1C-Rarus: Financial Management

The main purpose of the 1C-Rarus: Financial Management software complex is corporate finance management.

2023: Version 3.0 received "1C: Compatible" certification

The software product "1C-Rarus: Financial Management," ed. 3.0, received the certificate "Compatible! Program system 1C: Enterprise. " Since the last certification, product improvements have been made based on user recommendations. The 1C-Rarus company announced this on February 28, 2023.

1C-Rarus: Financial Management is an addition to the KORP Enterprise Accounting configuration. 1C Rarus has increased the standard functionality for accounting with improvements in terms of financial management accounting.

"1C-Rarus: Financial Management" is intended for budget planning and management reporting derived from accounting data.

1C: Compatible certification confirms product quality and compatibility with other 1C programs. The certificate is valid for 2 years. For each recertification, the necessary documentation is prepared and the product is tested for compliance with the requirements for configurations developed in the 1C: Enterprise environment.

Since the last certification, the following user wishes have been implemented:

• Additional reports on the analysis of reflected information, both in the IFRS block and budgeting, have been developed: "Document Reflection Analysis," "Posting Translation Reports," "Mapping Setup Reports." It has become more convenient for users to track the correctness of the translation of data from accounting to management accounting.
• Budget analysis has been added to the Budgeting subsystem. Users received a tool for analyzing and adjusting the mechanisms for allocating budgets between responsibility centers (CFOs).
• Created a single window for working with the Budgeting subsystem. In the interface of the automated workplace, the organizational structure, the Central Federal District was assembled, it became possible to maintain budgets, track key indicators and form a comparative analysis report.

2021: Functionality of 1C-Rarus: Financial Management 3

According to the information for February 2021, the 1C-Rarus: Financial Management 3 program allows you to organize budget planning, control revenues and expenses, use your own funds and attracted investments. The implemented mechanisms optimize the company's work: they will increase its transparency for internal and external audits and increase the investment attractiveness of the business.

The functionality provides the solution of a wide range of tasks of the financial service, planning and economics departments, accounting:

• maintenance of regulated accounting according to RAS;
• operational accounting under international standards (IFRS, GAAP);
• budget planning and control;
• management of cash flow and liquidity of the organization;
• formation of consolidated financial statements;
• self-development of reporting kits.

"1C-Rarus: Financial Management 3" is an integrated solution based on "1C: Enterprise Accounting" the company's own developments. " The 1C-Rarus solution takes into account the long-term experience of 1C-Rarus on the implementation of accounting, accounting systems in accordance with, IFRS budgeting and management of contract work processes.