Presently, the Company uses the same accounting software (SAP) as a parent company in Germany. SAP has been used for all accounting aspects, including record of all accounting transactions, and preparation of general ledger and sub-ledger accounts, and financial statements.
In addition, the Company currently uses Bytebrian Program for facilitating its payroll system and uses Microsoft Excel for recording and preparing the details of fixed assets.
Other notes regarding the IT environment:
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