Financial management system, management method, electronic equipment and storage medium

Abstract

The invention belongs to the technical field of financial processing, and particularly relates to a financial management system, a management method, electronic equipment and a storage medium, which are used for determining financial targets of an enterprise in a specified period, compiling detailed financial budget according to strategic planning of the enterprise, predicting fund demands in future specified time, and improving the financial management efficiency. The enterprise is ensured to have enough fund support in the operation process; accounting software or a financial management system is used for automatic processing, the accuracy and timeliness of data are ensured, the compliance and traceability of financial data are ensured, accounts are checked regularly, and account-real conformity is ensured; it is ensured that an enterprise has enough flow funds in daily operation, the funds are reasonably dispatched according to the fund requirements of the enterprise, the flowability of the funds is ensured, and financial risks are identified and managed; through financial analysis and evaluation, investment decisions of enterprises are supported, and according to fund requirements and capital structures of the enterprises, the method has the effects of realizing data interconnection and sharing and meeting complication and diversified financial management requirements of the enterprises.

Description

Technical Field

[0001] This invention relates to the technical field of financial processing, specifically to a financial management system, management method, electronic device, and storage medium. Background Technology

[0002] In recent years, with the rapid development of e-commerce and internet technology, and the continuous expansion of enterprise scale, financial management has faced the need for greater efficiency, accuracy, and security. Traditional financial management methods often rely on paper records and manual processing, resulting in low efficiency, high costs, and high error rates.

[0003] To address these issues, people have begun exploring more advanced financial management technologies. Existing financial management systems primarily focus on implementing functional modules, such as accounting software, budgeting software, and asset management software. However, these systems often lack interoperability, making data sharing difficult, and their limited functionality fails to meet the complex and diverse financial management needs of enterprises.

[0004] To address the aforementioned technical deficiencies, a solution is proposed that includes a financial management system, management method, electronic equipment, and storage medium. Summary of the Invention

[0005] To address the above problems, the present invention provides the following technical solution:

[0006] A financial management method, comprising:

[0007] Step 1: Define the company's financial objectives for the specified period, prepare a detailed financial budget based on the company's strategic plan, and forecast the company's funding needs for the specified period based on the company's business plan to ensure that the company has sufficient funds to support its operations.

[0008] Step Two: Record the company's daily financial activities, use accounting software or financial management system for automated processing, ensure the accuracy and timeliness of the data, generate corresponding vouchers for each financial transaction, ensure the compliance and traceability of financial data, and regularly check accounts to ensure that the accounts match the actual situation;

[0009] Step 3: Prepare financial statements regularly, assess the company's financial health and operational efficiency by calculating and analyzing financial ratios, identify financial trends by analyzing historical financial data, and predict future financial performance.

[0010] Step 4: Calculate all costs of the enterprise, analyze the cost composition and the reasons for its changes, identify key points for cost control, and through cost analysis, find ways to reduce costs and formulate and implement cost control measures.

[0011] Step 5: Monitor the company's cash flow to ensure that the company has sufficient working capital in its daily operations, allocate funds reasonably according to the company's capital needs, ensure liquidity, and identify and manage financial risks;

[0012] Step Six: Through financial analysis and evaluation, support the company's investment decisions, select appropriate financing methods based on the company's funding needs and capital structure, and formulate a reasonable profit distribution plan based on the company's financial situation and shareholder needs.

[0013] Furthermore, in step one, based on the company's strategic goals and market expectations, a net profit target is set for a certain period to measure the company's profitability, ensure sufficient cash inflow to meet daily operations and investment needs, set cost reduction targets to improve the company's cost efficiency, and set expected revenue levels based on sales forecasts and market trends. This typically includes the sales volume and price of products or services, planning long-term investments including the purchase of fixed assets, R&D projects, or expansion plans, and integrating all budgets into a comprehensive financial plan to ensure that all activities are coordinated.

[0014] Furthermore, in step two, the company's accounting standards are determined, accounting rules, depreciation methods, and revenue recognition standards are formulated, an accounting subject system suitable for the company is designed, the uniqueness of subject codes and names is ensured, approval processes, authorization mechanisms, and separation of duties are established to ensure the authenticity and security of financial data, system parameters are configured, basic data is imported, and all original vouchers related to financial transactions are collected, including invoices, receipts, bank statements, and payrolls, to ensure the legality and completeness of the vouchers, verify the authenticity of the vouchers, the accuracy of the amounts, and the completeness of the approval procedures, and the data in the original vouchers is entered into the accounting system and classified into the corresponding accounting subjects according to the nature of the transactions.

[0015] Furthermore, in step three, the company's strategic goals and financial situation are analyzed, specific cost control targets are formulated, the targets are broken down into departments or projects, cost data is collected, appropriate cost accounting methods are selected, cost reports are prepared, and cost structure is analyzed.

