Munsoft Matters: NEW Budget Adjustment Module

Dear Client,
 
Kindly be reminded of the quarterly release cycle dates and take note of the below very important information which will have an impact on budget procedures.
 
Munsoft Version 7.3.1 Release Dates: 11 - 14 August 2020
 
The following will be included in Munsoft Version 7.3.1 and needs to be noted and known in advance:

  • Primary and Secondary Budget will be implemented with a new Adjustment Budget module, meaning that the Balance Sheet alignment done during the ORGB process will be adopted by the Adjustment Budget.
  • The new Adjustment Budget module will provide for all essential adjustments and amendments.  All future adjustments will be done through the new Budget Adjustment process or the normal Budget Virement process.  (The Project Bulk Amend and Budget Amend options will be removed)

 
Should your internal processes require an earlier release of the above mentioned, kindly inform us by no later than 15 July 2020, by sending an e-mail to your SDM.

A Functionality Release will then be scheduled for after 20 July, containing only the mentioned functionality, to accommodate internal processes.
 
Munsoft Version 7.3.1 will be released as planned and will also include the mentioned functionality.
.

Sincerely,
Munsoft Team

More Munsoft Matters articles

Munsoft Matters: Cut-off Date for 2022/23 Fixed Asset Conversion Requests: 30 April 2023 23 Feb 2023 15:02 Munsoft Matters: 2022/2023 MTREF ADJUSTMENT BUDGET DUE 28/02/2023 22 Feb 2023 08:30 Munsoft Matters: MFMA CALENDAR GUIDANCE AND LOCAL GOVERNMENT DATABASE SUBMISSIONS MTREF 22/23 – FEBRUARY 2023 07 Feb 2023 12:45 Munsoft Matters: MFMA CALENDAR GUIDANCE AND LOCAL GOVERNMENT DATABASE SUBMISSIONS MTREF 22/23 – JANUARY 2023 17 Jan 2023 12:49 National Treasury Criteria for the Release of the 2022/23 Local Government Equitable Share (LGES) 09 Dec 2022 09:14 Munsoft Matters: MFMA CALENDAR GUIDANCE AND LOCAL GOVERNMENT DATABASE SUBMISSIONS MTREF 22/23 – DECEMBER 2022 02 Dec 2022 12:56 Munsoft Matters : MFMA CALENDAR GUIDANCE AND LOCAL GOVERNMENT DATABASE SUBMISSIONS MTREF 22/23 – NOVEMBER 2022 04 Nov 2022 09:29 Munsoft Training: November 2022 Training Schedule 20 Oct 2022 16:43 MFMA CALENDAR GUIDANCE AND LOCAL GOVERNMENT DATABASE SUBMISSIONS MTREF 22/23 – OCTOBER 2022 04 Oct 2022 14:29 Munsoft Matters: LOCAL GOVERNMENT DATABASE 20 Sep 2022 12:14 Munsoft Invitation: Audit Reports on Munsoft for 2021/22 Financial Periods 15 Sep 2022 11:15 Munsoft Training: September 2022 Training Schedule 30 Aug 2022 11:15 Munsoft Matter: MFMA CALENDAR GUIDANCE AND LOCAL GOVERNMENT DATABASE SUBMISSIONS MTREF 22/23 – August 2022 01 Aug 2022 13:25 Munsoft Matters: MFMA CALENDAR GUIDANCE AND LOCAL GOVERNMENT DATABASE SUBMISSIONS MTREF 22/23 12 Jul 2022 14:23 Munsoft Matters: Munsoft Spatial application. 05 Jul 2022 12:27