Wednesday, February 20, 2013

Movement of Inventory in Finacle from DL-DL ( Double Lock ) to EM-EM (Employees Location)

We have already discussed the Process of Movement of Inventory from One Location to another in finacle  using IMAUM and IMC menu. In our Previous Post we have mentioned about the Procedure for Movement of Inventory from External Location EXT - ZZ to DL - DL (Dual Lock). Let discuss the Next step i.e Movement from DL - DL (Double Lock) to EM-EM ( Employees Location ).

Movement of Inventory from Double Lock  to Employees Location

Finacle Menu option :  IMC
  • Enter A in the Function field and Press F4, the cursor will appear at the field From Location in the next block.
  • Enter DL in the first field & DL in the next field (if the inventory is being moved from Double Lock to Employee) that means inventory is being moved from Double lock to Employee for his further action. & press Tab or ENTER Key twice, the cursor will appear at To Location field.

  • Enter EM in the first field and Employee’s Employee ID (i.e. generally PF No.) of the user to whom the inventory is being moved/issued, in the To Location field, as shown in the above screen.   This Employee ID /PF No.  can also be selected from the list which is available by pressing F2. Press  F4,  the  Cursor  will  appear  in  the  next  block  at  the  Inventory Class/Type field.
  •  Enter Inventory Class like CHQ for Cheque Book, CO for Cash Order, DDS for Demand Draft, SI for Stock Invest, TDR for Term Deposit Receipt, TPO for TPOs etc.  The list of Inventory Class can be seen by press F2 which are shown as below: 
  • The type of inventory will be automatically be selected if the class is selected from the list by pressing Shift and F4, otherwise enter the type of inventory and press Tab or Enter key to go on to the next field.
  • Alpha :  Enter Alpha Series of inventory e.g. BCZ  & press Tab or Enter key to go on to the next field.
  • Start No :  Enter Start No. of inventory e.g. the start no. is 100001.  Press Tab to go on to the next field.
  • End. No :  enter the end no. of inventory   e.g. e.g. 100100 &   press Down Arrow  Key the  system  will  automatically  display  the  quantity  which  is  being moved and the cursor will appear on the next line as shown below:   
Finally, press F10 to commit and save the record and as a result , The system shall generate an Inventory Transaction No. like 162006 (as shown below).  
Please note this transaction no and get verified this inventory transaction by a different Employee through the menu option IMC

To  verify  this  inventory  movement,  enter menu  option  IMC.    Enter Function as V for verification, enter inventory transaction id and Press F4,  system  will  display  the  inventory  record  moved  to  the  employee location.  Press F4, the following screen will appear:
Here, you are required to enter password of Authorized Officials who can operate Double Lock and  the authorized officials have to enter their passwords in the respective fields.  Apart  from  entering  password  of  two Double Lock Authorizers, Password of inventory recipient’s user will also to be entered
On accepting password the flag of password will automatically convert to 
Y from N as shown above. Finally Press F10 to commit and the system will give the message Record Verified as shown below.
  • In some Banks practice is  to allocate the Inventories directly from ZZ-EXT to DL- DL and DL- DL ( Double Lock ) to EM- EM ( Employee Location) by using IMC Menu only and IMAUM menu is not used . Here you should enter the Inventories (Demand Draft / Pay Slip etc ) in to Double Lock as and when you received from your Stationary Department , otherwise Audit team will question you on this issue.


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Posts Category wise :

      CBS Manual – Finacle Menus/ Commands for your ready reference


·         Huge Collection of 938 Finacle Menus

·         286 Selective Finacle Menu options

·         Category wise Commonly used Finacle Menus

·         Finacle Menu options/ Commands for Bank Auditors

·         Frequently used Function keys in Finacle


      Customer ID & Account Opening related Menu Options / Commands


·         Customer ID creation and Verification in Finacle by using CUMM menu

·         Customer ID creation in finacle in short by using CUMM menu

·         Changing Customer ID of a Customer

·         Account Opening (Savings/Current) in Finacle using menu option OAAC

·         Account opening in Finacle – in short

·         Frequently asked questions related to Customer ID  and Account Opening


      Demand Draft / Pay Order related Menu Options / Commands


·         Issuing a Demand Draft using Finacle Menu options TM

·         Issuing Multiple Demand Draft / PO using Finacle menu option TM

·         Printing Demand Draft / PO using menu option DDPRNT

·         Cancellation of Demand Draft  in Finacle using menu option DDC

·         Marking a Demand Draft Lost and issuing Duplicate DD

·         Inquiry and Reports finacle Menu related to Demand Draft


      Miscellaneous Finacle Menu Options / Commands


·         Standing Instruction Maintenance using Finacle Menu Options SIM.

·         Creating a Memo Pad in Finacle Part - I.

·         Creating a Memo Pad in Finacle Part - II.

·         Deleting Memo Pad in Finacle

·         Mass Transaction Posting in Finacle using Finacle Menu option TTUM.

·         Freezing & Unfreezing of accounts in finacle using Finacle Menu AFSM

·         Passbook Printing in Finacle

·         Finacle Teller Cash account Maintenance using Finacle Menu GECM

·         Finacle Menu option TM  for Transaction Posting and Maintenance