[0016] Cost data is collected and a database is established. The existing data in the database is analyzed and predicted. A predictive model is then used to analyze the company's future financial situation. The calculation formula is as follows:

[0017] X t =α+βt+φX t-1 +ε t ,

[0018] Among them, X t For the current cost, X t-1 ε represents the cost of the previous time period. tLet α, β, and φ be random errors, and α, β, and φ be model parameters.

[0019] Anomaly analysis is performed on the data in the database to remove outlier data. The calculation formula is as follows:

[0020]

[0021] Where d(x,y) is the outlier distance of the outlier data, x i For the current data point, y i This is the centroid of the database.

[0022] Furthermore, step five involves recording the company's cash inflows and outflows over a certain period, understanding the company's cash position, analyzing the sources and uses of cash flow, the cash inflows and outflows generated by the main business, establishing cash reserves to cope with emergencies and short-term funding needs, determining an appropriate level of cash reserves to avoid idle funds, conducting credit assessments and monitoring of the company, setting reasonable credit limits, tracking the financial status of debtors, establishing a strict internal control system, and conducting regular risk assessments and audits.

[0023] Furthermore, in step six, financial data over several years is analyzed to identify trends. The company's financial indicators are compared with the industry average to determine the project's cash flow for each year. An appropriate discount rate is selected, and the present value of the cash flow for each year is calculated. Based on the analysis of the company's data, the calculation formula is as follows:

[0024]

[0025] Where NPV is the net present value of the firm, and C t Let C0 be the cash inflow in period t, and C0 be the initial investment.

[0026] The weighted average cost of all capital sources for a company, based on its data analysis, is calculated using the following formula:

[0027] WACC=ω d ×γ d ×(1-t)+ω e ×γ e ,

[0028] Where, ω d The weight of debt in the capital structure, where t is the tax rate.

[0029] According to another aspect of the present invention, a financial management system is provided, comprising:

[0030] The general ledger module records and manages all financial transactions of the enterprise, including revenue, expenses, assets, liabilities and owner's equity, generates financial statements, and provides an overview of the enterprise's overall financial situation.

[0031] The fixed asset management module records and manages the company's fixed assets, including asset procurement, depreciation, and disposal, ensuring accurate accounting of asset value, optimizing asset utilization efficiency, and supporting multiple depreciation methods, asset inventory, and asset scrapping.

[0032] The cost management module calculates and analyzes a company's costs, including production costs, operating costs, and project costs, helping companies control costs, improve profitability, and support cost allocation, cost variance analysis, and comparison of standard costs with actual costs.

[0033] The budget management module is used to develop, execute, and monitor the company's financial budget, including revenue budget, expenditure budget, and capital budget, to ensure the rational allocation of corporate resources, support the achievement of strategic goals, and support multi-dimensional budget preparation, budget-actual comparison analysis, and budget adjustment.

[0034] The cash management module monitors and manages a company's cash flow, including cash inflows, outflows, and balance forecasts, ensuring that the company has sufficient working capital and avoiding cash shortages or idle funds. It also supports bank reconciliation, cash flow forecasting, and fund allocation.

[0035] The financial reporting and analysis module generates standardized financial statements and provides financial analysis tools to support management decision-making, help companies identify financial risks and opportunities, and supports custom reports, financial ratio analysis, trend analysis, and dashboard displays.

[0036] Furthermore, the aforementioned financial management system also includes managing the company's tax affairs, including tax calculation, declaration, and payment, ensuring the company's compliance with tax regulations, optimizing the tax burden, supporting multi-tax management, automatic tax calculation, and tax compliance checks; managing employee salaries, bonuses, allowances, social security, and housing provident fund, ensuring accurate calculation and timely payment of employee compensation; tracking and managing project financial data, including project costs, revenue, and profit, ensuring project financial transparency, supporting project decision-making, supporting internal and external audits, ensuring the accuracy and compliance of financial data, reducing financial risks, ensuring the company's compliance with relevant regulations, and integrating with other business systems to achieve data sharing and process automation, thereby improving the efficiency and consistency of financial management.

[0037] According to another aspect of the present invention, a computer device is provided, including a memory and a processor, the memory storing a computer program, the processor executing the computer program to implement the steps of the financial management method described above.

[0038] According to another aspect of the present invention, a computer-readable storage medium is provided having a computer program stored thereon, which, when executed by a processor, implements the steps of the financial management method described above.

