Establishment Of Settlement Center To Strengthen Capital Management Consciousness

The most basic function of the settlement center is internal settlement, which is the basis for capital settlement and capital management by opening internal accounts.

On the one hand, it is easy to control and schedule management through the centralization of accounts. On the other hand, it is to improve the speed of settling accounts and the speed of collection of income funds.

For the various units of the unit to handle various settlement business, the former units are contacted with the banking business separately for the purpose of unified contact with the bank through the settlement center, which not only facilitates the settlement of each unit, but also improves the financial work efficiency.

We must strictly manage the cash flow generated by business activities, investment activities and fund-raising activities, establish the guiding ideology of capital management, focusing on cash flow and focusing on capital monitoring, clarify the central position of cash flow management in enterprise management, and establish a scientific fund management mechanism. Through the prediction and analysis of cash flows and the key points of cash flow, we can realize the dynamic balance of cash flow under the premise of guaranteeing the ability to pay, and ensure the quality of net income of enterprises.

There are four main reasons for the shortage of funds in Enterprises: first, the surplus and shortage of each unit's funds are different, and there is no coordinated and unified mechanism, which can not adjust the surplus and deficiency of funds in time, and the group does not take effective measures to regulate the internal settlement funds, resulting in tight funds for most of the units. Two, it is a common phenomenon that the owners are in arrears with the project and the proportion of the performance bond payment is higher and higher, resulting in tight funds; three, with the increase of funds.

The intensification and the further improvement of efficiency in various fields make the market competition to a large extent depend on the situation of capital and the turnover speed of capital, especially in construction enterprises. In many aspects, such as task contract, equipment and material procurement, capital can not be allocated on time and in full. In the four place, many kinds of capital such as construction, pfer (BT) or construction, operation, pfer (BOT) are widely implemented at present.

Under the situation of infrastructure construction, the group company has increased the demand for centralized use of funds.

The settlement fund of the settlement center is mainly used to make up for the shortage of the above demand in the short term.

The settlement center collectively funds the temporary idle and dispersed funds of the internal accounting units in the form of deposits, and distributes them to the accounting units in need of funds in the form of loans, so as to realize the mutual shortage of funds in the group.

By assisting the return of capital and fund dispatching, the group participates in the management of the lower level enterprises at a higher level and strengthens the capital operation of the group.

In the past, the subordinate units needed money to reach out to the higher level companies, without considering the benefits of their funds, and implementing the settlement center loan system.

We should improve our understanding of the time value and cost of capital, pay attention to economic accounting, and reach a consensus on rational and effective use of funds. At the same time, we will effectively strengthen the links with other companies' members of the group company, which is conducive to bringing the group's overall advantages into full play.

Through the group's internal financing, the clearing center revitalize the stock fund and improve the efficiency of fund utilization. Under the same investment and production scale, the demand for banks' funds has been reduced, especially the long-term credit can be reduced, thus reducing the interest paid by the group on foreign loans.

The group can use short-term credit to meet the long-term use of subordinate enterprises, reduce the risk of high debt management, enhance the vitality of enterprises and improve economic efficiency.

For example, in 2005, the capital settlement center of China Railway fifteen bureaus group adjusts funds for all units and solves 81 million 340 thousand yuan of temporary working capital, saving commercial banks' interest on loans by about 500000 yuan. To a certain extent, it alleviated the tension of group funds and facilitated customers, which played a great role in group production and operation.

Obviously, the importance of capital settlement center in financial management.