Group 1 - The Ministry of Finance and nine other departments issued a notice promoting the application of electronic voucher accounting data standards, marking a new phase in the standardization and paperless construction of accounting information in China [1] - The notice requires pilot units that have not completed the full electronic voucher processing to enhance their application efforts and promote comprehensive use of the electronic voucher accounting data standards [1] - For units not involved in the pilot, they are encouraged to learn from the pilot experiences and gradually implement the electronic voucher accounting data standards [1] Group 2 - The notice emphasizes the importance of upgrading accounting software to meet the electronic voucher accounting data standards within three years of the implementation of the regulations [1] - The promotion of electronic voucher accounting data standards is significant for guiding enterprises in digital transformation, reducing costs, and enhancing efficiency [1] - It also aims to promote green development by reducing paper consumption and carbon emissions, while preventing financial fraud through verifiable data [1] Group 3 - HeSi Archives, a leading financial management platform, has developed a comprehensive solution for paperless management, helping clients achieve financial and operational integration [2] - HeSi Archives has initiated pilot projects with various state-owned enterprises and large listed companies to adapt to the electronic voucher accounting data standards [2] - The platform provides multiple solutions to address the challenges of electronic voucher implementation, ensuring compliance and maximizing the value of accounting data [5][9] Group 4 - HeSi Archives offers a "complete evidence chain integrity solution" that automates the assembly of core accounting vouchers, ensuring compliance and reducing the workload for financial personnel [9] - The platform supports multi-role online access for document review, allowing for detailed and efficient management of accounting archives across different locations [11] - Over the past two years, HeSi Archives has assisted over 200 enterprises in transitioning from paper to electronic accounting archives, saving an average of 90% in management costs and achieving 100% compliance [13] Group 5 - HeSi has launched a collection of practical case studies on electronic accounting archives, recommended by experts from the Chinese Academy of Fiscal Sciences, detailing the challenges and successes of digital transformation across various industries [15]

Core Points - The Ministry of Finance and nine other departments have issued a notice to promote the widespread application of electronic voucher accounting data standards across the country, addressing challenges in the digital transformation of accounting practices [1][2] - A pilot program from 2022 to 2024 has been initiated, focusing on commonly used electronic vouchers such as digital invoices and electronic tickets, with over 200 million compliant electronic vouchers processed [1][2] - The initiative aims to enhance efficiency in economic activities by standardizing data, reducing paper usage, and improving the overall level of accounting information technology [3] Group 1 - The notice aims to resolve issues related to the transition from paper to digital vouchers, including difficulties in receipt, reimbursement, accounting, and archiving [1][2] - The pilot program includes 436 receiving units and nearly 60,000 accounting entities, indicating significant participation and potential for scalability [1] - The program's success has led to the establishment of conditions for broader implementation of the standards [1][2] Group 2 - The promotion strategy emphasizes tailored approaches based on local conditions and requires participating units to enhance their electronic voucher issuance and processing capabilities [2] - Specific arrangements have been made to improve the electronic voucher accounting data standard system and streamline the delivery channels for electronic vouchers [2] - The application of these standards is expected to free business and finance personnel from repetitive tasks, promote digital transformation, and reduce costs and carbon emissions associated with paper usage [3]

Core Viewpoint - The Chinese government is promoting the application of electronic voucher accounting data standards nationwide to address challenges in managing various electronic vouchers, enhancing efficiency and reducing costs for businesses and public institutions [1][4]. Group 1: Background and Rationale - The shift towards paperless electronic vouchers has been increasing, but the lack of standardized data has made management difficult, leading to higher processing burdens and costs for relevant units [1]. - The initiative aims to resolve issues related to the reception, reimbursement, accounting, and archiving of electronic vouchers, marking a significant step in the digital transformation of accounting practices in China [1][4]. Group 2: Pilot Program and Results - A pilot program was conducted involving high-frequency electronic vouchers such as digital invoices, electronic train tickets, and bank electronic receipts, with participation from 436 receiving units and nearly 60,000 accounting entities [2]. - The pilot successfully processed over 200 million electronic vouchers that met the established standards, validating the scientific and effective nature of the electronic voucher accounting data standards [2][4]. Group 3: Implementation and Tools - The electronic voucher accounting data standards provide a unified technical specification and structured data standard for the entire process of electronic voucher handling, enhancing financial management efficiency and supporting economic development [4]. - To facilitate the adoption of these standards, the Ministry of Finance has released an application guide and various free toolkits to assist organizations in implementing the standards with reduced costs [5][6]. Group 4: Future Directions - Organizations are encouraged to assess their accounting information levels and adapt their systems for the full paperless processing of electronic vouchers, with ongoing support from the Ministry of Finance and local financial departments [6]. - The promotion of these standards is expected to contribute to the digital economy, green development, and the reduction of overall societal costs, while also addressing financial fraud at its source [4].

