BIT: Leasing Management Center

2013: Line of solutions "Leasing Management Center"

Leasing Management Center is a specialized line of accounting automation solutions for leasing companies.

The leasing organization may use a software package to automate accounting for all transactions with the company's leased fixed assets, keeping records of foreign exchange transactions, accounting and tax accounting, managing lease agreements, etc.

The software package was developed using many years of experience in automation of Russian companies.

The line of solutions "Leasing Management Center" includes (as of October 2013):

• "The Leasing Management Center. Accounting "

Comprehensive solution for automation of accounting and tax accounting in a leasing company in accordance with the legislation of the Russian Federation.

• "The Leasing Management Center. Standard "

System for automation of accounting for financial and economic activities of leasing companies.

• "The Leasing Management Center. KORP "

Universal financial management tool for the corporate sector. An extended version of the Standard solution that allows you to maintain all types of accounting in one system. An ideal solution in the case of obtaining actual data from the accounting system (RAS). The system implements the accounting model as per. IFRS It is also possible to implement any accounting model built on the principle of a double record. Automated work with analytical reporting, solved the tasks of consolidation of reporting.

2012: Issue "BIT: Leasing Management Center "

The company 1C":Accounting and" Trade("First BIT") announced in March 2012 the release of a new product "BIT-TradeSoft: Leasing Management Center" (now "BIT: Leasing Management Center") to automate accounting for the financial and economic activities of leasing companies. The leasing organization may use a software package to automate accounting for all transactions with the company's leased fixed assets, keeping records of foreign exchange transactions, accounting and tax accounting, managing lease agreements, etc.

Key features of the BIT: Leasing Center solution:

• Automation of lease contract management: maintenance of contract cards, accounting and control of obligations under contracts, formation of printed forms of primary documentation (contracts, acts, invoices, power of attorney, payment orders) under contracts;
• Calculation of leasing schedules using the leasing calculator built into the system;
• Generation of electronic documentation based on MS Word templates;
• Automation of management of contract packages accompanying the leasing transaction;
• Maintaining applications to the credit committee;
• Calculation and maintenance of credit transactions;
• Calculation of the lessor's debt change schedule;
• Formation of management financial statements.

The program makes it possible to create an automated workplace for managing a lease agreement (the "Leasing Transaction" document), automate the calculation of lease payments, maintain and track payment schedules and cash flows. The program also allows you to form a "plan-fact" for analyzing the implementation of lease payment schedules both for each lease agreement separately, and with the possibility of combining results for selected contracts (for analyzing related transactions or for a group of companies).

Implementation results:

• Automation of accounting for all transactions with fixed assets leased;
• Automation of lease payments calculations, maintenance and tracking of payment schedules and cash flows;
• Creation of documentation and reporting forms based on external templates;
• Automation of lease contract management: maintenance of contract cards, accounting and control of obligations under contracts, formation of printed forms of primary documentation (contracts, acts, invoices, power of attorney, payment orders) under contracts;
• Maintaining full accounting and tax records in accordance with the configuration "1C: Enterprise Accounting Department 8.2."

Compatibility: "1C: Accounting 8" PROF.

Advantages:

• The presence of a "Leasing Transaction" - a single center for managing a leasing agreement at all stages of its life;
• The existence of a "Credit Transaction" - a single center for managing a loan agreement at all stages of its life;
• Automated control of limits on client financing;
• Multi-user access to the "Leasing Transaction" document;
• Revised accounting and tax accounting taking into account the specifics of leasing companies;
• The availability of a line of software products to solve the necessary automation problems;
• Integrated software products of the BIT: Finance line (for the version of PROF and KORP);
• Integration with the Gerold-1 Customer Notification Complex and the Receivables Management Complex.

The program solves the following problems:

• Automation of the workplace for leasing agreement management;
• Calculation of leasing schedules using the Leasing calculator built into the system, customizable for any, even the most complex calculations;
• Generation of electronic documentation based on MS Word templates;
• Automation of management of contract packages accompanying the leasing transaction;
• Maintaining applications to the credit committee; Calculation of the schedule of changes in debt of lessees;
• Management financial statements; Automation of accounting and tax accounting on the basis of the 1C: Accounting 8 program;
• Fixation of the case and the possibility of creating several calculations per case;
• Accounting of advances;
• Control of the lessor and lessee payments status in the "Leasing Transaction" document;
• Multi-user desktop of the leasing transaction - the ability to work with the document "Leasing transaction" of several users at the same time;
• Early buyout schedule;
• Possibility of sending offers from 1C by e-mail;
• Construction of a schedule of accruals depending on the profitability model;
• Accrual and cancellation of the lessee's debt upon cash flow;
• The ability to store several accrual schedules;
• Calculation of% accrual on loans received.

Maintenance: Paid consulting and program update.