What is ibas++ – iBAS++ (Integrated Budget and Accounting System) is an integrated financial management information system for the Government of Bangladesh. It is a centralised, Internet and Oracle based software, which allows budget preparation, budget distribution to the field offices, fund release, reappropriation, online submission of pay and other bills, payment processing through EFT, cheude and payment order, accounting of all receipts and payment of the government, automated bank reconcilliation, etc.
The system will provide a complete picture of financial assets and liabilities of the government at a given point of time, after complete implementation of the system.
Key improvements from IBAS
İBAS is a distributed system running with the WAN of Finance Division, whereas iBAS++ is a centralised and Internet based system. ¡BAS is a transaction capturing system without a General Ledger, as a result lacks essential budgetary and accounting controls. On the other hand, IBAS++ is a General Ledger based system with budgetary and accounting control porvisitions. IBAS does not have provision for budget distribution, fund release and re-appropriation, which iBAS++ provides.
provides. iBAS++ Implementation Plan
Budget preparation live operation started in January 2016; budget execution will start from July 2016 and rollout of accounting module will be completed in 2016-17 based on the existing classification. New classification will be the basis for budget preparation, execution and accounting for fiscal year 2017-18. Full commitment control and asset management by 2019-20.
Public Expenditure Management Strengthening Program Finance Division, Ministry of Finance UCEP Cheyne Tower (2nd Floor) 25, Segunbagicha, Dhaka-1000
Pension Modules-Pension payment through Electronic Fund Transfer (EFT) using a pension database. Statutory reports like Finance Accounts and Appropriation Accounts. A wide range of financial analysis based on classification codes. This module is being rolled out to accounting offices after successful parallel-run.
iBAS++ Brochure / ibas++ Short overview attached bellow
সম্পূর্ণ আর্টিকেলটি পড়লে আপনি আইবাস++ সম্পর্কে সাম্যক ধারণ লাভ করবেন।
Caption: ibas++ is budget control system that can prevent fraud and Fake Activity
IBAS++ has the following four key modules mensioned
- Budget Preparation
- Budget Execution
- General Ledger
Key Users of the Module
- Controller General of Accounts
- Chief Accounting Offices
- District Accounting Offices
- Upazila Accounting Offices
- Drawing and Disbursement Officers
- Self-drawing Officers
What is Key Users of the Module?
General Ledger (GL) Module Budgetary and accounting controls (e.g. budget checking) is enforced by this module at the backend. It helps provide an updated picture of financial assets and liabilities, as well as financial flows.
iBAS++ Brochure। আইবাস++ সংক্ষিপ্ত পরিচিতি দেখে নিন: ডাউনলোড