Munsoft version 7.0.12 is primarily focused on the adequate processing of VAT as per the recent announcement of the VAT increase by the Minister of Finance. The change in the VAT rate affects numerous modules within Munsoft and these changes have been implemented through a collaborative approach with our clients, auditors and the relevant publications from the South African Revenue Services and National Treasury.
We will provide a detailed manual with the 7.0.12 release illustrating all the relevant changes to accommodate the VAT changes.
The Tabled Budget process have been aligned to the Adjustment Budget process to provide familiarity to Munsoft users to assist with the completion of the regulatory requirement in a timely manner. As per usual there are a host of error fixes and enhancements included within this release and users can reference their logged issues against the SYSAID number indicated with each item.
The following issues are addressed within the Munsoft 7.0.12 release.
DEBTOR CHANGES TO CATER FOR VARIOUS VAT %
The VAT rate for the default VAT code 01 will update to 15% with the Creditors Month end of 2018/03. The current/default VAT rate for the system will then change from 14% to 15%. The cashiers receipting screens will adopt the VAT rate based on the cashier period.
This means that even though the cashier month end is done ahead of the creditors month end that the cashier VAT rate will be calculated at 15%. Take note of the quick code currently used for unallocated deposits. If the VAT code that is linked to the quick code is vatable it means that when you receipt unallocated deposits that a VAT amount is generated as at the current VAT rate to the VAT payable segment.
When you then transfer the amount from one “segment” to another “segment” or a debtor account then the VAT is reversed at the current VAT rate. The portion of VAT that should settle when a payment is made will be calculated based on the VAT rate of when the debit was created. Any billing or transaction will adopt the current VAT rate Payment transfers and payment
CONSUMER DEBTORS PDF STATEMENTS
A client-specific enhancement applied to the PDF Statement to add the email addresses to the statements.
SYSAID: 37 836
A client-specific enhancement applied to the statement to add the 'Levy Amount' for the month next to the 'Total Due this month' column.
SYSAID: 50 998
A client-specific enhancement applied to the statement to combine multiple pages into a single page and have the interest displayed.
SYSAID: 51 739
Statement print has been enhanced to add the Suburb description in the 'Street Address'.
SYSAID: 51 047
CASHIER RECEIPT CAPTURING
Enhancement applied to the 'Cashier Receipt Capture' screen where the cashier will remain in the screen after capturing a receipt, instead of being returned to the cashier menu.
SYSAID: 36 267
A client-specific enhancement applied to the Cashiers Receipt Printout where the Outstanding Balance is calculated by additionally taking un-posted receipt values into consideration.
SYSAID: 51 229
SCM REQUEST FOR GOODS
Enhancement applied to the ‘Request for Goods’ screen where the 'Dept Auth' indicator displays correctly.
SYSAID: 44 169
A client-specific enhancement applied to the ‘Request for Goods’ document where the wording "Signature" was replaced with "Name" and the Municipal Manager signatory line was removed.
SYSAID: 51 026
SYSAID: 51 649
A client-specific enhancement applied to the 'Request for Goods' document where the 'Supply Chain Official' and 'Municipal Manager' signature lines were removed.
SYSAID: 52 054
Enhancement applied to the ‘Request for Goods’ document where the Bulk and Virement budgets are now included in the Budget.
SYSAID: 51 540
SYSAID: 51 803
Enhancement applied to the Excel extract of ‘Request for Goods’ Enquiry to allow a single function to be selected.
SYSAID: 51 876
A client-specific enhancement applied to the ‘Request For Goods’ for additional signatory lines.
SYSAID: 52 187
Enhancement applied to the Supervisor ICT 'Copy Menu Structure to OPR/Menu' whereby the user can search for an Operator by partially entering their name.
Enhancement applied to the Supervisor ICT - System Admin 'Kill Users' screen where the correct user name is displayed when the selected user is killed.
Enhancement applied to the 'Login Reasons Audit Report' where the 'Request No. / SysAid #' column was added to the excel extract.
SYSAID: 52 151
The system has been changed to not allow a user to add authorization levels or link functions to an inactive operator. You may also not amend an inactive user's menu.
SYSAID: 48 125
A client-specific enhancement applied to enable the creation of the Sundry Register PDF document.
SYSAID: 50 907
MONTH END - ‘BULK DEPOSIT INCREASE’
A client-specific enhancement applied to exclude Inactive accounts from levying when doing monthly regular procedures for 'Bulk Deposit Increase'.
CASHIER SUMMARY REPORT
Cashier Summary Report has been enhanced to summarize by Day, Cashier, payment type and now also Bank Code and Station code for municipalities that use the report for their recons and make use of multiple cashier stations and bank codes.
A client-specific enhancement applied to the ‘Purchase Order’ where the document orientation was changed to Landscape.
SYSAID: 51 569
CONSUMER DEBTORS - CONSUMER TRANSFER PDF
A client-specific enhancement applied to the ‘Consumer Transfer’ document to combine two signatory lines and another was removed.
SYSAID: 51 316
CONSUMER DEBTORS – DEBTOR RECONCILIATION REPORT
A client-specific enhancement applied to the 'Debtors Reconciliation Report' to add the 'Current Period' and 'Draw Period' fields to the document PDF print.
SYSAID: 52 251
CONSUMER DEBTORS - HAND OVER MODULE
A client-specific enhancement applied to the Hand Over module where a 'Default Judgement' document was created and added to the process flow.
SYSAID: 50 750
CONSUMER DEBTORS – VALUATION CERTIFICATE
A client-specific enhancement applied to the Valuation Certificate where the market value is shown on the document print.
SYSAID: 43 671
CONSUMER ENQUIRY – TARRIFS TAB
A client-specific enhancement applied to enable the creation of the Consumer Master Enquiry Tariff PDF document.
SYSAID: 52 178
CONSUMER DEBTORS – CUT OFF LETTER
A client-specific enhancement applied to the Cut Off Letter was deployed where the 'Administration' wording was changed to 'Penalty' and the correct Penalty amount and Penalty VAT amount are shown on the document.
SYSAID: 50 711
REGISTERS - INSURANCE REGISTER
A client-specific enhancement applied to enable the creation of the Insurance Register PDF document.
SYSAID: 50 795
GENERAL LEDGER - VOTE ENQUIRY
Enhancement applied to the Excel extract of Vote Enquiry where the report is now generated when selecting fiscal periods.
SYSAID: 51 746
Enhancement applied to the Segment Enquiry screen where the Sub Account information is displayed when the Costing TAB is selected.
SYSAID: 50 981
GENERAL LEDGER - JOURNALS
An enhancement applied to the Current Journal Capture and Journal Enquiry was deployed which prints the Segment Description instead of the GUID codes.
SYSAID: 52 176
SYSAID: 52 128
PROJECT PAYMENT REVERSAL ENHANCEMENT
The payment reversal was using the incorrect fiscal period to tie up to the original project payment, resulting in blank details.
SYSAID: 50 605
FIXED ASSETS – WIP
An enhancement made to add the ‘Residual Value’ field to the ‘Addition Report’.
FIXED ASSETS - DEPRECIATION
An enhancement applied to the depreciation run journals that post to the General Ledger to enable the user to additionally specify both the Depreciation and Accumulated Depreciation segments.
SYSAID: 51 283
All asset related transactions are validated against NT validation rules to ensure successful uploads.
SYSAID: 52 206
Bank Recon process now accommodates Bank of Namibia.
SYSAID: 51 786
RELEASE DEPLOYMENT SCHEDULE
Munsoft version 7.0.12 will be released from 21 March 2018. The Munsoft release version is visible on the Munsoft Login screen.