Finance Officer
Advance Section
ADVANCE SECTION, CAO, AMU.
The
ADVANCE SECTION of Central Account Office, AMU Aligarh basically functions with
the disbursement of amount in the form of advances to different departments,
teachers, employees, students etc. of the University and furthermore taking a note on the
Adjustment Account against released advances. The Advance Section is located
on the Top Floor of Administrative Block.
The functions of Advance Section are as under:
- Disbursement of Advances out of different Heads i.e. Fund Account, Grant Account, Deposit Account and Scholarship Account, which are further divided into sub-heads.
- Disbursement of LTC Advances.
- Obtaining
Adjustment Accounts from the particulars.
- Issue of
timely Reminders to the Departments for submission of Adjustment Accounts.
- Maintaining
the statement of Outstanding Amount of Advances against Departments etc.
at the end of each financial year.
- Timely
Reporting of Advances exceeding Rs.1000000/- to the Executive Council in
its meeting.
- Maintaining
Audit Reports of Advances and Adjustments at the time of Audit.
Some
other miscellaneous works are also dealt in Advance Section like clearance to
the students (only M.Phill/Phd) for acquiring their degree etc, and clearance
to the employees of University at the time of retirement.
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