Para 5.17 — MSO (A&E)
Original Rule Text
5.17 The Departmental Classified Abstracts thus completed will include monthly all transactions of whatever nature connected with receipts and payments of the department grouped under the head "Treasuries", 'Suspense Slip' and 'T.E.s' horizontally and under several heads of account vertically, ensuring agreement of the horizontal and vertical totals. The correctness of the postings in the 'Departmental Classified Abstract' for both receipts and expenditure relating to each department is proved through the medium of a 'Proof Sheet' in these Abstracts.
What This Means
The completed Departmental Classified Abstracts capture all monthly transactions for each department, organized horizontally by source (Treasuries, Suspense Slips, Transfer Entries) and vertically by heads of account. The horizontal and vertical totals must agree with each other. A 'Proof Sheet' within each Abstract is used to verify the correctness of all postings for both receipts and expenditure.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Departmental Classified Abstracts include all monthly transactions of a department
- 2Transactions are grouped horizontally: Treasuries, Suspense Slips, and Transfer Entries (TEs)
- 3Transactions are grouped vertically under several heads of account
- 4Horizontal totals must agree with vertical totals (cross-verification)
- 5A Proof Sheet within the Abstract verifies correctness of all postings
- 6Both receipts and expenditure are covered
Practical Example
The Agriculture Department's Classified Abstract for March shows: Treasury receipts Rs. 10 crore + Suspense Slip receipts Rs. 50 lakh + TE receipts Rs. 1 crore = Rs. 11.50 crore (horizontal total). The same Rs. 11.50 crore is verified by adding up all vertical heads: Land Revenue Rs. 5 crore + Crop Husbandry receipts Rs. 4 crore + Other receipts Rs. 2.50 crore = Rs. 11.50 crore. Both match. The Proof Sheet confirms no posting errors exist.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
What is a Proof Sheet?▼
What are Transfer Entries (TEs)?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.