ROSE ACCOUNTING SERVICES platform from ORACLE BUSINESS SUITE as an alternative to 1c for automation of accounting, financial and management accounting in Ukraine

Keywords: ROSE ACCOUNTING SERVICES platform from ORACLE BUSINESS SUITE, 1C program, cloud platforms, automated accounting system, accounting, financial accounting, management accounting, software

Abstract

Traditional systems of accounting, financial and management accounting in Ukraine and the world are becoming more and more automated. The COVID-19 pandemic and military aggression accelerated these processes. Therefore, the use of a digital accounting office and cloud platforms in the daily work of an accountant is quite relevant. However, the modern realities of doing business in Ukraine require the search for an alternative product and replacement of the existing and widespread 1C program for the automation of accounting, financial and management accounting. The subject of the study is the functionality of the ROSE ACCOUNTING SERVICES platform from ORACLE BUSINESS SUITE for accounting, financial and management accounting. The purpose is to review and familiarize with the ROSE ACCOUNTING SERVICES program from ORACLE BUSINESS SUITE, as an alternative to using the 1C program. In view of this, the task of the work is to get acquainted with the functional modules of the proposed program. In the course of the study, such empirical methods as description were applied - to familiarize with general information about the functionality of the ROSE AS program, and theoretical - explanation and classification - for a more detailed study of the existing modules. The obtained results indicate the compliance of the proposed program with the requirements for effective accounting, financial and management accounting in Ukraine. Conclusions: the use of the proposed ROSE ACCOUNTING SERVICES platform from ORACLE BUSINESS SUITE for the automation of accounting, financial and management accounting at Ukrainian enterprises can become a worthy alternative to the use of the 1C program and meets the requirements for accounting, financial and management accounting in Ukraine

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Published
2023-06-30
Cited
How to Cite
Svitlana Brik. (2023). ROSE ACCOUNTING SERVICES platform from ORACLE BUSINESS SUITE as an alternative to 1c for automation of accounting, financial and management accounting in Ukraine. The Journal of V. N. Karazin Kharkiv National University. Series: International Relations. Economics. Country Studies. Tourism, (17), 81-86. https://doi.org/10.26565/2310-9513-2023-17-07