Research On Comprehensive Budget Management Of H Grid Company Based On Financial Real-time Control

In 2017,Liu Shiyu,chairman of the China Securities Regulatory Commission,described the reform and development of the capital market at the press conference.Similarly,the operation of the H Power Grid Corp is like a string of pearl necklaces,with good pearls,which is part of the company that promotes its business.A solid line is needed to string the pearls together,which is the development strategy of the enterprise.Pearl necklace in the summer afraid of sweat,need to care,that is,budget management,to strengthen the coordinated development of various departments,while the implementation of enterprise strategy.Budget management in order to reduce a lot of risks,but also enterprises to evaluate the operation of the basic reference,is to carry out performance management basis.Total budget management is one of the few management methods that integrate all the key issues of an enterprise into one system.With the accelerated pace of power grid construction and the reform of electric power market promotion,coupled with the power grid construction cycle,high construction schedule requirements,the higher the risk,the traditional management mode is difficult to adapt to the requirements of power grid construction,and restricted the development of the company to a certain extent.This paper first analyzes actuality of H Power Grid Corp H Power Grid Corp,budget management,budget management system has been more mature,but to adapt to the new situation of informatization reform,highlighting the new requirements of financial real-time control strategy of budget management.Subsequently,according to the comprehensive budget management problem existing in H Power Grid Corp,a comprehensive budget management system has been optimized.Comprehensive budget to join EVA(Economic Value Added)as the lead content in the budget,in order to strengthen the application of standard cost reserve project budget management platform,and the huge amount of capital projects of H grid project budget optimization.In the budget execution and control,the application of SAP system is strengthened,the budget is controlled in advance,and the cash flow control scheme is improved.In the assessment aspect,the project process assessment scheme is integrated into the BSC(Balanced Score Card)method,and the budget assessment is divided into sub stages,and the dynamic real-time assessment is carried out.Finally,the budget sharing center has been established as a safeguard measure.On the basis of SAP package software of H power grid,SAP BPC is added to enhance its budget sharing capability.