PT. Geocean Indonesia focuses on submarine pipeline system, trenching, backfilling & dredging with specialization in pipeline construction with shallow water pipe laying. Currently, Geocean involves in couples of projects: SISI NUBI (Kalimantan), PNG (Batam & Sumatera), Petronas (Malaysia), GORO (New Caledonia), Labuan (Malaysia) for pipe laying.
Geocean Indonesia has responsibilities in providing reports in 2 base currencies: IDR for tax purpose and EURO to the Holding. Then the reports should reflects financial condition in both currencies. For tax purpose, the ERP system should adopt Indonesia Tax Regulation. As Geocean deals with not just Value Added Tax, but various withholding tax, the system should accommodate various tax rate, such as: Withholding Tax art. 23, 15, etc.
As a contractor company, Geocean always deals with Budget and Control. The ERP system should provide the tools to help the controller in controlling & evaluating project by phases, such as cash flow per phase per project, commitment & actual reports, etc.
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