DEVELOPMENT AND IMPLEMENTATION OF FINANCIAL MANAGEMENT SYSTEM FOR EGOVERNANCE AT PUNJAB AGRICULTURAL UNIVERSITY
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Date
2011
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PAU Ludhiana
Abstract
These days, it seems like everything is happening online, and accounting is no exception.
While many financial bookkeeping practices have been computerized for some time, online
accounting and bookkeeping is still relatively new. In a large organization, accounting
requires a lot of paperwork, and maintaining accurate records can be terribly difficult. So
there is an essence of computer software that provides applications for easy data entry and
record of financial transactions. Keeping this in mind, Financial Management System
application software has been developed. FMS application software enhances the way
organizations record financial transactions and flow information through their divisions and
departments. It allows easy updation of financial records electronically, without having to
deal with stacks of paper. Also software application help speed the time it takes to update
records and keep employees informed of important financial information. FMS plays
significant role in decision making processes. This software helps senior management to
prepare financial statements such as income statements. The database has been designed using
MySQL and the application has been developed using PHP, JavaScript, AJAX, CSS and
HTML.
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