Dept of Finance suspends use of Government's new accounting system 

The new report states that 'most of the users formally expressed... their dissatisfaction with elements of the system’s performance and functionality' when FMSS was rolled out in 2022. Picture: iStock

The Department of Finance has suspended the use of the Government’s new public service accounting system for its central exchequer fund due to concerns over its “performance and functionality”.

The department, which manages the State’s bank accounts, “made the decision to pause” the transfer of the exchequer to the new Financial Management Shared Services (FMSS) system last September, according to the latest report into the public accounts, published on Friday.