[0039] Compared with the prior art, the beneficial effects of the present invention are:

[0040] This invention discloses a financial management system, management method, electronic device, and storage medium. By clearly defining the enterprise's financial objectives within a specified period, preparing detailed financial budgets based on the enterprise's strategic plan, and predicting future funding needs within a specified timeframe, it ensures sufficient financial support for the enterprise's operations. Automated processing using accounting software or a financial management system ensures data accuracy and timeliness, compliance and traceability of financial data, and regular account reconciliation to ensure consistency between accounts and actual assets. It ensures sufficient working capital for daily operations, rationally allocates funds according to the enterprise's funding needs, ensures liquidity, and identifies and manages financial risks. Through financial analysis and evaluation, it supports the enterprise's investment decisions and, based on the enterprise's funding needs and capital structure, achieves data interconnection and sharing to meet the complex and diverse financial management needs of enterprises. Attached Figure Description

[0041] To facilitate understanding by those skilled in the art, the present invention will be further described below with reference to the accompanying drawings;

[0042] Figure 1 This is a schematic diagram of the overall process of a financial management method according to the present invention;

[0043] Figure 2 This is a schematic diagram of the framework of a financial management system according to the present invention;

[0044] Figure 3 This is a schematic diagram of the computer equipment used in a financial management method according to the present invention. Detailed Implementation

[0045] The technical solutions of the embodiments of the present invention will be clearly and completely described below with reference to the accompanying drawings. Obviously, the described embodiments are only some embodiments of the present invention, and not all embodiments. Based on the embodiments of the present invention, all other embodiments obtained by those skilled in the art without creative effort are within the scope of protection of the present invention.

[0046] like Figures 1-3 As shown, this application provides a financial management method, including:

[0047] S1: Define the company's financial objectives for the specified period, prepare a detailed financial budget based on the company's strategic plan, and predict the company's funding needs for the specified period based on the company's business plan to ensure that the company has sufficient funds to support its operations.

[0048] S2: Record the company's daily financial activities, use accounting software or financial management system for automated processing, ensure the accuracy and timeliness of data, generate corresponding vouchers for each financial transaction, ensure the compliance and traceability of financial data, and regularly check accounts to ensure that accounts match reality.

[0049] S3: Prepare financial statements regularly, assess the company's financial health and operational efficiency by calculating and analyzing financial ratios, identify financial trends by analyzing historical financial data, and predict future financial performance.

[0050] S4: Calculate all costs of the enterprise, analyze the cost composition and the reasons for its changes, identify key points of cost control, and through cost analysis, find ways to reduce costs and formulate and implement cost control measures.

[0051] S5: Monitor the company's cash flow to ensure that the company has sufficient working capital in its daily operations, allocate funds reasonably according to the company's capital needs, ensure the liquidity of funds, and identify and manage financial risks;

[0052] S6: Through financial analysis and evaluation, support the company's investment decisions, select appropriate financing methods based on the company's funding needs and capital structure, and formulate reasonable profit distribution plans based on the company's financial situation and shareholder needs.

[0053] In one embodiment, a sound internal control system is established to ensure the standardization and compliance of financial management. This includes access control, approval processes, and financial approval procedures.

[0054] Internal audit: Conduct regular internal audits to examine problems and loopholes in financial management and ensure the authenticity and completeness of financial data.

[0055] External audit: Engage an external audit firm to conduct an annual audit to ensure that the company’s financial statements comply with relevant laws and accounting standards.

[0056] Financial Reporting: Provide financial reports to management, shareholders, investors and other stakeholders on a regular basis. The reports should include the company’s financial position, operating results and cash flow status.

[0057] Feedback and Improvement: Based on financial reports and analysis results, promptly report any issues in financial management and take corresponding improvement measures. Continuously optimize financial management processes to enhance the company's overall financial management level.

[0058] Tax Filing: In accordance with the requirements of relevant laws and regulations, tax filing should be carried out on time to ensure that the company complies with tax regulations.

[0059] Tax planning: Reduce a company's tax burden through reasonable tax planning, such as taking advantage of tax incentives and rationally arranging business structure.

[0060] Compliance management: Ensure that the company's financial management complies with the requirements of relevant laws and regulations.

[0061] Performance evaluation: Regularly assess the effectiveness of financial management, measure the achievement of financial goals, and identify areas for improvement.

[0062] Process optimization: Based on the evaluation results, optimize the financial management process, such as simplifying the approval process and introducing automation tools, to improve the efficiency and accuracy of financial management.

[0063] Technological Upgrades: With technological advancements, companies can continuously upgrade their financial management systems and introduce more advanced financial management tools, such as big data and artificial intelligence, to enhance the intelligence level of financial management.

[0064] Financial management is a cyclical process encompassing planning, recording, analysis, control, and decision support. Through scientific and systematic financial management, businesses can better control costs, optimize capital utilization, and improve financial transparency, thereby supporting sustainable development.

[0065] Specifically, in step one, based on the company's strategic goals and market expectations, a net profit target is set for a certain period to measure the company's profitability and ensure sufficient cash inflow to meet daily operations and investment needs. Cost reduction targets are set to improve the company's cost efficiency, and expected revenue levels are set based on sales forecasts and market trends. This typically includes the sales volume and price of products or services, planning long-term investments including the purchase of fixed assets, R&D projects, or expansion plans, and integrating all budgets into a comprehensive financial plan to ensure consistency among all activities.

