Tuesday, May 03, 2016

May day celebrated by AIPEU-NFPE Gonda (UP Circle)

It is to inform that May Day Celebrated in Gonda Dn (UP) on 1/5/16.

Com J P Dubey Working President AIPEU Gr C said that we have won so many times and we should also win this time but united struggle is the key of sucess. Always follow the key concept Unity for Struggle and Struggle for Unity.

Com S P Pandey Divisional Secretary P 3 briefly explained about the future course of action against retrograde recommendations of 7th CPC and neo liberal policies and privatization Policy of the Govt. He said that NJCA declared indefnite Strike from 11 July 16. An aggitational programe of Satyagrah/Dharna decided by NFPE on 9/8/16 (Quit India Day). One Day Nation wide General Strike On 2/9/16.
Com S K Ojha said that always remebet the key lines oF Com Babu tarapada that workers are not beggars they are the salt of the earth....... Since Independence we are fighting for minimum wage and 7th CPC not met the ligtimate demands of Unions. Be prepare for Strike its time to show the unity. Roll back of EPF tax and EPF intrest rates are the finest example of United Struggle.

Gonda Division is well prepared for strikr and all comrades are ready to take solidatory action on call of NFPE.

Faternally Yours
Viswambhar Nath Dwivedi
Astt Secretary AIPEU Gr C
Gonda Division Gonda 271001
Uttar Pradesh
Mo No 09454200250
Join AIPEU affiliated with NFPE

Migration of Erthangal SO to CBS

The Erthangal SO - 632 604 / Gudiyattam HO / Tirupattur Dvn has been migrated to CBS on 02/05/2016.










Export of Prohibited items to Japan by DOP


Cadre restructuring of stenographers in non secretariat offices of Department of Posts

Cadre restructuring of stenographers in non secretariat offices of Department of Posts

Secretary, JCM National Council Staff Side writes to Cabinet Secretary on 7th CPC

CAT Ernakulam Bench kept transfer of Postmaster (IP LIne ) post ( HSG-I) to General Line till 18.05.2016

https://3.bp.blogspot.com/-hYPgLLujIRI/VygUlaUgvTI/AAAAAAAAbNI/DaBMcAfAjeIII7AIBmQTkjCtIA2yd-qywCLcB/s1600/scan0001.jpg

Restriction on EPF withdrawal

Press Information Bureau 
Government of India
Ministry of Labour & Employment
02-May-2016 18:07 IST

Restriction on EPF withdrawal 
As per extant rules governing the withdrawal of Employer’s contribution from the Employees Provident Fund Scheme, a member can withdraw both the employer’s share of contribution and his own share under the following circumstances: - 

(i) On retirement from service after attaining the age of 55 years. 
(ii) On retirement on account of permanent and total incapacity for work due to bodily or mental infirmity. 
(iii) On migration from India for permanent settlement abroad. 
(iv) On termination of service in the case of mass or individual retrenchment. 
(v) On termination of service under a voluntary scheme of retirement. 
(vi) On ceasing to be an employee in any establishment. 

However, notification No. G.S.R.158(E) dated 10.02.2016 restricting the withdrawal of 3.67 per cent of employer’s share of contribution till the age of 58 years has since been withdrawn by the Government on 19.04.2016. 

This information given by Shri Bandaru Dattatreya, the Minister of State (IC) for Labour and Employment, in reply to a question in Lok Sabha today.

Bourrage Error in Olivetti PR2 Plus Passbook printer

Bourrage Error comes in the Passbook Printer of Olivetti PR2 Plus. This error may occurs due to the paper jamming in the passbook printer. Clear the Paper Jam and do the calibration to enable the readiness in the status of the printer.

See the service Manual for further action


Finacle Training Lesson 8 [Office Accounts]

FINACLE TRAINING LESSON 8


Recap

In the previous lesson we have learnt about debit and credit entries of a transaction. We have also learnt about office accounts in an office. If you have not read the previous lesson, please read it first and then come back here.

In this lesson we will learn about most commonly used office accounts.

Commonly Used office accounts.

The most commonly used accounts are as follows.

SL NO Account ID Name ofthe A/C
1 [SOL ID]0335 TD SUNDRY ACCOUNT
2 [SOL ID]0337 MIS SUNDRY ACCOUNT
3 [SOL ID]0338 SCSS SUNDRY ACCOUNT
4 [SOL ID]0339 BO SETTLEMENT ACCOUNT
5 [SOL ID]0340 REPAYMENT ACCOUNT OR POSTMASTER ACCOUNT
6 [SOL ID]0406 VAULT ACCOUNT
7 [SOL ID]0017 BANK CHEQUE CLEARANCE OF SUBSEQUENT TRANSACTION CHEQUES
8 [SOL ID]0382 BANK CHEQUE CLEARANCE OF NEW ACCOUNT CHEQUES
9 [SOL ID] 0501,0502 etc TELLER ACCOUNTS
Let’s discuss each account in detail one by one.

