CURRENT ASSESSMENT:

Amount of Billing assessed for a current Billing month against the

consumers.

LATE PAYMENT SURCHARGE:

If a consumer does not pay his bill within the due date then 10%
late payment surcharge is levied on the current cost of energy
consumed.

CLASSIFICATION CODE:

Numeric codes have been allotted for each category of consumers

to distinguish the nature of electricity connection. It is four digits
code.

WARNINGS AND ERRORS IN DIFFERENT PROOF LISTS:

In the proof lists of miscellaneous input data entered various

errors/messages are appeared against the erroneous records to point
out the exact errors so that only valid/error free data may be taken
on Computer Master File.

ARREARS:

If the outstanding electricity dues (Bill) are not paid by the

consumers within the given due date then after that the outstanding
balance is called arrears.

RECEIVABLES:

All types of outstanding balance (including Set Aside Balance &

Installment Amount) against the consumer is called Receivables
whether the given due date passed on or not.
UNIDENTIFIED CASH:

If the Account number on the paid bill stub is not traced on Master
File at the time of cash posting then that payment amount is taken
as unidentified cash.

OPENING BALANCE:

Outstanding dues against the consumer as on or previous period

(calendar or billing month).
OR Previous month’s Closing Balance is called Opening Balance for
the current month.

CLOSING BALANCE:

Outstanding dues against the consumers at the end of a period

(calendar or billing month).

Closing Balance = Opening Balance + Current Assessment -

Payment

DEFFERED AMOUNT:
A part of billing assessment which has been challenged by
consumer and admitted as disputed by the department or by the
court.

UNPAID DEBT:
Remaining amount of Installments which is yet to be paid / due is
called Unpaid Debt.

SPILL OVER:
Billing assessment, for which grace date for payment has been
fixed beyond the billing month.

COMPUTED ASSESMENT:

(Spill Over of Previous Month + Current Month Assessment) -

Spill Over of Current Month = Computed Assessment.