[0066] In one embodiment, a net profit target is set for a specific period based on the company's strategic goals and market expectations. This helps measure the company's profitability. It also ensures the company has sufficient cash inflow to meet daily operations and investment needs. Cash flow targets typically include cash flows from operating, investing, and financing activities. Cost reduction targets are set to improve the company's cost efficiency. This may involve controlling both direct and indirect costs. Other financially related targets include market share growth, new product development, and market expansion.

[0067] Based on sales forecasts and market trends, set expected revenue levels. This typically includes the sales volume and price of products or services. List all business expenses in detail, including fixed costs (such as rent and salaries) and variable costs (such as raw materials and marketing expenses). Plan for long-term investments, such as purchasing fixed assets, R&D projects, or expansion plans. This requires assessing the return on investment and the risks. Integrate all budgets into a comprehensive financial plan, ensuring that all activities are coordinated.

[0068] Based on cash flow forecasting, determine the working capital required for daily operations. This includes changes in accounts receivable, accounts payable, and inventory. Forecast the funds required for capital expenditure projects (such as purchasing equipment or constructing new plants). Based on funding needs, develop a financing plan, including internal financing (such as retained earnings) and external financing (such as bank loans, issuing bonds, or issuing stocks). Through these steps, companies can ensure that their financial activities are aligned with overall strategic objectives while effectively managing resources and risks.

[0069] Specifically, in step two, the company's accounting standards are determined, accounting rules, depreciation methods, and revenue recognition standards are formulated, an accounting subject system suitable for the company is designed to ensure the uniqueness of subject codes and names, approval processes, authorization mechanisms, and separation of duties are established to ensure the authenticity and security of financial data, system parameters are configured, basic data is imported, and all original vouchers related to financial transactions are collected, including invoices, receipts, bank statements, and payrolls, to ensure the legality and completeness of the vouchers, verify the authenticity of the vouchers, the accuracy of the amounts, and the completeness of the approval procedures, and the data in the original vouchers is entered into the accounting system and classified into the corresponding accounting subjects according to the nature of the transactions.

[0070] In one embodiment, the company's accounting standards are determined (such as Chinese Accounting Standards for Business Enterprises, International Financial Reporting Standards (IFRS), etc.). This includes establishing bookkeeping rules, depreciation methods, revenue recognition criteria, etc.

[0071] Prepare a chart of accounts:

[0072] Design an accounting subject system suitable for the enterprise (such as assets, liabilities, revenue, expenses, etc.).

[0073] Ensure the uniqueness of subject codes and names.

[0074] Establish an internal control system:

[0075] Establish approval processes, authorization mechanisms, and separation of responsibilities.

[0076] Ensure the authenticity and security of financial data.

[0077] Prepare accounting tools:

[0078] Choose suitable accounting software (such as UFIDA, Kingdee, SAP, etc.).

[0079] Configure system parameters and import basic data (such as exchange rates, tax rates, etc.).

[0080] Collect original vouchers:

[0081] Collect all original documents related to financial transactions, such as invoices, receipts, bank statements, pay slips, etc.

[0082] Ensure the legality and completeness of the credentials.

[0083] Verify the original vouchers:

[0084] Verify the authenticity of the vouchers, the accuracy of the amounts, and the completeness of the approval procedures.

[0085] Problems should be addressed or returned promptly.

[0086] Enter the data from the original vouchers into the accounting system.

[0087] Classify transactions according to their nature into the corresponding accounting categories (such as revenue, expenses, assets, liabilities, etc.).

[0088] Generate accounting entries

[0089] Each transaction is processed using the double-entry bookkeeping method (debit and credit bookkeeping).

[0090] Example:

[0091] Upon receipt of payment: Debit "Bank Deposits" and credit "Accounts Receivable".

[0092] Payment of expenses: Debit "Administrative Expenses" and credit "Bank Deposits".

[0093] Verify that the total amounts on the debit and credit sides are equal.

[0094] Generate subsidiary ledgers and general ledgers:

[0095] Detailed ledger: Records detailed transactions for each account (e.g., "Accounts Payable - Supplier A").

[0096] General Ledger: Summarizes the balances of all accounts (e.g., the total balance of "Accounts Payable").

[0097] Verify the consistency between the book records and the actual assets (such as bank reconciliation, inventory count, etc.).

[0098] When discrepancies are discovered, adjust the accounts promptly.

[0099] Prepare financial statements:

[0100] Balance Sheet: Reflects a company's financial position (assets, liabilities, and owner's equity).

[0101] Income statement: Reflects a company's operating results (revenue, costs, and profits).

[0102] Cash Flow Statement: Reflects a company's cash flow (cash flow from operating, investing, and financing activities).

[0103] Provide detailed explanations of the key items in the financial statements.

[0104] Provide supplementary information on accounting policies and significant matters.

[0105] Reconcile bank statements with the company's accounting records.

[0106] Adjust outstanding items (such as payments not received, payments not paid, etc.).

