Sec. 5. Whenever any person is entitled to draw money from the state treasury, the state comptroller may draw a warrant in the state comptroller's favor on the treasurer of state or authorize an electronic funds transfer in conformity with IC 4-8.1-2-7. The state comptroller shall:
(1) enter in a proper book provided for that purpose every warrant or electronic funds transfer the state comptroller draws on the treasury:
(A) in the order the state comptroller issues the warrant or transfer;
(B) in a manner as to show the date;
(C) in whose favor drawn;
(D) the nature of the claim upon which it is founded; and
(E) with a reference to the law under which it is drawn;
(2) carry the entries into a book of general accounts, under separate and distinct heads; and
(3) number and file, in the state comptroller's office, all papers and vouchers upon which the state comptroller shall issue any warrant or electronic funds transfer for the payment of money.