3Duties of BPM BPM will receive the BO Bag from the A.O. BPM will open the bag & check the contents.Turn inside out the BO Bag.Last BO balance acknowledged by the AO in BO slip should be confirmed with BO A/C book.Entries of details of articles received should be checked with the BO Slip.
4Contents of a BO Bag received from the AO: - Paid & unpaid unregistered articles of the letter mail,Registered articles, VP & Insured articles of the letter mail,Registered parcels, VP & Insured Parcels,Unregistered parcels,MO s for payment,
5Contents of a BO Bag received from the AO (continued): - (e) Account Office receipts for MO s booked bythe BO s & re-booked at the AO,(f) Speed post articles(g) Cash bag containing cash (includingPostage & other stamps), MO forms, etc.(h) SB Documents,Bills & Acquittance Rolls.(j) BO slip****Rule 166 of BO Rules****
6BO Slip (Pa-3) It is a due document sent from AO to BO. It contains details of cash (with details of currency notes) received at the BO from its AO.Details of postage stamps & other stamps sent by the AO is also entered.The AO will acknowledge the Balance of BO Daily A/c with date thereof.Weight of the Cash Bag sent by AO to BO is also entered in both words & figures.
7BO Slip (continued)Particulars of accountable articles & documents, etc., sent by AO to BO is entered in BO Slip.Any remarks and/or instruction from AO to BO is also entered.BO Slip is duly signed by the Sub-Account PA/SPM of the AO with date stamp.
9It is divided into 2 sides: - Receipt side, and Despatch Side BRANCH OFFICE JOURNALIt is maintained in form Pa-5.It is divided into 2 sides: -Receipt side, andDespatch SideAll the article/documents sent/received from A.O. are written
10Preparation of BO journal (a) Particulars of all registered, VP & insured articles received for delivery,(b) details of all MOs received for payment,(c) Details of SB warrants received from AO,(d) details of IPO s received for sale from AO,(e) A lump entry showing number of unregistered parcels received for delivery,
11Preparation of BO journal (f) Particulars of UCR s,(g) A fresh red-ink entry for registered articles & MO s re-issued for delivery/payment,(g) Particulars of amount of postage due on unpaid/insufficiently paid articles received for delivery,
12Preparation of BO journal The despatch side of the journal (Pa-5) should contain particulars of :-Details of paid money orders or returned unpaid,Details of Indian Postal Orders paid,Receipts for VP articles delivered by the BO,
13(d) Receipts for unregistered parcels delivered on collecting the redirection fee due on them;(e) Insured & VP articles of letter/parcel class returned as undeliverable(f) Registered & Parcel mail articles booked in the BO,(g) MO s booked at the BO or MO s returned as unpaid by the BO,(h) Postage stamps (including Postcards) required by the BPM,
14(i) S.B. transactions,(vouchers) (j) Particulars of Unclassified Payments (UCP s)**** Rules 123 BO Rules ***
15Exercise 4.1 Preparation of BO journal for one day
16BRANCH OFFICE ACCOUNTThe Branch Office Account is maintained in the Form Pa-6.It is a record of the monetary transactions of the Branch Office
17Under “Receipts” the following items are taken: - Cash received from the AO (includingpostage & other stamps),(b) Cash collected by MO s issued,(c) Cash collected by IPO s Sold,(d) UCR s,(e) SB Deposits, (SB,RD,TD)(f) RPLI Premia Collected, etc.,
18Under “Payments”, the following items are shown: - Cash remitted to AO,Cash disbursed by paying Money Orders,SB withdrawals,(SB,RD,TD)Establishments Bills paid,UCP s,RPLI payments etc.