[0107] Accounts Payable and Accounts Receivable Reconciliation

[0108] Verify the accounts receivable against the customer's actual payment.

[0109] Verify accounts payable against the actual payments received from suppliers.

[0110] Reconcile the book inventory with the actual inventory quantity.

[0111] When discrepancies are found, inventory surplus or shortage should be handled accordingly.

[0112] Adjust accounting records based on reconciliation results.

[0113] Example:

[0114] Inventory shortage: Debit "Administrative Expenses - Inventory Shortage" and credit "Inventory Goods".

[0115] Inventory surplus: Debit "Inventory Goods" and credit "Non-operating Income".

[0116] Closing and forwarding: End the current accounting period and stop entering all transactions for the period. Ensure all accounting processing is complete. Transfer the balances of profit and loss accounts to the "Current Year Profit" account.

[0117] Example:

[0118] Debit "Main Business Revenue" and credit "Profit for the Year".

[0119] Debit "Profit for the Year" and credit "Cost of Goods Sold".

[0120] Carry forward this year's profit

[0121] Transfer the balance of the "Current Year Profit" account to "Retained Earnings".

[0122] Example:

[0123] Debit "Current Year Profit" and credit "Retained Earnings".

[0124] The internal audit department checks the accuracy and compliance of financial records.

[0125] When problems are identified, suggestions for improvement should be made.

[0126] Engage a third-party auditing firm to audit the financial statements.

[0127] Issue an audit report to confirm the fairness of the financial statements.

[0128] Prepare annual or quarterly financial reports and submit them to management, shareholders and regulatory agencies.

[0129] The report includes financial statements, notes, management discussion and analysis, etc.

[0130] Organize and archive original vouchers, accounting books, financial statements, etc.

[0131] Ensure the integrity and traceability of the records.

[0132] Back up electronic data to a secure storage device.

[0133] Regularly check the integrity of backups.

[0134] By following the steps above, businesses can achieve efficient financial recording and accounting, ensuring the accuracy and compliance of financial data and providing strong support for decision-making.

[0135] Specifically, in step three, the company's strategic goals and financial situation are analyzed, specific cost control targets are formulated, the targets are broken down into departments or projects, cost data is collected, appropriate cost accounting methods are selected, cost reports are prepared, and cost structure is analyzed.

[0136] Cost data is collected and a database is established. The existing data in the database is analyzed and predicted. A predictive model is then used to analyze the company's future financial situation. The calculation formula is as follows:

[0137] X t =α+βt+φX t-1 +ε t ,

[0138] Among them, X t For the current cost, X t-1 ε represents the cost of the previous time period. t Let α, β, and φ be random errors, and α, β, and φ be model parameters.

[0139] Anomaly analysis is performed on the data in the database to remove outlier data. The calculation formula is as follows:

[0140]

[0141] Where d(x,y) is the outlier distance of the outlier data, x i For the current data point, y i This is the centroid of the database.

[0142] In one embodiment, the cost target that the company hopes to achieve within a certain period is specified.

[0143] step:

[0144] Analyze the company's strategic goals and financial situation.

[0145] Set specific cost control targets (such as reducing operating costs by 10%).

[0146] Break down the goals into departments or projects.

[0147] Cost accounting:

[0148] step:

[0149] Collect cost data (such as raw material costs, labor costs, equipment depreciation, etc.).

[0150] Choose an appropriate cost accounting method (such as standard costing or activity-based costing).

[0151] Prepare cost reports and analyze cost structure.

[0152] Cost analysis:

[0153] step:

[0154] Compare actual costs with budgeted costs.

[0155] Use charts or data analysis tools (such as Excel or Tableau) to display cost trends.

[0156] Identify high-cost items or anomalies (such as material waste or inefficiency).

[0157] Cost optimization:

[0158] step:

[0159] Analyze cost drivers (such as labor efficiency and raw material utilization).

[0160] Propose optimization measures (such as introducing automated equipment and improving production processes).

[0161] Implement cost optimization measures and monitor their effectiveness.

[0162] Cost monitoring:

[0163] step:

[0164] Establish a cost monitoring system (such as an ERP system or BI tool).

[0165] Regularly generate cost reports and analyze deviations.

[0166] Provide early warnings and interventions for abnormal costs.

[0167] Cost feedback and adjustments:

[0168] step:

[0169] Evaluate the actual effectiveness of cost control.

[0170] Adjust cost targets or optimization measures based on feedback.

[0171] Continuously improve the cost control system.

[0172] In the goal setting phase, strategic planning tools (such as SWOT analysis and the Boston Consulting Group matrix) are used. Financial forecasting models (such as Monte Carlo simulations) are employed. Accounting software (such as Yonyou and Kingdee) is utilized. ERP systems (such as SAP and Oracle) are also employed. In the cost analysis phase, data analysis tools (such as Excel, Python, and R) are used. Visualization tools (such as Tableau and Power BI) are employed. ABC costing (activity-based costing) and Pareto analysis (the 80 / 20 rule) are also employed.

