Page 217 - Account 10

Objectives and Benefits of TSA
TSA has following objectives:
a. To ensure effective aggregate control over government cash balances.
b. To allow complete and timely information on government cash resources.
c. To appropriation control.
d. To improve operational control during budget execution.
e. To reduce bank fees and transaction costs.
f. To facilitate efficient payment mechanism.
g. To keep bank reconciliation and quality of financial data.

8. Types of Journal Voucher

The Journal Voucher (Goshwara Voucher) A.G.F. No. 10 can broadly be classified
under the following four categories:
A. General/Expenditure Journal Voucher B. Advance Expenditure Journal Voucher
C. Miscellaneous Journal Voucher D. Annual Closing Journal Voucher
Each of the types is discussed below, with some illustrations:
A. General/Expenditure Journal Voucher

The journal voucher, which is maintained for recording the payment of expenditure
immediately after the receipt of goods or services, is called general or expenditure journal
voucher. It is the most common and primary entry of the transactions. The procedures of
the entries of such voucher are:
i. Mention the word B.E. for Budget Expenditure and the head of expenditure (but not
the sub-head or item of expenditure) immediately after the word “Dr.” and “Cr.”
Treasury Single Account just below the debit line as:
Dr. B.E...........(Head of expenditure)...
Cr. Treasury Single Account (TSA)

For example:
A motorbike is purchased for office use and paid Rs. 2,25,000 by cheque no. 001.

Code No. Particulars L.F. B. H. No. Debit Credit
Dr. B.E. Vehicles 29411 2,25,000
Cr. Treasury Single Account (TSA) 2,25,000
(Being motorbike purchased for office use)
ii. Mention the expenditure head number in the concerned column i.e. 29411 in this
example.
iii. Mention the amount i.e. Rs. 2,25,000 in the above example in the respective columns,
straightforward in debit and credit accounts.
iv. Give the narration just after the entry of accounts in the particulars column, beginning
with ‘Being’ or ‘For’.
v. Mention the cheque number, if any, and the amount paid by cheque in words.
The following illustrations will clear the concept about the general or expenditure
journal voucher.

216 Aakar’s Office Practice and Accountancy - 10 Journal Voucher 217