Clean Financial Reporting Starts with your Chart of Accounts.
Municipal 360 offers a comprehensive solution including a standardized municipal chart of accounts, automated financial statements, and provincial reporting tools. Software performance, budget, and reporting rely on clean, structured data. Reach out to learn how our team can help.
Building a Standard for Municipal Finance
The Municipal 360 (M360) standard chart of accounts was built through necessity. Without clean segments and consistency in coding, finance teams will continue to spend countless hours building and reconciling reports, and managing their financial data. Regardless of the tools they use.
Individual Benefits
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Generate timely reports
Financial Statements, Budget Reports, Provincial Reports all stream from your COA and dimensions.
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Establish an intuitive account string
Short 12 or 13 digit codes following a natural hierarchy and align to reports.
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Reduce coding errors
A clear structure guides coding, so accounts land in the right place and stay consistent over time.
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Smoother audits
With COA and reporting alignment, reporting becomes streamlined.
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Simplify budgeting
A consistent account structure makes building and comparing budgets easier year over year.
Network Benefits
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Align financial data to support shared services
A common structure makes joint purchasing, regional planning, and shared services easier to coordinate.
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Establish benchmarking
Compare results against peer municipalities on a like-for-like basis.
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Create best practice and knowledge sharing
What works in one municipality becomes easier for others to adopt.
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Share reports and configurations
Report templates and reporting setups built on a common structure can be reused across municipalities rather than rebuilt each time.
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Share software configurations
Adapt ERP and system setups across municipalities to cut build time and cost.
M360 Data Governance and Reporting Platform
While Excel workbooks are often used to design and manage charts of accounts, they don't offer the logic controls needed. M360 now offers a modern tool for maintaining your master COA, supported by built-in rules, navigation, and validation features that simplify the process.
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Generate financial statement reports, provincial reports, and budget reports directly from your trial balances, with quick exports to Excel along the way so your data remains visible, accessible, and easy to review.
COA Manager
Budget Reports
Financial Statements
Shared Libraries
Provincial Reports
Legacy Mapping
Getting Started
Whether you are ready to move on your own or have neighbouring municipalities looking to modernize at the same time, we have a path that works for you.
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Individual Project
We work directly with your finance team from assessment through to go-live. Our team handles the full conversion, maps your existing data, and sets up the governance tools to keep your framework accurate and current long term.
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Group Project
Have two or more neighbouring municipalities looking to modernize at the same time? Band together and book a group project. You go through the conversion together, share the learning, and benefit from a reduced cost by doing it as a group.
What People Say
Overall, the chart of accounts redesign was a very beneficial project for both Finance and the users of our general ledger accounts. It reduced the number of accounts and made it easier to complete the LGDE, financial statements, and financial analysis.
At the start of the project, I certainly had some anxiety because of the change and not having ever done a chart of accounts conversion before. But working with our software providers and Municipal 360, the conversion process and change was certainly a lot easier and more efficient than I had anticipated. It was also well-received by all users.
Troy Ziegler
Director of Financial Services
District of Central Saanich
M360 has made the budgeting process for the Village of Lytton much more efficient, accurate and easy to present user friendly reports. The support the team provides is fantastic! They are quick to respond and address issues and questions as they arise. Excellent product and service!
Camie Haggerty
Senior Manager
MNP
The Municipal 360 GL structure is specifically designed to meet the needs of local government. It allows users to efficiently compile financial information to meet LGDE, SOFI, PSAB, and service-level budgeting reporting obligations.
Christopher Paine
Director of Finance
City of Colwood