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 Golden Tax China

 

Technical Data

Technical Name of Business Function

CRM_LOC_CN_1

Type of Business Function

Enterprise Business Function

Available From

SAP enhancement package 2 SP07 for SAP CRM 7.0

Technical Usage

CRM Localization

Application Component

CRM-LOC

You can use this business function to meet the requirements of VAT invoicing in China, according to which only those VAT invoices are valid that have a VAT invoice number (Golden Tax number) issued by the government-owned Golden Tax System (GTS). This functionality enables you to generate VAT invoices that have GT numbers issued by GTS. For more information, refer the Features section below.

Integration

Prerequisites

  • You have installed the following components as of the version mentioned:

    Type of Component

    Component

    Required for the Following Features Only

    Software Component

    BBPCRM702

    Not Relevant

Features

This business function covers the following features:

  • Creation of Golden Tax Documents from VAT Invoice

    When a VAT invoice is created, the system checks whether it contains multiple tax rates and whether its net amount is greater than the maximum VAT invoice amount specified for that billing type by the tax law. If these conditions are true, the system splits the invoice into Golden Tax (GT) documents so that each document contains items having the same tax rate and its net amount does not exceed the maximum VAT invoice amount.

  • Creation of Golden Tax Documents from VAT Invoice

    When a VAT invoice is created, the system checks whether it contains multiple tax rates and whether its net amount is greater than the maximum VAT invoice amount specified for that billing type by the tax law. If these conditions are true, the system splits the invoice into Golden Tax (GT) documents so that each document contains items having the same tax rate and its net amount does not exceed the maximum VAT invoice amount.

  • Download of Golden Tax Documents

    From the CRM web portal, you can save the details of selected GT documents to a text file, which can then be sent to GTS.

  • Upload of Golden Tax Numbers

    When GTS sends back a text file with GT numbers, you can update the corresponding GT documents by uploading the file to the CRM system from the web portal.

  • Cancellation of Golden Tax Documents

    You can cancel a GT document before or after a GT number is issued for it. This can be done either at the invoice level in the CRM system, or on the CRM web portal, or by GTS.

To support the above features, the following configurations are now available for China:

  • Specify the maximum VAT invoice amount for billing types that are relevant for Golden Tax

  • Specify tax catalog codes for your company’s VAT rates

For more information about the above mentioned settings, refer to the system documentation of the Customizing activities in the following path for SAP Customer Relationship Management:

Start of the navigation path Billing Next navigation step Country-Specific Functions Next navigation step China End of the navigation path.