{"id":694512,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/694512/?format=json","text_counter":643,"type":"speech","speaker_name":"Ms. Agnes Odhiambo","speaker_title":"The Controller of Budget","speaker":null,"content":" A cut-off point in accounting terminology is the point where you inform the entities that we will process our transactions for say the previous quarter by this date. Which means if you have processed payments in IFMIS, you ensure that all those payments are transmitted through the IB system then you will not end up with reconciliations between what is in IFMIS, what is in IB and what is in your ledger; you will avoid all these reconciliation problems. Therefore, that difference, in my view, as the Controller of Budget is a system issue. It is a matter that was sorted out in our view because we did not experience any discrepancies in the second quarter and third quarter. As I said, fourth quarter figures are not yet out."}