The Employees’ State Insurance Corporation (ESIC) on March 18, 2024, issued the notification regarding the Bank reconciliation statements.
The following has been stated namely: -
• The Head of the Finance division of concerned offices needs to prepare the bank reconciliation with due verification and to take up the errors of missing credits/delayed credit or excess/erroneous debits to the bank accounts with the bank branch concerned.
• RD/Director/JD(I/C), DD(I/c) & MS of the hospitals should liaise with the banks to settle the issue promptly.
• A bank reconciliation statement completed up to March 2024 may be sent to Hqrs. Office not later than the due date.
• The head of Finance at RO and SRO shall also verify the BRS of Branch offices under their jurisdiction and shall submit a certificate in this regard to Hqrs. along with the BRS of March 2024
• Before sending BRS for March, 24 in the Bank Reconciliation the cash balance & bank balance as of March 31, 2024, should also be mentioned.
[Notification No. F-23/23/Policy/2012/Accounts-II]
