Finacle – CBS

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1. Sure! Here are some tips and commands that can help you use Finacle effectively during a Bank Branch Audit:

   Tips for Using Finacle during Bank Branch Audit:

   1. Familiarize Yourself with the Interface:

   2. Spend some time navigating through Finacle’s interface to become comfortable with its functionality.

   3. Key Commands:

   4. DA (Daily Activity): Use this command to pull transaction details for a specific day.
   5. TRN (Transaction Inquiry): Useful for querying transaction details by transaction ID.
   6. ACC (Account Inquiry): To retrieve account details and transaction history.

   7. MIS (Management Information System): Access reports that can give insights into branch performance.

   8. Reports:

   9. Generate standard Audit reports like the “Deposit Summary Report” and “Transaction Audit Report” to assess financial activities.

   10. Data Extraction:

   11. Use the Export function to download data into formats like Excel for easier analysis.

   12. User Access Controls:

   13. Check user access levels and transaction authorizations to ensure compliance with internal controls.

   14. Cross-Verification:

   15. Cross-verify transactions in Finacle with physical records and other relevant systems.

   16. Transaction Limits:

   17. Review transaction limits set for various user roles to ensure that they align with the bank’s policies.

   Additional Useful Information:

   • Documentation:

   • Maintain documentation of your audit findings along with relevant screenshots from Finacle to support your observations.

   • Compliance and Risks:

   • Assess compliance with regulatory requirements and identify any risk areas during your audit.

   • Training Resources:

   • If available, utilize training materials or online resources related to Finacle for more advanced functionalities.

   • Collaborate with Staff:

   • Engage with branch staff for insights into common issues or irregular patterns they may have observed.

   • Internal Controls:

   • Evaluate the internal controls in place and suggest improvements based on your findings.

   If you have any specific areas you want more information on or particular commands you’re curious about, feel free to ask! Good luck with your audit!

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