TKC Corporation (HQ: Utsunomiya, Tochigi; President: Masanori Iizuka) has announced that its 'FX4 Cloud' accounting system for mid-sized enterprises now supports data integration with the cloud invoicing software 'board' provided by Velc Inc. (HQ: Chiyoda-ku, Tokyo; CEO: Yusuke Tamukai) through journal files.
With this update, transaction data such as invoices and payments created in 'board' can be exported as journal files and imported directly into 'FX4 Cloud.' This workflow reduces daily manual journal entry tasks and improves the overall efficiency of accounting operations.
### Impact of Data Integration In the accounting operations of SMEs, there are many cases where the same data must be manually entered twice into both operational systems (for invoicing and payment management) and the accounting system, creating a significant burden for staff. Furthermore, human errors such as typing mistakes or missing entries are common challenges.
The newly developed feature in 'board' allows for the output of journal files specifically formatted for 'FX4 Cloud.' By importing these files, the need for manual entry is eliminated, achieving precise and efficient accounting processing.
### About 'Business Systems with Proven Integration with TKC' TKC systems achieve operational efficiency by collaborating with various business systems. Currently, TKC lists 30 such systems with proven integration, and this list continues to expand. This supports the creation of a 'digitally seamless' environment covering everything from document issuance and storage to daily journals, monthly trial balances, financial statements, tax returns, and electronic tax filing/payment.
### Reference Information
**About board** 'board,' provided by Velc Inc., is a cloud-based sales management and invoicing tool optimized for inventory-free businesses. Beyond creating quotes and invoices, it centralizes operations for SMEs, including sales management, payment tracking, revenue forecasting, and cash flow prediction.
**About FX4 Cloud** FX4 Cloud is an accounting system for mid-sized enterprises that enables strategic decision-making through timely performance tracking. It is supported by monthly audits and management advice from tax professionals. The percentage of profitable companies using TKC's financial systems stands at 57.5%, significantly higher than the national average of 35.7% reported by the National Tax Agency.
FACT BOX
- Source: PR TIMES
- Category: Partnership
- Products / services: board