The R/3 system meets US accounting requirements ( US-GAAP) and international accounting requirements ( IAS ), as well as the legal requirements of over 40 industrialized nations.The FI application component guarantees that these regulations are met, which is an essential requirement for the system's international use.
R/3's integrated systems ensure that accounting data is automatically updated.Business process that occur within logistics, such as goods receipts and shipments, trigger automatic postings, taking into account fiscal and corporate law restrictions.
The availability of a number of accounting-related functions that can be called up via the internet ensures that the R/3 System is effectively integrated in the global market of the internet. The SAP R/3 workflow function helps to define periodically recurring tasks, assign them to the appropriate areas, and ensure deadlines are met.
All business transactions are recorded in the R/3 System according to the document principle.This permits a seamless audit trail from the balance sheet to the individual documents themselves. Immediately after posting, you can process account displays, totals, and account balances on the screen, as well as analyses of the financial statement.
To satisfy national statutory requirements, the system allows you to use up to three parallel currencies in the ledgers of foreign subsidiaries. Every business transaction is recorded at historical value from local, corporate group, and hard currency perspective. SAP's R/3 system also enables you to comply with European Monetary Union requirements when converting from the local currency and during the dual currency phase.The system provides automatic functions that evaluate foreign currency, reclassify information, and list receivables and payable according to due date. This helps you to prepare annual and monthly closing.
Delphi Computech offers Classroom training and Online training. For more details always visit: www.delphicomputech.com
R/3's integrated systems ensure that accounting data is automatically updated.Business process that occur within logistics, such as goods receipts and shipments, trigger automatic postings, taking into account fiscal and corporate law restrictions.
The availability of a number of accounting-related functions that can be called up via the internet ensures that the R/3 System is effectively integrated in the global market of the internet. The SAP R/3 workflow function helps to define periodically recurring tasks, assign them to the appropriate areas, and ensure deadlines are met.
All business transactions are recorded in the R/3 System according to the document principle.This permits a seamless audit trail from the balance sheet to the individual documents themselves. Immediately after posting, you can process account displays, totals, and account balances on the screen, as well as analyses of the financial statement.
To satisfy national statutory requirements, the system allows you to use up to three parallel currencies in the ledgers of foreign subsidiaries. Every business transaction is recorded at historical value from local, corporate group, and hard currency perspective. SAP's R/3 system also enables you to comply with European Monetary Union requirements when converting from the local currency and during the dual currency phase.The system provides automatic functions that evaluate foreign currency, reclassify information, and list receivables and payable according to due date. This helps you to prepare annual and monthly closing.
Delphi Computech offers Classroom training and Online training. For more details always visit: www.delphicomputech.com
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