OREANDA-NEWS. May 05, 2011. IBA received a letter of thanks from Ekaterinburg Electric Grid Company (EEGC) on the successful implementation of the project to automate the company’s tax accounting, reported the press-centre of IBA.

The solution embodies the requirements of the Chapter 18/2 of the Russian Accounting Standards (RAS) and is implemented using the New Flexible General Ledger of SAP ERP 6.0. The functionality includes the following subsystems based on relevant SAP ERP solutions:

Financial Accounting (FI)
Asset Accounting (AA)
Controlling (CO)
Financial Management (FM)
Payroll (PY)
Material Management/Sales and Distribution (MM/SD)
Human Resources (HR).

In their letter, Evgeni Spitsyn, Deputy Chief of EEGC Information Systems Office, and Tatiana Semenova, EEGC Chief Accountant, say: “In addition to the technological part of the project, IBA provided methodological advice to arrange the company’s tax accounting. The project was implemented comprehensively and within the established time limit.”