ABSTRACT
The work presents a design of a computerized internally generated revenue information system  for ENUGU EAST L.G.A. There are several ways in which the term revenue is used. A revenue account is the equivalent of the profit and loss account. Revenue expenditure (as distinct from capital expenditure) is expenditure that is deemed to affect only the current accounting period and is therefore written off to the revenue account during that period. Judgments also have to be made on when a company should or can recognize revenue. In general, it depends more on when contractual obligations are fulfilled than when the money is received; for example, revenue is normally recognized when delivery has been made and the goods have been invoiced even though the payment may not be received for another month.
The computerized internally generated revenue information system (CIRGS) is a tool that will assist ENUGU EAST L.G.A administrators in interpreting the revenue outcomes of operational decision-making. It will help administrators to decide whether their programs revenue health is better or worse than during previous accounting periods or past budget periods.
ORGANIZATION OF WORK
This project work is primarily designed to give an insight to Computerized internally generated revenue information system .
Chapter one talks about introduction to Computerized internally generated revenue information system , study of problem and objectives as well as definition of the scope.
Chapter two comprises the literature review. Chapter three gives the detailed information about the existing (old) system, while chapter four and five deals with the design and implantation of new system.
Chapter six document the project work, while chapter seven summaries, conclusion and suggestions were made.
TABLE OF CONTENTS
Title page i
Certification ii
Dedication iii
Acknowledgement iv
Abstract v
Table of contents vii
CHAPTER ONE
INTRODUCTION 1
1.1 Background of the study 1
1.2 State of the problem 2
1.3 Purpose of the study 3
1.4 Aims and objectives 3
1.5 Scope of study 5
1.6 Limitations of study 5
1.7 Assumptions 6
1.8 Definition of terms 7
CHAPTER TWO
LITERATURE REVIEW 8
CHAPTER THREE
- Description
and analysis of existing system 15
- Fact finding method used 17
- Organization structure 19
- Objectives of Existing system 21
- Input, Process and Output Analysis 22
- Information Flow Diagrams 26
- Problems of the Existing System 27
- Justification of the New System 28
CHAPTER FOUR
- Design
of the New System 30
- Input Specification and design 30
- Output specification and design 32
- File Design 34
- Procedure chart 36
- System flow chart 38
- System requirements 40
CHAPTER FIVE
- Implementation 42
- Program Design 45
- Program Flowchart 48
- Pseudo code 54
- Source Program: Test Run 59
CHAPTER SIX
Documentation 60
CHAPTER SEVEN
- Recommendation 62
- Conclusion 64
Bibliography 65
1.0Â CHAPTER ONE
INTRODUCTION
The Computerized internally generated revenue information system (CIRGS) is an operational system that supplies the reports and data that are used for 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 ad hoc requests for custodial revenue reports.
CIRGS 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:
STATEMENT OF PROBLEM
Owing to:
The difficulties people face in keeping information/data.
Unwillingness attitude of some ENUGU EAST L.G.A staff when dealing with data/information.
Fragile nature of information/data.
Error encountered in revenue analysis.
Mispresentation of revenue data.
Difficulties people encountered when searching for a given information.
Time wasted in searching for information on packed files.
Time wasted in sorting files.
Important nature of data/information in the growth of any organization.
