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Sunday, 28 December 2014

MIS INTEREST PAYOUT IN DOP FINACLE

MIS INTEREST PAYOUT BY CASH:

HTM
Ø  Add
Ø  >>Cash Normal Payment (C/NP)         Go
Ø  Enter the Sundry MIS account id – sol id ending with 0337
Ø  Enter the tab.
Ø  Enter the amount of interest to be paid out.
Ø  Enter the MIS account id in the Reference column. (without this number, LOT will not be fetched correctly)
Ø  Additional Part tran details -> GO
Ø  In the next screen again enter the MIS account number in the Reference column.
Ø  In the next screen, the amount to be paid will be displayed. (If the customer wants only a partial amount, that amount can be corrected).
Ø  Then Accept
Ø  Then Post
Ø  On exception (cash limit) will appear. Give OK.
Ø  Post.
Ø  Note the tran id.
Ø  Supervisor should verify that tran id.


INTEREST PAYOUT BY CHEQUE:

If the interest amount exceeds cash limit or in case of the interest payment on the day of closure, cheque has to be issued.

HTM
Ø  Add
Ø  >>Customer induced (T/CI)        Go
Ø  Enter the Sundry MIS account id – sol id ending with 0337-
Ø  Enter the tab.
Ø  Enter the amount of interest to be paid out.
Ø  Enter the MIS account id in the Reference column. (without this number, LOT will not be fetched correctly)
Ø  Additional Part tran details -> GO
Ø  In the next screen again enter the MIS account number in the Reference column.
Ø  In the next screen, the amount to be paid will be displayed. (If the customer wants only a partial amount, that amount can be corrected).
Ø  Then Accept
Ø  Click the 2nd record button. 
On the top, record < 1 >  will appear. Click the arrow mark >. Then 2nd record will be opened.
Ø  Click the radio button Credit.
Ø  Enter the Post master Cheque account number ( sol id ending with 0340) -.
Ø  In the  amount, click the contra amount details button. Amount will be auto populated.
Ø  In the reference column, enter the MIS account number.
Ø  Then Post
Ø  On exception (cash limit) will appear. Give OK.
Ø  Post.
Ø  Note down the tran id.

Ø  Supervisor should verify that tran id.

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