All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: |
Perform Basic Business Calculations |
SAQA US ID | UNIT STANDARD TITLE | |||
11241 | Perform Basic Business Calculations | |||
ORIGINATOR | ||||
SGB Procurement, Logistics and Supply Chain Mngt | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 03 - Business, Commerce and Management Studies | Procurement | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
Undefined | Regular | Level 3 | NQF Level 03 | 6 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Passed the End Date - Status was "Reregistered" |
2005-09-13 | 2007-11-28 | SAQA 0160/05 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2008-11-28 | 2011-11-28 |
In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This unit standard is replaced by: |
US ID | Unit Standard Title | Pre-2009 NQF Level | NQF Level | Credits | Replacement Status |
252435 | Apply basic invoicing and accounting principles | Level 3 | NQF Level 03 | 6 |
PURPOSE OF THE UNIT STANDARD |
This Unit Standard is intended for people who are required to perform routine financial transactions and calculations.
Individuals who are credited with this Unit Standard will be able to apply the processes and procedures necessary to initiate the recording of disbursements and revenues, and to understand the financial implications to the organisation of each element in the transaction. |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
Numeracy and Literacy at NQF level 2
INTFIN 1: Commercial Arithmetic EUC2: Operate a Personal Computer or equivalent |
UNIT STANDARD RANGE |
Learning accredited with this standard will reflect the ability to:
! Employ a narrow range of applied knowledge, skills and basic comprehension within a limited range of predictable and structured contexts, including working with others under direct supervision, but with a very limited degree of discretion and judgement about possible action ! Demonstrate the acquisition of a knowledge base without which the tasks and procedures cannot be undertaken. This knowledge base consists of a discrete and limited set of data and known responses. Learners are not expected to generate ideas from information supplied, but they are expected to make choices from a limited range of options. Learners will be expected to demonstrate applied competence within the context of a clearly defined (structured) role within a cooperative working environment. Learners should be able to operate independently in familiar contexts taking some responsibility for the tasks and procedures, with guidance, support and regular quality control. Learners are expected to recover monies timeiously in accordance with company standards |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
The learner must demonstrate the ability to consider a range of options. |
OUTCOME NOTES |
The learner must demonstrate the ability to consider a range of options, make decisions about and evidence performance around each of the specific outcomes. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. Distinguish between items of expenditure and revenue. |
ASSESSMENT CRITERION 2 |
2. Differentiate between fixed and variable costs. |
ASSESSMENT CRITERION 3 |
3. Perform invoicing operations and post amounts to the appropriate accounts. |
ASSESSMENT CRITERION 4 |
4. Reconcile individual transactions with statements of accounts. |
ASSESSMENT CRITERION 5 |
5. Identify the items disbursed on behalf of the organisation to be recovered in the invoicing process. |
SPECIFIC OUTCOME 2 |
A composite statement of outcomes which expresses applied competence. |
OUTCOME NOTES |
A composite statement of outcomes which expresses applied competence in the particular component of practice. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
1. From source documents, identify items of disbursement and revenue. |
ASSESSMENT CRITERION 2 |
2. Demonstrate an understanding of the effect of costs relative to the transaction. |
ASSESSMENT CRITERION 3 |
3. Identify the circumstances in which cost items can be fixed and/or variable. |
ASSESSMENT CRITERION 4 |
4. From source documents, allocate cost items to the appropriate accounts and apply relevant client tariffs for the calculation of revenue and prepare invoices in a predetermined format. |
ASSESSMENT CRITERION 5 |
5. Compare transaction amounts which have been recorded in the company's books with those reflected on third party statements, and initiate the recovery of shortfalls and the refunding of excesses. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
1. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.
