Playing the Russian Roulette
Some of the Statutory requirements are to have a Parallel Accounting System, one account system is to be built in accordance with the bookkeeping rules and another one in accordance with the tax accounting rules. All Customer documents and all backup and sub-ledgers for tax audit need to be in Russian. Shipping documents like Invoice-Factura (VAT invoice) and Consignment Note need to be in specific layout and content in Russian language and should accompany any shipment.
Though Oracle has a localization solution for Russia (in terms of localization patches), 1C is the most prevalent software and has close to 1 million customers in CIS. There are multiple versions of 1C in the sense that the base code remains the same while various companies have developed their own code over the 1C Framework. 1C Bits is the most prevalent one.


