1. mSCOA VENDOR REPORTING FORUM FREE BASIC SERVICES
Presented by National Treasury
22 August 2017

2. Background Free basic services are managed in the Project segment;
The Item account for the rebate is the same as the Item account for the levy;
The free portion of the levy must be against Fund Equitable Share for indigents;
The free portion for indigents must be levied against the cost price of the service;
Only the rebate transaction will carry the Project FBS.

3. Indigent Transaction LEVY R1,000 OF WHICH R200 IS FOR FREE ELECTRICITY
PROJECT
FUNCTION
ITEM
FUND
DEBIT
CREDIT
LEVY
DEFAULT
ELECTRICITY
IR: SERVICE CHARGES: ELECTRICITY
SERVICE CHARGES: ELECTRICITY
800
Equitable Share
200
IA: RECEIVABLES: ELECTRICITY
SERVICE CHARGES: ELECTRICITY
800
Equitable Share
200
REBATE
COST OF FBS: ELECTRICITY
ELECTRICITY
IR: SERVICE CHARGES: ELECTRICITY
Equitable Share
200
IA: RECEIVABLES: ELECTRICITY
200

4. Property Rates Transaction
LEVY R1,000 OF WHICH R200 IS FOR REBATE
PROJECT
FUNCTION
ITEM
FUND
DEBIT
CREDIT
LEVY
Default
Finance
IR: Property Rates: Residential
Taxes: Property Rates
1,000
IA: Receivables: Property Rates
1,000
REBATE
Property Rates Rebates: Pensioners
Finance
IR: Property Rates: Residential
Taxes: Property Rates
200
IA: Receivables: Property Rates
200

5. Thank you
THANK YOU