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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

For leasing, this means International Accounting Standards Board’s (IASB’s) IFRS 16 and US GAAP Financial Accounting Standards Board’s (FASB’s) ASC 842. As key elements of the overall SAP ecosystem, all these solutions provide integration capabilities of varying degrees with current SAP ECC and forward-looking SAP S/4HANA environments.

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SAP, Chrome River, Bottomline Give Their Quarterly Numbers

PYMNTS

This week we take a look at the quarterly results from major B2B companies including SAP and FICO, along with other FinTech players like Bottomline Technologies, Mitek Systems and Chrome River. Take a look at how enterprise cloud adoption, continued use of checks and other factors are swaying the numbers for these companies.

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Parallel Accounting is a Key Tool for Global Companies with Multiple Reporting Requirements

Bramasol

For example, a company with branches doing business in the United States and the European Union will need to comply with both GAAP and IFRS accounting principles. The account-based approach uses account logic identifiers to assign accounting principles, such as using unique prefixes to determine which accounts use IFRS vs GAAP principles.