Accounting

China's WTO entry opens new doors for both Chinese & foreign enterprises. Multiable ERP system's International Standard Accounting feature facilitates financial reports and assessments needed by your enterprise. It includes the ability to handle multiple currencies and exchange rate conversion, posting-free handling, as well as comprehensive financial reporting.

In addition, enterprises demand adaptation to the Chinese standard accounting regarding the establishment of Closer Economic Partnership Agreement (CEPA). Multiable ERP system handles numerous forms of mainland taxation (i.e. VAT, Excise etc.). By entering only a few vouchers, real time account books and financial reports can be generated. You can say good-bye to complicated works such as keeping transaction records, crosschecking records and performing month-end etc.

Basic Functions Journal Voucher Chart of Accounts Debit Note Credit Note Receipt Register Payment Register AR-AP Counter Settlement Fixed Asset Budgeting Prepaid Expenses

Chinese Standard Accounting Chart of Accounts VAT/ Excise / Customs Duty VAT Exportation Cash Receipt / Payment Maintenance China Financial Report Generator Multi-Ledger

Features

• International / Chinese Standard Financial Reports (Profit & Loss, Chinese Standard Voucher, Balance Sheet, Sub-ledger Listing, Manufacturing Costing, Cash Flow Analysis)
• On-line reporting; support both traditional posting and posting-free methodology; reporting consistency between various accounting modules
• Support multiple currencies and exchange rate re-evaluation
• Fully and partial AR / AP payment, AR/AP counter settlement
• Credit limit and over due period control
• Accounts receivable / payable modules