2. Any institution offering learning that will enable achievement of this unit standard must be accredited by the relevant ETQA. 3. Moderation of assessment will be done by the relevant ETQA at its discretion. |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
ESSENTIAL EMBEDDED KNOWLEDGE:
The learners can understand, explain and apply: 1. Concepts of disbursements and revenue 2. Principles of fixed and variable costs 3. Processes and procedures involved in invoicing 4. Processes and procedures involved in reconciliations 5. An appreciation of the consequences of under recovery and disbursements |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
1. Identify and solve problems in which responses display that responsible decisions, using critical thinking, have been made,eg,
! Identify shortfalls following a detailed comparison of transaction amounts recorded in company`s books and those reflected in third party statements. |
UNIT STANDARD CCFO WORKING |
2. Work effectively with others as a member of a team, group, organisation or community,eg,
Appreciate that: * since the Forwarding and Clearing Industry is practised in an international environment at the micro, meso and macro levels it operates in systems which are reliant on others and which address the processing of data, * the processing systems approach as well as the productivity orientation of Forwarding and Clearing companies demands high levels of teamwork and the understanding, reaction and maintenance of team coherence and co- operation, * the level of competency is largely dependent on the individual`s ability and capacity to operate effectively with peers, supervisors, internal and external customers. |
UNIT STANDARD CCFO ORGANISING |
3. Organise and manage oneself and one`s activities responsibly and effectively,eg,
! The learner will be able to apply an appreciation of the importance of structured self-management in meeting the time requirements of the Forwarding and Clearing industry, and that this is a critical factor contributing to achievement of customer satisfaction. |
UNIT STANDARD CCFO COLLECTING |
4. Collect, analyse, organise and critically evaluate information,eg,
! The learner will be able to analyse the effect of costs relative to the transaction and use this evaluation to initiate appropriate action. |
UNIT STANDARD CCFO COMMUNICATING |
5. Communicate effectively using visual, mathematical, and/or language skills in the modes of written and/or oral presentation,eg,
! The learner will be able to communicate understanding, knowledge and application in appropriate oral and written modes. |
UNIT STANDARD NOTES |
This unit standard has been replaced by unit standard 252435, which is " Apply basic invoicing and accounting principles", NQF Level 3, 6 credits. |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Core | 48902 | National Certificate: Abattoir Supervision | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | AgriSETA |
Core | 57804 | National Certificate: Public Administration | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | PSETA |
Core | 49447 | National Certificate: Trade Exhibition Support | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | SERVICES |
Fundamental | 48864 | National Certificate: Auctioneering Support | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2011-02-16 | Was SERVICES until Last Date for Achievement |
Fundamental | 67465 | National Certificate: Business Administration Services | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-07-30 | As per Learning Programmes recorded against this Qual |
Fundamental | 22440 | National Certificate: Customs Clearing | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2008-09-13 | Was TETA until Last Date for Achievement |
Fundamental | 22442 | National Certificate: Freight Forwarding | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2008-09-13 | TETA |
Fundamental | 61591 | National Certificate: Information Technology: End User Computing | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | As per Learning Programmes recorded against this Qual |
Fundamental | 48513 | National Certificate: Public Administration | Level 3 | NQF Level 03 | Passed the End Date - Status was "Registered" |
2006-11-16 | Was PSETA until Last Date for Achievement |
Fundamental | 60650 | Professional Qualification: Business Administration | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | As per Learning Programmes recorded against this Qual |
Elective | 59386 | National Certificate: Fresh Meat Processing | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | FOODBEV |
Elective | 57880 | National Certificate: Meat Processing | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | FOODBEV |
PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: |
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
1. | Academy at Vaal Triangle (AVT |
2. | Academy Training Group |
3. | Action for Blind and Disabled |
4. | Action4 |
5. | Affirmations Training |
6. | Africa Learn (Pty) Ltd |
7. | Afrika Tikkun NCC |
8. | Aldabri 106 Institute for Quality Pty Ltd |
9. | Amilak Training Center |
10. | ASMO INSTITUTE OF BUSINESS AN |
11. | Aspirations Communication Training CC |
12. | Atvance Institute (Pty) Ltd |
13. | Balefile Trading and Services |
14. | Basadipele Skills Development and Training |