[0173] This optimization phase:

[0174] Process optimization tools (such as Lean Management and Six Sigma).

[0175] Supply chain management software (such as SCM systems).

[0176] method:

[0177] Value engineering (VE).

[0178] Cost-benefit analysis (CBA).

[0179] Cost monitoring phase:

[0180] tool:

[0181] Budget management software (such as budget preparation tools).

[0182] Real-time monitoring systems (such as factory MES systems).

[0183] Cost feedback phase:

[0184] tool:

[0185] Performance evaluation tools (such as KPI systems).

[0186] Data integration platform (such as enterprise-level data warehouse).

[0187] Corporate management needs to prioritize cost control and provide necessary resource support. Company-wide participation is crucial; cost control is not solely the responsibility of the finance department but requires the participation of all employees. Utilize data analytics and information technology to achieve refined management. Cost control is a dynamic process that requires continuous optimization and adjustment. Adjust cost control strategies based on market changes and the company's development stage.

[0188] Specific measures for cost control:

[0189] Control procurement costs and optimize supplier selection. Reduce procurement prices by adopting bulk purchasing or long-term contracts. Introduce a competitive bidding system (such as electronic bidding).

[0190] Production cost control: Improve production efficiency (e.g., automation, process optimization). Reduce waste (e.g., material waste, energy waste). Implement lean production.

[0191] Control operating costs by optimizing equipment maintenance strategies and reducing downtime. Reduce logistics costs (e.g., by optimizing transportation routes). Control administrative expenses (e.g., by reducing unnecessary expenditures).

[0192] Inventory cost control includes adopting JIT (Just-in-Time) production to reduce inventory backlog. Optimizing the inventory management system (e.g., ABC classification).

[0193] Control human resource costs and improve employee efficiency (e.g., through training and incentive mechanisms). Optimize organizational structure and reduce redundant positions.

[0194] Specifically, step five involves recording the company's cash inflows and outflows over a certain period, understanding the company's cash position, analyzing the sources and uses of cash flow, the cash inflows and outflows generated by the main business, establishing cash reserves to cope with emergencies and short-term funding needs, determining an appropriate level of cash reserves to avoid idle funds, conducting credit assessments and monitoring of the company, setting reasonable credit limits, tracking the financial status of debtors, establishing a strict internal control system, and conducting regular risk assessments and audits.

[0195] Specifically, in step six, financial data over several years is analyzed to identify trends. The company's financial indicators are compared with the industry average to determine the project's cash flow for each year. An appropriate discount rate is selected, and the present value of the cash flow for each year is calculated. Based on the analysis of the company's data, the calculation formula is as follows:

[0196]

[0197] Where NPV is the net present value of the firm, and Ct Let C0 be the cash inflow in period t, and C0 be the initial investment.

[0198] The weighted average cost of all capital sources for a company, based on its data analysis, is calculated using the following formula:

[0199] WACC=ω d ×γ d ×(1-t)+ω e ×γ e ,

[0200] Where, ω d The weight of debt in the capital structure, where t is the tax rate.

[0201] According to another aspect of the present invention, a financial management system is provided, comprising:

[0202] The general ledger module records and manages all financial transactions of the enterprise, including revenue, expenses, assets, liabilities and owner's equity, generates financial statements, and provides an overview of the enterprise's overall financial situation.

[0203] The fixed asset management module records and manages the company's fixed assets, including asset procurement, depreciation, and disposal, ensuring accurate accounting of asset value, optimizing asset utilization efficiency, and supporting multiple depreciation methods, asset inventory, and asset scrapping.

[0204] The cost management module calculates and analyzes a company's costs, including production costs, operating costs, and project costs, helping companies control costs, improve profitability, and support cost allocation, cost variance analysis, and comparison of standard costs with actual costs.

[0205] The budget management module is used to develop, execute, and monitor the company's financial budget, including revenue budget, expenditure budget, and capital budget, to ensure the rational allocation of corporate resources, support the achievement of strategic goals, and support multi-dimensional budget preparation, budget-actual comparison analysis, and budget adjustment.

[0206] The cash management module monitors and manages a company's cash flow, including cash inflows, outflows, and balance forecasts, ensuring that the company has sufficient working capital and avoiding cash shortages or idle funds. It also supports bank reconciliation, cash flow forecasting, and fund allocation.

[0207] The financial reporting and analysis module generates standardized financial statements and provides financial analysis tools to support management decision-making, help companies identify financial risks and opportunities, and supports custom reports, financial ratio analysis, trend analysis, and dashboard displays.

