Office of Chief Controller of Accounts
DIPP, Ministry of Commerce and Industry
 

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Visitor Number:   410265
COMPUTERISATION OF ACCOUNTS
The process of computerization of accounts in this office started about 12 years ago with two softwares developed by NIC. The software titled IMPROVE (Integrated Multi-module Processor of Voucher Entries) has been in use in the Pay & Accounts Office for computerization of voucher level accounts of payments & receipts and submission of a monthly consolidated account to Principal Accounts Office. The other software called CONTACT (Controllers Accounts) has been in use at the level of Principal Accounts Office for consolidation of monthly accounts received from PAOs and submission of a Consolidated monthly account of the Ministry to the Controller General of Accounts, Ministry of Finance. Window based applications like Microsoft Word and Excel are also used for preparation of Head-wise Appropriation Accounts, Material for Union Government Finance Account (Civil) and monthly expenditure and receipt statements for submission to Ministry and for other MIS purposes. An RDBMS version viz. CONTACT(ORA) has since been implemented. COMPACT (PAO 2000)
A multi-user software for use at the Pay & Accounts Office level has been inducted to replace the existing IMPROVE software. This software has been developed with a view to computerise the work in all the Pay & Accounts Offices. This software has the following features:

Requisite hardware/software for implementation of COMPACT(PAO 2000) has been procured. The software has been installed in six PAOs and the package will be functional in all the PAOs within the current financial year.

PFMS Now the ‘Compact’ is being gradually substituted by Public Financial Management System (PFMS). PFMS is a Central Sector Plan Scheme of the Planning Commission which is being implemented by the Office of the Controller General of Accounts in partnership with National Informatics Centre. The scheme has established a common transaction-based on-line fund management and payment system and MIS for the Plan Schemes of Government of India. The platform has now been extended to State Governments for effecting payments of plan funds received directly at the State Treasuries.

The scheme is being implemented through a web based application developed and deployed by the O/o the Controller General of Accounts which leverages its well established accounting and financial reporting application viz. COMPACT & e-Lekha and the interfaces developed with the banking system. All Ministries / Departments are required to register the details of agencies / individual beneficiaries receiving grants from Government of India on the CPSMS application along with their bank account details.

PFMS support fund management and e-payment through a secure integration with Core Banking Solution (CBS) of 90 banks (26 Public Sector Banks, 59 Regional Rural Banks and 5 major Private Sector Banks). CPSMS for the first time in the area of public financial management is geared to generate a transaction-based, robust, reliable and transparent Financial Management Information System (FMIS). Unlike other MIS applications where financial MIS relies on post-facto data feeding, the fund utilization data in CPSMS has one-to-one correlation with the banking transactions effected by the implementing agencies. Thus, the FMIS available from the system has bank reconciled data on financial transactions on a real time basis.

The PFMS system has been configured to facilitate all Plan and Non-Plan based creation of sanctions and routing of payments w.e.f. 01-04-2015.

Advantages of PFMS :

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