QAD 2017 Enterprise Edition > User Guides > Global Tax Management > Implementing GTM > Implementing China Golden Tax
  
Implementing China Golden Tax
The Golden Tax system is a legal information system in China for processing value added tax (VAT) invoices of different types. The system is established by the Chinese government to prevent tax fraud.
When a company doing business in China needs to send VAT invoices to customers, they must first obtain preprinted blank invoices from Chinese tax bureaus. A unique VAT invoice number appears on each blank invoice to identify its legality.
The Golden Tax system provides an application program that prints accepted invoice information such as the customer, invoice items, and price on the blank VAT invoice. The program also uploads the invoice amount associated with a unique invoice number to the country-wide Golden Tax system database used by Chinese government authorities for tax regulation.
It is legally forbidden to manually write on a blank VAT invoice or to print the invoice outside of the Golden Tax system.
To support these requirements, the Golden Tax Invoice Process menu (7.13.20.1) provides functions that let you export invoice information from your QAD database into a file. This file is then imported into the Golden Tax system for invoice print. After invoices are printed, printed data is loaded back into your QAD database.