[0208] Specifically, the financial management system also includes managing the company's tax affairs, including tax calculation, declaration, and payment, ensuring the company's compliance with tax regulations, optimizing the tax burden, supporting multi-tax management, automatic tax calculation, and tax compliance checks; managing employee salaries, bonuses, allowances, social security, and housing provident fund, ensuring accurate calculation and timely payment of employee compensation; tracking and managing project financial data, including project costs, revenue, and profit, ensuring project financial transparency, supporting project decision-making, supporting internal and external audits, ensuring the accuracy and compliance of financial data, reducing financial risks, ensuring the company's compliance with relevant regulations, and integrating with other business systems to achieve data sharing and process automation, thereby improving the efficiency and consistency of financial management.

[0209] The present invention also provides a computer device, including a memory and a processor, wherein the memory stores a computer program, and the processor executes the computer program to implement the steps of the above-described financial management method.

[0210] The present invention also provides a computer-readable storage medium having a computer program stored thereon, wherein the computer program, when executed by a processor, implements the steps of the above-described financial management method.

[0211] Those skilled in the art will understand that all or part of the processes in the methods of the above embodiments can be implemented by a computer program instructing related hardware. The computer program can be stored in a non-volatile computer-readable storage medium. When executed, the computer program can include the processes of the embodiments of the above methods. Any references to memory, storage, databases, or other media provided in this application and in the embodiments may include non-volatile and / or volatile memory. Non-volatile memory may include read-only memory (ROM), programmable ROM (PROM), electrically programmable ROM (EPROM), electrically erasable programmable ROM (EEPROM), or flash memory. Volatile memory may include random access memory (RAM) or external cache memory. By way of illustration and not limitation, RAM is available in a variety of forms, such as static RAM (SRAM), dynamic RAM (DRAM), synchronous DRAM (SDRAM), dual-speed SDRAM (SSRSDRAM), enhanced SDRAM (ESDRAM), synchronous link DRAM (SLDRAM), RAMbus direct RAM (RDRAM), direct memory bus dynamic RAM (DRDRAM), and memory bus dynamic RAM (RDRAM).

[0212] It should be noted that, in this document, the terms "comprising," "including," or any other variations thereof are intended to cover non-exclusive inclusion, such that a process, apparatus, article, or method that comprises a list of elements includes not only those elements but also other elements not expressly listed, or elements inherent to such process, apparatus, article, or method. Unless otherwise specified, an element defined by the phrase "comprising one..." does not exclude the presence of other identical elements in the process, apparatus, article, or method that includes that element.

[0213] The preferred embodiments of the present invention disclosed above are merely illustrative of the invention. These preferred embodiments do not exhaustively describe all details, nor do they limit the invention to any specific implementation. Clearly, many modifications and variations can be made based on the content of this specification. This specification selects and specifically describes these embodiments to better explain the principles and practical applications of the invention, thereby enabling those skilled in the art to better understand and utilize the invention. The invention is limited only by the claims and their full scope and equivalents.

Claims

1. A financial management method, characterized in that, include: Step 1: Define the company's financial objectives for the specified period, prepare a detailed financial budget based on the company's strategic plan, and forecast the company's funding needs for the specified period based on the company's business plan to ensure that the company has sufficient funds to support its operations. Step Two: Record the company's daily financial activities, use accounting software or financial management system for automated processing, ensure the accuracy and timeliness of the data, generate corresponding vouchers for each financial transaction, ensure the compliance and traceability of financial data, and regularly check accounts to ensure that the accounts match the actual situation; Step 3: Prepare financial statements regularly, assess the company's financial health and operational efficiency by calculating and analyzing financial ratios, identify financial trends by analyzing historical financial data, and predict future financial performance. Step 4: Calculate all costs of the enterprise, analyze the cost composition and the reasons for its changes, identify key points for cost control, and through cost analysis, find ways to reduce costs and formulate and implement cost control measures. Step 5: Monitor the company's cash flow to ensure that the company has sufficient working capital in its daily operations, allocate funds reasonably according to the company's capital needs, ensure liquidity, and identify and manage financial risks; Step Six: Through financial analysis and evaluation, support the company's investment decisions, select appropriate financing methods based on the company's funding needs and capital structure, and formulate a reasonable profit distribution plan based on the company's financial situation and shareholder needs.

2. The financial management method according to claim 1, characterized in that, Step one involves setting a net profit target for a specific period based on the company's strategic goals and market expectations. This measures the company's profitability, ensures sufficient cash inflow to meet daily operations and investment needs, sets cost reduction targets to improve cost efficiency, and sets expected revenue levels based on sales forecasts and market trends. This typically includes the sales volume and price of products or services, planning long-term investments including the purchase of fixed assets, R&D projects, or expansion plans, and integrating all budgets into a comprehensive financial plan to ensure consistency among activities.

