Accor Group (ITAN: Management Balance)

2020: Implementation of the IFRS accounting and reporting model for company requirements AccorHotels

Completed works:

• Regulation of lists of reports, formats, adjustments of IFRS;
• Installation, configuration and connection to the common core of the system "ETHAN: Management Balance" solution "ITAN: IFRS";
• Application of IFRS reporting methods, development financial of IFRS status and balance sheets;
• Pilot operation of the system and maintenance;
• Support, methodological and consulting support;

Results obtained:

• Full picture of the financial and economic state of the business;
• Corporate and individual reporting of the hotel holding for all CIS hotels;
• Auditability, transparency and reduction of reporting time;
• Built a platform for further development of IFRS reporting as well as risk reporting.

2016: IFRS accounting automation based on "ITAN: Management Balance" configurations

The company's management decided to automate accounting under IFRS based on the ITAN: Management Balance configurations.

The IFRS automation project considered an accounting system consisting of several information bases: several peripheral accounting bases operating on the 1C: Enterprise 8 platform, and one central management system, which is completely built on the configuration of the ITAN: Management Balance subsystem and operates on the 1C: Enterprise 8 platform.

The accounting base maintains primary accounting according to RAS standards, the data of which will be uploaded to the management accounting base using special documents "Transoperation (UBI)," which are part of the configuration "ETHAN: Management Balance." For each accounting document, a separate copy of the document "Transaction (UBI)" will be created during the upload, containing all the information necessary for the formation of IFRS postings: buh details values. document, its table parts and movements. Using such a mechanism allows you to connect additional accounting bases to the current scheme, in order to generate IFRS postings based on their data.

According to IFRS accounting data for the month, in addition to the standard accounting reports, two financial reports will be formed: Trial Balance and P&L.