2. Introduction
Business Scenario
Finacle CBS Process Overview
Key Terminologies
Step by Step Process
Demonstration
Summary

3. Lesson Objective Duration Intended Audience
To understand the process of cash transaction in the account of a customer
To understand the process of transfer transaction in the account of a customer
Lesson Objective
Duration
1 Hour
Counter Assistant and Supervisor
Intended Audience

4. Business Scenario
A Customer of your Post Office wants to do transactions pertaining to cash deposit and transfer money to another account.
As a Counter Assistant you will invoke the Finacle menu options CTM for Cash transaction and CXFER for various type of transfer transactions.
Let us see the process in detail.

5. Finacle Process Overview
The approaches for transactions in account are as follows:
For Cash transactions the menu options are: CTM.
The following is the Type and Sub type for Cash transaction:
C/NP -Cash/Normal Payment
C/NR -Cash/Normal Receipt
Cash Transactions
For transfer transactions the menu options are CXFER .
The following is the Type and Sub type for Transfer transaction:
T/BI - Transfer/Bank Induced
T/CI – Transfer/Customer Induced
Transfer Transactions

6. Cash transfer between vault and counter assistants
Daily cash process
Cash transfer between vault and counter assistants
Transfer of cash from the Vault to Head Cashier and from Head Cashier to the Counter assistants .
The Counter assistant after tallying the cash, will hand over the cash to the Head Cashier and the Head Cashier after tallying his Cash with Deposit Cash in the Cash Vault.
CASH VAULT
HEAD CASHIER
CA 1
CA 2
CA 3

7. Key Terminologies TERMS DESCRIPTION 1 Maker and Checker
Maker and checker are nothing but two persons who are involved in the creation and posting of the transactions.  Maker is the person who creates the transaction. Checker is the person who verifies the transaction. 2
Entered Transactions
When the transactions are in an entered state no effect is shown in the balance status. 3
Posted Transactions
When the actual account balances get affected. It can either increase (credit transaction) or decrease (debit transaction) the balance in the account. 4
Verified Transactions
When another person ensures the correctness of the transaction and also authorizes it, the status of the transaction is verified. 5
Deleted Transactions
When the user deletes the transaction the transaction is said have been deleted, the status of the transaction which is logically deleted

8. Key Terminologies (Contd…)
TERMS
DESCRIPTION 6
Transaction Id
Each batch of balanced transactions is identified by a unique number. Each batch of transaction has both debit and credit transactions to make it a balanced transaction. 7
Number of Users
A transaction usually involves two or a maximum of three persons for a transaction to get completed 8
Value-dated transactions
The effective date of transaction for interest calculation purposes. During the Cash deposited in the account you can enter the date of your choice. 9
Post dated Transactions
This transaction occurs for an account where the transaction date is greater than the current date. In this scenario you cannot process the transaction till the date of transaction matches with the BOD date 10
Back dated Transactions
This is a transaction that is initiated on an account where transaction date which is less than BOD dates. At the end of day, the Core Banking Solution updates the Sub GL Balances for all the previous days

9. Step by Step Process
Given below is the step by step process to perform transactions in Finacle:
Invoke the menu option CTM for Cash Transactions.
Invoke the menu option CXFER for Transfer Transactions.
Enter the Function: A-add, D-Delete, I- inquire, M-Modify, P- Posting, V-Verify.
The BOD date will be populated automatically.
Enter the Type and Sub Type:
Cash Transaction ( C ) – Normal Receipts (NR) and Normal Payments (NP)
Transfer Transactions (T) – Customer Induced (CI) and Post Office Induced (PI)
Press GO button. This will take you to the new screen.
Enter the account number.
By entering the account number the name of the account and the balance will be populated.
Click on the Part-Tran for Debit or Credit.
Enter the amount.
Enter the transaction particulars.
Press Submit.
By pressing Submit Trans ID will be generated.
The transaction should be verified by the Supervisor.

10. Demonstration

11. Summary
Congratulations!! You have successfully completed the lesson Transaction Maintenance using Finacle. Following are the summary of important points discussed in this lesson:
In Finacle using the menu option CTM for a cash transaction and menu option CXFER for transfer transaction can be entered and posted.
Finacle supports maker/checker concept.
Transaction are entered / posted and can be modified in entered status and it needs to be verified .
Type and Sub-type for Cash Receipt and Payment transaction are Cash- Normal Receipts (C/NR) and Cash – Normal Payment (C/NP)
Type and Sub Type for Transfer transactions are Customer Induced(CI) and Post Office Induced (PI)