Cash Flow Statements - China
Application component: China
App type: SAP GUI
Description: You use this program to create the cash flow statement using the direct method as required by law in China 
Key features: Translation of Foreign Currency in Cash Flow Statement The cash flow statement contains foreign currency amounts, but first the program translates the foreign currency to the local currency. Cash flows in foreign currency must be shown in the cash flow statement, translated into the Chinese currency at the officially published exchange rate on the date of the cash flow statement. To enable this, in the Other Settings group box, enter data as follows: In the Key Date for Translation field, enter the date of the cash flow statementIn the For Previous Year field, enter the date of the previous year’s cash flow statementEnter the exchange rate type In addition, the beginning balance must be shown using the exchange rate on the reporting date. Exchange rate differences between the rate on the reporting date and at the beginning of the year are shown in the last line of the statement.  Separate Cash Flow Statements for Foreign Currencies You create a separate statement for each currency in which you have cash flows. To do so, run the program separately for each currency and make the following settings: In the Selection Criteria group box, enter the currency in the Document Currency fieldIn the Show Statement In group box, select Foreign Currency  Determination of Offsetting Accounts All cash-related accounting documents need to be broken down so that each debit posting is matched to exactly one credit posting, and vice versa. The system sets up debit-credit item pairs by determining offsetting accounts. This process is referred to as offsetting account determination. Simple Accounting Documents The program determines the offsetting accounts for accounting documents that contain one debit or credit item. It does this automatically; you do not need to make any special entries on the program selection screen. The program automatically stores the data of the offsetting accounts in the database. Complex Accounting Documents The program can also determine the offsetting accounts for accounting documents that contain multiple debit and credit items if you have made the settings as described in Customizing for Enhanced Offsetting Account Determination. On the program selection screen, you must select the Offsetting Acct (Enhanced Determination of Offsetting Accounts) checkbox. To save the determined offsetting accounts in the database, you must additionally select the Save Offsetting Accounts checkbox. Splitting of Line Items Another function related to enhanced offsetting account determination is that the program can split single line items in an accounting document in two different ways as described in Scenario A and Scenario B in Example: Splitting Line Items. This is another function of the enhanced offsetting account determination function, and as such, you have made all the necessary settings as described in Customizing for Enhanced Offsetting Account Determination.  OutputBased on your settings on the selection screen, the program displays the cash flow statement items in an ALV list or an Adobe PDF Form and it displays the item code and the total amount in the given currency. In the Accounting Documents Exist column, if an icon appears, you can display the data of all the accounting documents that belong to the given statement item. If you use enhanced offsetting account determination and one of the following cases occurs when you run the Cash Flow Statement program, the program issues an error. You then need to determine the offsetting accounts manually as described in Using the Manual Offsetting Account Determination Transaction: The report only partly determines the offsetting accountsThe report does not determine the offsetting accounts at allThe report did not split the line items properly  
Business roles: General Ledger Accountant for China
Accounts Payable Accountant for Indonesia: (is an add-on role to the Accounts Payable Accountant)
Carries out the most important functions in accounts payable accounting with a special focus on creation and execution.

Cash Manager for Thailand: (is an add-on role to the Cash Manager)
Executes cash transactions and centrally manages bank accounts with a wide range of attributes, including overdraft limit and signatories, utilizing approval process for opening or closing bank accounts, and the regular inventory/auditing process.

Accounts Payable Accountant for Thailand: (is an add-on role to the Accounts Payable Accountant)
Carries out the most important functions in accounts payable accounting with a special focus on creation and execution.

General Ledger Accountant for China: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for Thailand: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements in Thailand.

Cash Manager for Indonesia: (is an add-on role to the Cash Manager)
Executes cash transactions and centrally manages bank accounts with a wide range of attributes, including overdraft limit and signatories, utilizing approval process for opening or closing bank accounts, and the regular inventory/auditing process.

General Ledger Accountant for Indonesia: (is an add-on role to the General Ledger Accountant for Indonesia)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.