1.1 Background of Study:
The Automated Internally Generated Revenue Platform (AGRP) is an operational system that supplies the reports and data that are used to keep track of all revenues generated by Anambra State Government and keep the audit of the Custodial Revenue Statements of the IRS by the General Accounting Office (GAO). A major objective of the custodial Revenue reporting system is to be continuously and accurately responsive to regular and adhoc requests for custodial revenue reports. AGRP is currently in the Control phase of the IRS CPIC process where it is continuously monitored for cost, schedule, and project performance. The IRS ensures that operational systems are executed in a disciplined, well-managed, and consistent manner through timely oversight, quality control, and executive review.
The Administrative revenue operations, information systems, and statements are similar to those found in any large corporation. However, the Custodial revenue operations, information systems, and associated statements track tax revenues processed through the lRS pipeline. The pipeline is the IRS’ tax return processing channel that begins at initial receipt of tax returns and remittances and tracks the information/funds through postings on the Master Files, many large databases.
Revenue and Refunds: This system is used to identify all of the detailed transactions that posted to the Individual Master Files (IMF), Business Master Files (BMF), Individual Retirement Accounts File (IRAF), and Non-Master Files (NMF) during the fiscal year. These detail transactions are broken down into Revenue transactions, Refund transactions, Other Transactions that are part of the fiscal year, and Other Transactions that are not part of the fiscal year. Once these breakouts are done, revenue and refund reversal transactions are matched to the transactions they reverse. Paper and electronic reports are generated and distributed to the Office of the CFO and to GAO. The detailed files provide support for the amounts from the Interim Revenue Accounting Controls System (IRACS). The files are also made available to GAO for sampling and to validate the revenue statements.
Unpaid Assessments: The objective of Unpaid Assessments is to continue to provide the users, Chief Revenue Officer (CFO), Research, Compliance, and GAO, with required program changes for reporting, researching and auditing of the revenue statements for debit balance and frozen credit modules. The near term objectives are to support:
1.2 STATEMENT OF PROBLEM
Owing to:
1.3 AIMS AND OBJECTIVES
The aims and objectives of this project are listed below:
All these contributed to show that revenue office is now been influence by information technology.
1.4 PURPOSE OF STUDY
The main purpose of this study is to put to an end the difficulties people encountered during revenue generation. This is actualized by designing Authomated Internal Revenue Generation platform which is user friendly and interactive. By the time this software is designed and implemented, the difficulties encountered with other method of keeping revenue information will be eliminated.
1.5 SIGNIFICANCE OF STUDY
With the growth in information technology, the study offers numerous values both to the AIRS and to any organization that deals on Revenue data/information.
Huge of files kept in the offices will no longer be there again because information will be stored on the computer with the help of the Authomated Internal Revenue Generation Platform
Because of the easy to use nature of the Authomated Internal Revenue Generation platform, any organization can easily buy it to make use of them.
1.6 SCOPE OF STUDY
This project work is narrowed to IGR of Anambra State Internal Revenue Service. It deals with the development of Authomated Internal Revenue Generation System to help in the storage of revenue data/information in the AIRS revenue office. It stores all general revenue and individual information.
1.7 LIMITATION OF STUDY
Owing to the scope of this project work as stated above, this project work is limited to a Authomated Internal Revenue Generation platform for AIRS.
It is important to mention here that time was a major constraint in the course of fact finding. It is also wise to mention here that some information we need to work with was not collected because of the unwillingness of the staff to review such information.