Archive · 23 Jul 2026

GVMC's Digital Accounting Systems Under Review

GVMC's Digital Accounting Systems Under Review

A meeting was held at the Greater Visakhapatnam Municipal Corporation (GVMC) to review its digital accounting and ERP systems.

The Government Accounting Standards Advisory Board (GASAB) is conducting a field assessment to prepare a new National Municipal Accounting Manual (NMAM–2.0).

The assessment aims to evaluate accounting practices, digital financial management systems, and technological capabilities of Urban Local Bodies across India.

GVMC presented its digital initiatives, including its e-Municipal ERP and DEABAS-CGG-based accounting system.

The government emphasized the importance of digital governance and transparent accounting practices.

The findings will help develop a modern accounting framework for municipalities nationwide.

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