Yoochang Vietnam Co., Ltd. x FTS

Yoochang Vietnam Co., Ltd. x FTS

Bilingual Vietnamese–Korean Accounting Solution Optimized for FDI Construction Enterprises

Yoochang Vietnam Co., Ltd.

Korean FDI in construction – installation, project completion, and construction investment management

Yoochang Vietnam – Bilingual Accounting Solution Optimized for FDI Construction Enterprises

Yoochang Vietnam Co., Ltd. is a 100% Korean-owned enterprise operating in construction, installation, project completion, and investment project management. Due to handling multiple projects, the company requires precise, flexible financial management for costs, receivables, and revenue per project. Yoochang needed a financial management system tailored to the FDI environment.

To enhance operational efficiency and standardize financial reporting according to the group’s requirements, Yoochang Vietnam selected FTS Accounting, implemented by First Trust Solutions.

8 years of partnership deploying FTS Accounting at Yoochang Vietnam

FTS Accounting – Accounting Solution for FDI Construction Enterprises

  • Cash & bank Accounting
  • Sales Accounting & Accounts Receivable
  • Purchasing Accounting & Accounts Payable
  • Inventory and Equipment Management
  • Fixed Assets & Tools Accounting
  • Cost Accounting & Project/Construction Cost Allocation
  • Construction Contract Management
  • VAT
  • General Accounting and Financial Reporting

Bilingual Interface: Vietnamese–Korean, optimized for FDI operations.

Multi-currency Accounting: VNĐ & USD, with flexible reporting according to Vietnamese accounting standards and internal reporting requirements of the Korean parent group.

Deployment Scope: Implemented for two units – Yoochang Hanoi and Yoochang Hung Yen.

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