UCP - Means Un Classified Payment

W.r.to SBCO work: 

Case 1 

If we find an amount “x” in deposit head of summary and as per physical records i.e., As per totalling vouchers or LOT amount is “y” 

1. If x=y, then LOT is tallied with summary 

2. If x<y, the PA/SPM has failed to account for the amount that he has received from customer. For example… for one day ₹ 100 is shown as deposit in summary but as per voucher or LOT the deposit amount is ₹1000… means the PA /SPM accounted for less amount to treasury than he actually has in counter at the end of day. So at SBCO we increase the deposit figure in summary and also increase the same difference amount in UCP head. Then raise objection for the difference amount and the PA/SPM has to credit the difference amount in UCR. 

3. In such case in final tally… the difference amounts in UCR and UCP cancelled out and increased deposit figure in Summary / Cash book stands correct as per voucher and LOT 

Case 2. 

If we find an amount “x” in withdrawal head of summary and as per physical records i. E., As per totalling vouchers and LOT is “y” 

1. If x = y the LOT is tallied with summary 

2. If x >y, the PA / SPM accounted more amount in summary than he should actually have accounted for. For example… for one day.. PA / SPM has Opening balance of ₹1000 and ₹100 is withdrawal amount as per voucher but ₹1000 is accounted for as withdrawal in summary and no amount was credited to treasury at the end of the day. But physically… the PA/SPM actually paid ₹100only to the customer. This means… difference amount of ₹900 was left out in the counter which he failed to credit to treasury. In SBCO when we find such mistake.. we decrease the withdrawal head of summary and cash book and increase the UCP head of summary and cash book, both by the same difference amount and raise objection for the difference amount and the PA /SPM has to credit the difference amount in UCR 

3. In such cases.. in final tally… the UCP and UCR heads stand cancelled out and the decreased withdrawal amount in summary and Cashbook stands correct as per voucher and LOT