mSCOA Fund Segment and the effect on budgeting

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Presentation transcript:

mSCOA Fund Segment and the effect on budgeting

Contents Fund Segment: Purpose Structure of the Fund Segment A Schedules: What to look out for

Fund Segment National Treasury

Fund Segment: Purpose What source of funding will be used for the transaction and from which source is the revenue received? ? The “Fund Segment” is the location within mSCOA determining the source of funds being used or being received.

Structure of the Fund Segment High Level Structure of the Funding Segment

Structure of the Fund Segment High Level Structure of the Fund Segment Operational Revenue Transfers and Subsidies Borrowing Cash Backed Reserves Capital Transfer from Operational Revenue Non-funding transactions

Structure of the Fund Segment High Level Structure of the Fund Segment Operational Revenue Transfers and Subsidies Borrowing Cash Backed Reserves Capital Transfer from Operational Revenue Non-funding transactions THE CHART

Structure of the Fund Segment High Level Structure of the Fund Segment Revenue Transfers and Subsidies Borrowing Cash Backed Reserves Operational revenue provides for funds from all other sources of income not elsewhere classified such as administrative fees, bad debts recovered, breakages, commission, discounts and early settlements, etc.

Structure of the Fund Segment High Level Structure of the Fund Segment Transfer from Operational Revenue Transfers and Subsidies Borrowing Funds for Capital Application

Table A4: Budgeted Financial Performance - Revenue What to look out for: Billing gg

Table A4: Budgeted Financial Performance - Expenditure What to look out for: Accrual gg

Table A5: Budgeted Capital Expenditure What to look out for: gg Accrual

Table A7: Budgeted Cash Flow What to look out for: gg Actual cash

Table A8: Cash Backed Reserves What to look out for: Actual cash gg

Table A30: Budgeted Monthly Cash Flow Actual cash

Table A30: Budgeted Monthly Cash Flow mSCOA FUND SEGMENT Operational/ Revenue/ General Revenue/ Taxes/ Property Rates/ Levies

Table A30: Budgeted Monthly Cash Flow mSCOA FUND SEGMENT Operational/ Revenue/ General Revenue/ Service Charges/ Electricity

Structure of the Fund Segment High Level Structure of the Fund Segment There are no subcategories of “Non-funding Transactions” as this is a posting level. Recording of transactions not specific to funding source (funds available for capital and operational spending)

Debt impairment Depreciation Gains on disposal of assets Profit on disposal of assets Costing

Questions