Administration Manual - B.E.S.T. Undertaking.

RECEIVING SECTION
CASH DEPARTMENT
1. FUNCTIONS OF RECEIVING SECTION :
i) To receive cash & cheques of the Undertaking.
ii) To deposit cash & cheques received, in the Bank promptly.
iii) Reconciliation of Bank Accounts
Generally payments are received in the form of Cash/Cheques/Pay Orders/Demand
Drafts/Bankers Cheques/Govt. Securities i.e. Postal Orders/N.S.C’s, Bank Guarantees
etc.
Normally, Receiving Section accepts the payments in respect of -
1099
i) The B.E.S.& T. Undertaking ( Except Traffic Earnings) – Electric Supply
Receipts & Other Receipts.
ii) The B.E.S.& T. Undertaking – Provident Fund Trust.
iii) The B.E.S.& T. Undertaking – Employee’s Welfare Fund & Staff Benefit
Fund.
2. SOURCES OF RECEIPTS : The main sources of various receipts are as follows :-
i) Payment tendered directly at counter viz.EMD/SD etc..
ii) From Correspondence Department – Cheques received by Post, Returned Money
Orders
iii) From various Departments Remittances viz. - Collections made by Department
such as Traffic, Welfare etc.
iv) Collection of Electric Energy Bills made by Consumers Department’s Clerk
through counters.