15. | BEE Clinic Pty Ltd |
16. | Bells Technical College |
17. | Bokamoso Skills and Economic Development Centre |
18. | Brainwave Projects 1430 cc |
19. | Business Optimization Training Institute (Pty) Ltd |
20. | Careers IT |
21. | CENTRE FOR EXCELLENCE & PROFESSIONAL TRAINING |
22. | CHILI PEPPER INFORMATION TECHNOLOGY SOLUTIONS |
23. | Clean Heat Academy |
24. | College Africa Group (Pty) Ltd |
25. | Columbus Consulting Pty Ltd |
26. | Common Vision Young Specialist Trading cc |
27. | COMPUSTEPS COLLEGE (PTY) LTD |
28. | CSL Accountants |
29. | DC Academy (PTY)LTD |
30. | Decade Pulse (Pty) Ltd |
31. | Dee's Training (Pty) Ltd |
32. | Delight Computer Training |
33. | Eagle Computer Training |
34. | EAST LONDON MANAGEMENT INSTITUTE |
35. | ED-U Options Academy |
36. | Ekasi IT Solutions Centre |
37. | Ekurhuleni Artisans and Skills Training Centre Pty Ltd |
38. | Elangeni Training Institute |
39. | Elchees Software Solutions |
40. | Emalahleni Institute of Techno |
41. | Epitome Villa (Pty)Ltd |
42. | Eshybrand Pty Ltd |
43. | EYETHU NATIONAL COMPUTER COLLEGE PTY LTD |
44. | Finweb Business Consultancy |
45. | Foster-Melliar (Pty) Ltd |
46. | Fourways Private College |
47. | Futurekids SA (Fochville) |
48. | Gigimo Tourism Academy |
49. | Global Institute for Capacity |
50. | Greater Tzaneen Community Foundation |
51. | HAVOHEJ CONSULTANCY |
52. | Hazyview Computer College |
53. | HILLCROSS BUSINESS SCHOOL (PTY |
54. | Hlanganani ICT (Pty) Ltd |
55. | Home of Compassion/Grace Ministries |
56. | Ikusasalethu Youth Development Project NPC |
57. | iLearn Corporate Services PTY LTD |
58. | Information Technology Resource Centre |
59. | Inqubeko Institute (Pty) Ltd |
60. | Intercept Consulting and Training Solutions |
61. | IT Academy |
62. | IT-HI-Q Training (PTY) Ltd |
63. | Iyam Training Services |
64. | Jeppe College of Commerce and |
65. | K Boneng Consulting Services P |
66. | K Centre Business Enterprise (PTY) LTD |
67. | Keybase Training Solutions Cc |
68. | KN Training Specialist |
69. | KT Mobile Services |
70. | L and P Computer Academy Pty Ltd |
71. | LETAGO DEVELOPMENT CONSULTING |
72. | LIMPOPO COMPUTER COLLEGE BK |
73. | LINDAMAHLE MANAGEMENT SYSTEMS (PTY) LTD |
74. | Loomee Group |
75. | LYFE COMPUTER TECHNOLOGIES (PTY) LTD |
76. | Makhophila Training |
77. | Masakhane Training and Consult |
78. | Mash Computer Training |
79. | MBOWA COLLEGE PTY LTD |
80. | Metanoia Ratings PTY LTD |
81. | MMELA VILLAGE TECHNOLOGIES (PT |
82. | Mogapi Education Group (Pty) Ltd |
83. | Motlhamme Executive Management |
84. | Moving Ahead Development Agenc |
85. | Mpande Technologies cc |
86. | Mufuka Business and Technical |
87. | Musengavhadzimu Media |
88. | Natfin Holdings Pty Ltd |
89. | NBC Technologies |
90. | NCC - Vereeniging |
91. | Ndulita Solutions |
92. | New Link Computer Skills |
93. | Nolwazi Stem Education for The |
94. | Ntandokazi Holdings Pty Ltd |
95. | NW Avuxeni Computer Academy |
96. | Nyathela Business College |
97. | Olrich Home of Technology |
98. | On the Ball College Pty ltd |
99. | OPELONG BUSINESS INSTITUTE (PT |
100. | Paramixed Pty Ltd |
101. | Peo Entle HIV Wellness Management and Youth Skills Development NPO |
102. | Pioneer Business Consulting |
103. | Polokwane Technology Institute (Pty) Ltd |
104. | Pretoria Technical College |
105. | Priha Projects Pty Ltd |
106. | Progressive School of Business |
107. | Prophesy Training College (Pty) Ltd |
108. | PRX SCHOOL TEST |
109. | QUARPHIX (PTY) LTD |
110. | Ramotec Business College |
111. | Redefine Human Capital (PTY) L |
112. | Richfield Graduate Institute of Technology Pty Ltd |
113. | Rostec Technical FET College (Pty) Ltd |
114. | Sabile Human Resources Consult |
115. | SANDM IT TRAINING (PTY) LTD |
116. | School of Shipping |
117. | SED Computer Academy |
118. | Sesk Facilitation Development (PTY) LTD |
119. | Silulo Ulutho Technologies |
120. | Sisekelo Sustainability Institute |
121. | SIYAFUNDA COMMUNITY TECHNOLOGY CENTRE NPC |
122. | SOUTH AFRICAN CORPORATE TRAINING ASSOCIATION (PTY) LTD |
123. | Spears Business and Life Couch Consulting (Pty) Ltd |
124. | SPLS Consultants (Pty) Ltd |
125. | SUCCESS BUILDERS INTERNATIONAL CC |
126. | SUPREME ICT CONSULTANTS |
127. | Synergistic Covenant Network NPO |
128. | Techtisa (pty) Ltd |
129. | Terrawood |
130. | Terry Computer Services cc |
131. | Thalita Koume Directions (Pty) Ltd |
132. | The Finishing College (Pty) Lt |
133. | Think Tank T2 (Pty) Ltd |
134. | Titan Trade Technologies |
135. | Tlou Foundation College |
136. | TORQUE TECHNICAL COMPUTER TRAINING PTY LTD |
137. | TSP COLLEGE |
138. | TURFLOOP TRAINING SERVICES CC |
139. | Ubuhlanti Sances Trading (Pty) Ltd |
140. | Ukwazi Academy and Corporate S |
141. | Umbrella Training and Development |
142. | Umbusi Consulting Services |
143. | UTHINGO BRITE SERVICES |
144. | Varsity Institute of Science & Technology (Pty)Ltd |
145. | Visionary Skill Academy |
146. | Vukani Solutions |
147. | VUTHLARI MARKETING CONSULTING |
148. | Waterberg TVET College |
149. | Wellinkwise Pty Ltd |
150. | Whitestone College |
151. | Xylo Trading 12 (Pty) Ltd |
152. | YITRO INNOVATIONS |
153. | Yonet Training Academy |
154. | ZA WIT (PTY) LTD |
155. | Zealot Business College |
156. | Zikode Development Trust |
All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |