Municipality announces new financial system

Mogale City’s Financial Management Services is pleased to announce that its financial system recently transitioned from BIQ to MunSoft.

According to Mogale City Local Municipality’s communication’s officer Refilwe Mahlangu, this shift aligns with National Treasury directives requiring municipalities to implement fully integrated Enterprise Resource Planning (ERP) systems compliant with the Municipal Standard Chart of Accounts (mSCOA).

“The mSCOA framework ensures consistency and comparability in financial reporting across facilitating comprehension and analysis by stakeholders such as government officials, auditors, and the public. This change is driven by our commitment to modernise our financial systems, enhancing productivity, improving decision-making capabilities, and ultimately better serving you, our valued account holders,” Mahlangu said.

As part of this transition, all municipal account numbers will change from the old 15 digits to 10 digits.

“However, the account number change will in no way affect clients as the old BIQ account number will be recognised and accepted by the new MunSoft system. You will also notice a new look and feel to your statement from this month. Additionally, a new e-statement customer portal will be introduced, seamlessly integrating with the financial system. Details regarding the new statement format and account numbers will be communicated to you prior dissemination of the statements while the introduction of the new online portal will be announced at a later stage. For now, the old online statement system will remain accessible to all account holders.”

Account holders are encouraged to monitor the municipality’s website for updates.