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

Tele communication Department looks after the work of
Installation and maintenance of telephone lines of the
Undertaking the expenditure of this department is allocated
to each division based on the No. of telephone line allotted
to G.A. & Traffic Department.
The Undertaking had taken out Group Insurance Policy
for its employees and paying the Group Insurance premium
to Insurance Company based on number of employees
working in General Administration, Transp. Engg., Traffic and
Supply Division, the amount of premium paid is booked under
each division.
xvii) Stock Adjustment for shortage/excess:
During the year the internal audit carried out the stock
verification and in certain L.F. of material they observed
shortage /excess due to various reasons such as wrong
posting and wrong L.F.No. etc. The net excess of the value
of the materials is required
to be debited to the Revenue Activity of Supply & Transport
and credited to stock adjustment Suspense A/c vice versa if
it is net shortage.
xviii) Sales proceeds against Auction:
When material is sent to scrap-yard (i.e. capital as
well as R & M Materials) the scrap yeard/Stores A/c is
debited and credit is given to the various R & M expenditure
activity through Material Cost Statement and for also capital
items (i.e. 7000 activity is prescribed for the same). When
the material is sold in auction the sale of scrap goods which
is in Revenue nature, income activity is credited and debit is
given to B.R. A./c. When bidder deposit the amount with
the Undertaking the Bank A/c is debited and outward Bill
deposit A/c is credited. When bidder lift the materials,
scrapyard gives the requisition to that effect and scale of
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