Homnet: NFO

Homnet: NFO is the flagship solution of Homnet Consulting, designed to automate accounting for EPU and the process of preparing reporting in accordance with OSBU. This is an independent software product developed on the basis of the accounting unit included in the solutions "1C: Accounting CORP," "1C: Holding Management" and others. The solution architecture ensures preparation of the Bank of Russia taxonomy indicators for the NFO.

2020: Inclusion in the register of domestic software

On June 26, 2020, the Khomnet Group of Companies announced that the software products Khomnet: NFO and Khomnet: XBRL, developed by Khomnet Group of Companies, were included in the Register of Domestic Software by order of the Ministry of Telecom and Mass Communications of the Russian Federation.

The register of Russian software was created in 2016, its goal is to expand the use of Russian software and provide state support to its copyright holders.

The software products "Homnet: NFO" and "Homnet: XBRL" allow you to create systems for conducting NFO activities in full compliance with the Regulations of the Central Bank of the Russian Federation.

Homnet: NFO is designed to automate accounting for EPU and prepare reporting in accordance with OSBU. The solution is "XBRL-oriented," its architecture ensures the preparation of the Bank of Russia taxonomy indicators for the NFO for the subsequent preparation of reporting in a single XBRL format.

The Homnet: XBRL module is designed to prepare a full reporting package (BFO, NSO) in XBRL format and is an extension to the Homnet: NFO solution.

The solutions meet the latest market requirements and modern technologies, have great functionality, have a convenient and understandable interface, which makes them easy to use.

2017: Features and opportunities "Homnet: NFO"

Features and capabilities of the program for 2017:

• Accounting at the EPU, in accordance with the OSBU;
• Formation of accounting (financial) reporting forms;
• Formation of supervisory reporting forms;
• Consolidation in accordance with IFRS;
• Maintaining corporate accounting in accordance with IFRS.

Functionality:

• Accounting at the EPU by the method of translation * of transactions according to RAS to the OSBU with pre-configuration (case) of the EPU and analyst;
• Administrative and economic activities;
• Financial instruments;
• Trust management;
• Tax accounting;
• Report designer with preliminary settings for the formation of accounting (financial) statements of the NFO according to OKUD.

2016: Description "Homnet: NFO"

"Homnet: NFO" is an appendix with reporting forms in accordance with industry standards of the Central Bank and a chart of accounts for non-bank financial organizations.

The solution contains a complete set of accounting forms approved by the Central Bank of the Russian Federation, which are filled out according to the data of a single chart of accounts. From January 1, 2016, insurers and NPFs need to maintain accounting records according to the new chart of accounts and industry standards.

The solution is based on the reporting automation products IFRS used by the company since 2005. As part of Homnet: NFO, the methodological development "Financial (accounting) reporting for a non-bank financial institution." It consists of:

• Single Chart of Accounts (EP) of a non-bank financial institution (NFO),
• Tables of correspondence of accounting accounts (PBU) and accounts of the new chart of accounts of the NFO,
• List of reporting forms for NFOs with algorithmization based on a single chart of accounts.

"The set of forms includes the main forms for NFO and disclosure to the main forms. Flexible update mechanisms allow Homnet Consulting specialists to update the rules for filling out and composition of reporting forms according to changes made by the Bank of Russia on various customer information systems. Due to the fact that the solution is an additional subsystem that is embedded in any client database in 2 weeks and leaves its current functionality typical, the update is carried out in a short time and eliminates the risk of disruption of the system, "- Evgeny Mezentsev, leading expert at Homnet Consulting.

As of February 16, 2016, reporting forms were added to the typical product "Homnet: NFO."

Industry standards are based on IFRS and regulate the composition of accounting (financial) statements for NFOs.