1 / 31

CORRECT COMBINATION ECONOMIC REPORTING FORMAT

CORRECT COMBINATION ECONOMIC REPORTING FORMAT. ECONOMIC CLASSIFICATION. Presenter: SCOA Technical Committee | National Treasury | 11 September 2014. How does the tool work?. The purpose of this tool is twofold 1. Identify incorrect combinations between segments

phelan-mcmillan
Télécharger la présentation

CORRECT COMBINATION ECONOMIC REPORTING FORMAT

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CORRECT COMBINATIONECONOMIC REPORTING FORMAT ECONOMIC CLASSIFICATION Presenter: SCOA Technical Committee| National Treasury| 11 September 2014

  2. How does the tool work? The purpose of this tool is twofold 1. Identify incorrect combinations between segments 2. Reflect the correct economic reporting item e.g. ‘capitalised compensation’ as ‘Payments for capital assets - buildings and other fixed structures’ • Source = Responsibility download (www.vulindlela.gov.za) – All departments on BAS • Rules built in Vulindlela, fields called “ECON CLASS" (Economic Classification) Note: • #NA indicates incorrect combinations between the segments have been used during the posting of transactions • “Total expenditure” – in cases where total spending is zero, it will have no effect on classification, but will still show in download e.g. journals, Apr = R100, May = -R100, effect = 0

  3. Economic classification & Inconsistencies The economic classification: The three segments Infrastructure, Asset and Item together constitute the economic classification in the SCOA environment. An inconsistency: An inconsistency is the incorrect allocation in one or more, of the three segments in a transactional combination.

  4. Responsibility download - Vulindlela • Econ Class_Level 2 – Economic Reporting Format - reporting level 2 ( Current Payments, Transfers and Subsidies, Payments for capital assets and Payments for financial assets) • Econ Class_Level 3 – Economic Reporting Format - reporting level 3 (refer to table) • Inconsistent Econ Class – Inconsistent classification identifier (Infrastructure, Assets and Item segment classification)

  5. Economic Reporting Format

  6. INFRASTRUCTURE ALLOCATIONS

  7. Infrastructure Leases transactions

  8. New Infrastructure

  9. Outs Construction-Infrastructure

  10. Outs Maintenance & repairs – Buildings

  11. Outs Maintenance & repairs – Other Fixed Structures

  12. Outs Upgrades and Additions - Infrastructure

  13. Outs Rehabilitation and Refurbishment– Infrastructure

  14. Own Acc Construction-Infrastructure

  15. Own Acc Maintenance & repairs – Buildings

  16. Own Acc Maintenance & repairs – Other Fixed Structures

  17. Own Acc Upgrades and Additions - Buildings

  18. Own Acc Upgrades and Additions – Other Fixed Structure

  19. Own Acc Rehabilitation and Refurbishment– Buildings

  20. Own Acc Rehabilitation and Refurbishment– Other Fixed Structures

  21. NON-INFRASTRUCTURE ALLOCATIONS

  22. Non-Infrastructure Leases transactions

  23. New Non-Infrastructure

  24. Outs Construction Non-Infrastructure

  25. Outs Maintenance & repairs – Non-Infrastructure

  26. Outs Upgrades and Additions – Non- Infrastructure

  27. Outs Rehabilitation and Refurbishment– Non-Infrastructure

  28. Own Acc Maintenance & repairs – Non-Infrastructure

  29. Own Acc Upgrades and Additions – Non-Infrastructure

  30. Own Acc Rehabilitation and Refurbishment– Non-Infrastructure

  31. THE END THANK YOU Questions?

More Related