SAQA 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: 

Administer day-end cashing up procedures 
SAQA US ID UNIT STANDARD TITLE
114905  Administer day-end cashing up procedures 
ORIGINATOR
SGB Retail and Wholesale 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 11 - Services Wholesale and Retail 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 3  NQF Level 03 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

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 does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard is intended for people who are responsible for balancing POS taking and reconciling takings. Persons credited with this unit standards operate in a number of context some of which may be non-routine. They also demonstrate the ability to make comparisons and interpret available information

These persons are able to implement security measures when handling and reconciling takings and dealing with POS variances. They are also responsible for balancing takings from one or more Till Operators/Cashiers.

This unit standard does not deal with the depositing of taking or the banking function performed within the wholesale or retail organisation. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
It is assumed that the learner has completed the following area of learning before attempting this unit standard.
  • Numeracy and Literacy at NQF Level 1. 

  • UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Count and record takings from POS. 
    OUTCOME RANGE 
    Cash, cheques, drafts, travellers' cheques, foreign currency, gift vouchers, debit cards, credit cards and loyalty vouchers. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Cash-up procedures are described as they apply to wholesale and retail. 

    ASSESSMENT CRITERION 2 
    Cashier's takings are counted and recorded according to organisation's procedures. 

    ASSESSMENT CRITERION 3 
    Expected takings per POS are calculated according to organisation's procedures. 

    ASSESSMENT CRITERION 4 
    POS takings received are reconciled and compared with expected takings. 

    ASSESSMENT CRITERION 5 
    Non bankable forms of tender are identified and processed accroding to organisation's procedures. 

    SPECIFIC OUTCOME 2 
    Deal with POS variances. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Actual takings are reconciled with POS reading. 

    ASSESSMENT CRITERION 2 
    Variances are identified according to organisation's procedures. 

    ASSESSMENT CRITERION 3 
    Variances are dealt with according to organisation's procedures. 

    ASSESSMENT CRITERION 4 
    Invalid forms of tender are identified and actioned according to organisation's procedures. 

    SPECIFIC OUTCOME 3 
    Secure takings from a POS. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Shrinkage and losses are explained in relation to the profits of the organisation and its impact om employees. 

    ASSESSMENT CRITERION 2 
    Security measures regarding takings are identified according to the organisation's procedures. 

    ASSESSMENT CRITERION 3 
    Security measures are implemented when transferring and workinf with takings as per organisation's requirements. 

    ASSESSMENT CRITERION 4 
    The work area, stationery and equipment meet the housekeeping standards. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    The programmes leading to the award of credits for the achieved outcomes in this standard will be accredited by the relevant SETA in its ETQA role. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant SETA ETQA.

    Internal Moderations will be performed by the Accredited Providers whilst the specific ETQA will perform external moderations of assessments across the Accredited Providers according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures. 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    Learning programme covering this unit standard must address the following knowledge areas:
  • Recording and accepting payment
  • Organsiational cash handling security procedures
  • Organsational cashing up procedures
  • Organsaitional procedures for reporting discrepancies
  • General practices for performing cash reconciliations
  • The effect of shrinkage and losses on prifits and employees
  • Causes of shrinkage whilst balancing POS
  • Methods for preventing shrinkage and losses 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Solving problems.

    Specific Outcomes:
  • Deal with POS variances.

    Assessment criteria:
  • Actual takings are reconciled with POS reading.
  • Variances are identified according to organisation's procedures.
  • Variances are dealt with according to organisation's procedures.
  • Invalid forms of tender are identified and actioned according to organisation's procedures. 

  • UNIT STANDARD CCFO WORKING 
    Working effectively with others as a member of a team.

    Specific Outcomes:
  • Deal with POS variances.

    Assessment criteria:
  • Variances are dealt with according to organisation's procedures. 

  • UNIT STANDARD CCFO ORGANISING 
    Organise oneself and ones activities.

    Specific Outcomes:
  • Count and record takings from POS.

    Assessment criteria:
  • Cashier's takings are counted and recorded according to organisation's procedures. 

  • UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information.

    Specific Outcomes:
  • Count and record takings from POS.

    Assessment criteria:
  • Expected takings per POS are calculated according to organisation's procedures.
  • Non bankable forms of tender are identified and processed accroding to organisation's procedures. 

  • UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively.

    Specific Outcomes:
  • Deal with POS variances.

    Assessment criteria:
  • Variances are dealt with according to organisation's procedures. 

  • UNIT STANDARD CCFO DEMONSTRATING 
    Understand the world as a set of related system.

    Specific Outcomes:
  • Secure takings from a POS.

    Assessment criteria:
  • Shrinkage and losses are explained in relation to the profits of the organisation and its impact om employees. 

  • UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
  • Point of Sale (POS) refers to the place where transactions are processed and includes equipment used to process a transaction.
  • Non bankables refers to organisational acceptable tender types that are not accepted by banks. Examples include gift vouchers, coupons, credit notes, loyalty vouchers.
  • Takings refers to cash, cheques, , travellers' cheques, foreign currency, gift vouchers, debit cards, credit cards and loyalty vouchers etc. 

  • QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  49280   National Certificate: Wholesale and Retail Distribution  Level 2  NQF Level 02  Reregistered  2023-06-30  W&RSETA 
    Elective  63409   National Certificate: Wholesale and Retail Operations  Level 3  NQF Level 03  Reregistered  2023-06-30  W&RSETA 
    Elective  48764   National Certificate: Wholesale and Retail Sales Practice  Level 3  NQF Level 03  Passed the End Date -
    Status was "Reregistered" 
    2008-10-22  Was W&RSETA until Last Date for Achievement 


    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. Bachique 705 Trading as The New House of Busby (Pty Ltd) 
    2. Contra-Lit Pty Ltd 
    3. Edutel Wholesale & Retail Academy 
    4. Marrian Ridge Computer Centre (Pty) Ltd 
    5. Masstores (Pty) Ltd 
    6. Nela Kahle 80 cc 
    7. Owl Business Training PTY LTD 
    8. Passionate About People Pty Ltd 
    9. The Ed Agency Pty Ltd 
    10. THE SKILLS COLLEGE FOR DEVELOPMENT AND TRAINING 



    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.