Profit And Loss Statement Excel Template Why It Is Not The Best Time For Profit And Loss Statement Excel Template
Modern PC-controlled robots, like those fabricated by KUKA Roboter GmbH in Augsburg, Germany, are acclimated abundantly in the automotive industry and for a advanced ambit of applications in the plastics and metalworking industries. Among added things, they advice automate assembly processes and acumen chains. And they’re actuality to stay.
The KUKA Apprentice Group, with 25 subsidiaries in key European, American, and Asian markets, is a all-around amateur that sells its articles worldwide. Its assembly ability in Shanghai, China, for example, currently employs 130 people.
The Chinese robotics bazaar has been growing at double-digit ante annually and has acquired into a absolute advance disciplinarian for KUKA. It is currently architecture a new, 215,000 aboveboard bottom bulb at its armpit in Shanghai, area it expects to alpha bearing the KR QUANTEC apprentice alternation and the KR C4 accustomed controllers at the end of 2013. The bazaar for automated robots, however, is angrily competitive.
Next page: SAP ERP – centralized applicant in Augsburg
For KUKA, standardized, end-to-end business processes and a bland barter of advice and abstracts amid its subsidiaries are cardinal factors for abiding success. That is why it has alloyed locations and business processes into one centralized applicant in the SAP ERP arrangement in Augsburg. Application an SAP ERP template, KUKA has gradually been rolling out the IT processes authentic there to all of its assembly plants worldwide.
ORBIS Consulting Shanghai, a Chinese IT account provider, assisted KUKA with its SAP rollout in China, area KUKA bare to beam a cardinal of country-specific regulations and standards, abnormally for banking accounting and reporting. Similarly, companies accomplishing business in China accept to use the “Golden Tax” system, a appropriate tax software that is issued and controlled by the Chinese government, to barter abstracts with Chinese tax authorities. If they don’t, they are not acceptable to advertise appurtenances to Chinese business ally and are not acceptable for tax refunds. As such, companies charge a axial arrangement landscape, and all approachable invoices accept to be recorded either manually or on a committed Golden Tax PC application appropriate software.
But a absolute abstracts alteration amid the SAP arrangement and the tax software is difficult at best. That is why KUKA in Shanghai uses the ORBIS Golden Tax Interface (GTI), a bidirectional interface that simplifies the conception of Golden Tax-compliant invoices in the tax solution. GTI converts abstracts from the SAP arrangement into a argument or Excel architecture that is clear by the Golden Tax system, and again transfers that abstracts to the tax software. Conversely, GTI can catechumen Golden Tax abstracts into SAP-compatible argument or Excel architecture and acceptation it into the SAP ERP solution.
Next page: Meeting Golden Tax regulations
KUKA additionally needs to accommodate Chinese tax authorities with specific letters back advancing its banking statements, contrarily the ledgers will not be accepted. The antithesis sheet, accumulation and accident statement, and the banknote breeze address are aloof some of the appropriate documentation. To draw up these reports, KUKA’s accessory in China uses the SAP-based ORBIS FI-Reporting Package, which contains preconfigured reports. Since the SAP rollout in Shanghai, KUKA’s accessory now manages its banking abstracts alone in the SAP ERP solution. As a result, bounded managers can see all key abstracts at a glance and beacon the business in a added targeted way. Axial authoritative in Augsburg additionally has admission to this banking data, and can appropriately consolidate and adapt banking statements added calmly and added quickly. This in about-face allowances administration at arch office, because it assets appropriate acumen into the Chinese subsidiary’s performance.
The SAP rollout in China has additionally optimized KUKA’s acumen processes there. Requirements planning, accretion at suppliers, and commitment to end barter can be controlled added precisely, which agency the KUKA accessory can now acquirement abstracts and date them for assembly on a absolutely demand-oriented basis.
In addition, advice about orders, acquirement orders, and abstracts are exchanged amid arch appointment in Germany and the Chinese accessory via the SAP ERP system. This cuts action costs forth the amount chain, because it speeds up and simplifies abstracts accumulating and eliminates alike entry: In the past, abstracts was exchanged via fax or e-mail and all orders had to be entered in the arrangement alert (first in China, and again at the headquarters).
Profit And Loss Statement Excel Template Why It Is Not The Best Time For Profit And Loss Statement Excel Template – profit and loss statement excel template
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