It represents an easily configurable applied solution for automatically maintaining the books of account and generating regulated reports. The software program can be set up as required by national legislation to provide the end-user with a set of standard reports, reflecting the specifics of an enterprise. This also includes the templates of regulated reports and, after they are generated, supports sending them in printed or electronic formats.
The flexibility of “1C:Accounting” allows integrating it with corporate financial systems to maintain double-entry accounting in accordance by IFRS and GAAP, which facilitates entering the CIS markets for international companies that use different accounting principles.
Account for articles of trade, primary materials, and finished goods;
Account for warehouse inventory (quantities and sum quantities);
Account for banking and cash transactions;
Account for commission trade operations;
Account for agency services (on the part of both an agent and a principal);
Account for main and joint products as well as semi-finished goods;
Account for indirect costs (not relating directly to the core business of a company);
Account for VAT, as well as other taxes and charges.
Account for operations related to a manufacturing cycle and trade (receipt and sale of commodities, issuance of invoices to be paid, bills of lading, vouchers; contractual transactions with suppliers and customers returns of goods from a buyer to a vendor, etc.);
Account for settlements under contracts (producing confirmation documents, ensuring an automatic prepayment set-off, accounting for transactions with suppliers and customers that use different types of currencies and monetary units, calculating exchange rates for a specific operation using built-in algorithms);
Account for fixed and intangible assets by automatically performing the main accounting operations, such as entering into inventory, stocktaking, calculating depreciation, writing off, and modernization;
Accounting journal entries are made rapidly and accurately, and reports are generated almost immediately and in the necessary format;
Standardized routine operations are executed automatically, which allows controlling the company’s business processes and activities;
Financial records are transparent, trackable and comparable with those for other accounting periods;
The system is flexible, has convenient navigation; provides data visualization displaying of which is customizable;
Any errors made when preparing documents can be easily corrected;
Personalized setup in accordance with users’ functional roles and individual preferences is available;
Accounting using different principles, including the harmonization with international standards, is made possible;
Existence of the interfaces for both new and experienced users leads to a higher speed and efficiency in performing its functions by an accounting department;
User-friendliness, remote access option, enabled autonomous work — all this in combination with tooltips makes the applied solution a real aid for accountants;
Service and implementation
