1C-Rarus: Non-credit financial institution

1C-Rarus: The non-credit financial institution, edition 1 is the accounting system for automation of accounting and tax accounting of non-credit financial institutions on the unified plan of accounts (UPA) according to the current legislation and standards of accounting of the Central Bank of the Russian Federation.

On June 10, 2016 the 1C-Rarus company announced product output "1C-Rarus: Non-credit financial institution, edition 1". ON is intended for professional participants of security market, the management companies operating in business of management of investment funds, mutual investment funds and non-state pension funds for subjects of microfinancial market. At the heart of software functionality of the solutions "1C: Accounting 8 PROF" and "1C-Rarus: Accounting of securities".

The program gives an accounting opportunity on EPS of sections:

• fixed assets and intangible assets,
• bank and cash desk,
• lease,
• the raised and placed money,
• income and expenses,
• settlings with partners,
• advance payments,
• securities.

Since January 1, 2018 professional participants of security markets and the collective investments, except for management companies and also investment, share and non-state pension funds (regarding reflection of transactions of trust management of means of NPF and insurance companies) are obliged to pass to EPS for which transition will begin since January 1, 2017.

Accounting on EPS since January 1, 2018 is obligatory for microfinancial companies, except agricultural credit consumer cooperatives and pawnshops for which date of transition – is recorded on January 1, 2019.

According to 1C-Rarus developers, created by software will facilitate to the companies transition and will help to keep accounting and tax accounting according to accepted standards.