Accounting Automation

Parallel Russian and International Accounting Automation

The implementation of the automation systems for parallel accounting under the Russian (RAS) and under the international standards (US GAAP, IFRS), as a rule, is carried out in accordance with the following procedure:

 

  • inspection of the corporate accounting standards;

  • inspection of the enterprise;

  • recommendations for the optimal automation system choice according to the customer business structure;

  • implementation of the automation system:

    • charts of accounts adjustment:

      • Russian;

      • corporative;

      • mapping;

    • development of the analytical structure of the accounts;

    • adjustment of the model entries for the booking in:

      • the Russian and the international books at once;

      • the Russian book only;

      • the international (corporative) book only;

    • adjustment of financial statements:

      • Statement of Financial Position (Balance Sheet);

      • Statement of Financial Performance (Income Statement or Profit & Loss Statement);

      • Statement of Cash flow (Cash Flow Statement);

      • Statement of Change in Equity (Statement of Shareholders' Equity);

      • Notes;

    • development of the data input procedure;

    • personnel training on work with system;

    • if necessary – target setting to developers on:

      • accounting software overpatching;

      • integration of the accounting software with the special programs (client-bank and billing systems, etc.) used. 

 

Accounting Automation of Foreign Corporations Working in Russia

 

On the one hand, implementation of western ERP systems in the representative office is very expensive. On the other hand Russian accountants well know the native 1C:Enterprise software series. Thereby for accounting automation in rep-offices Ray Consulting elaborated the following program products by means of changing the Russian chart of accounts to the corporative one on the 1C:Enterprise 8 platform.

Внедрение систем автоматизации бухгалтерского учёта для иностранных компаний аналогично внедрению систем параллельного учёта (но без организации российского учёта).

 

Russian Accounting and Tax Automation

 

The implementation of Russian accounting automation systems, as a rule, is carried out in accordance with the following procedure:

 

  • inspection of the enterprise;

  • recommendations for the optimal automation system choice according to the customer business structure;

  • implementation of the automation system:

    • chart of accounts adjustment;

    • development of the analytical structure of the accounts;

    • adjustment of the model entries;

    • Russian financial and tax statement adjustment;

    • development of the data input procedure;

    • personnel training on work with system;

    • if necessary – target setting to developers on:

      • accounting software overpatching;

      • integration of the accounting software with the special programs (client-bank and billing systems, etc.) used.

 

Automation of Foreign Trade

RayCon Foreign Trade software is designed to automate international currency payments and exchange control doc flow in accordance with the current currency legislation of the Russian Federation. More information about the program can be found on the page: Program - Foreign Trade.

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