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Accounting Softwares

In: Business and Management

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Project to Improve Financial Reporting and Auditing (PIFRA)”, a World Bank Pakistan project. The objectives of PIFRA is improvement of governance in fiscal management sphere to achieve the vision of strengthened Integrated Financial Management System (IFMS) of the country.
• I ensured that each project and i worked in “GO LIVE” on PIFRA platforms and managed all of that through the following:
• Assessing the Hardware and software requirements for the project implementing entity.
• Updating the Project Accounting system with New Accounting Manual(NAM) Codes.
• System and data mapping.
• Test Runs
• GO LIVE
Provided with a computer terminal that is directly linked to the PIFRA transaction server of the Controller General of Accounts establishment (i.e. AGPR, AGs, DAOs and Treasuries). The project’s non-lapsable budgets is loaded into the system at the project implementing entity by the project’s Finance Manager. A sub-account of the consolidated fund shall be established for each donor-funded project, representing the project’s Designated (Special) Account. Each time a payment is processed through the system by the project implementing entity, the transaction will be charged against the sub-account of the consolidated fund of the government and defaulted as a charge against the Bank account of the project. This Bank account will be denominated as the sub-account of the consolidated fund. The project manager at the implementing entity shall also be accorded the powers of a Principal Accounting Officer for the project.
Each project accounting systems migrated from MS Excel to QuickBooks or Peachtree depending upon the reporting requirements. However QuickBooks was more popular having more options in terms of digits that it can handle.
Fauji Fertilizer Bin Qasim Limited (FFBL)Plantsite is a modern Granular Urea and Di-Ammonium Phosphate (DAP) fertilizers

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