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Plan Accounts Division

About the division

Tasks and Duties:

1 – Monitoring the financing of the current account with the bank by the Finance Department and the Central Bank..
2 -Disbursing amounts to contractors against advances for completed work items after verification according to budget implementation instructions    and government contract implementation instructions..
3 -Conducting cash transactions.
4 -Preparation of monthly accounts and notification of the Ministries of Education and Finance with copies thereof
5 -Preparation of closing accounts.
6 -Monitoring letters of guarantee for purchases.
7 -Responsible for the Department of Accounts of the Higher Education Fund.
8 -Receiving contributions from the allocations funds into the account of the Higher Education Fund for the university.
9 -Organizing expenditure vouchers and entries related to the account of the Higher Education Fund.
10-Organizing primary and subsidiary ledgers and maintaining them for the fund’s account.
11-Preparation of the monthly audit balance and preparation of analytical statements and accompanying schedules.
12-Preparation of closing accounts and their schedules.
 
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