[Image: image_1.jpeg]Copyright©2025 Yonyou Group All rights reserved.Without the written permission of Yonyou Group, no part or whole of the content of this release note may be copied, reproduced, translated, or reduced for any purpose. The content of this release note may change without notice, please be aware. Please note: The content of this release note does not represent a commitment made by Yonyou Network.Special StatementDear readers, please note that the release notes for this version have been optimized, and there is no longer a distinction between the full version and the incremental version. For easier reading, we have highlighted the new features in bold blue font in the full version. We kindly ask readers to pay special attention to this change while reviewing.Product OverviewProduct OverviewYonBIP Intelligent Accounting is a Financial Management cloud platform developed by Yonyou based on the latest technologies such as "Big Data, Intelligence, Internet of Things, Mobile Internet, and Cloud Computing," along with innovative business models and event accounting theory. It helps enterprises build a new financial system of "Intelligent Accounting and Value Finance," supporting the digital transformation of finance.Intelligent accounting is based on the Accounting Platform, providing event-driven Financial Accounting and Controlling, and constructing event entries that include business information and financial information, supporting data services for financial data.Product ArchitectureProduct Architecture DiagramProduct GoalsBased on event-driven new generation real-time accounting, intelligent accounting provides a new way of integrating business and finance, decoupling business and finance to meet the needs of enterprise innovation and efficiency improvement. The new generation accounting system is driven by business events and serves the financial digital transformation based on refined and multidimensional big data of the business. The product achieves the following goals:Accounting PlatformThe Chart of Accounts supports multiple versions, ensuring the visibility and traceability of account changes, meeting the requirements of regulatory departments and audit institutions;Optimize the maintenance and usage scenarios of financial basic files;In the context of globalization, provide the basic capability for multi-currency accounting.Support for multi-accounting purpose scenarios, meeting the accounting scenario capabilities for Profit Center purposes and legal entity purposes.Provide cash flow analysis services based on multi-dimensional business and financial entries.Provide simulated journal entries;Publish heterogeneous business-finance events, supporting third-party business systems for quick access through business-finance events;Provide Intelligent Monthly Closing Service to enhance the efficiency of enterprise monthly closing.Provide conversion capabilities for basic files.Support for data extraction capabilities of business volume indicators;Enrich the financial basic files and enhance the usability of the basic files.Financial AccountingDeepen financial accountingSupports multi-currency accounting for organization currency, book currency, group currency, global currency, etc.Support multiple versions of subjects;Support electronic archive archiving;Deepen the Fixed Assets accounting App, supporting the splitting, merging, and depreciation forecasting of Fixed Assets;Support for the accounting of Right-of-Use Assets;Supports multi-dimensional accounting of inventory costs by Accounting Entity + Cost Area + Period + Material + Characteristic + Batch Number;Supports four valuation methods: First-In-First-Out, Moving Average, Monthly Average Unit Price, and Standard Cost for daily real-time and month-end inventory cost accounting.Supports full cost calculation for all cost areas and all materials within the accounting entity scope.Business and Finance Integration AppSupports issuing invoices for AR Invoices, and allows for posting after approval or posting after issuing invoices.Payment, payment refund, integration of finance and assets, etc.;Full-process outsourcing support cost-driven calculation.Enrich the queries for General Ledger, Accounts Receivable and Payable, Fixed Assets, and Inventory Accounting.ControllingCost Center AccountingCost Center Accounting supports Multi-account Book and cost accounting based on the reporting book;Cost centers support multiple currencies, enabling full-process cost accounting for organization currency, book local currency, group currency, and global currency.Cost Center Accounting supports Standard Costing;Cost center supports cost provision;Cost Center Accounting supports idle capacity accounting;Cost center supports product costing for outsourced costs.Cost EstimatingCost estimating supports multi-account books and cost simulation based on report books.Cost Estimating supports multiple currencies;Cost Estimating supports standard cost;Cost Estimating supports Operation Outsourcing;Cost Estimating supports multi-purpose accounting.Product CostingSupport Standard Costing;Product costing supports multiple currencies, including organization currency, book local currency, group currency, and global currency for the entire workflow of cost accounting.Product Costing supports Multi-account Book and cost accounting based on the reporting account book;Product Costing supports the separation of financial management and supports internal and external accounting purposes;Product Costing Support Supports outsourcing order accounting and operation outsourcing accounting.Specialized AccountingSpecial order object extension, supporting ledger-level definitions and group-type projects;Settlement Rules, supporting multi-dimensional cost summary transfer settings and functional optimization;Specialized accounting supports multiple currencies, including organization currency, book local currency, group