SAMURAISE, Inc, Deloitte Tohmatsu Risk Advisory LLC. Universal Business Cloud Accounting", a full-fledged accounting software Universal Business Cloud Accounting" is now available Supports foreign currency transactions, multiple ledgers, and multiple languages
株式会社サムライズ
SAMURAISE Corporation (Headquarters: Shinagawa-ku, Tokyo; President: Toshitaro Tani; hereafter "Samuraiz") will begin selling "Universal Business Cloud Accounting," an accounting software developed by Deloitte Tohmatsu Risk Advisory LLC (Headquarters: Chiyoda-ku, Tokyo; President: Atsushi Iwamura; hereafter "Deloitte Tohmatsu Risk Advisory") that is ideal for managing overseas offices. (headquartered in Chiyoda-ku, Tokyo; Atsushi Iwamura, President; hereinafter "Deloitte Tohmatsu Risk Advisory"), the accounting software ideal for managing overseas offices.
Universal Business Cloud Accounting" is a full-fledged accounting software that supports International Financial Reporting Standards (IFRS), foreign currency transactions, multiple ledgers, and multiple languages.
In today's era of accelerating globalization, unification of accounting standards and transparency are essential for companies to succeed on the international stage. Universal Business Cloud Accounting" responds to these demands of the times and supports corporate growth and sustainable development.
SamRise will continue to support the global expansion of Japanese companies by providing "Universal Business Cloud Accounting" widely through its extensive sales network and customer support system.
■Necessity of International Financial Reporting Standards (IFRS Accounting Standards) Compliance and Historical Background
In recent years, the global economy has become increasingly interdependent, and many companies are expanding their businesses across national borders. Under these circumstances, the existence of different accounting standards in different countries has presented challenges to the comparability of financial information and complicated decision-making for investors and stakeholders.
IFRS accounting standards were developed to address these issues, and are a globally common set of accounting standards. It is also expected to bring benefits such as unifying accounting procedures across group companies, improving operational efficiency, and strengthening internal controls.
Developed by Deloitte Tohmatsu Risk Advisory, "Universal Business Cloud Accounting" is compatible with IFRS accounting standards, eliminating the complexity of accounting procedures faced by companies expanding globally and supporting more strategic business decisions. The service was created as part of the company's "Corporate as a Service," a single-source service that handles everything from discovery of issues to resolution, transformation, and operation of a company's corporate functions.
Features of Universal Business Cloud Accounting
Universal Business Cloud Accounting" is an accounting software that supports multiple ledgers and foreign currency transactions, as well as multiple languages, currencies, regions, and accounting standards, with a variety of aggregate masters and powerful control functions.
It has a sophisticated UI and a simple, sleek design that is friendly to beginners in accounting operations. It contributes to a company's global business by providing intuitive operability that facilitates the smooth introduction of cloud computing to current operations, even for users who are anxious about migrating from an existing on-premise environment.
1. a business system that can be used in a wide range of corporate stages
The system is equipped with a wide range of functions necessary for corporate accounting, from daily bookkeeping to the preparation of financial reports. It can be used by companies at various stages of growth, from venture companies to medium-sized and mid-sized enterprises, and offers excellent ease of use and intuitive operability. In addition, the system can flexibly accommodate the expansion of a company's scale because it can handle large volumes of data processing and a variety of aggregate segments.
(2) Advanced Functions Utilizing Knowledge of Professionals
The system covers the advanced functions demanded by business specialists, and also supports the strengthening of internal controls required in the preparation stage for listing. This accounting software combines professionalism and practicality, making it suitable for use in operating centers that handle large volumes of accounting work. 3.
3. cloud-based system
As a cloud-based system, it can be introduced with low initial costs. In addition, it eliminates the need for system maintenance and management, thereby reducing management costs, and improves operational accuracy by allowing real-time information sharing between the person in charge and the administrator. In addition, the system enables quick and efficient coordination among departments and offices, contributing to the improvement of business efficiency of the entire company.
4. support for global business
Enabling report creation in a language different from the language used by the operator reduces communication barriers in an international business environment. This improves control over overseas offices and allows for more efficient closing of accounts and other operations. In addition, the system can flexibly accommodate different accounting standards, which is essential for companies that conduct global transactions, providing strong support for overseas expansion.
Main features of "Universal Business Cloud Accounting
1. features of "Universal Business Cloud Accounting" suitable for global business
Universal Business Cloud Accounting" enables inbound and outbound companies to efficiently and cost-effectively perform daily accounting operations, reporting to headquarters, and closing accounts. By using a common format regardless of the headquarters or overseas offices, for example, the books recorded by local staff at overseas offices can be handled in the same way at the headquarters, effectively reducing communication costs with the local office and building a fair management system.
Multiple languages:
All screens and output can be displayed in Japanese and English. This allows non-Japanese speakers to prepare Japanese ledgers, and even those who are not proficient in English can prepare English financial statements.
Multiple currencies:
The system is capable of recording books in other currencies with auxiliary currency units other than Japanese yen, as well as displaying and outputting all ledgers and reports. Automatic translation of foreign currency transactions in journal entries and at the end of the period are also supported.
Multiple Standards:
All reports can be displayed and output according to Japanese GAAP and other accounting standards, such as IFRS accounting standards.
Multiple Regions:
Various different formats are supported for different countries and regions, such as date, time, and amount separators and signs. 2.
(2) Full set of functions for a wide range of corporate stages
This is a "full-fledged" accounting software with various tabulation masters, powerful control functions, multiple ledgers, and support for transactions denominated in foreign currencies.
Various tabulation masters:
Various factors can be used as aggregation criteria, such as account title, subsidiary account title, department, counterparty, segment information, and currency.
Support for foreign currency transactions and multiple ledgers:
In addition to departmental and counterparty reporting, foreign currency transactions and multiple ledgers are also supported.
Control functions:
In addition to various history and operation logs, journal approval and posting functions, the system is also equipped with per-user function and input restrictions to ensure safe and secure business operations.
For more information about "Universal Business Cloud Accounting," please visit the following website
◆"Universal Business Cloud Accounting" product introduction page
About Deloitte Tohmatsu Risk Advisory LLC
Deloitte Tohmatsu Risk Advisory contributes to the sustainable growth of its clients by providing a wide range of services that enable them to take appropriate risk and respond appropriately to business challenges. In order to put this into practice, our mission is to become a "social infrastructure of professionals" that is the foundation for society as a whole to solve our clients' business challenges.
Head Office Address : 3-2-3 Marunouchi, Chiyoda-ku, Tokyo
Phone : 03-6213-1300
URL ： https://www.deloitte.com/jp/
About Samurais Corporation
SAMURAISE aims to be a "software and service marketing platform company" that provides customers with simple and optimal services and solutions to solve their problems by proposing "innovative technologies and services" that realize informatization and efficiency improvements worthy of investment, always from the customer's perspective. We aim to be a "software and service marketing platform company" that provides customers with simple and optimal services and solutions to solve their problems.
Head Office: Shin-Osaki Kangyo Building, 1-6-4 Osaki, Shinagawa-ku, Tokyo
Phone: 03-5436-2040 (switchboard)
URL ： https://www.samuraiz.co.jp
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*Product specifications and service details described in this press release are current as of the date of the press release. They are subject to change without notice. Please note that the information is subject to change without prior notice.
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