Financial

Is Munsoft compatible with the new statutory legislation?

Munsoft was designed and development to be compatible with the conditions of the MFMA and with Caseware reporting tool Munsoft produces all the statutory reports as well.

How can I be sure that Munsoft will not allow overspending?

The Available Budget is checked on every expenditure transaction. If there is not enough Budget, a Budget Adjustment or a Budget Transfer from another Vote will have to be done referring to a valid Council resolution number.

What do I have to do at Year-End with Munsoft?

You do your normal Month-End runs at Year-end. Munsoft will know it is the last month of the Financial Year and perform all the Year-End Function automatically. Your I & E Votes will be cleared for the new financial year and the balance will be posted to the Appropriation Account automatically. New calendars will be set up automatically for the new financial year.

You have done 30 Implementation in 48 months. What makes a good implementation?

The answer to this is better answered by responding to the question “what makes a bad implementation?” Simply put, the answer to this is when the users do not want to be involved and they adopt a “call me when it’s ready” approach. The best implementations are with committed senior management support combined with a (senior) dedicated user project interface to ensure that all municipal project responsibilities are met.