Advantages of using ibas++
Advantages of using ibas++ The Government of Bangladesh has launched ibas++ for the convenience of government work and in the interest of budget control. In this case, all the benefits of using this web-based software are mentioned below.
- ibas++ Centralized and Internet-Based Software.
- General prepares ledger-based financial reports.
- Every step of budget management such as – budget formulation, budget allocation distribution and distribution, the release of funds, re-appropriation facilities.
- Preparation of database of government officials, employees and pensioners.
- Field-level offices and gazetted officers submit all types of bills online including salary and festival allowance bills. The advantage of knowing the latest status of the bill.
- Employees’ salary and festival allowance bills submitted online through DDO.
- Payment of allowances and pensions through EFT.
- During the passage of the bill, it automatically verifies the allocation of each economic code and controls the expenditure.
- Automatically reconcile accounts between the Accounting Officer and the DDO.
- Automation of general future funds, preparation of loan and advance ledgers and sub-ledger automation.
- Issuance of income tax deduction certificate at source and GPF prepare annual accounts automatically.
- Automatically calculates income and expenditure.
- The daily full picture of income and expenditure of the whole country is available.
Advantages of using ibas++ The use of this software has reduced fraud and speed up the work and the work can be done in a very short time. Transparency in government work has come and corruption has decreased.