Research On Implementation Of Finance Module-ABC Company's ERP Switch

With the gradual deepening of globalized intense competition and maturity of information development, traditional industrial economy turns rapidly to knowledge-based and information technology economy. More and more companies have chosen an advanced information system to adapt to fierce competition in the market today. ERP (enterprise resource planning) is proposed by Gartner International Group from the United States in the 20th century, 90. Base on the MRP'material requirements planning'and MRP II'manufacturing resource planning', combing with the latest achievements in information technology development, ERP evolve and develop step by step. ERP commits to all activities of information network's business management, and is fully used in modern information technology and establish, to achieve integration of real logistics, information flow, capital flow and workflow in the whole business management of one company. ERP provide the optimal allocation of corporate resources, accelerate the speed of business-to-market response, improve the efficiency of enterprise management and improve the economic efficiency and competitiveness of enterprises.We fully consider the real situation of multi-national company ABC, do analysis of problems existed in financial module of the original system and requirements of information systems from management, combing with requirements of appropriate accounting system from tax bureau on multi-national companies established add do business in the country, in according with financial and reporting requirement from headquarters, give corresponding solution on improvement enhancement of financial module in ERP switch.As we all know, IFRS is quite different from China GAS. Internal policy and requirements on management of multi-national companies and the design features of ERP may not meet the domestic accounting standards and fiscal policies on the established and do business enterprises in China. In this paper, we consider the Status of ERP system in company ABC, in the background of integrated accounting standard, aim to create financial module meets requirements from two GAAP, and build up great example for all multi-national companies.