App Features
Dashboard of Financial transactions.
Break-up of Expenditure on various Head of Accounts
The break-up of expenditure includes categories like salaries, office expenses, grants, and development projects, classified under capital and revenue expenditure.
Real-time Expenditure and Receipt details
Break-up of Expenditure on various Head of Accounts based on detail and object heads
Break-up of Receipt on various Head of Accounts
The break-up of receipts includes tax revenue, non-tax revenue, grants and aids, and capital receipts.
Month-wise Summary of various transactions
The month-wise summary of transactions details total receipts, expenditures, and adjustments for each month, categorized by account heads.
Real-time Expenditure and Receipt details
- Real-time updates on government spending across different departments and projects.
- DBreakdown of expenditure by head of account, department, and project.
- Information on how budget allocations are being utilized throughout the fiscal year.
- Details on payments made for contracts and ongoing government projects.
- Real-time data on revenues collected from taxes, fees, and other sources.
- Information on funds received from central government grants and international aid.
- Details on donations and contributions from the public.
Break-up of Expenditure on various Head of Accounts based on detail and object heads
In Kerala's IFMS, expenditure is categorized into detail heads and object heads. Detail heads include salaries, office expenses, grants, and development projects.
Object heads split costs into capital expenditure (long-term assets) and revenue expenditure (operational costs). This classification ensures transparency and efficient financial management, enabling clear tracking of government spending and alignment with budgetary goals.
The IFMS Kerala system categorizes expenditure to ensure transparency, accountability, and efficient financial management. By breaking down expenses into detailed and object heads, it facilitates better tracking and analysis of government spending, aligning it with budgetary allocations and policy objectives.
Break-up of Receipt on various Head of Accounts
Detail Heads of Accounts:
- Tax Revenue: Includes receipts from taxes like income tax, sales tax, and property tax.
- Non-Tax Revenue: Covers income from government services, fees, fines, and penalties.
- Grants and Aids: Encompasses financial assistance received from central government or international organizations.
- Capital Receipts: Includes proceeds from loans, asset sales, and other non-recurring sources.
Object Heads of Accounts:
- Revenue Receipts: Regular income from taxes, fees, and other routine sources.
- Capital Receipts: Funds from loans, asset sales, or other infrequent sources.
This breakdown ensures accurate tracking and reporting of government revenues.
Month-wise Summary of various transactions
In Kerala's IFMS, the month-wise summary of various transactions provides a detailed overview of financial activities on a monthly basis.
- Categorization: Transactions are sorted based on heads of accounts, including revenue and capital receipts, and detail heads of expenditures.
- Compilation: A summary report is generated at the end of each month, aggregating data by category and providing insights into total receipts, expenditures, and net balances.
- Review and Analysis: The summary helps in reviewing monthly financial performance, ensuring compliance with budgetary provisions, and planning future financial activities.
This process aids in maintaining accurate financial records and facilitates effective financial management and reporting.
Contact
Address
Department of Finance
Secretariat,Thiruvananthapuram
Kerala
Call Us
0471 - 2322533
0471- 2323963
Email Us
dir.tsry@kerala.gov.in
keralatreasury@gmail.com
Working Hours
Mon - Fri: 10AM to 5PM