Para 10.8 — MSO

10.8 The Remittance Check Register thus posted and squared up for a month (as illustrated with example in the Form 26) serves not only as a Broadsheet for watching the outstanding remittances (both debits and credits) but also serves as an account abstract for the heads "Cash Remittances between Treasuries and Currency Chests" and "Local Remittances in Transit" (the latter forming part of '8999-Cash Balance'), in view of the fact that totals in this register are abstracted (vide illustration given in the Form 26) incorporated in the 'Detail Book Part II' also besides the Statement of Disbursers' Account as indicated in Article 4.4 Account Code for Accountant General to arrive at the account figure of opening/closing Cash balance under the minor head "Remittances in Transit-Local".

Note.-It may be noticed that after the squaring up of the Remittance Check Register for a month in this manner, and posting of the figures abstracted in the "Detail Book Part II", the totals of debits/credits for the month (and consequently for the financial year) under the minor head "Cash Remittances between Treasuries and Currency Chests" as worked out in the "Consolidated Abstract of D.D. & R. Heads", and the "Abstract of Major Head Total", will be equal. Only the net unadjusted balance will figure as part of '8999-Cash Balance' under the minor head 'Remittances in Transit-Local".