PFMS(Public Financial Management System)
PFMS (The Public Financial Management System) is a government-run platform for managing the financial transactions of various government departments and organizations. It is used for tracking and monitoring the flow of funds from the central government to state governments and other implementing agencies.
The system is used for real-time monitoring of transactions, reconciliation of accounts, and preparation of reports. It aims to improve the transparency and accountability of government financial transactions, and to ensure that funds are utilized efficiently and effectively.
The PFMS is operated by the Office of Controller General of Accounts (CGA) in the Ministry of Finance, Government of India. It is an important tool for government financial management and is widely used across various levels of government in India.
How to use PFMS:
Step 1:- Go to www.pfms.nic.in—–>login with admin user id which is allotted by department.
Step 2:- Now click on “Bank” then select “account activation E-payment” —–>Now select Scheme in which you received funds from Government———>Enter your account no. then click on “select” button then click on “Account activation Type” —–>select “Epayment Using Printadvice” now click on Submit button. Now your ZBSA account is linked to Scheme. Now start funds/budget receiving from Government.
How to Check Fund received in PFMS
Step 3:- Now click on “Master” ——>Drawing limit of agency then fill are required data then know your fund received from agency.
How to create Operator and Approver id
Step 4:- Click on “Master” then go to —>”User” then click on “Add new” Then select “Agency Data Operator ” and fill all required details then submit. Now operator or Maker id created. Same as it is we make Approver or Checker id.
Important : Note the operator id and approver id
How to Create vendors in PFMS
Login into Operator/Maker id of PFMS———->then go to Master——->then Vendors——>then click on Add new.
In vendors menu we add two types of vendors details :
1) Personal —->In case of labour/small shop payment then Add Personal Bank account details of Man/Women(In this case shop not Registered/not get GST no.)
2) Commercial ——-> In this type of payment we add commercial details of any registered firm/shop with GST No.
Fill the all mandatory details like Name , Address, Mob. no. , Email id ,Account no. etc. then click on “add” Button.
Now vendor added in your PFMS id.
If a pop up message show vendors already exist then copy unique id of vendor then go to Master—>Vendors then go to Manage then select from the drop down menu “Vendors not mapped with me” then enter unique code of vendor then search now show the details of vendor then check bank account details of such vendor if details are match with your vendor then click on mapped button. Now this vendor mapped with your PFMS account.
After vendor Bank status show “success in Bank” now we can payment to this vendor. Follow these steps we can add many vendors and pay the payment to vendors. See more details click here