【正文】 P5 Query, view, print 27 F4 IAS adjustment entry file and associated processes P10. The user creates IAS adjustment entries based on analysis of IAS adjustment supporting data and then inputs the data to IAS adjustment entry table (T3) in the reporting system. The entries will be checked by approver and if they are correct, they will be posted to disable further change. If they are not, it will be modified and rechecked. P12. IAS adjustment entries are exported and rolled up without aggregation to the higher levels. The entries will be used in IAS reporting, basically on the highest levels in the corporation on the original level The IAS adjustment file collects data to fulfill IAS adjustment in different level and roll it up to the corporate level REPORTING SYSTEM T3 IAS adj. IAS adj. Entries P12 Export IAS adj. entries F4 IAS adj. data file P10 Enter IAS adj. Entries F4 IAS adj. data file IAS reporting process Analyze info and determine required IAS adjustment IAS adjustment info reports F3 /T2 IAS Adjustment Entries FILE FORMAT TABLE STRUCTURE Description Credit amount Account code Debit amount Period Business entity code 28 System processes for consolidation and reporting Chapter 7 29 P9 Elimination process and PRC reporting The elimination process involves two steps: 1) Elimination entry preparation includes step P6 P8. This step has been described earlier in this document 2) Perform the elimination of internal transactions step P7 The result of the elimination process is a Ledger report adjusted by eliminating the effect of internal transactions. Elimination entry record definition is: (account code, entry description, period, credit amount, debit amount) To perform the elimination of the internal transactions, system perform the following calculations: Consolidated balance of one ledger report item = aggregated balance of the ledger report item +() total credit amount of all elimination entries for the item (+) total debit amount of all elimination entries for the item Consolidated debit amount of one ledger report item = aggregated debit amount of the ledger report item + total debit amount of all elimination entries for the item Consolidated credit amount of one report item = aggregated credit amount of the report item + total credit amount of all elimination entries for the item The resulting consolidated ledger report is ready for PRCpliant reporting. The PRC reports are created by producing the report with the prepared PRC report definitions against the eliminated ledger report. After the PRC report is created, it is remended that the PRC report be stored in a permanent table for longterm record and archive. The elimination process is a major step to produce consolidated PRCpliant financial reports. REPORTING SYSTEM F3 Elimination data file P7 Elimination process Consolidated Ledger Report T2 Elimination F1 Internal transaction data file T4 Internal Transaction P13 Export remaining internal transaction Elimination entries Internal transaction reports queries Analyze info and determine required elimination P5 Query, view, print P8 Export Elimination entries F3 Elimination data file F1 Internal transaction data file P6 Enter elimination entries Aggregated Ledger reports 30 REPORTING SYSTEM P11 IAS reporting process IAS reporting involves three steps: 1. IAS adjustment entries preparation steps P9, P10, P12. This has been discussed earlier in this document. The adjustment entries contain these fields: account code, period, adjustment description, credit amount and debit amount. 2. Apply IAS adjustments to the Consolidated Ledger report and create temporary IAS adjusted ledger report. This is done by the system through the following calculations: Adjusted balance of one report item ( or account) = Consolidated balance of the report item( or account) +() Total credit amount of all adjustment entries (+) Total debit amount of all adjustment entries。 Adjusted debit amount of one report item(account) = Consolidated debit amount of the report item(account) + Total debit amount of all adjustment entries。 Adjusted credit amount of one report item(account) = Consolidated credit amount of the report item(account) + Total credit amount of all adjustment entries 3. Produce the IAS report from the IAS adjusted temporary ledger report. This is done by creating the reports using the IAS adjusted temporary ledger report as the source. After the IAS report is created, it is remended that the report be stored for longterm record and archive. IAS reporting process is performed by applying IAS adjustment entries to the consolidated ledger report Consolidated Ledger Reports F4 IAS adjustment data file F4 IAS adjustment data file P12 Export IAS adjustment P15 Print IAS reports T3 IAS adj IAS adjustment entries Analyze info and determine required IAS adjustment P9 Query IAS adjustment data IAS adjustment info reports P10 Enter IAS adjustments F2 Disclosure IAS supporting data file Lower level reports 31 Report Formats Appendix A 32 List of Reports ? Elimination and adjustment entry report A1 ? IAS adjustment report A5 ? Receivable aging report A6 ? Notes receivable A7 ? Other receivable A8 ? Longterm equity investment report A9 ? Short term investment report A10 ? Long term bond investment A11 ? Other nonequity longterm investment A12 ? Notes payable report A13 ? Short/Long term loan report A14 ? Bonds payable report A15 ? Related party transaction A16 33