2018-07-06 SM - Attachment 1 to Item 5 - Level of Service Catalogue

                                   Review the useful lives applied to         Annual
                                   Council’s assets to ensure they are
                                   reflective of best practice, industry
                                   trends and local usage and condition
                                   Annual review of impairment to any         Annual
                                   asset or class due to factors impacting
                                   its service level, life or capacity
                                   Recognition of depreciation and            Monthly
                                   amortisation charges
                                   Write-on of all new council assets         Ongoing
                                   either donated via developer
                                   contributions and constructed as part
                                   of the capital works program
Reactive work                      Financial disposal of any asset that       As required
                                   has been sold or scrapped
                                   Improvements to asset recognition          As required
                                   processes and systems
                                   Reconciliation of Council’s list of        As required
                                   assets between financial systems and
                                   other corporate records including
                                   insurance registers, asset
                                   management systems and GIS
                                   Provide advice to Council staff on the     As required
                                   capital nature of projects and lifecycle
                                   cost implications to ensure value for
                                   money is delivered
                                   Provide financial input to Asset           As required
                                   Management Plans to ensure
                                   alignment with current asset
                                   accounting practice and the Long
                                   Term Financial Model
Accounts Payable
[Key activities include processing and payment of creditor invoices, customer support and management of vendor
accounts details]

Cyclic activities                  Processing and matching of all             Daily
                                   creditor invoices ready for payment
                                   Processing of petty cash                   Monthly
                                   reimbursement
                                   Weekly payment run for all creditor        Weekly
                                   payments due
Reactive activities                Processing of new creditor                 As required
                                   arrangements
                                   Payment of staff claims for                As required
                                   reimbursement of expenses
                                   Changes to vendor detail requests          As required
                                   Monitoring for suspicious or fraudulent    Ongoing
                                   activity
                                   Support and advice to customers            Ongoing
                                   (internally and externally)




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