CURRENT MENU
- ACCOUNTING PROCEDURE
- REVENUE MONITORING
- MONITORING REVENUE RECEIPTS
- MISCELLANEOUS
- COMPUTERISED ACCOUNTING
- INTERNAL AUDIT
 

VIEW

PCCA, CBEC Govt Sites www
 
 
HOME | ORGANISATION | A/C PROCEDURE | REVENUE MONITORING | COMPUTERISED ACCOUNTING | INTERNAL AUDIT
| MISC | CONTACT US
 
HIGHLIGHTS OF ACCOUNTS
2004-2005

MANDATORY

e-PAYMENT OF SERVICE TAX w.e.f. 01/10/2006

CIRCULARS
GUIDELINES
CR FORMS
COMPUTERISED ACCOUNTING

Introduction: Computerisation of Accounting functions in CBEC involve accounting of both Revenue and Expenditure Accounts. Keeping in view the volume of revenue transactions, a separate package for Revenue Accounting has been developed for specific needs of CBEC. Computerisation of Revenue Accounting in CBEC is done through REVACT software at field Pay and Accounts Offices. The REVACT software has been upgraded to REVACT(VB) to accommodate PAN based ECC numbers. For the reconciliation of revenue receipts, the Department is using a software named REVCON. The expenditure accounting is done through IMPROVE software. A centralized delay monitoring module (CDMM) is also operational in the office of the Pr.CCA which calculates the delay in remitting revenue collected by the banks into the Government account and claim interest accordingly. Further, there are certain ongoing IT initiatives envisaged.

 

 

1. Revenue Accounting through REVACT software: REVACT package started functioning from 1993. The data entry is being done at all the PAOs from the challans/scrolls received from the Focal Point Banks. The revenue account is being compiled by the PAOs and a floppy is sent to the Chief Accounts Officer for reconciliation. Another floppy comes to the headquarters where various kinds of reports regarding delayed remittances, is being generated. REVACT has been modified and upgraded and now REVACT(VB) is in use in most of the Pay and Accounts Offices.

 

 

2. Expenditure Accounting: While REVACT is a software exclusively developed for the purpose of Revenue Accounting a number of software packages have been developed by National Informatics Centre (NIC) catering to the requirements of expenditure accounting. These are IMPROVE, COMPACT, CONTACT, CONTACT(OCA).

 

 

3. On Going Initiatives: The Directorate of systems, CBEC has launched an Internet based closed user group communication system called EDECS. The accounting organization under Pr.CCA CBEC is also a part of this. Most of the Pay and Accounts Offices have already logged on to EDECS which is proving to be very useful in facilitating communication within the organization. In view of ever-increasing number of challans in the CBEC, a specific format has been defined in consultation with NIC officials in which the Banks are required to send the data on electronic format to the concerned PAOs ON A DAILY BASIS. Field testing of the data being received from selected branches of the nominated Banks in Delhi is already giving on. A detailed plan to have a web-based solution to the transmission of challan data from Focal Point Bank to PAO, the office of the Pr. CCA CBEC and RBI is also contemplated. The system will be developed by NIC on JAVA platform with Oracle as back end. The system will be named Electronic Challans Integrated with REVAT(ECIR).

 

Copyright (c) 2004, Modulus Systems