Sundry accounts: 

Sundry accounts are used when there is no other account to deposit a particular amount.
Finacle is designed assuming every customer should have one SB account before opening of any other account. But previously this rule was not there for us. So customers have directly opened MIS/TD/SCSS etc accounts without opening SB accounts. Also previously in Sanchay post we used to withdraw interest from MIS/TD/SCSS accounts and make the payment.

But in finacle what happens is, on due date of every month/quarter/year, interest from MIS/SCSS/TD account will be withdrawn automatically and deposited in customer’s SB account. For those customers who do not have SB account also, the interest will be withdrawn from the MIS/TD/SCSS accounts. This withdrawn amount should go into some account, because there should be a credit entry. This interest will go in to sundry account.

For every scheme there will be one sundry account. There will be MIS sundry account for MIS, RD sundry account for RD, PPF sundry account for PPF etc. But we will not use all sundry accounts in office. So I will not discuss about them here.

So the interest of MIS/TD/SCSS accounts which are not linked to respective SB accounts will go to corresponding sundry accounts.

I hope you are getting my point. Interest of MIS accounts which are not linked to SB account will go into MIS sundry account. Similarly SCSS quarterly interest of accounts which are not linked to SB accounts will go into SCSS sundry account. Same will happen in the case of TD accounts also. The interest will go into TD sundry account.

If the customer comes for MIS/SCSS/TD interest withdrawal, then we will withdraw the amount from Sundry accounts instead of actual MIS/TD/SCSS account.

This process of withdrawing interest from Sundry accounts is called as REVERSAL
I will tell you in detail about the reversal process while covering interest withdrawal topic.

BO Settlement Account. 

By God’s grace if those RICT machines comes early, the miseries of all those offices BOs will become less. Until that time we have to wrestle with this BO settlement account for every transaction that takes place at a BO.

BO transactions take place at BO. Deposits (credits) and withdrawals (debits) which took place at BO have to be entered in Finacle in their corresponding SOs. Since these credits and debits does not relate to SO, their corresponding debits and credits should not affect office accounts of SO. 

So to overcome this problem they have introduced a separate office account. This office account is called as BO Settlement account ([SOL ID] {0339}).

All BO transactions are channeled or routed through BO settlement account only.
I will explain individual BO transactions in detail in future. For now just keep in mind that all BO transactions are routed through BO settlement account only.

Repayment account or Post master Account

As per Finacle all closure amounts should be deposited in customer SB account only. But many of our customers do not have SB accounts. Then how should we close the accounts? In these cases the closure proceeds are credited in to office Repayment account. This Repayment account is generally called as Post master account.

Let’s see with an example.

Let’s assume that we are closing an RD account. When we close the account, RD account is debited. But as per Finacle, customer’s SB account should be credited. Since many of our customers do not have SB accounts, we are crediting the closure proceeds in Repayment account.

(Closure proceeds mean closure amount. It’s a new term. Start using it in our day to day activities.)
Repayment account number is [SOL ID]{0340}

Vault Account 

In English, Vault means a big room used for storing money or any other valuable items. In finacle also it means the same. It’s similar to our treasury.

Daily in the morning we take cash advance from treasury and after counter closing we pay back all the cash in the counter to the treasury. This physical movement of cash should also be shown in Finacle. All the cash advance and cash repayment transactions should be entered in finacle.


In finacle advance and repayment transactions are done using VAULT account only.
I’ll explain in detail about how we take advance and how we repay the amount later. But for now please remember VAULT is equal to our treasury.
We take advance and make repayment using VAULT ID only.

Cheque Clearance accounts

I’ll explain about these cheque clearance accounts while explaining the procedure to send bank cheques from SO to HO topic. Please bear with me. It will be easy for you to understand while explaining about these accounts in that topic.


You might be thinking I’m skipping many topics by saying ‘I’ll explain later’. No I’m just postponing the explanation of those topics only because to make it easy for you. You’ll understand those topics in a better way in those situations only. Kindly bear with me till that time. 

Teller Accounts 

All the counter PAs and Supervisors will be allocated with a separate office accounts. All the transactions which you do in the counter will be reflected in your teller accounts. It is essential that your physical cash position is tallied with system cash position to ensure the correctness of all the transactions which you have done on a particular day.


So these are the most basic office accounts which we use to do transactions on a day to day basis.

Observations to be done at office

1. How many office accounts which you came across today?
2. Check the balance available in those office accounts using HACLINQ menu.

Points to remember

1. Try to remember all the office accounts by heart
2. Do not mess up with office accounts. They are closely watched by the auditors.
3. If you do mistake w.r.t any office account, immediately make error entries and try to reverse the error. 

Read more


Source : poupdates.blogspot.com

7th Pay Commission: Empowered committee pushing for substantial increase in salaries

7th Pay Commission: Empowered committee pushing for substantial increase in salaries, Please read this news paper report published in English news paper:-

Directorate issued one time relaxation of qualifying service for filling up of vacancies of cadre of PM Gr.II and Gr. III

Relaxation of eligibility in service condition for Promotions to the cadre of Postmaster Grade II (G.P.4200) and Postmaster Grade-III (G.P.4600)