Billed Unmetered Consumption: Free 20,000 30,000 Water Billed Unmetered Consumption: Subsidised 10,000 15,000 Billed Unmetered Consumption: Revenue 10,000 15,000 Water Unbilled Authorised Consumption Unbilled 10,000 15,000 – Metered Consumption Unbilled Authorised Consumption Unbilled 10,000 15,000 – Unmetered Consumption 120,000 180,000 Transaction 4: Non-revenue Water (Water Losses) Non-revenue Water (Water Losses) need to be written-off. These transactions are debited against the Water Loss accounts in the Item Segment: Gains and Losses, and credited against the respective Non-revenue Water accounts in the Item Segment: Assets / Current Assets / Inventory / Water / Various Non-revenue Water accounts as illustrated hereunder. Water Losses kl Value Apparent Losses Unauthorised Consumption 3,750 5,625 – Apparent Losses Customer Inaccuracies 3,750 5,625 – Real Losses Leakage on Transmissions and Distribution 3,750 5,625 – Mains Real Losses Leakage and Overflow at Storage Tanks 3,750 5,625 – Real Losses Leakage on Service Connections up to point of 3,750 5,625 – Customer Meter Data Transfer and Management Errors 3,750 5,625 Unavoidable Annual Losses 3,750 5,625 Non-revenue Water 3,750 5,625 30,000 45,000 Transaction 5: Month-end Closure Inventory Water accounts to be closed at the end of the month to Closing Balance. Closing Balance automatically rolled-forward to the opening balance for the next period. Summary of Account Entries Description Ref Amount Description Ref Amount Inventory (Statement of Financial Position) Bulk Purchases – Accounts Payable Bulk 1. 200,000 Current Asset: Inventory 5.1 200,000 – Purchases Water Closing Balance –
Billed Unmetered Consumption: Free Water 20,000 30,000 Billed Unmetered Consumption: Subsidised 10,000 15,000 Billed Unmetered Consumption: Revenue Water 10,000 15,000 Unbilled Authorised Consumption – Unbilled Metered Consumption 10,000 15,000 Unbilled Authorised Consumption – Unbilled Unmetered Consumption 10,000 15,000 120,000 180,000 Transaction 4: Non-revenue Water (Water Losses) Non-revenue Water (Water Losses) need to be written-off. These transactions are debited against the Water Loss accounts in the Item Segment: Gains and Losses, and credited against the respective Non-revenue Water accounts in the Item Segment: Assets / Current Assets / Inventory / Water / Various Non-revenue Water accounts as illustrated hereunder. Water Losses kl Value Apparent Losses – Unauthorised Consumption 3,750 5,625 Apparent Losses – Customer Inaccuracies 3,750 5,625 Real Losses – Leakage on Transmissions and Distribution Mains 3,750 5,625 Real Losses – Leakage and Overflow at Storage Tanks 3,750 5,625 Real Losses – Leakage on Service Connections up to point of Customer Meter 3,750 5,625 Data Transfer and Management Errors 3,750 5,625 Unavoidable Annual Losses 3,750 5,625 Non-revenue Water 3,750 5,625 30,000 45,000 Transaction 5: Month-end Closure Inventory Water accounts to be closed at the end of the month to Closing Balance. Closing Balance automatically rolled-forward to the opening balance for the next period. Summary of Account Entries Description Ref Amount Description Ref Amount Inventory (Statement of Financial Position) – Bulk Purchases Accounts Payable – Bulk Purchases 1. 200,000 Current Asset: Inventory Water – Closing Balance 5.1 200,000
07a.%20Draft%20Exposure%20-%20Water%20Balance%20Reporting.docx