Making Teller balances as ZERO - Important instructions by DD,CEPT, Chennai

As per SB order 5/2016 point number 06 and 23, identifie designated PA has to check the Teller balancces daily. The procedure mentioned below is for further guidance to all Regions

Point number 23:- Teller Cash Account of each Single/Double HandedSO should be checked at HO by a designated PA to ensure that balancehas been made as 0 (Zero)

Pl follow the below procedure :-

1. Identifed PA has to log-in in FinalceMIS URL and use menu HACSP
2. give SOLID/SETID :- Pl enter HO SETID or particulars SOL ID
3. General Ledger Sub Head Code :- 10002
4. Account balance type :- Debit balance
5. Future balance :- NO
6. Submit

By following the above procedure at the end of the day user can check that all teller a/c balances should be ZERO. If any teller a/c showingbalance at the end of the day the same may be reported to concerned Divisional Office for further course of action against the tellers.

Note:- The procedure has to follow after completion of Business hours only.

Pl find the DD, CEPT instructions in this connection.

Respected Sir(s) / Madam(s),

A kind reference is invited to CEPT email dated 22nd March 2017. A cut-off date of 15thApril 2017 is fixed to make all teller cash “Zero”.

Critical parameter check is proposed to be introduced from 16th April 2017:

A validation is set as a parameter to check before HISCOD is completed Those offices, where the users are having balance in teller account will not be able to close their offices Respective CPCs will not be able to run HSCOD if this validation fails.Hence, it is once again requested that severe and critical instructions may kindly be issued to all concerned and SPOCS to ensure that telleraccount of all users (including those who are not part of CBS wherever they are working) are made ZERO before 15th April 2017

All necessary support would be extended to address the problems in POs

With effect from 16th April 2017, the validation to check as to whether the telleraccount of those users attached to the SOLs are ZERO before completing HISCOD will be introduced.

As part of vigilance initiative and prevention of frauds, this has the approval of FS division