Common Long book detail and Consolidation Report for BRN, SDP& AO - Pros and Cons

Heatful thank to each and every one involved to simplify the report generation process in Finacle 

Issues Noticed in the Common consolidated Report-BRN 

1. SI not reflected. No clarity whether the SI entries voucher and its reports discontinued? 

2. Agent Commission including TDS commission is not reflected in Payment Side. 

3. Agent TDS not reflected in Receipt Side. 

4. Scheme Code is not in proper for / may easy if it is in readable format like NSC, KVP, SB, RD, TD, SCSS, PPF, SSA. 

5. BO Account Opening is also reflected in Common long book detail report with scheme code as OAP and the total amount was reflected in receipt side of the consolidation report. 

6. Closure amount and its interest also reflected in the payment side of the BRN consolidation and also in Detail report. 

Issues Noticed in the Common consolidated Report-SDP & AO 

1. Multiple entries for single account creation. Internal entries may be removed like RICT AO and its Adjustment entries, AO entries. 

Note: Instead multiple entries, Account opening done at AO for BO should reflected if account opened in proper manner. (Initiate Request through RICT, AO Open account using F Number). Non reflection of report will indicate non accounting or improper account of BO account at AO. 

2. BO New Account transactions reflected in BO and also in SO Longbook and its consolidation. 

Pros : 

1. Reports more simplified. 

2. Reduce Time and Paper consumption. 

Cons: 

1. Could not tally the account of AO using Consolidation-BRN 

2. Internal entries reflected in the detail report of BRN and SDP &AO creates more confuse 

3. Product/Scheme codes are not in understandable format in the Report. 

Also read :Details of BOs for Which BO Slips are not generated in CSI

Suggestion: 

· CEPT may simplify the process even little more based on the issue discussed above. 

· Generation of Consolidation by Orderby Schemewise like SB,RD,SSA,PPF, etc., 

· Total amount of receipt and payment in words in the consolidation may be added automatically. 

· Number of vouchers of Transactions and New Account / Closure may add in the consolidation by deriving from details report. 

· SPM/Postmaster with Office name may be added at the end of the report for Signature. 

 

Heatful thank to each and every one involved to simplify the report generation process in Finacle 

Issues Noticed in the Common consolidated Report-BRN 

1. SI not reflected. No clarity whether the SI entries voucher and its reports discontinued? 

2. Agent Commission including TDS commission is not reflected in Payment Side. 

3. Agent TDS not reflected in Receipt Side. 

4. Scheme Code is not in proper for / may easy if it is in readable format like NSC, KVP, SB, RD, TD, SCSS, PPF, SSA. 

5. BO Account Opening is also reflected in Common long book detail report with scheme code as OAP and the total amount was reflected in receipt side of the consolidation report. 

6. Closure amount and its interest also reflected in the payment side of the BRN consolidation and also in Detail report. 

Issues Noticed in the Common consolidated Report-SDP & AO 

1. Multiple entries for single account creation. Internal entries may be removed like RICT AO and its Adjustment entries, AO entries. 

Note: Instead multiple entries, Account opening done at AO for BO should reflected if account opened in proper manner. (Initiate Request through RICT, AO Open account using F Number). Non reflection of report will indicate non accounting or improper account of BO account at AO. 

Also read :IPPB Finacle Reports available in Post Office

2. BO New Account transactions reflected in BO and also in SO Longbook and its consolidation. 

Pros : 

1. Reports more simplified. 

2. Reduce Time and Paper consumption. 

Cons: 

1. Could not tally the account of AO using Consolidation-BRN 

2. Internal entries reflected in the detail report of BRN and SDP &AO creates more confuse 

3. Product/Scheme codes are not in understandable format in the Report. 

Suggestion: 

· CEPT may simplify the process even little more based on the issue discussed above. 

· Generation of Consolidation by Orderby Schemewise like SB,RD,SSA,PPF, etc., 

· Total amount of receipt and payment in words in the consolidation may be added automatically. 

· Number of vouchers of Transactions and New Account / Closure may add in the consolidation by deriving from details report. 

· SPM/Postmaster with Office name may be added at the end of the report for Signature.