19***** Rule 124 of BO Rules***** Under the head “Balance” the items due tothe AO by the BO, with details of thebalance are to be shown.The Closing Balance should always agreewith the Total of the Details of Balance.***** Rule 124 of BO Rules*****
21Preparation of B.O. Daily Account It is prepared by the BPM every day in the form ACG-22 (a)It is a due documentIt is a replica of BO Account,The closing balance due to the AO must be written in both words & figures
22RECEIPT SIDE OF BODADate of last transaction to be notedBalance of last daily a/c (O/B) to be recordedRevenue realized from unpaid articles to be notedCash received from Account office to be enteredCash received for the issue of Money Orders
23RECEIPT SIDE OF BODA 8. Savings Bank deposits (SB, RD,TD) 6. Cash recovered from the addressees of the V.P. articles delivered,7. The amount of UCR s, RPLI Premia. Etc.,8. Savings Bank deposits (SB, RD,TD)
24PAYMENT SIDE OF BODA Cash Remitted to account office Amount of Money Orders paid,Savings Bank Withdrawals,(SB,RD,TD)Amount of Establishment Bills paid, andAmount of UCP s, etc.Any other payment
25the value of Postage Stamps (including postal stationary), Details of Balance due to the AO, i.e.,the amount of cash,the value of Postage Stamps (including postal stationary),the value of other stamps,(Revenue)---- which form a part of the BO Balance will be shown separately in the space provided in the BO Daily Account
26PREPARATION OF BODADetails of remittance sent to A.O. should be shown at the bottom of the BODA.Write the amount remitted to AO in words and figures along with denomination of currencyWeight of cash bag should be noted in words and figure
27PREPARATION OF BODADetails of liability like MOs/Passed warrants etc., with date of receipt, amount, reason for non payments to be noted on the reverse side of BODA.The total of liability for the office to be noted on top of the reverse side
28PREPARATION OF BODAReason for non-payment of MO s & non-delivery of Insured & VP articles in deposit should be shown on the reverse of BO Daily Account,Details of MO s booked at BO should be shown on the reverse side of the BODADates of serving intimation of VP articles in deposit should be noted
29PREPARATION OF BODAWrite details of SB/RD/TD transaction together with Balance After Transaction, Date of Last TransactionParticulars of UCR/UCP to be enteredDocuments sent to A.O. & articles issued by B.O. and undelivered articles returned to AO are to be enteredBO Daily Account should be signed by the BPM, date-stamped & sent to the AO.
30**** Rule 134 of BO Rules***** Total postage due on unpaid articles returned to the AO by the BPM should be entered in the column for “registered articles returned”,Similarly, total postage due to articles in deposit at the BO should be entered below the column provided for “registered & other accountable articles in deposit”,**** Rule 134 of BO Rules*****
33Memo of authorised balance A memo of authorized balance will show:-the authorized minimum & maximum cash balance for the office,The authorized maximum balance for stamps (including Revenue stamps & other stamps),Monthly limit upto which cash may be indented from the account office,
34Memo of authorised balance The aggregate amount to be entrusted to village postmen for payment of money orders/eMO s, etc.Arrangements sanctioned for safe custody of cash, andSanctioned methods of obtaining funds & remitting of surplus cash
35Liabilities and its importance Amount due to be paid on account ofmoney-orders remaining unpaid, andaquittance rolls remaining unpaid.Warrant of payment remaining unpaidIn such a situation, cash equal to minimum authorized cash balance plus justified liabilities may be retained in the office overnight.
36If the liability is more than the authorised balance then the amount equal to liability should only be keptIt helps to make payment to the customer even before receipt of BO bag and cash from account office
37Exercise-4.2 & 4.3Prepare BO daily a/c for 2 consecutive days for the given data.Find out the discrepencies in the two BO daily accounts given
38Contents of the BO Bag sent by the BO to its AO: - BO Daily account,Paid & unpaid unregistered letters posted or returned undelivered,Registered letters or Parcels posted at the BO,VP letters/parcels posted at the BO or returned as undelivered,MO s for issue,Paid MO vouchers,
39Contents of the BO Bag sent by the BO to its AO (continued): - (g) Unpaid Money Orders,(h) Documents related to SB transactions, SB pass-books, etc(i) Cash bag containing remittance to the AO,Paid IPO s,Receipts signed by the addressees of registered letters & parcels delivered by the BO.PLI/RPLI deposit forms, etc.****Rule 170 of BO Rules****