CANIAS-Finance with SEPA and Elster-linkage in standard version

October 2008

The project "Re-Engineering of CANIAS-Finance" which was started at the beginning of the year is now completed and customers have basic enlargements already in use. The improved integration between assets accounting and financial accounting, as well as the integration of ELSTER- and SEPA- functionality in CANIAS increase usability and provide more efficient business processes.

"For this project we have forced the high standard of leading financial accounting software", says Mr. Rattke, Managing Director of IAS GmbH-Germany. "Many customers develop more and more activities abroad and for interested parties the international applicability becomes an important reason to buy a product. Therefore the development of new country standards plays a decisive role in the revision of financial accounting. The introduction of the standardized payment area SEPA (Single Euro Payment Area) at the beginning of 2008 has lead to a simplification. Although the final conversion to SEPA will be completed at the end of 2010, we offer the functionality already today in the standard version, to enable an assured changeover for our customers", explains Mr. Rattke. The advantages of a simplified management of foreign payments (all payments are processed like domestic bank transfers) as well as the resulting reduced transfer costs are reasons why IAS customers are already using this payment procedure.

With the integration of ELSTER it is possible to deliver tax returns electronically from CANIAS with just a few clicks to the appropriate finance office. The time-consuming and error-prone typewriting of values of the sales tax check list to the ELSTER-form is not applicable.

The very high integration philosophy of IAS is in the centre of attention for the revision of assets accounting. Furthermore transactions were not only functional, but also in view of the software-biotechnology expanded. An obvious improved integration between financial and assets accounting provides more comfort, low maintenance and increased usability. The enhanced demonstration in the summary of fixed assets raises transparency moreover.