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automated generation of financial and tax statements.
Istream tv co software#
Thus, the software product had to solve the following tasks: In addition, the ‘inherited’ system was not upgraded that is why the staff of the Accounting Department prepared all documents manually.Īll listed difficulties and a range of other problems, which had to be solved, made the Company’s management change the information system to a new and modern one. This complicated the search of necessary information. The software that the company ‘inherited’ after the holding restructuring had a great amount of redundant information about its partners and non-existent subsidiaries.
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It makes a process of issuing invoices more difficult and increases time for accounting document preparation significantly. Issuing an invoice to a buyer, the Company’s Accounting Department uses a special method of service cost calculation. Today the company is an aggregator of more than 100 retransmitted channels. Unique channels of STREAM are broadcasted in 7 regions of the Russian Federation, CIS and Baltics countries, and Bulgaria. It began to broadcast a TV channel ‘STREAM. In January 2010, the first STREAM’s international project started. Today STREAM produces 9 original channels. The STREAM Broadcasting Company is one of the market leaders in producing thematic off-air channels in the Russian Federation and a TV content aggregator. Today STREAM has a transparent profitability evaluation system for each of the nine channels produced. The installed software 1C:Accounting 8 helped to double performance of operation in the Accounting Department with 750 contractors and reduce thrice time required for preparing statements. The 1C-Rarus Company has automated financial and tax accounting at a Broadcasting Company ‘STREAM’, a market leader in producing thematic off-air channels in the Russian Federation.
Istream tv co manual#
The new information system gave us a possibility to stop manual data entry, prepare statements automatically and close periods correctly.’ Previously, these transactions took weeks, now the whole process of posting and data test takes just a few hours. The program makes possible to perform all current transactions with charges and VAT payments offering services to non- residents of the Russian Federation: purchase and sales of services and goods. ‘Our choice of 1C:Accounting was dictated by the fact that this software has the most suitable set of functions for us and it is much easier to use it than the previous information system. Lidiya Dmitrieva, a Chief Accountant of the Broadcasting Company ‘STREAM’, comments,