Client
"AgroInvest"
Industry and period
Agricultural enterprise. Period: 09.2022-02.2023.
About the client
The AGROINVEST Group is a company specializing in the cultivation of grains and oilseeds, open-ground vegetables, horticulture and livestock farming.
Tasks
- Description of the solution and typical processes with wiring diagrams.
- Setting up a module for managing lease agreements based on RE-FX for accounting for lease agreements in accordance with FAS 25 and IFRS 16.
- Data migration using standard SAP tools.
- Preparation of functional specifications for development.
Results
- The processes of accounting for contracts have been automated in accordance with the standards of FAS 25 and IFRS 16, taking into account the specifics of the company: share leasing and leasing from third parties.
- The efficiency and speed of preparing reports under IFRS 16 are increased by 4 times compared to manual assembly in MS Excel.
- Timely and transparent reflection of modifications under lease agreements was ensured.
Connection with SAP migration → 1C
This project is important for the SAP → 1C direction as an example of RESTART’s experience in complex enterprise landscapes: accounting, contracts, property, reporting, methodology, integration, control procedures and work with users. When switching to 1C, such experience helps not to lose SAP business logic, but to correctly translate it into the target architecture of 1C:ERP, 1C:UH, BI/DWH and related solutions.
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