However, many banks have BC outstanding over a year. Auditor can verify if RBI norms are followed in asset classification or not. It also shows the last review date and expiry date of the account. Here you get the list of accounts with outstanding balance.However, it also provides a wide range of information of a particular account. Follow these steps to get the necessary information. Here we have to report only those accounts which have outstanding overdraft. So we use the "lrp" limit liability report command to get the list of accounts with overdraft. Here in the case of CC cash credit accounts it is complex to get that information from acs because these accounts already have a debit balance in their accounts CC limit given by the bank and the overdraft is over and above the CC limit. As we saw in the case of CD accounts we get the list of accounts with OD by following acs account selection command. One of the facilities which commercial banks provide to businessmen is cash credit facility.
#Finacle commands used for banking how to#
Benjamin marauder air compressorĪdvertisement How to check the Overdraft in Cash Credit accounts. If an OD is outside the authority of Branch then check the sanction letter and enter the name of authority in the report also report the sanction number written on the sanction letter. Use circulars to decide if an OD is within the power of branch or needs a sanction from higher authorities. Here you get the necessary information to report the overdrafts. Follow these steps to gather the required information. Such as date of overdraft in CD account, due date of OD, balance outstanding e. This page will give you the list of the accounts with outstanding balance but you need some more information in order to report the same. Most Used Finacle Commands which are a must to learn for beginners. And more based on the type of bank and type of branch in the bank. Some of the aspects Concurrent Auditors have to take care of. It is much easier to use than it seems to you when you first visit a bank for audit purposes. I was on the first interaction page wondering what to do with this software, but with the help of my Principal I developed a smooth hand on its use and learnt a lot about it. In my first experience with finacle during the initial days of conducting ConcurrentAaudit of a bank I also faced the same scenario. Due to internet blackout i was not able to reply, tell me if you still want the answer. We will add out next post about Business Environment. Can you write something about money laundering. You have to generate general ledger report for that get in touch to know more. I'm updating it continuously, and soon i'll add more topics under the head, you can also specify which concepts you would like us to cover for you, Thanks for the feedback Sorry for late reply but if uh still need to know then here is the info.