To the question How does the consolidated reporting differ from the consolidated one!? given by the author freshly salted the best answer is Consolidated reporting in its traditional sense - the reporting of ministries and departments, the main purpose of which is to provide the state, represented by the relevant executive authorities, with the opportunity to evaluate the results of the activities of subordinate organizations. As a rule, such reporting:
- reflects the average indicators of the financial and economic activities of a certain industry;
- contains a significant number of statistical indicators. The main methods of reporting are statistical methods of grouping and summary (summary of a number of indicators of the industry and grouping within industries by type of activity);
- is the material for the preparation of sectoral and national economic state plans for economic development.
Consolidated financial statements are a special type of financial statements compiled by combining a set of financial statements of several enterprises. Consolidated financial statements were compiled in our country earlier, in the era of the planned economy, on the basis of a single state form of ownership.
When compiling consolidated reporting, ministries, departments and other federal executive bodies draw up consolidated financial statements for organizations for which they are entrusted with the coordination and regulation of activities.
Consolidated reporting federal bodies executive power is compiled by summing up the relevant reporting data of organizations subordinate to the executive power. Consolidated annual financial statements of federal executive bodies are submitted to the Ministry of Finance of the Russian Federation, the Ministry of Economy of the Russian Federation and State Committee RF according to statistics.
In addition, the federal executive authorities, which are the main administrators of funds federal budget, submit consolidated monthly, quarterly and annual financial statements on the execution of estimates of income and expenses of institutions under their jurisdiction. When compiling a consolidated report on the execution of estimates of income and expenses, the reporting indicators of subordinate organizations are also summed up. In order to avoid double counting, the balances on the accounts of settlements and in the asset balance of the main manager and on these accounts in the liabilities side of the balance of the institutions under their jurisdiction are mutually excluded. The chief administrators submit consolidated monthly, quarterly and annual financial statements in the execution of estimates of income and expenses of institutions under their jurisdiction, respectively, to the Ministry of Finance of the Russian Federation and the bodies executing the budgets of the constituent entities of the Russian Federation and local budgets within the time limits set by them.
Characteristic features of the consolidated financial statements compiled by the federal ministries and other federal executive bodies, the following can be noted:
- the owner of all organizations included in the consolidated report, with the exception of joint-stock companies, the state acts in the person of the corresponding executive authority;
- As a rule, all organizations included in the report belong to the same industry;
- the main consumer of information of such reporting is the state represented by statistical and financial bodies;
- consolidated reporting of federal executive bodies is part of the current system of state financial control and planning.
In all other cases, it is consolidated reporting by groups of related enterprises.
In this article, we will analyze the concept of OCDI with you and consider the OCDI Budget 21 system. In what cases should it be used, what are its advantages, and most importantly, we will help you understand whether you need this program.
JRCDI budget 21 - consolidated reporting since 2011
What is OCDI?
OCDI - stands for Especially Valuable Movable Property. This concept appeared in 2011 and was included in the definition of property budget organization special group. OCDI includes the following types movable property:
Budget 21 OCDI (Especially Valuable Movable Property) - preparation of consolidated reporting
JRCDI Budget 21: Consolidated reporting made easy
"OCDI budget 21" is a special program designed to facilitate the work in the accounting and economic sphere.
It originates back in 1992, when a group of enthusiastic programmers undertook to develop software for accountants working in the field of budgeting. At that time, this was an innovation, since such programs did not exist at all. Finally, in 1997, this system was finally completed, tested and worked out.
Everything would be fine, but the OCDI budget-21 program at that time was already well behind the rapidly developing progress in terms of information technology. The fault was the platform on which the Budget-21 system was written. The Windows operating system appeared and the developers came to the conclusion that it was necessary to make a program for it.
In the end, the matter was brought to an end and before us appeared a new, powerful programmable complex OTsDI Budget-21, designed to help the accountant in the distribution of the budget, in summary reporting and other moments subject to automation.
