Investment Bank Sinara and Gazenergobank automate income tax calculation with R-Style Softlab

2021: Implementation Agreement "RS-FinMarkets: ARNU for Bank's Profit"

Investment Bank Sinara (PJSC SKB-Bank) and JSC Gazenergobank entered into an agreement with R-Style Softlab for the introduction of "RS-FinMarkets: ARNU on the bank's profit" to automate the calculation of income tax on operations in financial markets on their own behalf and at their own expense. This became known on October 13, 2021.

The Investment Bank of Sinara and Gazenergobank will implement analytical registers of tax accounting (ARNU) in storage mode, integrated into the IT infrastructure of financial organizations.

As a result of the project, we plan to automate the work of employees involved in calculating the tax base for preparing an income tax return, "said Alexander Smelsky, director of the IT platform development department. - Investment Bank Sinara is going to increase the volume of transactions, and we want to optimize our work with the support of R-Style Softab.

Our portfolio of projects has experience in implementing functionality in ARNU and its integration with the systems of other vendors, "said R-Style Rinat Karimov ON RS-Bank Softlab, Deputy General Director and Director of the Banking Department. - We have to carry out similar projects in two at once. banks We have already begun work in Gazenergobank. Until February 2022, we plan to fully automate the calculation of income tax in terms of operations in financial markets: to perform sequential loading for data tax accounting from the system established in the bank and reconciliation of tax statements for the year.