Financial Management System definition

Financial Management System means an accounting system mandated to be included in the User Charge System which conforms with Generally Accepted Accounting Principles (GAAP) and accurately accounts for revenues generated by the system and expenditures for operation, maintenance and repairs (including replacement), including line item breakout of income sources and expense items, and provisions for adjusting operating cost data to reflect operating changes, wage escalation and staffing changes.
Financial Management System means the Council’s electronic purchasing and payments system, Agresso (or equivalent)
Financial Management System means the financial management system that the Borrower shall establish and operate or cause to be established and operated pursuant to Section 3.01 of the Project Agreement;

Examples of Financial Management System in a sentence

  • The SDBG will be submitted Through Structured Financial Management System (SFMS).

  • The PBG will be submitted through Structured Financial Management System (SFMS).

  • This 10% PBG will be released after satisfactory performance of all equipment/ items and fulfilment of contractual obligations including warranty obligations.7.9. The PBG will be submitted through Structured Financial Management System (SFMS).

  • These negative cash flow transactions are accounting transactions reflected in the City’s Financial Management System.

  • PIP is now available for vendors to set up a single bank account for all vendor payments made from the New York City Financial Management System (FMS).


More Definitions of Financial Management System

Financial Management System. Revenue Distribution System Credit Club Processing System Receivables System Referral Commission System Customer Adjustment System Commission Inquiry System Licensee Composite Accounts Payable (AP) General Ledger (GL) Money Management System (MMS) Time and Attendance (TAA) Rental
Financial Management System means the system referred to in Section 5.01 (c) of this Agreement;
Financial Management System means a system of planning, budgeting and accounting for financial resource management in accordance with international accounting standards, to be carried out by DBSA pursuant to paragraph 2 (b) of Schedule 4 to this Agreement;
Financial Management System means the methodology and software that the Government uses to oversee and govern its income, expenses and assets for purposes of optimising financial management, reporting and sustainability;
Financial Management System means the financial management system that Uttar Pradesh shall establish and operate pursuant to Section 3.01 of the Project Agreement;
Financial Management System means the Stand-alone Free balance accounting system or its successor deployed by MOF (as hereinafter defined) to account for development projects, including records and accounts, maintained by XXX (as hereinafter defined).
Financial Management System means the financial management system that KRWSSA shall establish and operate pursuant to Section 4.03 of the Project Agreement;