Generalized financial management system does not include

Financial management system has two meanings: broad sense and narrow sense. Generalized financial management system includes budget management system, tax management system and financial management system.

The financial management system in a narrow sense only refers to the budget management system. Budget management system is the fundamental system to determine the responsibility and authority of budget management between the central government and local governments and local governments at all levels, and it is an important part of financial management system.

In practical work, when it comes to the financial system, it generally refers to the budget management system. The core problem of budget management system is the division of revenue and expenditure between governments at all levels. China's budget management system has been reformed many times. Generally speaking, it is in accordance with the principle of "unified leadership and hierarchical management", from a highly centralized management system to the gradual implementation of various forms of hierarchical management system. China's current budget management system is a tax-sharing financial system implemented since 1994.