IFMIS subsystems access a centralized database. |
- As a transaction is recorded in one subsystem, if it affects account balances in another subsystem, IFMIS adjusts the appropriate account in real time.
- For example, when a commitment is entered in cost posting, the funding subsystem checks for funds availability. If sufficient funds are available, the transaction is completed and the committed funds are subtracted from available funds as shown in the diagram.
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IFMIS ensures that FEMA maintains sufficient funds control over budgeted resources by tracking all entries.
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