Slogan: Financial Management with Professionalism, Innovativeness Excellence and Integrity.
Email: stelizpcfinance@yahoo.com
The function of the Accounting and Finance department is to maintain accountability for all financial transactions of the council.
To implement and minor internal control procedures and maintain an efficient financial accounting and reporting system that provide accurate, reliable and timely information to the council and citizens of St. Elizabeth.
Services:
- Payroll
- Accounts receivable and payable
- Budget and Commitment Control
- General Accounting
Methods of Payment for the Municipal Services:
- Managers Cheque
- Cash
- Debit / Credit Cards
- Director deposit (deposit to bank account)
Accounting Policy:
In accordance with generally accepted accounting Principles of the Financial Administration and Audit Act, (FAAA) (Parochial Rates and Finance Act and the Public Bodies Accountability Act).
The department in the 2013 – 2014 financial years will be adopting the International Public Sector Accounting standards (I.P.S.A.S) accrual accounting.
Accounting Procedures and Internal Controls:
The Internal Control Procedures incorporated in the accounting process are designed to safeguard the Councils funds under Management as well as to detect or prevent errors.
The department currently utilizes two accounting Software namely, Turbo Pay for Payroll Calculations and Sage Platinum for windows for general accounting.
This software has effective Safeguards to detect and prevent accounting errors.