JSC ATS automates products cost accounting

The 1C: Accounting and Trade company (BIT) completed an implementation project in JSC ATS company of the solution "BIT: Treasury and Budgeting".

Start

For conducting biddings by the electric power of JSC ATS uses a specialized software. A system which will allow to automate management accounting according to specifics of business and will be integrated with own product was required for the company. Due to the development of JSC ATS the decision on software implementation for automation of formation of an electricity rate of JSC ATS regulated and management accounting was made.

Solution

As a result of product introduction "BIT: The treasury and Budgeting" are automated basic processes of financial accounting: planning of funds of the company, cost accounting of a unit of production (rate for service in the organization of trade in electrical energy). The uniform centralized treasury for control of a funds expenditure is created.

Result

Opportunity on the basis of summary information of different budgets to obtain exact data on the cost of a unit of production and more effectively to control profitability of the enterprise became the main result for JSC ATS.

Result

Using a system the budget model used in the company is completely automated. On the basis of each budget the form of filling of information, approval and a statement is developed. For example, for budgeting of investments and amortization an opportunity to predict acquisition of fixed assets and intangible assets in the next period is implemented. In a project deliverable it is provided exact and operational forecasts of investment soundness and sales volume of the electric power.

Opinion

About the project Ekaterina Sidyakova, chief of JSC ATS planned budget department:

"The automated system helped to reduce labor costs and, as a result, to reduce the probability of emergence of errors when forming financial plans and calculating a rate for service of JSC ATS. Calculation includes an algorithm of consolidation of planned costs of the company of a future period and also actual expenses of the organization for previous periods which was successfully implemented in a system. The project is executed within two months".