currency, and global currency for the entire workflow of project cost accounting.Project CostProject cost object extension, supporting ledger-level definitions and group-type projects;Settlement Rules, supporting multi-dimensional cost summary transfer settings and functional optimization;Project costs support multiple currencies, enabling full-process project cost accounting in organization currency, book local currency, group currency, and global currency.Profit Center AccountingSupport the enterprise in internal management performance evaluation and business analysis;Profit Center Accounting supports the accounting of assets, liabilities, and profit and loss business scenarios for Profit Centers.Profit Center Accounting supports multiple currencies for accounting simultaneously, including organization currency, book currency, group currency, and global currency.Responsibility accounting supports adjustments to management standards;The multi-dimensional allocation model supports multi-dimensional business analysis accounting data.Enhance data analysis and queries for Profit Center Accounting.Inter-company SettlementSupport inter-company settlement pricing;Support for two main types of business scenarios: management-related settlement and business-related settlement across profit centers.Support cross-profit center sales, purchasing, material outbound, product receipt, transfer, and subcontracting receipt price settlement;Support automatic settlement based on inter-company settlement rules.Product RangeThe scope and form of product release are as follows:Domain CloudDomainAppExclusive CloudPrivate CloudOn-Premises DeploymentFinancial ManagementAccounting PlatformFinancials Foundation✔✔✔Financial ManagementAccounting PlatformEvent Center✔✔✔Financial ManagementAccounting PlatformAuto Accounting Instructions✔✔✔Financial ManagementAccounting PlatformAccounting Center✔✔✔Financial ManagementAccounting PlatformHeterogeneous Business-Finance Event✔✔✔Financial ManagementAccounting PlatformIntelligent Monthly Closing✔✔✔Financial ManagementFinancial AccountingGeneral Ledger✔✔✔Financial Financial Fixed Assets✔✔✔ManagementAccountingFinancial ManagementFinancial AccountingAccounts Receivable✔✔✔Financial ManagementFinancial AccountingAccounts Payable✔✔✔Financial ManagementFinancial AccountingInventory Accounting✔✔✔Financial ManagementFinancial AccountingRevenue Management✔✔✔Financial ManagementFinancial AccountingRevenue Audit and Clearing✔✔✔Financial ManagementControllingCost Center Accounting✔✔✔Financial ManagementControllingCost Estimating✔✔✔Financial ManagementControllingProduct Costing✔✔✔Financial ManagementControllingSpecialized Accounting✔✔✔Financial ManagementControllingProject Costing✔✔✔Financial ManagementControllingProfit Center Accounting✔✔✔Financial ManagementControllingInter-company Settlement✔✔✔Product FeaturesAccounting PlatformThe YonBIP Accounting Platform is built on the theoretical basis of event accounting, leveraging new generation technologies such as big data, cloud computing, and artificial intelligence to create a data foundation for intelligent accounting in the large finance domain. It provides a unified business data access service for all business systems that need to connect to financial accounting. At the same time, event entries serve as a major data platform for business and finance, accumulating enterprise business and financial data, and providing refined, multi-dimensional, and real-time data sources for the enterprise's data services.The features of this version are as follows:New integrated business and finance modelBuild accounting rules based on business matters, balancing the flexibility of the business system with the standardization of financial accounting, in response to the trend of increasing business systems and rapid business changes.Multi-accounting purposes, financial management source diversionBased on the same source business matters, achieve the same source for multi-purpose financial accounting and management. The same business matter can be accounted for in parallel with multiple sets of accounts according to financial reporting purposes, management reporting purposes, and tax reporting purposes.Business and financial big data based on event entriesCentered on business matters, unify accounting dimensions, unify accounting rules, and unify accounting standards. Transaction entries include business information + financial information, building a core financial data foundation.Real-time, detailed, multi-dimensional accounting and reportingA "fine + multi-dimensional + real-time" data collection and accounting platform between multiple business systems and various accounting systems. It integrates financial and business data, providing complete data required by all stakeholders.Financials FoundationFinancials Foundation is the master data base for financial accounting services, providing basic file configuration and maintenance services for financial accounting. When initializing various sub-domains of finance, it is necessary to first configure and maintain the basic files to meet the dependency of financial accounting on public basic files. The majority of data settings should be completed before the module is officially activated. Of course, the system also provides direct maintenance interfaces in specific business processes, ensuring that users can update and supplement basic settings at any time according to business needs.The features of this version are as follows:Financials Foundation parameters, meet the needs of different customers.Supports multi-currency accounting. In the Financials Foundation - Enterprise Account Level Parameters, multi-currency can be enabled, including: Organization Currency, Group Currency, Global Currency. Once multiple local currencies are enabled, modifications are not allowed if there is business data generated.Support for accounting account control parame...
