How to tally CSC Transaction and reflection in CSI Daily Account and TCB?

 Common Service Centre in Post Office - Accounting Procedure

CSC Transaction will automatically reflects in the Daily Account and TCB on the next day. No need to do Voucher posting for CSC transactions.

Lets see how to tally the CSC transactions and how it will account in CSI SAP

• In Wallet ledger, only the amount due to CSC is available. DOP commission remain in Wallet for each and every transaction. Exact amount payable to treasury is not readily available anywhere as of now.
• Therefore transaction register to be maintained manually at PO CSCs wherein all details about transactions viz., Date, Type of transaction and Biller Name, Amount, Mobile Number of customer, CSC
• Reference Number, Result of transaction (i.e., Successful SMS received by customer or not), Date and time of reversal (if any), etc., may be entered / updated then and there.
• Counter PA has to generate Wallet Ledger, Refund transactions list after closing the counter and tally the figures with the total/entries made in Transaction register, maintained manually.

A. Amount to CSC (wallet ledger amount)

B. DOP Commission/Revenue

C. Reversal transaction’s amount (Amount in “Passbook >> Refund” + DOP commission for refund transactions)

D. Amount to be remitted to treasury = [(A)+(B)] – (C)

Please refer to illustration given in the below image..

• Counter PA has to manually hand over the amount available with him to Treasurer along with wallet ledger print out duly tallied as above and signed.