,,,Success Stories
 Success Stories

"We use GL Consolidation to manage our joint ventures"

As an famous multinational IT enterprise in the world, MIH has several branches in Asia-Pacific Region, and they have established five joint ventures in China so far, www.mweb.com is one of them.The key business of this client is Internet service, PayTV, Business Solutions and Technical Support. We provide the client with ACCPAC solution to meet their financial accounting/management requirements.

"Every month, we must prepapre consolidated balance sheet and profit/loss statement for the global head office, without ACCPAC's assistance, we don't know how to do it." said Adam Han, CFO, MIH China."Actually, we use GL Consoliadtion to manage our joint entures."

ACCPAC GL Consolidation is uesd to share key business information and financial data from each branch and synchronize the period with MIH Holding company.

The system can automatically produce not only internal reports but also external reports that follow China GAAP.Installed modules for this client are General Ledger, Accounts Receivable, Accounts Payable, Fixed Assets and GL Consolidation.

 
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