"Gulliver and To" automates management accounting

On February 6, 2014 announced First BIT project completion on automation of management accounting and budgeting in TD "Gulliver and To" implementation of the BIT .FINANS program.

Project Tasks

For successful implementation of a campaign for business expansion, the customer made the decision on implementation of a specialized automatic control system finance - "BIT .FINANS. Management accounting". The choice of the program is caused by existence of wide functionality which covers a circuit of all production and managerial tasks.

Project Progress

As contractors of the project developers of the program - specialists of The First BIT company acted. At the initial stage booked audit of business processes in TD "Gulliver and To". The received data became a basis for preparation of technical specifications.

Project Results

At the central office the BIT .FINANS program is installed: in 5 workplaces of department of treasury and 8 – economical department.

• Blocks Treasury and Budgeting are implemented.

Regarding calculation of diagrams of financial contracts two mechanisms are implemented:

• automatic transfer of payment with recalculation of the amount for the following/previous working date;
• commission calculation for an unused credit limit on days taking into account issue of several tranches within one month and payment of total amount in a month.

• By means of integration of the bits.FINANSA and programs 1C used in the company (1C: Bukhglteriya 8, 1C: Retail 8, 1C: Trade Management 8) organized operational collecting of the consolidated management reporting from geographically distributed divisions of the company.
• Automatic formation of the budget of fixed asset depreciation (OS) using data sources and a pool of connections is implemented. As a result of automation for 3 hours a day it was succeeded to reduce an interval by payment processing. Processes of formation of payment orders on payment and unloadings of bank statements in accounting bases accelerated.
• The detailed analysis of budget indicators provides timely control of budget implementation, and saves budget controllers from labor-consuming data purification.
• The income and expenditure budget forms automatically on the basis of the calculated operating budgets.
• Operating budgets form by input by users of volumes on the basis of whom automatic calculation of the budget for the regulations provided by department of logistics is made.
• The budget of depreciation is formed automatically by means of the mechanism of data acquisition of the budget for a pool of connections to bases "Enterprise accounting".
• Reflection of the fact on budgets is performed through the document "Obtaining Actual Data" by connection on a pool to bases "Enterprise accounting".