FINACLE TRAINING
LESSON 4
In the previous lesson we have learnt about the various
items which we see on the finacle screen. If you have not read the previous
lesson, please read it first and then come back.
In today’s lesson we will learn about the terminology used
in Finacle.
Our
Sanchay post terminology and finacle terminology are very different. Finacle
terminology is on par with global banking nomenclature. So let’s learn it.
What is the new
Finacle Terminology
Before we start the lesson please observe the
following images.
1. Screen of CTM (SBDeposit/Withdrawal)
2.Screen of CRDP ( RDDeposit)
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Did you see all the images? There is one thing
common in all the images? What is it? FUNCTION. We will see an
option called FUNCTION in all screens of Finacle. Let’s learn what is this
function?
Imagine Finacle as a ROBOT. It will understand
only Finacle language. For example let us assume that you want to do SB Deposit
transaction. To tell Finacle to open SB Deposit screen we have to enter CTM in
the menu shortcut field. After
entering CTM in the menu shortcut field and clicking on GO button Finacle will
open a screen as shown in the first image.(Please see the
first image).
Now Finacle is asking us “What do you want to do
in this screen? What is your Function?” That’s why we see an option as Function
in every screen. Finacle is asking us what your function is. We have to tell
what we want to do in that screen.
Here in this case as we want to deposit some
amount in SB account, let’s see what our Function is.
In finacle, doing transactions is called as
adding transactions. Here we want to do an SB Deposit transaction in Finacle.
Technically it is called as “We are ADDING one new deposit transaction in
Finacle”. Are you getting my point? Let me explain in more detail.
Let us assume you have a bucket full of mango
fruits. If your friend gives you more mangoes you will then ADD these mangoes
to the bucket. Some people might say we are PUTTING the mangoes in bucket, but
technically we are ADDING more mangoes to the bucket. Similarly we ADD new transactions to Finacle.
So, since we are doing a new deposit
transaction, we choose the Function as ADD. Similarly when you are doing a new
withdrawal transaction, then also we will choose the FUNCTION as ADD only.
Similarly,
· when we
are opening a new account, we will choose FUNCTION as OPEN
· When we
are issuing a new cheque book to the customer, we will choose
the FUNCTION as ISSUE
· When we
are transferring an account from one post office to another,
we will choose FUNCTION as TRANSFER
· When we
are closing the account, we will choose the FUNCTION as CLOSE.
* When we
are verifying a transaction we will choose the FUNCTION as
VERIFY
I hope you understand what
I am trying to say. We tell finacle what we want to do by choosing
appropriate function.
So that’s it for today’s
lesson. We will discuss more terms tomorrow. I’m
teaching very very little in each lesson. This is because I don’t want to
confuse you by teaching so much in one day. Also I
don’t want to waste much of your valuable time. Learn the lesson in just 10 or
15 minutes, that’s it. Spend the time with your family or spend it for
yourself.
Points to remember:
1.
FUNCTION is the option through which we tell Finacle what we want
to do.
2. Function
and Function code are same. They are used alternatively.