Group 1 - The core viewpoint of the article is the promotion of electronic voucher accounting data standards across the country, aiming for a paperless process in handling various high-frequency electronic vouchers [1][2] - The Ministry of Finance and other nine departments have conducted pilot projects from 2022 to 2024, involving 436 units and nearly 60,000 accounting entities, successfully processing over 200 million electronic vouchers [1] - The standardized electronic vouchers are characterized by reliable sources, authentic information, and cross-verifiable data, providing technical assurance for the authenticity of financial data [1] Group 2 - The implementation of electronic vouchers will enhance efficiency and promote green development by enabling a fully paperless process for receiving, reimbursing, accounting, and archiving [2] - A unified electronic voucher standard will simplify data exchange processes between financial institutions and corporate clients, improving service efficiency [2] - All units are required to complete accounting software upgrades by January 1, 2028, to meet the electronic voucher accounting data standards, addressing long-standing challenges in the financial digital transformation [2]

Core Viewpoint - The company, BoSi Software, is actively responding to the new electronic voucher accounting data standards issued by the Ministry of Finance and other departments, aiming to provide comprehensive solutions for enterprises and institutions to implement these standards effectively [1] Group 1: Company Overview - BoSi Software's president, Wang Yanbao, introduced the electronic voucher policy during a recent investor meeting, highlighting the company's commitment to adapting its services to meet the new standards [1] - The company has successfully implemented electronic voucher-related products in over 6,000 budget units and enterprises, covering various administrative levels across more than 10 provinces and 50 cities [1] Group 2: Services Offered - The company provides personalized system adaptation solutions for different units, enhancing the efficiency and accuracy of financial processing through automation and standardization [1] - BoSi Software has developed platforms for issuing and distributing electronic vouchers, ensuring data security and integrity throughout the process [1] - A professional service team is in place to offer technical consulting, implementation guidance, and training to ensure smooth adoption of the new standards [1] Group 3: Future Outlook - The company plans to increase resource investment and market expansion in the electronic voucher sector, focusing on providing comprehensive, paperless solutions for enterprises and institutions [1] - The company aims to strengthen its SaaS operational model and expand the application of electronic vouchers at various administrative levels, establishing a solid foundation for future revenue growth [1]

Group 1: Investor Relations Activity - The investor relations activity involved various funds and securities companies, including Penghua Fund, Huaxia Fund, and China Life Insurance, among others [1][2]. - The meeting took place online on May 19, 2025, from 20:30 to 21:30 [2]. Group 2: Electronic Voucher Promotion Policy - The company actively responds to the notice on promoting the application of electronic voucher accounting data standards, providing comprehensive solutions for enterprises and institutions [3]. - The company offers personalized system adaptation solutions for different units, enhancing efficiency and accuracy in financial processing [3][4]. Group 3: Service Offerings - The company provides seamless integration solutions for administrative units using budget management systems, ensuring compliance with financial management standards [4]. - Platforms developed by the company support the issuance and processing of compliant electronic vouchers, enhancing data security and integrity [5]. Group 4: Professional Services and Training - A dedicated service team is established to provide technical consulting, implementation guidance, and after-sales support for various units [5]. - Training activities will be organized to improve the skills of financial and information management personnel regarding the application of electronic voucher standards [5]. Group 5: Future Development Outlook - The company plans to increase resource investment and market expansion in the electronic voucher sector, focusing on providing comprehensive solutions [6]. - The company aims to enhance its SaaS operational model and expand platform applications at provincial and municipal levels [6]. Group 6: Current Progress in Administrative Units - The company has successfully implemented electronic voucher products in the Ministry of Finance and multiple provinces, serving over 6,000 budget units and enterprises [7]. - The services cover five levels of application, including central, provincial, municipal, district, and street levels, across more than 50 cities and counties [7][8].

