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mSCOA Fund Segment and the effect on budgeting

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Presentation on theme: "mSCOA Fund Segment and the effect on budgeting"— Presentation transcript:

1 mSCOA Fund Segment and the effect on budgeting

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

3 Fund Segment National Treasury

4 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.

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

6 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

7 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

8 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.

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

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

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

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

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

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

15 Table A30: Budgeted Monthly Cash Flow
Actual cash

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

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

18 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)

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

20 Questions

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