Railway Accounts Department Examinations

Saturday, April 25, 2020

Functions of Accounts Dept and Computerisation


Functions of Accounts Dept and Computerisation

By Shri Uday Kiran Bora,
PS to PFA/SCR
Mobile No. 92423 23381

Functions of Accounts department
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Book Keeping
Financial Scrutiny
Budget
Internal check
Bill passing/ prompt settlement
Tendering
Management accounting
No frauds and irregularities
Inspections or Internal Audit
Capital & Revenue Accounts (Accrual) = Profit & Loss Account, Balance sheet etc.
Finance Concurrence
Compilation
Expenditure
Voted = Expenditure, Establishment
Transparency
Statistics Data
Canons of Financial Propriety
Offices (SSO/A)
 Finance Accounts (Cash)= Single Account Current and Appropriation Accounts – Statutory Audit
Need for Expenditure
Sanction/
Certification
Earnings
Charged = Establishment & Expenditure
No cartel/ring formation
Traffic costing
Computerised Environment
Stations (Sr. TIAs)
Financial Justification & Rate of Return
Exchequer control
Stores
(Sr. ISA/ASVs)

Computerisation (CRIS – IT ARM OF INDIAN RAILWAYS)

Book Keeping
Financial Scrutiny
Budget
Internal check
Bill passing/ prompt settlement
Tendering
Management accounting
No frauds and irregularities
Inspections or Internal Audit
IPAS
IRPSM
VeRBS
1. Expenditure
IPAS
IREPS
IPAS
ALL COMPUTER APPLICATIONS
WISE
e-Lekha Portal


IPAS

IMMS


e-Recon


IMMS







2. Earnings







FOIS







UTS







PRS







POS







PMS







E-PAYMENT







TAMS






Full forms of Abbreviations/Acronyms

IPAS
Integrated Payroll & Accounting System
E-RECON
Electronic Reconciliation
IRPSM
Indian Railways Projects Sanction & Management
VeRBS
VPN enabled Rail Budget System (VPN - Virtual Private Network)
iMMS
Integrated Material Management System
FOIS
Freight Operations Information System
UTS
Unreserved Ticketing System
PRS
Passenger Reservation System
POS
Point of Sale
PMS
Parcel Management System
E-Payment
Electronic Payment
TAMS
Traffic Accounts Management System
IREPS
Indian Railway Electronic Procurement System
WISE
Workshop Information System
CRIS
Centre for Rail Information System