QuickBooks Integration

The Joint Stock Company should keep accounting records under two standards:

National Accounting Standards – requirements of current legislation;
International Accounting Standards (IAS or GAAP) – requirements of international partners.
Some companies solve this problem by the next way:

To hire the specialist on accounting transformation;
To keep double records, for example, in 1С Program with the duplicate in QuickBooks.
Each from mentioned-above examples has some imperfections based on human factor in general:

The cost of the specialist knowing the principles of IAS or GAAP;
The QuickBooks’ training of personal;
Lack of Russian in QuickBooks;
Record’s falsification as a result of mistakes;
etc.
Transformation of national accounts into international is time-taking and expensive process.

Our proposal is to automatize the process. If the company accounting is in QuickBooks, and company’s partner is in different accounting system, our suggestion is to realize the integration between national accountability system and QuickBooks.

QuickBooks integration permits to cut down expenses on maintenance of specialists on accounting transformation as well as to see actual information in QuickBooks in real time.

QuickBooks integration project payback period is from 2 up to 4 months.