Support SAP localization and posting

To achieve the head office’s control objectives, the group companies often use the same ERP program, e.g., SAP.

Suppose you would like to roll out the SAP FI program or have already implemented it in your local organization but experience some issues. In that case, ABK is here to help you as an experienced and trustable partner. We want to take your accounting team’s work and support you to focus your energy on your business.

ABK SAP team is used to working in a global environment and is well trained and experienced in Korean accounting systems.

SAP localization service offer includes :

• Establishing accounting codes to align with Korean VAT regulations.
• Korean e-VAT regulation guidance.
• Ensuring best practices are implemented when either migrating or implementing new SAP instances/products with our SAP setup partner.
• Communicate with HQ finance team/local vender to match Korean account and global guide.
• Weekly or monthly meeting to catch up on the installation schedule.
• Historical data matching and uploading support.
• System test and error report to launching.
• By incorporating bookkeeping, we ensure compliant reporting.
• Streamlining reconciliation and consolidation process by coordinating with KR/HQ team to match data, such as IC AR/AP balances.
• Registering Fixed assets and managing depreciation in accordance with book values.
• Implementing faster accounting processes.
• Participate in program-related training if required.
• Comply Korea’s accounting regulations, prepare ledgers to match the regulation details.
• Managing transactional and analytical accounting requirements through compliance posting, calculation and validation.

Advanced SAP FI posting service includes:

• By incorporating bookkeeping, we ensure compliant reporting.
• Streamlining reconciliation and consolidation process by coordinating with KR/HQ team to match data, such as IC AR/AP balances.
• Registering Fixed assets and managing depreciation in accordance with book values.
• Implementing faster accounting processes.
• Participate in program-related training if required.
• Comply Korea’s accounting regulations, prepare ledgers to match the regulation details.
• Managing transactional and analytical accounting requirements through compliance posting, calculation and validation.

Please contact us to get detailed information about our services or to get an individual offer for your company via below contact form.