Vault Operation- Introduction in Finacle

1. In Finacle, cash is handled through VAULT.
2. All Counter Operator (PAs) are called as Tellers and each Teller is allotted Teller Cash Account.
3. Cash taken from Treasurer is to be first entered in Teller’s cash account and main Vault account of the Supervisor by each Counter PA(Teller).
4. Supervisor will verify these entries in the Finacle CBS Application. Only after this, a cash transaction can be done by Counter PA.
5. All cash receipts and payments done at the counter are entered into Teller Cash Account automatically.
6. Each Counter PA(Teller) has to tally his cash at the close of the counter with his Teller Cash Account.
7. After tallying cash, all Counter PAs will return cash through Finacle Teller Cash Account to Supervisor’s Vault who in turn will verify these entries.
8. Physical cash will continue to be taken by Counter Pas from Treasurer and Counter PAs will also continue to return physical cash to Treasurer.
9. Supervisor has to ensure at the day end that Teller Cash Account of each Teller (Counter PA) is Zero.

Vault Operation should be done by invoke the below menu

HTM - Transaction Maintenance 

Note : HTM - Cash Reversal Process