Public Financial Management Reform Program (PFMRP) has been highlighted as the key for Public Administration Reform, which is one of the four reform areas in Good Governance that forms the core of the Rectangular Strategy. The PFMRP is a comprehensive and long term reform program with ambitious vision to improve Cambodia public financial management system to international standard level through four Platforms: (i) Improving budget credibility; (ii) Improving financial accountability; (iii) Improving budget policy linkages; and (iv) Improving performance accountability.
Financial Management Information System (FMIS) is established in Stage 2 to act as a key element in supporting to the implementation of the PFMRP project. The implementation of FMIS has divided into two major phases; in phase one, we have implemented six core modules: Budget Allocation (BA), Cash Management (CM), General Ledger (GL), Account Payable (AP), Account Receive (AR) and Purchase Order (PO) which are being used by 7 relevant General Departments of the Ministry of Economy and Finance including: General Department of National Treasury (GDNT), General Department of Budget (GDB), General Department of Public Procurement (GDPP), General Department of Sub-National Administration Finance (GDSNAF), General Department of International Cooperation and Debt Management (GDCDM), General Department of Internal Audit (GDI), General Inspectorate Department (GID). Meanwhile, five modules, BA, CM, AP, AR and GL, have also been deployed and implemented to all 25 C-PTs.
The six modules of FMIS have very significant roles and are interrelated with one another technically and standardly; their combination enables users to produce various financial reports efficiently, accurately and in a timely manner. Budget Allocation Module (BA), in addition, is used to record budget, which is approved by National Assembly, for each ministry or unit. It requires 4 core users such as: Transaction entry officer, Approver, Posting officer, Reviewer/Enquiry report officer and they are allowed to do Budget Transfer and Budget Adjustment. BA module, for instance, is strongly related to two modules: Purchase Order (PO) and Account Payable (AP); if there is no record of budget transaction in BA function in the system, these two functions cannot be used to operate any transaction or record any financial transaction.
BA module offers two main report categories:
• Customized report:
Central level: Department of Budget Formulation can query budget status report while in Sub-national level: General Department of Sub-National Allocation Financial can query revenue and expense report for sub-national administration.
• Standard report:
It offers two types of reports: Budget status and Ledger detail, as well as, Activity log function which portraits budget transaction that have or have not been checked.