Cloud-based Accounting and ERP Software 'multibook' for Overseas Subsidiaries Adds European Support Features

Multibook Inc. (Headquarters: Shinagawa-ku, Tokyo; Representative Director: Tadaaki Murayama), a company that supports overseas core business systems for both domestic and international companies, announces the release of European support features for its cloud-based accounting and ERP service, 'multibook', effective October 1, 2018 (Monday).

[Features of 'multibook' Cloud Accounting and ERP Software] 1. Cloud-based Software This cloud service operates in a cloud environment (AWS), making it accessible from overseas locations as long as there is an internet connection. Information can be applied for and queried in real-time from anywhere in the world, including overseas subsidiaries, Japanese headquarters, and auditing firms.

2. Easy Adoption from 30,000 Yen per Month Responding to requests such as, "We have already introduced integrated business software for large bases, but it is too expensive for small and medium-sized ones" and "We want to lower the system costs of overseas local subsidiaries," this product is available from a monthly fee of 30,000 yen (priced according to the number of users and vouchers). Users can utilize accounting, purchasing/inventory, sales, fixed asset management, and expense reimbursement functions without additional fees, provided the number of users and vouchers is within the set range.

3. Multi-language Support This cloud service is based on the concepts of multi-language, multi-currency, and multi-bookkeeping. It allows for on-screen display in multiple local languages, recording in various currencies, inputting adjustment entries based on national accounting standards, and generating financial statements.

4. Real-time ERP In this cloud service, accounting functions are linked in real-time with purchasing/inventory, sales, fixed asset management, and expense reimbursement functions.

Newly Added Features: - European Languages: Login and operations available in German, French, and Spanish. - AWS Cloud Region Selection: Ability to choose between France or Singapore (Purpose: Compliance with the EU General Data Protection Regulation (GDPR) and improved access speeds from Europe). - German Banking Interface (SEPA CREDIT TRANSFER: bank transfer). - European VAT Support (Reverse charge method tax line item recording and Sales List output).