- Generally we give IR entry for excess/short amount in DOP
- For IR entry in DOP Finacle there is a menu HIARM which is accessible only to SBCO Supervisor role only.
- Generally IR entry can be of two types i.e., Debit entry or Credit entry for a particular account.
- In General we will give IR entry for SB and PPF accounts in DOP.
What is a Credit Entry ?
- In general if the balance credited to the customer is less than the actual balance then we have to give the credit to that particular account which is known as Credit Entry.
- We generally face this situation if there is a missing credit for a particular account then the IBB calculation also goes wrong hence results in balance difference.
- For this situatuation we will calculate IR (Interest Rectification) i.e., Credit entry should be made for that particular account.
What is a Debit Entry ?
- In general if the balance credited to the customer is more than the actual balance then we have to give debit entry to that particular account which is known as Debit Entry.
- We generaly face this situation if there is excess deposit for a particular account then the IBB calculation also goes wrong hence results in balance difference.
- For this situation we will calculate IR i..e, Debit entry should be made for that particular account.
Step by Step Procedure of giving an IR entry in DOP Finalce
- .The menu option used for giving an IR entry is HIARM which is given only to SBCO supervisor role in DOP Finacle.
- HIARM stands for Interest Adjustment Register Maintainance.
- Invoke the menu HIARM then the system will show the below screen as mentioned in the below screen shot.
Then in the above screen enter the following details mentioned below
- Select the filed Function as "ADD"
- Select the field A/c/Bill/Disbursement as "A-A/cs"
- Enter the filed A/c /Bill/Disbursement ID as "Account number of the customer" then the system auto fills the SOL ID field as mentioned in the below screen shot.
Then in the above screen enter the following details as mentioned below
- Enter the field Adjusted amount as " enter the amount"
- Select the Debit/Credit Interest as "Debit/Credit" depends on the requirement.
- Select the Run Indicator field as always "Credit" ( even though it is debit transaction also we have select the run indicator as Credit only)
- Enter the field Applicable From Date as "01/04/xxxx" (Start date of the Financial Year).
- Enter the remarks field as "IR entry for FY " as mentioned in the below screen shot
Then click on Submit then the system will show the message "request submitted successfully"
Note:- IR entry added in the above mentioned steps will not effect in the ledger immediately i..e, debit or credit entry made using HIARM will effect during next interest calculation or during closure which ever is earlier.
10 comments
Sir how to change opening date and denominations in rd account because at the time of data entry in some account date of opening and in 2 account denomination feed wrong how to solve it's problem please help sir
Sir, how we can change the date of opening a RD account. Some account date of opening is wrong during the data entry.
sir. how we can change the date of opening of a rd accounts . some accounts date of opening is entered wrong during data entry. Huge problem. Kindly send some solution. thanks
First off all we lodge the case to cpc patna , then the cpc will forward to the dmcc, but the cas is not attained by dmcc. In this situation the only solution is that kindly close the rd act in exceptional closure then open new rd act of same customer and denomination.
First off all we lodge the case to cpc patna , then the cpc will forward to the dmcc, but the cas is not attained by dmcc. In this situation the only solution is that kindly close the rd act in exceptional closure then open new rd act of same customer and denomination.
Does ir entry will change balance of the account or not?
If I credit/debit in account dated 20/01/2020 then what(FY) should field in applicable from date column
Sb deposit rs 10000 missing in my account at the time migration spos permitted to restore who will take responsibility for credit concerned spm Or sbco please intimate
SBCO will do it. He will use HIARM menu for balance rectification. This menu is only accessible by supervisor SBCO.
1 ssa chq deposit not posted in 2016 now customer give complaints for this transaction. can this posting done from 2016 and customer can get interest from actual clearance date of his chq .guide please
CommentsComment