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Disclosure Reports

Ministry Of Finance
Controller General of Accounts
Institute of Government Accounts and Finance
Central Pension Accounting Office
Controller General of Defence Accounts
Comptroller and Auditor General of India
Ministry of Personnel, PublicGrievances and Pensions
Department of Health Research (DHR)
Department of Health and Family Welfare (HFF)
Department of National Rural Health Mission (NRHM)
Department of National AIDS Control Programme (NACO)
Department of Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homeopathy (AYUSH)
The first success in  the direction of effective implementation of computerized accounting system is COMPACT (PAO 2000) package in the Pay and Accounts Offices of the Ministry. The COMPACT package touches the functioning of most of the areas in a Pay and Accounts Offices. The overall objective towards development of COMPACT has been to achieve accuracy, transparency and speed in various accounting functions. The COMPACT system has not only enriched the accounting process, but also helped in better analysis of accounting information in order to generate systematic management information.

There are various functions, especially those relating to reconciliation, which involves lot of manual drudgery. This package helps in taking care of such functions apart from improving the over all accuracy and exchequer control through the system. The package also provides for internal controls and audit through computerized validation and thus be of great help in improving the quality of accounts. Improvement in office ambience is always a by-product of Computerization and it is expected that this happens in the Pay & Accounts Offices too..


Benefits of Compact

The following information can be extracted easily from the COMPACT Package:-

1. Status of Bills.

2. Compiled Payment and Receipt Data.

3. Major Head-wise Expenditure & Receipts.

4. Budget vs. Expenditure with various combinations.

5. Grant-wise Central Transactions.

6. Cheque Reconciliation.

7. Status of Pension Cases.

8. Maintenance of GPF Ledgers.


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