Core Viewpoint - The Ministry of Finance and other departments are promoting the application of electronic voucher accounting data standards nationwide to facilitate a paperless process for electronic vouchers, addressing challenges in receiving, reimbursing, recording, and archiving these documents [1][3]. Group 1: Implementation of Electronic Voucher Standards - A joint notification was issued by nine departments to standardize electronic voucher accounting data, providing a unified technical specification and structured data standards for electronic vouchers [1][3]. - The electronic voucher accounting data standard supports various structured data formats, including XML and XBRL, allowing for direct processing without conversion [1]. Group 2: Pilot Program and Results - From 2022 to 2024, a pilot program was conducted to test the electronic voucher accounting data standards, focusing on frequently used electronic vouchers such as digital invoices and electronic tickets [3]. - Over 200 million electronic vouchers have been processed in a paperless manner that meets the established standards during the pilot [3]. Group 3: Benefits of Standardization - The promotion of electronic voucher standards is expected to reduce costs associated with printing and storing paper documents, contributing to lower carbon emissions and supporting green development [3]. - The initiative aims to resolve issues related to the difficulties in receiving, reimbursing, recording, and archiving electronic vouchers, enhancing efficiency for users [3]. - It also aims to prevent financial fraud from the source and improve regulatory oversight of economic activities, thereby maintaining social and economic order [3].

Core Viewpoint - The Ministry of Finance and eight other departments have jointly issued a notice to promote the application of electronic voucher accounting data standards nationwide, aiming to resolve issues related to the acceptance, reimbursement, and accounting of electronic vouchers, thereby facilitating a paperless process [1][2]. Group 1: Implementation Strategy - The notice emphasizes a tailored approach, encouraging units to assess their accounting information technology levels and develop strategies based on their specific characteristics, size, and technological capabilities [2]. - It aims to consolidate pilot results and provide precise guidance for both issuing and receiving units, ensuring the standardization and paperless processing of electronic vouchers across all stages [2]. - A multi-level collaborative service support system will be established to enhance policy coordination and communication among departments, ensuring the effective promotion of the electronic voucher accounting data standards [2]. Group 2: Software and Environmental Impact - By January 1, 2028, accounting software used by units must be upgraded to meet the electronic voucher accounting data standards, facilitating comprehensive application of these standards [3]. - The promotion of electronic voucher accounting data standards is expected to reduce printing and storage costs associated with reimbursements, effectively lower carbon emissions, and contribute to green and low-carbon development [3]. - The initiative aims to address challenges related to the acceptance, reimbursement, accounting, and archiving of electronic vouchers, enhancing public convenience and improving the overall experience for citizens [3]. Group 3: Future Directions - The Ministry of Finance plans to collaborate with relevant authorities to ensure the effective promotion of electronic voucher accounting data standards, focusing on meeting grassroots needs and enhancing public satisfaction [3].

Core Viewpoint - The promotion and application of electronic voucher accounting data standards aim to address challenges in receiving, reimbursing, and archiving electronic vouchers, thereby enhancing the efficiency and reliability of accounting processes in the digital economy [2][15][16]. Group 1: Significance of Promoting Electronic Voucher Accounting Data Standards - The electronic voucher accounting data standard provides a unified technical specification and structured data standard for the processing of electronic vouchers, facilitating their direct use in all stages of receiving, reimbursing, accounting, and archiving [2][16]. - This initiative supports the digital transformation of accounting functions, reduces the need for paper documentation, lowers transaction and storage costs, and contributes to green and low-carbon development by decreasing carbon emissions [2][16]. - It enhances the authenticity and reliability of accounting information, enabling efficient supervision of economic activities and preventing financial fraud [2][16]. Group 2: Work Principles and Goals - The implementation follows the principles of "adapting to local conditions and classified policies," aiming to widely apply the electronic voucher accounting data standard across the country [3][4]. - Units that have participated in pilot programs are encouraged to enhance their capabilities in issuing electronic vouchers and to expand the coverage of full-process handling [3][4]. Group 3: Work Content and Requirements - The electronic voucher accounting data standard currently supports various formats, including XML and XBRL, for different types of electronic vouchers, and the Ministry of Finance will continue to develop and refine the application guidelines [5][6]. - Units are required to ensure that their accounting software is upgraded within three years to meet the standards for electronic voucher processing [4][5]. Group 4: Organizational Support - The Ministry of Finance will establish a maintenance team to optimize the tools and functions related to the electronic voucher accounting data standard, ensuring its effective promotion and application [11][12]. - There will be a focus on policy coordination among relevant departments to address issues arising from the promotion of electronic voucher standards [12][19]. Group 5: Training and Awareness - Regions and departments are encouraged to enhance policy promotion and training to improve understanding and capabilities related to the electronic voucher accounting data standard [13][19]. - Accounting software service providers are expected to assist users in mastering the processes and operations related to electronic voucher handling [13][19].