NetByNet implements "Homnet: IFRS" on the 1C: Enterprise 8.2 platform

Specialists Homnet Consulting started the project of creation of the unified information system on the 1C: Enterprise 8.2 platform in the Russian telecommunication company "NETBYNET Holding" where software products "will be implemented by Homnet: IFRS" and "1C: Accounting 8 CORP" of version 2.0.

The information system of NETBYNET Holding is constructed on the 1C: Enterprise 7.7 platform and consists of 23 separate databases. Employees keep account in the software products "1C: Accounting 7.7", "1C: Enterprise 7.7. Complex delivery" "1C: Simplified Taxation 7.7", "1C: Production + Services + Accounting 7.7". Management accounting and account according to IFRS is kept using spreadsheets of Excel.

Due to the development and integration of the company the leadership team of NETBYNET Holding made the decision on creation of a new system. As a result of the tender held by the management among the leading partners of 1C Company the decision on the beginning of the joint project with Homnet Consulting company was made.

Within the project specialists Homnet Consulting will create the unified information system on the 1C: Enterprise 8.2 platform and will integrate data on 23 legal entities "NETBYNET Holding". The specialized product "will be implemented by Homnet: IFRS" for the purpose of automation of accounting according to international standards, drawing up the consolidated statements and also conducting management accounting in different analytical cuts.

Specialists Homnet Consulting step by step will perform the following works:

• will set the 1C: Enterprise 8.2 platform;
• will implement the 1C: Accounting 8 CORP program of version 2.0 for automation of conducting accounting and tax accounting;
• will execute data transfer (reference books and a remaining balance on accounting and tax accounting) of information bases on the 1C: Enterprise 7.7 platform in "1C: Accounting 8 CORP";
• will set up the solution "Homnet: IFRS" according to account policy and requirements of the company (will perform tuning of the chart of accounts, rules of broadcast of credentials, report forms);
• will configure Budgeting and Treasury blocks of the program "Homnet: IFRS";
• will provide user training to work in a new system.

"Thanks to project implementation employees of the financial sector will be able to solve in a single system on the new platform "1C: Enterprise 8.2" a set of versatile tasks. In "1C: Accounting 8 CORP" there is an opportunity to keep the end-to-end regulated accounting and tax accounting by divisions of the organization that is of great importance for NETBYNET Holding which part 23 legal entities are. Implementation "Homnet: The IFRS" will allow to make the reporting under international standards, to prepare the consolidated statements on subsidiary companies and divisions and also to keep management accounting and control of the budget that is necessary for successful management of Holding", – Tatyana Zakharova, the chief financial officer of NETBYNET Holding commented.