CHAPTER ONE
INTRODUCTION
Financial tracking an be regarded as the process which ensures that financial resources are obtained economically and used efficiently and effectively in the accomplishment of the desired goals. These processes involve monitoring and analyzing health organization finial condition general and special amount, tracking budgetary procedures, financial statements and reports, payroll/income max calculation and salary payments, and mongering cash flow.
Price of computer all these processes and activities were done manually. The expansion of the university of Nigerian teaching hospital UNTH, Enugu just like any other health organization, will not only intensify but also diversify the financial operations thereby making the activities increasingly difficult and wearisome. The volume of transaction has already increased to a level that requires automation.
Convincingly, the field of data processing a was not easy to get by and so over the years (in the field of data processing with utmost speed) mankind has searched for the extra-ordinary. At such time came the emergence of the computer which is widely used virtually in al areas of human endeavour.
The increase in the use of computer in bolt public and private institution of the world economic is an undisputable conclusion for efficiency, speed and accuracy of its operations in achieving results.
However, the manual processes and procedures of financial resources allocations and utilization in our contemporary days has been confronted with consistent problems of errors and wastage of time which are traceable to human mistakes and shortcomings.
The establishment of a sustainable, manageable, reliable and flexible financial tracking system for UNTH to curb these problems inherent in the existing system is the bases of this project work. Such as financial tracking system will support all operational counting procedures as well as financial tracking.
1.1 STATEMENT OF PROBLEM
The problems faced in the financial tracking activities includes
the consistent prevalence of errors in calculations arrived out on financial reports which re are traceable to human mistakes and shortcoming.
Improper, handling mistakes of financial statement, report and records as a result of the retrieval presupposes which led to many files been misplaced.
The interval or time consumed in analyzing and ascertaining the accuracy and approval of financial statements and accounts which in turn effects decision-making and policy formulation.
This research work is prompted to these problems for it is the basis of the above problem facing manually financial tracking procedures and activities today that installed the researchers to look into the subject of curbing and controlling financial tracking activities manually.