Enterprise Financial Data Export Options for China

The enterprise financial data export for China functionality provides processes for exporting financial data from Oracle Fusion Cloud Applications.

This functionality provides processes for exporting financial data from Oracle General Ledger, Oracle Payables, Oracle Receivables, Oracle Subledger Accounting, and Oracle Assets into a format specified by the National Audit Office of the People's Republic of China.

To be able to export data, provide the following:

• Financial Information

• Accounting Book Information

• Depreciation Method Formula

Provide this information through the Manage Enterprise Financial Data Export Options for China page from Navigator > Setup and Maintenance work area.

Financial Information

Define the financial information options for all chart of accounts that are associated with the data access set for a specific data role. Only chart of accounts that have associated financial information are listed on the Manage Enterprise Financial Data Export Options for China page. You can edit or delete the financial information options for a particular chart of accounts.

To provide financial information for a chart of account, provide the following information.

• Accounting Information

• Flexfield Assignment

• Cash Flow Item Attribute Assignment

Note: To provide financial information for a chart of account, click the Add Row icon on the Manage Enterprise Financial Data Export Options for China page to navigate to the Create Financial Information Options for China page.

Define the structure for natural accounts. The natural account structure is a key flexfield to define the structure for the natural account in the chart of accounts.

The account structure flexfield specifies the structure code for the natural account structure. It indicates the hierarchy of natural account against the local statutory requirement. For example, local government requires that the natural account must have eight digits, the first four digits for the first level, the next two digits for the second level, and the last two digits for the third level. The structure in this case is 4-2-2.

Define the subsidiary account sources based on the chart of accounts.Three types of subsidiary account sources are available, all chart of account segments except balancing segment and natural account segment, third party: customer, supplier, and employee supplier information, and project number. You can specify about 30 subsidiary segments.

Specify descriptive flexfields and attributes that are used to store additional information. By default, a descriptive flexfield is defined for intercompany transactions. The flexfield stores the settlement method used for intercompany transactions.

Specify the cash flow statement rows that are used in the cash flow statement and supplementary schedule. Two new attributes, item source and item attribute, are required along with the other cash flow item attributes.

Item source is used to identify the reporting item source in the statutory cash flow statement, such as main statement or supplementary statement.

Item attribute indicates the attribute of cash flow statement reporting item, for example, the direction of cash flow, like inflow or outflow.

The cash flow item length is the length of the cash flow statement item. For example, when the cash flow item is 1000, the cash flow item length is 4.The length of all the cash flow statement items must be the same.

Accounting Book Information

Define general information for an accounting book based on a specific legal entity. For example, book name, book number, company name, organization code, and so on.

You can define accounting book information for each legal entity associated with your data access set.

Depreciation Method Formula

Define the text formulas for the depreciation methods in Assets. Information about the depreciation method is used by the Export Fixed Assets Data for China: Enterprise process. For example, the depreciation method formula for the straight line method is Depreciation Amount = Recoverable Amount/Life.