Excelsior Correspondent
JAMMU, Feb 11: The Finance Department of the Government of Jammu and Kashmir has issued a circular directing all Drawing and Disbursing Officers (DDOs) and Treasury Officers to undertake immediate and regular reconciliation of Deposit Receipts (Treasury Receipts/TRs) with treasury records, following repeated instances of incorrect debiting of TRs on JKPaySys/TreasuryNet.
According to the circular issued by the Director General of Accounts and Treasuries, several cases have come to light where TRs were wrongly debited while preparing or passing bills on the online treasury platforms, leading to subsequent corrections by the JK-IFMS PMG Support team. The department has termed the trend a matter of concern and asked Treasury Officers to ensure that DDOs under their jurisdiction carry out timely reconciliation of all deposits with treasury records.
The circular stresses that DDOs must maintain complete and accurate records of all deposits and reconcile them TR-wise with corresponding treasury accounts to eliminate discrepancies. The reconciliation exercise has been ordered to be completed within one week, after which Provincial Directors have been directed to submit a consolidated compliance report to the Directorate of Accounts and Treasuries.
The Finance Department has also instructed that any mismatch or pending reconciliation detected during the process must be promptly identified and resolved in coordination with the concerned treasury without delay. Treasury Officers have been asked to personally monitor implementation of the directions and ensure that reconciliation statements are properly verified and kept on record.
Warning of strict action, the circular states that failure to comply with the instructions will be viewed seriously and appropriate action will follow.
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