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Project

Bobst Group reports according to international standards using a new solution

Customers: Bobst Group

Mechanical engineering and instrument making

Product: BIT:IFRS 8

Project date: 2010/05

In "Bobst Group the East", the Russian branch of the Bobst Group company which is engaged in supplies of equipment for the packaging and printing industry is complete product introduction "AT: IFRS 8" on the 1C:Enterprise 8 platform. The project was executed by 1C Company: Accounting and Trade (AT).

According to the client, the selected product has necessary functionality and acceptable cost. The solution does not dictate tough methodology of accounting: rules of broadcast of data of RAS are flexibly configured by the user according to features of the organization.

In a project deliverable broadcast of postings of the Russian standards of accounting for reporting per IFRS is automated that allowed to accelerate preparation of reports several times. Besides, users had an opportunity to keep account in different currencies, to charge depreciation on fixed assets and intangible assets independently according to the Russian and international standards, to calculate exchange differences by the Russian and international charts of accounts, to prepare financial statements.