Munsoft is pleased to announce that our engagements with the National Treasury regarding mSCOA Circular No 10 and the correct use of the Fund Segment were fruitful.
Appropriate guidelines on the use of the Fund segment are available in mSCOA Circular No 11, which we attached for your convenience. Munsoft agrees with the guidance provided in Circular No 11 and promotes the fact that municipalities should implement balance sheet budgeting and ensure that the completed budgets carry the full life cycle of any transaction.
Click here to download the complete PDF version of the below documents:
mSCOA Circular No. 11 - 04 Dec 2020
Annexure A - Linking template to SA30 - 4 December 2020
For any queries regarding mSCOA Circular No 11 or assistance during the budget process, please contact your respective Service Delivery Manager and we will gladly assist.
We thank you for your patience and assistance in this regard it has been a long journey. The entire Munsoft team sees this implementation as a significant step forward in this area for all. Thank you to the various stakeholders.