NAIROBI, Kenya, Dec 16 – Suppliers doing business with the government have until 31st January 2017 to update their profile details in the Integrated Financial Management Information System (IFMIS).
The completion of the integration of IFMIS, iTax and the Central Bank of Kenya systems means the government will now track supplies and payments across the national and county governments.
KRA, in a statement, said suppliers who will not have updated their details by the due date may have difficulties in submitting their bids through the e-procurement module and in receiving payments through IFMIS.
“This process will help suppliers to ‘self-clean’ their details in IFMIS,” said the statement, co-signed by the National Treasury.
“The integration will facilitate timely payment to suppliers, generation of withholding tax certificates on amounts withheld by Withholding Agents and faster processing of Tax Compliance Certificates (TCC).”
Suppliers are required to work with government procuring entities to facilitate the updating of business names, registration number, physical address, PIN, postal address, telephone number and email address.
In addition, sole proprietors operating more than one business, are now required to update their details in iTax for each business name.
“In order to update registration details in iTax and IFMIS, suppliers will be required to first update their records in iTax upon which they will proceed to update their records in IFMIS Portal.”
Further, suppliers will be individually identified using both the PIN and the business registration number.