Administration Manual - B.E.S.T. Undertaking.

8.7 Procedure:
12) Reconciliation Statement of Bank Receivers Excess.
13) Journal Entry regarding Low Charges.
14) Reconciliation of Balances with Banks authorized to receive
payments.
15) Reconciliation of balances with Post Offices authorized to receive
payments.
8.7.1 Test Check of Differencing and comparing of units consumed.
A) Differencing.
1) Commercial and Special Accounts
Including Government Accounts.
2) Residential Accounts.
B) Comparing (Posting in Ledgers)
1) Commercial and Special Accounts.
2) Residential Accounts.
C) Comparing the units consumed and bills prepared for
Agreemental Consumers (100%).
This audit is carried out every month according to a programme drawn
in advance and work is carried out daily depending on the availability
of reading files and ledgers. Differencing means substracting the
previous reading from the present reading (i.e. the reading shown in
the month for which checking is to be carried out) to verify that units
billed as shown on reading folios are in order. After differencing the
same are compared with the
ledgers to ensure that the correct number of units are charged at the
correct tariff.
Under Section 128 (1)(b) of the Mumbai Municipal Corporation Act, the
Corporation approves charges to be levied by the Undertaking in the
next official year. Tariffs for electricity are approved by the Committee
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and Corporation as required under Section 460-I of the Mumbai