Para 10.7 — MSO

SQUARING OF THE REGISTER AND ANALYSIS OF DIFFERENCES 10.7 As soon as the posting of Detail Book, Part I is commenced, the Accountant concerned should total the debits and credits (Columns 3, 4 and 9, 10) of the Remittance Check Register and these totals should be agreed with the corresponding total in the 'Detail Book Part I' WHERE the postings are made with reference to the total figures as shown in the List of Payments and Cash Accounts. Any difference between the two sets of totals in 'Remittance Check Register' and Detail Book Part I should be promptly located and rectified as far as possible by transfer entry in the same month as this may generally be due to misclassification or miscarriage of schedule totals into the List of Payments/Cash Account. The unadjusted debits and credits as worked out in Columns 6 and 7 of the Remittance Check Register should then be carried forward with full details in the Remittance Check Register for the next month. A list of such unadjusted debits and credits should be made out every month and entered in the details of cash balance report which is forwarded to the Currency Office of the Reserve Bank of India for verification. Any discrepancy in the list of such items which normally constitute remittances in transit, brought to light by the Currency Officer, should be promptly reconciled by correspondence with the Treasury Officers concerned and the Currency

Accountant General (A&E), Kerala, will deal with these transactions in the same manner by posting them in their 'Central' Remittance Check Registers for watching the clearance of the outstanding items in the manner indicated in para 10.7 below.

Officer. Proper enquiries should also be instituted in the case of remittances remaining outstanding for an unduly long period.