Background
According to China's fiscal and taxation
policies, financial accounting for foreign-invested
enterprises operating in mainland China must implement PRC
GAAP, and financial software must meet certain conditions
before they can be accepted by the local taxation
authorities. However, many multinational companies will use
the parent company to use the financial software to record
the business of branch offices in China to facilitate global
business and report management, and system maintenance. So
in meeting the Chinese accounting standards, it is often
difficult to deal with. Does your business have
non-compliance?
- Accounting subjects adopt IFRS / US GAAP and other international standards
- Non-Chinese as the financial record language
- Revenue recognition does not meet PRC GAAP or local tax requirements
- Non-RMB is used as standard currency for bookkeeping
Overview
To solve China's local financial compliance
issues and avoid potential policy risks for multinational
companies that use globally unified ERP / financial systems
in China. Using the ERP / financial system data, according
to business transformation rules, through the localization
of financial solutions to optimize the deal directly to
provide enterprises can rely on the day-to-day management
system, and generate tax, audit and management required for
a variety of Chinese statutory reports, vouchers, books and
so on. At the same time, with the financial localization of
the solution generated GB / T19581-2010 electronic data
files, enterprises can successfully pass the financial
software for the record.
Features
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Tight integrationTight integration with ERP / financial systems, easy access to data, simple creation of Chinese accounts
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Real-time synchronizationReal-time synchronization of Chinese data and ERP / financial system data, without manual conversion, accurate and efficient
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B / S architectureSupport for multi-branch, complex organizational structure, multi-company, multi-A / C set mode
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Flexible queryThe Chinese side of the account data query flexible and convenient accounting adjustments to meet the daily tax, audit needs
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Customized reportsSupport for customized reports, high-speed generation of various reports, support for multiple concurrent mode
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Master Data SharingSupport for data rights, role permissions, and multidimensional analysis of shared centric architectures
Financial localization solution
for multinational companies in China to provide
close to local practice requirements of
high-quality user experience, so that
enterprises not only in response to external
compliance worry, but also access to the group's
unified, reliable Chinese accounting platform.
- Increase efficiency - effectively improve the efficiency of the financial sector, improve productivity
- Risk aversion - Avoid all policy risks and improve credit rating
- Reduced costs - significantly reducing the financial and human resource costs
Lite version reach
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