3. The financial management method according to claim 1, characterized in that, In step two, the company's accounting standards are determined, accounting rules, depreciation methods, and revenue recognition standards are formulated, an accounting subject system suitable for the company is designed, the uniqueness of subject codes and names is ensured, approval processes, authorization mechanisms, and separation of duties are established to ensure the authenticity and security of financial data, system parameters are configured, basic data is imported, and all original vouchers related to financial transactions are collected, including invoices, receipts, bank statements, and payrolls, to ensure the legality and completeness of the vouchers, verify the authenticity of the vouchers, the accuracy of the amounts, and the completeness of the approval procedures, and the data in the original vouchers is entered into the accounting system and classified into the corresponding accounting subjects according to the nature of the transactions.

4. The financial management method according to claim 1, characterized in that, In step three, the company's strategic goals and financial situation are analyzed, specific cost control targets are formulated, the targets are broken down into departments or projects, cost data is collected, appropriate cost accounting methods are selected, cost reports are prepared, and cost structure is analyzed. Cost data is collected and a database is established. The existing data in the database is analyzed and predicted. A predictive model is then used to analyze the company's future financial situation. The calculation formula is as follows: X t =α+βt+φX t-1 +e t , Among them, X t For the current cost, X t-1 ε represents the cost of the previous time period. t Let α, β, and φ be random errors, and α, β, and φ be model parameters. Anomaly analysis is performed on the data in the database to remove outlier data. The calculation formula is as follows: Where d(x,y) is the outlier distance of the outlier data, x i For the current data point, y i This is the centroid of the database.

5. A financial management method according to claim 1, characterized in that, Step five involves recording the company's cash inflows and outflows over a certain period, understanding the company's cash position, analyzing the sources and uses of cash flow, the cash inflows and outflows generated by the main business, establishing cash reserves to cope with emergencies and short-term funding needs, determining an appropriate level of cash reserves to avoid idle funds, conducting credit assessments and monitoring of the company, setting reasonable credit limits, tracking the financial status of debtors, establishing a strict internal control system, and conducting regular risk assessments and audits.

6. A financial management method according to claim 5, characterized in that, Step six involves analyzing financial data over several years, identifying trends, comparing the company's financial indicators with the industry average, determining the project's cash flow for each year, selecting an appropriate discount rate, and calculating the present value of the cash flow for each year. Based on the analysis of the company's data, the calculation formula is as follows: Where NPV is the net present value of the firm, and C t Let C0 be the cash inflow in period t, and C0 be the initial investment. The weighted average cost of all capital sources for a company, based on its data analysis, is calculated using the following formula: WACC=ω d ×γ d ×(1-t)+ω e ×γ e , Where, ω d The weight of debt in the capital structure, where t is the tax rate.

7. A financial management system, characterized in that, include: The general ledger module records and manages all financial transactions of the enterprise, including revenue, expenses, assets, liabilities and owner's equity, generates financial statements, and provides an overview of the enterprise's overall financial situation. The fixed asset management module records and manages the company's fixed assets, including asset procurement, depreciation, and disposal, ensuring accurate accounting of asset value, optimizing asset utilization efficiency, and supporting multiple depreciation methods, asset inventory, and asset scrapping. The cost management module calculates and analyzes a company's costs, including production costs, operating costs, and project costs, helping companies control costs, improve profitability, and support cost allocation, cost variance analysis, and comparison of standard costs with actual costs. The budget management module is used to develop, execute, and monitor the company's financial budget, including revenue budget, expenditure budget, and capital budget, to ensure the rational allocation of corporate resources, support the achievement of strategic goals, and support multi-dimensional budget preparation, budget-actual comparison analysis, and budget adjustment. The cash management module monitors and manages a company's cash flow, including cash inflows, outflows, and balance forecasts, ensuring that the company has sufficient working capital and avoiding cash shortages or idle funds. It also supports bank reconciliation, cash flow forecasting, and fund allocation. The financial reporting and analysis module generates standardized financial statements and provides financial analysis tools to support management decision-making, help companies identify financial risks and opportunities, and supports custom reports, financial ratio analysis, trend analysis, and dashboard displays.

8. A financial management system according to claim 7, characterized in that, The aforementioned financial management system also includes managing the company's tax affairs, including tax calculation, declaration, and payment, ensuring the company's compliance with tax regulations, optimizing the tax burden, supporting multi-tax management, automatic tax calculation, and tax compliance checks; managing employee salaries, bonuses, allowances, social security, and housing provident fund, ensuring accurate calculation and timely payment of employee compensation; tracking and managing project financial data, including project costs, revenue, and profit, ensuring project financial transparency, supporting project decision-making, supporting internal and external audits, ensuring the accuracy and compliance of financial data, reducing financial risks, ensuring the company's compliance with relevant regulations, and integrating with other business systems to achieve data sharing and process automation, thereby improving the efficiency and consistency of financial management.

9. A computer device comprising a memory and a processor, wherein the memory stores a computer program, characterized in that, When the processor executes the computer program, it implements the steps of a financial management method according to any one of claims 1 to 6.

10. A computer-readable storage medium having a computer program stored thereon, characterized in that, When the computer program is executed by a processor, it implements the steps of a financial management method according to any one of claims 1 to 6.

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