References

By leading innovation of administration and finance business in regional education following introduction of new budget and accounting systems, we pursue enhanced objectiveness and transparency of finance in regional education.

Based on budgeting system by project and accrual basis double entry accounting system, we established an integrated system which enables compilation of budget request, systemic management of budget allotment, one-stop process from spending to settlement, financial report completion via automatic journal posting, customized financial analysis and work process in connection with associated agents.

- Composed of 6 areas, 16 unit systems, and 56 sub-business systems for administration and finance business support in regional education, it is an integrated system which can unit project card-based budgeting and execution applying finance and function classification system for regional education (BRM).
Unit business management area including performance and knowledge management, school initiation and student enrollment plan
Budgeting area including intermediate-term finance plan, grant and budget management, labor cost/school operation and cost/allowance for short finance of private school.
Accounting area including income, expense, revenue/expenditure, pooled assets, capital management and school accounting.
Consolidated settlement area including budget settlement, financial settlement and consolidated budget balance.
Financial analysis and statistics area including project information analysis, cost management and customized statistics.
Link between G2B of the Public Procurement Service and Ministry of Strategy and Finance.
Electronic financing system for income and expense businesses (EFT, school banking, CMS).

- With progression and performance analysis of major projects, high quality policy can be made, while customized education finance analysis supports rapid decision making.

Process automation from finance planning to closing enhances efficiency and reduces burden of various report completion such as statistics.

Easy budget and settlement review and convenient performance analysis by policy project are achieved.

Various services are provided which can identify education finance information clearly and easily and expand participation of education demanders, as well as school payment receipt is provided to parents.