BASIC REPORT LAYOUTS IN NETSUITE FOR BALANCE SHEETS, PROFIT & LOSS AND CASH FLOW REPORTS DO NOT COMPLY WITH ACCEPTED FINANCIAL REPORTING PRACTICES IN CHINA SO STANDARD REPORTING TEMPLATE LAYOUTS MUST BE CUSTOMIZED TO MEET LOCAL STANDARDS.
THE WAY PURCHASE PRICES ARE DISPLAYED ALSO REQUIRES CUSTOMIZATION, CHINESE ACCOUNTING PRACTICES REQUIRE PRICES TO INCLUDE TAX, WHEREAS NETSUITE DISPLAYS THE TAX AND NET AMOUNT FOR A PURCHASE PRICE SEPARATELY BY DEFAULT.



























