Para 20.38 — MSO

20.38 The amount of entries which may not require action by the Treasury Officer, though noted for his future guidance (e.g. overcharges of fund subscriptions or income-tax), should not be posted in any money columns, and the money columns under "Mode of adjustment" may be scored through. 20.39 After the Objection Books for March have been closed it may be found necessary in the March (Suppl) accounts to adjust amounts already placed under objection or to place fresh items under objection. In opening the Objection Book for the new year, separate pages should be provided, after the pages containing the entries of the outstandings of the previous year, to record of objections raised in march (Suppl). Similarly, in the Adjustment Register there should be a separate page or pages for the record of adjustments made in March Final. The entries in these records should be totalled monthly at the time of closing the Objection Book for subsequent months, and the net debit or credit resulting therefrom should be worked out and added to or deducted from the balance of the Objection Book for the month, so as to work out in a separate entry at the foot of the Objection Book the correct balance of objections outstanding at the time. Unless they are the direct outcome of transactions incorporated by book adjustment in the general accounts for March (Suppl.) the adjustments in respect of outstandings of the previous year need not be included in the Adjustment Register of March (Suppl.) (Form 97) but may be carried out in the new year. The above procedure will be followed till the accounts for March (Suppl.) are closed. When the accounts for March (Suppl.) are closed the separate objections and adjustments under the head "Objection Book Suspense Account" should be totaled and the totals posted into the March (Suppl.) column of the Broadsheet (see paragraph 20.49) for the past year, and the correct closing balance worked out. The difference between these totals should also be added or deducted as the case may be at foot of the March Objection Book for the past year, so as to make its balance agree with the Broadsheet and the Ledger. This

SUSPENSE ACCOUNT agreement should be made and certified by the Section Officer. Note1: Items under objection, the amount of which are not entered in the money columns of the Objection Books, need not be transferred to the Objection Book for the new year until the March Final accounts are closed. The settlement of any such items prior to that date should be noted in the Old Objection Book.

Note2: The transfer of other outstanding items to the new year's Objection Book may at the discretion of the Accountant General be deferred until after the close of the March (Suppl.) accounts. The adjustments made in the meantime being noted against the entries in the old Objection Book.