Munsoft Training: Invitation to Control balancing workshop

Required:        
Municipal officials who are responsible for performing Debtors, Creditors and Cashbook reconciliations in the municipality. The municipal officials responsible for compiling AFS are also required to assist the municipal officials responsible for recons with opening balances.
 
Dear Sir/Madam,
 
Invitation: Submodule (control balancing) vs general ledger reconciliation
 
Munsoft hereby cordially invites you to attend the Control Balancing Workshop for 2022/23 financial period to be held by Munsoft.
 
Background
 
Munsoft has received overwhelming requests to investigate the reasons for the imbalances between the sub-modules and the general ledger.  Based on the investigations performed Munsoft has noted that imbalances are generally caused by the following:
 

• Journals processed on the control accounts not fixing the sub-module.
• Incorrect application of mSCOA chart when testing opening balances
• Unusual transactions processed by end users on the control accounts/segments.
• Transactions not captured on the Submodules and processed via journals on the general ledger

The accuracy, completeness and integrity of the data from the sub-module to the general ledger should be preserved by ensuring that the sub-module and the general ledger are in sync/balance at all times because the sub-modules post to the general ledger.  There are specific control items designated to each sub-module which update the general ledger.
 
Workshop Objectives
 
The workshop seeks to achieve the following:
 

• Ensure municipal officials assess the current state of their submodules and general.

• Capacitate the municipal officials with knowledge of performing reconciliations.
• Explain the various reports available on the Munsoft to perform reconciliations. 
• Provide guidance to the municipal officials on how to start resolving the existing imbalances.

Exclusions

• Client data analysis, investigations or reconciliations.
• Working sessions will only be limited to sessions in the workshop
• Legacy balances caused by prior system conversions or mSCOA migration

• All municipalities whose debtors, creditors and cashbook controls are not in balance.
• CFO’s and Finance Municipal Officials involved in reconciliations of the respective modules.
•  

• 1 day course @R3 000 per delegate (excl. VAT)
• 2 day course @R5 400 per delegate (excl. VAT)
• 3 day course @R8 200 per delegate (excl. VAT)

• Transportation to and from the workshop
• Accommodation
• Meals (except meals served during workshop)

• Delegate’s full name
• Delegate’s email address
• Delegate’s mobile phone number
• Delegate’s dietary requirements