UK "Maksus" automates preparation of the reporting under IFRS

On September 26, 2013 the Homnet Consulting company announced implementation "MAKSUS management company of the modern software product – "To Homnet: IFRS".

Project Objective

Before company management there was a need to reduce reporting terms according to IFRS. Therefore responsible persons of the company made the decision to refuse use of tables of Excel and to pass to more effective system. Analyzing the market the choice stopped on a product "Homnet: IFRS".

Project Progress

System implementation "Homnet: IFRS" it was performed by own forces of specialists of "MAKSUS" (introduction of the chart of accounts of the international accounting, setup of a mepping, setup of financial statements, data transfer from the old accounting system).

Specialists of integrator carried out completion of a system according to requirements of MAKSUS company: the possibility of recalculation of separate articles of the report constructed by means of "The universal designer of reports" of a system "by Homnet is implemented : IFRS", by a historical exchange rate with simultaneous issue of information on other articles on a fixed rate.

As a result is available for the customer:

• accounting and obtaining reporting under the IFRS standards:

• multicorporate accounting

• multiple currency accounting

• possibility of switching of an interface language, including OSV and cards of the accounts/reporting – Russian/English

• the flexible chart of accounts, opportunity to change it

• flexible reporting system, opportunity to change it under the needs.

Sergey Danilov, the Chief information officer "MAKSUS management company, noted: "The fact that all reporting prepared in a system "by Homnet was of particular importance : The IFRS", without additional costs can be output both in Russian, and in English. "Homnet: IFRS" – the replicated product. At release of updating of programs by 1C Company we quickly receive updating of both standard functionality, and the solution "Homnet: IFRS".