Munsoft Matters: PROJECT SUMMARY DOCUMENT – 6.5 CHART UPDATE

Dear Munsoft Client,
 
Kindly take note that the Project Summary Documents(PSD) have been updated in line with version 6.5 of the chart and is available on the National Treasury web page for comment.
 
The PSD is used as guidance to the relevant segments of mSCOA and was initially compiled on version 6.1 of the mSCOA Chart. Since 2017 to 2021 the mSCOA Chart has been updated every year to provide municipalities a complete Chart that is user friendly and take all municipal reporting requirements into account, therefore the update to the PSD was required.
 
The updated version of the PSD can be accessed via the link below and is open for any comments until 20 August 2021.
Comments on the updated PSD for consideration by National Treasury can be submitted to [email protected]
 
http://mfma.treasury.gov.za/RegulationsandGazettes/MunicipalRegulationsOnAStandardChartOfAccountsFinal/Pages/default.aspx
 
Kind Regards,
Munsoft

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