ERP systems can synthesize financial reports for businesses.
VAS is integrated in ERP software
Foreign ERP software companies are applied according to international accounting standards. Therefore, if ERP is applied to businesses that need to report financial statements according to Vietnamese regulations, it will not be applied without editing the system. We have developed a VAS module designed according to Vietnamese accounting standards integrated with foreign ERP systems to ensure system integrity. Information inherited from transactions arising in each department will be accounted for according to Vietnamese accounting standards. Here is how to get accounting accounts to financial statements according to Circular 200 currently applied in Vietnam:
Balance sheet
Business results table
Cash flow statement
Benefits of applying ERP system with the ability to meet Finance - Accounting subsystem
- Large storage space, storing a lot of detailed information with segments divided according to the tracked object.
- Accounting for detailed entries of each transaction is done automatically, the accountant is only the person who checks the documents and the accuracy of the information entered into the system. Accounting at this time is more of a review than a synthesis, data entry, checking takes a lot of time and information often comes late, there is no immediate data for the management to grasp the business's operating situation.
- Statistical reports, analysis and pricing allocation methods, etc. have been calculated by the system as soon as the data is recorded in the accounting books. Therefore, management reports are no longer a difficult problem that businesses have to wait for data when accounting software cannot do it like on ERP.
We are the pioneers in deploying ERP software in Vietnam, representing and providing solutions for major companies among the world's best ERP providers such as Infor, Epicor, ... with more than 15 years of experience. We are confident that we can build an ERP management system suitable for your business operations, contact us for advice and demo solutions today.
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