We are aware that there is no universally accepted accounting recording and publishing system currently. Businesses need to comply with different accounting regulations for every country they operate in. As a result, organizations operating globally need to have multiple ERP implementations customized as per the statutory requirements of various countries.
With Oracle ERP Cloud, a single global instance can support various accounting systems. Oracle ERP Cloud provides your business with country-specific localizations to meet local business needs including the Asia Pacific region.
It supports unlimited accounting representations and legal reporting requirements in a single global instance with standard preference and setup. Organizations can use the software for a specific region or country without the need for multiple implementations.
Download this ebook to learn how Oracle ERP Cloud addresses country-specific localizations to meet local business requirements in the APAC region.