Indian Railway main logo Welcome to Indian Railways View Content in Hindi
View Content in Hindi
National Emblem of India

About MCF

News & Information

Department

Tender Information

Vendor Information

Employee’s Corner

Contact Us



Bookmark Mail this page Print this page
QUICK LINKS
Function of Department

FUNCTIONS OF ACCOUNTS DEPARTMENT

  • The Accounts Department of the Railway Administrations is mainly responsible for : ·
  • Keeping the accounts of the Railway in accordance with the prescribed rules;
  • The check with reference to Rules or orders (known as “INTERNAL CHECK”) of transactions affecting the receipts and expenditure of Railway; ·
  • Prompt settlement of proper claims against the Railway; 
  • Tendering as part of its important functions, advice to Administration whenever required or necessary in all matters involving Railway Finance;
  • Compilation of Budgets in consultation with other departments and monitoring the budgetary control procedures as may be laid down in the relevant orders and code rules from time to time;
  • Generally discharging other management accounting functions such as providing financial data for management reporting, assisting inventory management, participation in purchase/contracting decisions and surveys for major schemes in accordance with relevant rules and orders; and ·
  • Seeing that there are no financial irregularities in the transactions of the Railway.

 


INSTRUCTIONS TO SUPPLIERS/CONTRACTORS

  • Tederers should furnish NEFT particulars along with their quotations.
  • Suppliers/Contractors payments will be made through NEFT only
  • All the suppliers should enroll for NEFT payment made and option forms and e-mail id particulars are to be forwarded to FA & CAO’s Office.
  • Payment through NEFT is based on the vendor No. / supplier code available in the purchase orders.  Suppliers may obtain Vendor No. from Stores Department.
  • In case of contractors, the vendor code may be obtained from the concerned executive department and NEFT option forms may also be submitted to the concerned executive departments.
  • Suppliers / Contractors should mention their vendor no, bank account no (in full) and IFSC in their bill which will be verified with the particulars already submitted by the firms.



Source : Welcome to Modern Coach Factory Raebareli Official Website CMS Team Last Reviewed on: 17-01-2019  

  Admin Login | Site Map | Contact Us | RTI | Disclaimer | Terms & Conditions | Privacy Policy Valid CSS! Valid XHTML 1.0 Strict

© 2016  All Rights Reserved.

This is the Portal of Indian Railways, developed with an objective to enable a single window access to information and services being provided by the various Indian Railways entities. The content in this Portal is the result of a collaborative effort of various Indian Railways Entities and Departments Maintained by CRIS, Ministry of Railways, Government of India.