DMBM230120 - Account Reconciliation: Agree transfers to and from OAS

The majority of this manual will be archived on 1 July 2024. If there is content within this manual you use regularly, email [email protected] to let us know.

Daily Transfers

To agree the daily transfers to and from OAS follow the steps below
听

  1. Obtain a copy of the daily SAMAS report
    听
  2. Obtain a copy of the two OAS listings showing transfers to and from OAS for the corresponding day and headed
    听
  • OAS record of SA payments transferred in (OAS Print K in)
  • OAS record of SA payments transferred to SA (OAS Print K out)
  1. Compare the amounts on the report to the amounts in the comparison noted:
  • SAMAS Transfer from OAS (Daily Cash Column) compare with record of payments transferred to SA on OAS Listing
  • SAMAS Transfer to OAS (minus) (Daily Cash Column) compare with OAS record of SA payments transferred in on OAS Listing


If the amounts on the report and both listings agree

听

听

  1. Initial and date the agreed entries on the list and the report
    听
  2. File and retain the documents

If the amounts on the report and one or both of the listings do not agree

听

听

  1. Advise your manage and Live System Report
    听
  2. Report the discrepancy to your SA manager for a Trouble Ticket to be raised
    听
  3. Await notification of how the discrepancy has been resolved and take steps 4 and 5