OCDI Budget 21 is now a system that easily adapts to the required world level of standards in the field of work administration budget companies. It helps to perform tasks not only in an autonomous organization, but also in Centralized Accounting. The Budget-21 program can save workers from constant daily operations, and thereby eliminate the possibility of error. Its functions include a complete report in terms of finances and statistics, improving the correctness and truthfulness of accounting, a quick response to changes in the Legislation of the Russian Federation, which will avoid fatal misunderstandings and mistakes. Financial flows are in safe hands. This development will help to back up the necessary information and statistics, develop certain budget plans, analyze the results, understand what is the weak link in the chain. The Budget 21 project can be equally useful for small towns, entire regions, and even subjects Russian Federation. You can synchronize this project as quickly and simply as possible, as it integrates into such well-known packages as Windows Office and other common models.
OCDI Budget 21 Summary Reporting - Benefits of the System
Budget 21 - OCDI
This program is an offshoot of the main program and is used to register and move movable property. It is necessary to remember, of course, what is included in the concept of OCDI. We talked about this at the beginning of the article.
Opportunities OCDI Budget 21
OCDI budget 21
Benefits of OCDI Budget 21
Consolidated reporting Budget 21 - Department of Education OCDI
Thus, in this article we dealt with the concept of OCDI, learned what OCDI Budget 21 is and understood how this program can help, for example, with the summary reporting of an enterprise.
Video: instructions for working in the Budget 21 system (OCDI)
Installing and configuring the Budget 21 software package for working with the OCDI, compiling summary reporting of the organization.
In this article, we will analyze the concept of OCDI with you and consider the OCDI Budget 21 system. In what cases should it be used, what are its advantages, and most importantly, we will help you understand whether you need this program.
OCDI- stands for Especially Valuable Movable Property. This concept appeared in 2011 and was included in the definition of the property of a budgetary organization of a special group. The following types of movable property belong to the OCDI:
"OCDI budget 21" is a special program designed to facilitate work in the accounting and economic sphere.
It originates back in 1992, when a group of enthusiastic programmers undertook to develop software for accountants working in the field of budgeting. At that time, this was an innovation, since such programs did not exist at all. Finally, in 1997, this system was finally completed, tested and worked out.
Everything would be fine, but the OCDI budget-21 program at that time was already well behind the rapidly developing progress in terms of information technology. The fault was the platform on which the Budget-21 system was written. The Windows operating system appeared and the developers came to the conclusion that it was necessary to make a program for it.
In the end, the matter was brought to an end and before us appeared a new, powerful programmable complex OTsDI Budget-21, designed to help the accountant in the distribution of the budget, in summary reporting and other moments subject to automation.
OCDI Budget 21 is now a system that easily adapts to the required world level of standards in the field of administration of budget companies. It helps to perform tasks not only in an autonomous organization, but also in Centralized Accounting. The Budget-21 program can save workers from constant daily operations, and thereby eliminate the possibility of error. Its functions include a complete report in terms of finances and statistics, improving the correctness and truthfulness of accounting, a quick response to changes in the Legislation of the Russian Federation, which will avoid fatal misunderstandings and mistakes. Financial flows are in safe hands. This development will help to back up the necessary information and statistics, develop certain budget plans, analyze the results, understand what is the weak link in the chain. The Budget 21 project can be equally useful for small towns, entire regions, and even constituent entities of the Russian Federation. You can synchronize this project as quickly and simply as possible, as it integrates into such well-known packages as Windows Office and other common models.
This program is an offshoot of the main program and is used to register and move movable property. It is necessary to remember, of course, what is included in the concept of OCDI. We talked about this at the beginning of the article.
Thus, in this article we dealt with the concept of OCDI, learned what OCDI Budget 21 is and understood how this program can help, for example, with the summary reporting of an enterprise.
Installing and configuring the Budget 21 software package for working with the OCDI, compiling summary reporting of the organization.