This situation can be called a "dual system" or "hybrid accounting system" setup. In this company, the United States division is using Oracle for its basic accounting system, while the China division is using SAP. This dual system setup occurs when different divisions or locations within a company utilize separate accounting software to manage their financial transactions and reporting.
Explanation:
1. The company has two divisions, one in the United States and the other in China.
2. The United States division uses Oracle as its basic accounting system.
3. The China division uses SAP as its basic accounting system.
4. The use of two different accounting systems within the company can be called a "dual system" or "hybrid accounting system" setup.
This dual system setup might be due to various reasons such as regional preferences, compatibility with local regulatory requirements, or legacy systems being maintained after mergers or acquisitions. It is essential for the company to ensure that the data from both systems can be consolidated and integrated for financial reporting and decision-making purposes. This may require using specialized tools or processes to synchronize the data between the two accounting systems.