Implementation in Domashniye dengi LLC company of a system "Homnet: IFRS Corporate delivery"

Domashniye dengi LLC is dynamically developing company with a wide branch network. The difficult organization structure creates certain difficulties at collection of information according to IFRS and its further processing. The leadership team of House Money company made the decision on implementation of the specialized software product for conducting managerial accounting and reporting according to the IFRS standards. Based on the tender for project implementation the company "was selected by 1C: Homnet Consulting" and its own development – the software product "Homnet: IFRS Corporate delivery".

Specialists "1C: Homnet Consulting" started creation of uniform information base in which account according to International Financial Reporting Standards will be kept. Works on completion and implementation of the software product "Homnet:" will be carried out by IFRS in three steps:

• automation of parallel accounting and reporting under IFRS and management accounting;
• process automation of Budgeting and formation of Budget forms;
• process automation of Treasury and budget control.

Preproject inspection is complete and works on implementation and adaptation of the software product to needs of the customer are begun. System implementation "Homnet: IFRS Corporate delivery" will allow to automate process receiving forms of the reporting under IFRS and notes to them, process of accounting of payments and budget planning and control. The following areas of accounting will be automated: accounting according to the IFRS standards; formation of the management reporting.; treasury; budgeting.