The Integration And Implementation Of Finance Management System For Power Industry Based On SAP

In recent years,the country has implemented supply-side structural reforms,and China's power industry has been deeply affected.The growth trend of power plant generator installed capacity has begun to slow down,but it is still higher than the growth rate and level of electricity demand.In contemporary China,many types of energy industry are gaining momentum.Because of the competition between different types of power supply installations,for thermal power plants,their power generation priority is lower than that of hydropower stations,nuclear power plants,wind power plants,etc.In the above,the power station needs to obtain the dispatching indicators after the clean energy is preferentially connected to the Internet.Therefore,there is a general concern in the market that the utilization hours of the thermal power installation will be under great pressure due to the rapid development of clean energy Under this circumstance,the thermal power station and the thermal power market need to explore from their own perspectives how to strengthen the enterprise management while reducing the enterprise management costs while meeting the needs of the enterprise industry while improving the efficiency of their own resources Market competitiveness is a major issue for the thermal power industryThe thermal power branch companies under the Beijing Electric Power Group currently only use the human resource management module and financial management module in the SAP-ERP system,which cannot meet the processing needs of their daily business.First of all,the financial management module has low integration with the front-end procurement and production business.The integration point is limited to the integration of the payroll voucher.The daily business documents are still manually accounted for.The financial personnel have high work pressure and low efficiency.Secondly,it is not conducive to financial realization of the front-end business.The management and control functions can only verify the validity and accuracy of the front-end data when the current business is completed.When the financial manual is required,the management accounting function cannot be effectively played.Finally,it is difficult for the thermal power station to realize the fine management of the enterprise.The valid fields provided when the voucher is entered are not enough,the data statistics are not clear enough,and the financial personnel's management of the accounts is not convenient enough.Considering the current requirements of various thermal power branches for daily fine management and business integration of enterprises,and considering the current application status of SAP systems of most power groups,the construction and implementation of this system is proposed.SAP software is the pioneer of ERP solution,the world's number one ERP software,thermal power branch decided to implement SAP management system,based on the implementation of human resources management(HR)and financial management(FICO),through project management Integration between the four modules(PS),Production Management(PM),Material Management(MM),and Financial Management(FICO)to manage and account for the day-to-day business of the company.The financial management module is the core of several modules.The implementation of SAP financial management module realizes the integration of financial module and other business modules,especially the automatic generation of accounting documents,which not only reduces the workload of financial personnel,but also improves work efficiency and guarantees The financial control of the front-end business,real-time monitoring in the business process.At tihe same time,it has realized seven sub-modules of financial management,namely general ledger management,asset management,receivable management,payable management,loan contract management,budget management and cost management,which help enterprises to conduct high and centralized management and control of accounts.In addition,SAP management system integrates with the main data management platform,expense reporting system,etc.,to achieve data integration and high degree of uniformity;provide online approval function,automatically release purchase application after approval,reduce manual offmine operation,Improve work efficiency.The application of SAP management software regulates the business processes,management rules,and financial accounting of the enterprise.In order to standardize the business of the power branch,thereby improving the accuracy of financial documents,and ultimately providing accurate financial information for the enterprise to determine long-term development.