ? VAT Reports (depends on if Golden Tax System is not used) ? Foreign Currency Statement Reports based on Customer Requirement ? Inventory Statement ? Fixed Asset Depreciation Report B k A t B l R t? an ccoun s a ance epor ? Monthly Pay-in Pay-out Report ………. Legal Requirements GOLDEN TAX SYSTEM Golden Tax System SAP Solution for Golden Tax System ---- SAP China has in-house development for interface between ECC 6.0 and Golden Tax System. (Additional program) SAP Billing information ECC 6.0 Billing in ECC 6.0 Golden Tax System VAT Invoice printing (with 16-bit character string as ECC 6.0 ? Golden Tax System GTS information cryptogram)Billing Data (Customer, VAT registration No., billing date, invoice amount…… Golden Tax System ? ECC 6.0 VAT invoice number, data export status Golden Tax System f f fBene it o the inter ace solution: ? Reduce re-input of VAT invoice number workload, improve productivity and lessen inaccuracy; ? Ensure SAP billing pass relevant invoice data to Golden Tax System and have data printed out on VAT invoice; ? Ensure VAT invoice number be passed to and stored in ECC 6.0; ? Satisfy national tax bureau’s requirements for VAT invoice management and tax report . Major tasks for Golden Tax System Interface covering: ? Interface program installation; ? Integration testing; ? Re-compiling on actual Golden Tax System version at customer site (MSDOS WINDOWS version); ? Modification if necessary. Esti