Cloud-based accounting and ERP service multibook is a strong ally for solving issues faced by both Japanese headquarters and overseas subsidiaries!
Optimization of system investments depending on base size
Subsidiaries with significant sales will adopt the same large-scale ERP as the Japanese headquarters, while small and medium-sized bases will adopt multibook, realizing group business management with appropriate base size-dependent system investment!
No need for unnecessary manual labor — focus on analysis and accelerate consolidated accounting
Business condition reports of bases can be generated as soon as bookkeeping is completed, allowing business management staff at headquarters to focus on analysis! Moreover, consolidated accounting processes will be optimized, improved, and accelerated!
Realize in-house accounting operation with ease starting from what is viable
Realize in-house accounting operation with ease! Conduct daily bookkeeping while receiving reviews and advice from an accounting firm through cloud service multibook.
Strengthen governance of overseas subsidiaries with full internal-control support features
Utilize multibook — equipped with internal control support features, authority management, and log management — to improve management of overseas subsidiaries to IPO standards!
Building environments where fraud is unlikely to occur
Grasp details of transactions carried out by local staff in Japanese using multibook’s description translation feature and display suspicious transactions as a list with the alert feature. Create an atmosphere where fraud is unlikely to occur by having the manager monitor all transactions!
Centrally manage mission-critical tasks through a system — eliminate inconsistencies and dual input
Entries are recorded automatically following the movement of things, eliminating the need for dual input; thus, balances will always be consistent! Improve the level of information management for both logistics and accounting!
Solving all issues associated with local software use
Realize multilingual and multi-currency support, improve internal control following local legal requirements of each country, and optimize headquarters reports through Excel input and output features!
No need for system staff – simplify personnel changes between overseas subsidiaries
Cloud services require no system staff at each overseas subsidiary! Moreover, multibook will standardize operations and systems of the entire group, simplifying personnel changes between overseas subsidiaries.
Features of multibook
multibook is unique for being a cloud-based accounting and ERP service specializing
in overseas subsidiary management.
Feature 1
Multilingual and multi-currency support – stress free operation for headquarters and local subsidiaries
- System display options include 12 languages* allowing local staff to operate it with ease. Language barriers will be eliminated as headquarters can view the system in Japanese.
- Cumbersome tasks will be eliminated thanks to multi-currency support, allowing for bookkeeping in local currencies and currency conversion. Headquarters can check global crossing situations in yen.
- Support for multiple account books allow for adjustment between local accounting standards and Japanese accounting standards (supports IFRS). Simplified difference comparison at headquarters will contribute to optimization of audit measures.
Create documents in local currencies and 12 languages*
(*Japanese, English, Thai, Vietnamese, Korean, Burmese, German, French, Spanish, Chinese (Traditional and Simplified), Indonesian)
Adjust between accounting standards of headquarters and overseas subsidiaries
Feature 2
Centrally manage information for multiple subsidiaries — all modules automatically link and create entries with accounting
- Centrally manage information for all group companies with overseas bases.
- Documents recorded for logistics, fixed assets, leased assets, and expens reimbursement are
automatically journalized to accounting in real time, eliminating the need for dual entry and realizing operation optimization.
Feature 3
Strengthen internal control from the perspective of headquarters – realize business management and optimize consolidated accounting operations
- Restrict features according to user authority. Strengthen internal control through document and financial statement approval.
- Drill down from financial statements to individual documents. Vouchers can be attached to individual documents, and descriptions are automatically translated (into login language) for complete visualization.
- Compare each subsidiary side by side using the group financial statement feature. Supplementary explanations and materials can be attached to each item line (sales, expenses, etc.) of PL/BS, so there is no need for separate email communication.
- Clearly grasp the “now” of all overseas businesses and subsidiaries with Management Cockpit.
- Optimize consolidated accounting operations by linking with consolidated accounting systems (DIVA and BTrex).
Feature 4
Meet requirements of each country – for local peace of mind
- Meet local requirements of each country.
- Utilize as a bookkeeping software for overseas subsidiaries.
Examples of Requirement Support for Vietnam
Requirement | multibook Feature |
Accounting Documents Voucher for Vietnam | Journal Voucher for Vietnam |
E-Invoice Linkage Feature | Electronic Invoice (Outbound) Electronic Invoice (Inbound) |
VAT Report FORM | VAT Report |
Feature 5
Linkage with other systems
- Linkage features including consolidated accounting systems and production management systems are available.
- Linkage features are currently being enhanced (accepting requests for linkage with specific systems!)
- In addition to ERP system multibook’s inventory management feature, Logizard ZERO’s distribution warehouse management feature allows accurate, real-time management of actual inventory through the cloud; thus, products can easily be monitored regarding storage location within the warehouse, product details, quantity, and condition (first-rate, second-rate, etc.).