Unified Financial Accounting System Customization Transformation And Implementation In The Replacement Of Business Tax With Value-added Tax Process For The Bank In The Paper

The State Council approved Opinions on the Key Tasks of Deepening China's Reform of Economic System of Year 2015 issued in May 2015 by National Development and Reform Commission and required striving for full completion of change from business tax to value-added tax and expanding its scope from pilot program of levying value-added tax in lieu of business tax approved by the State Council and jointly issued by Ministry of Finance of the People's Republic of China and State Taxation Administration in 2011 to the fields such as construction industry,real estate industry,financial industry and life service industry.Moreover,the change from business tax to value-added tax would be fully carried out in 2016 which was the first year of the 13th Five-Year Plan.In line with relevant national policies,lower tax burden of Bank,boost profits of Bank and accelerate development of Bank,the uniform financial accounting application of Bank must be combined with the analysis,design,and implementation of change from business tax to value-added tax.Oracle E-Business Suit(Version 11i)was selected as the uniform financial accounting application of Bank.In respect of uniform financial accounting application of Bank combined with the change from business tax to value-added tax this time,three development tools including PLSQL Developer,Oracle Application Framework(OAF)and Oracle EBS Form Builder were primarily adopted for related demand reform and implementation and the database management was mainly realized through PLSQL Developer 10.In relation to uniform financial accounting application of Bank combined with the change from business tax to value-added tax,it was required to achieve the change from business tax to value-added tax in relevant procedures such as asset purchase business,expense reimbursement,and daily/monthly/annual accounting business.The modules including general ledger,procurement,assets,online reimbursement and payables of uniform financial accounting application were involved in such reform.Through the reform of the aforesaid modules,the change from business tax to value-added tax of Bank was ultimately achieved so as to promote further development of Bank.