Friday, March 18, 2016

Verification of all accounts in Finacle before end of financial year interest calculation

Important instruction: verification before End of Year interest calculation 

We are nearing the end of the financial year when interest calculation and posting are due for SB accounts. 

Post Offices advised to verify all the accounts which have been modified but verification is pending since interest posting for such accounts will fail resulting in complaints and tickets being raised for non-posting of interest. 

Unverified accounts can be listed by respective offices using the HAFI menu. Following are the fields to be entered in HAFI for finding out unverified transactions: 

Procedure to view the unverified accounts

Invoke the menu HAFI and enter the following details as mentioned below
Enter the SOL ID ____________
Enter the Table Short Name as "GAM"
In the Ref NO files "give two balnk spaces"
Enter the General Ledger Subhead code as _________
Enter the function code as "M" 
Select the Authorized option as "Not authorized" as mentioned in the below screen shot 

Following are the Genearl Ledger Subhead codes 
SB - 30001
PPF - 33001
NSS87 -30021
NSS92 -30022
RD -30010
TD 1 YR - 30011
TD 2YR - 30012
TD 3YR - 30013
TD 5YR - 30014
TD EXCEPTION - 30015
MIS - 30016
MIS EXCEPTION - 30017
SCSS DEFENCE - 30018
SCSS VRS - 30019
SCSS GENERAL - 30020.
After entering all the details then click on Go then the system will show the list of unverified accounts as shown in the below figure. 

Note that if any verificaiton is pending in DOP Finalce application then the system will not calculate the interest for such unverified accounts.So kindly verify immediately. 

Accounts thus identified have to verified to ensure interest is calculated and posted in them .

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