Revenue Manger Procedures Manual

This manual is for the use of the Raymond Mhlaba local Municipality. Whilst this manual has been prepared to cover the essential finance business cycles of Raymond Mhlaba , it might not represent an exhaustive list of financial matters that require the Chief Finance Officer’s attention. This manual represents the envisaged controls and procedures aligned with the FMS, taking into account the current staff compliment. This manual should be updated on an annual basis as more provisions of the relevant acts become applicable or change, principally the Municipal Finance and Management ActNo. 56 of 2003. Changes in FMS functionality would also necessitate an update to this manual.

• Control objective: The control objective is a goal of management to process information to obtain reliable financial information
• Control procedure: This lists processes to be performed to meet the respective task.
• Responsibility:This serves as a guide as to the Municipal official(s) responsible for undertaking the task.
• Venus Function:The applicable Venus FMS function to perform the stated task.
• Frequency: This is a guide as to when the step may/should be performed.
• Legislative reference: This details the legislation that is applicable to the control procedure. The list is not exhaustive Management may make reference to other applicable legislation that may be relevant to the Municipality The following legislation references were used in the compilation of this manual:
  • Municipal Finance Management Act, No. 56 of 2003
  • Local Government Municipal Systems Act, No. 32 of 2000
  • Division of Revenue Act, No. 12of 2009
  • Certain resolutions of the South African Local Government Bargaining Council
  • Value-Added-Tax Act, No. 89 of 1991