In the upcoming IT Project 2.0, to simplify the
accounting and ease the transparent flow of Cash
based accounting, the existing accrual based
double accounting system implemented through
a COTS product viz., SAP, is to be replaced with
a fully customized centralized system in
accordance with the Government Accounting
Rules and Department Rules of Accounting at
each Office, agreed and consolidated at DDO
level. This system will be termed as “DoP-FMS”,
similar to PFMS of GoI, to facilitate internal
accounting of “Consolidated Fund of India“ &
“Public Fund” within DoP and maintains related
information. DoP-FMS will be integrated with
PFMS platform of Government of India to submit
accounts data within the least possible time,
preferably, on T+1 basis, by PAOs.
The complete integrated solution is targeted to be
implemented w.e.f 1st April 2024 across the
country, as the current contract is expected to be
completed by September-2023, with
implementation of pilot of new solution till 31st
March 2024.