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: 

Demonstrate an understanding of basic accounting practices 
SAQA US ID UNIT STANDARD TITLE
13999  Demonstrate an understanding of basic accounting practices 
ORIGINATOR
Interim SGB for Business, Commerce, Mgmnt Studies 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Generic Management 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
ABET Level 4  Regular  Level 1  NQF Level 01 
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 
A candidate credited with this general competence will be able to: demonstrate an understanding of basic accounting skills. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Numeracy ABET Level 3. 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Explain the cycle of recording transactions and relevant terminology. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. Accounting transactions are explained. 

ASSESSMENT CRITERION 2 
2. Accounting terminology is explained. 
ASSESSMENT CRITERION RANGE 
Assets, Liabilities, Owners Equity, Income, Expenditure, Receipts, Payments, Profits etc.
 

ASSESSMENT CRITERION 3 
3. The cycle of recording transactions is explained and demonstrated. 
ASSESSMENT CRITERION RANGE 
Source documents, subsidiary journals, ledger, trial balance, final accounts
 

SPECIFIC OUTCOME 2 
Explain and demonstrate an understanding of source documents. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The concept source document is explained. 

ASSESSMENT CRITERION 2 
2. Different types of source documents are identified. 
ASSESSMENT CRITERION RANGE 
Receipts, invoices, petty cash vouchers, cheque counterfoils, etc.
 

ASSESSMENT CRITERION 3 
3. The understanding to complete source documents is demonstrated. 
ASSESSMENT CRITERION RANGE 
Receipts, invoices, petty cash vouchers, cheque counterfoils, etc.
 

ASSESSMENT CRITERION 4 
4. The relevance of source documents is analysed. 
ASSESSMENT CRITERION RANGE 
Storage, keeping it in proper sequence, etc.
 

SPECIFIC OUTCOME 3 
Explain the purpose of each subsidiary journal. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The concept subsidiary journal is explained. 

ASSESSMENT CRITERION 2 
2. Types of subsidiary journals are identified and discussed. 
ASSESSMENT CRITERION RANGE 
Cash receipts journal, cash payments journal, petty cash journal, debtors journal, etc.
 

ASSESSMENT CRITERION 3 
3. The use of each subsidiary journal is justified. 
ASSESSMENT CRITERION RANGE 
Cash receipts journal for all receipts, Cash payments journal for all payments, etc.
 

SPECIFIC OUTCOME 4 
Prepare subsidiary journals. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The relationship between source documents and subsidiary journals is expressed. 
ASSESSMENT CRITERION RANGE 
Receipts to cash receipts journal, cheque counterfoils to cash payments journal, petty cash vouchers to petty cash journal, etc.
 

ASSESSMENT CRITERION 2 
2. The correct recording of entries from the source documents into subsidiary journals is demonstrated. 
ASSESSMENT CRITERION RANGE 
Practical exercises - from source documents to subsidiary journals
 

ASSESSMENT CRITERION 3 
3. The understanding of closing the subsidiary journals at the end of each month is demonstrated. 
ASSESSMENT CRITERION RANGE 
Practical exercises - subsidiary journals closed off
 

SPECIFIC OUTCOME 5 
Post subsidiary journals to the general ledger. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The purpose of the general ledger is explained. 

ASSESSMENT CRITERION 2 
2. The sections of the general ledger is explained. 
ASSESSMENT CRITERION RANGE 
Balance sheet section, Nominal Accounts Section, Final accounts section
 

ASSESSMENT CRITERION 3 
3. The understanding of the posting from the subsidiary journal is explained, and demonstrated. 
ASSESSMENT CRITERION RANGE 
Double-entry system, practical exercises: from subsidiary journals to ledger
 

SPECIFIC OUTCOME 6 
Prepare the final statements. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The final statements of business' are identified and explained. 
ASSESSMENT CRITERION RANGE 
Income statements, balance sheet
 

ASSESSMENT CRITERION 2 
2. The purpose of final statements is explained. 
ASSESSMENT CRITERION RANGE 
Calculate profit /loss, etc.
 

ASSESSMENT CRITERION 3 
3. The understanding to complete an income statement from the given information is demonstrated. 
ASSESSMENT CRITERION RANGE 
Practical exercises - from trial balances to income statements
 

ASSESSMENT CRITERION 4 
4. The understanding to complete a balance sheet from the given information is demonstrated. 
ASSESSMENT CRITERION RANGE 
Practical exercises: from trial balances and income statements to balance sheets.
 


UNIT STANDARD DEVELOPMENTAL OUTCOME 
1. Reflecting on and exploring a variety of strategies to learn more effectively;
2. Participating as responsible citizens in the life of local, national and global communities;
3. Being culturally and aesthetically sensitive across a range of social contexts;
4. Exploring education and career opportunities; and
5. Developing entrepreneurial opportunities. 


Critical Cross-field Outcomes (CCFO): 

UNIT STANDARD CCFO IDENTIFYING 
Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made. 

UNIT STANDARD CCFO WORKING 
Work effectively with others as a member of a team, group, organisation and community. 

UNIT STANDARD CCFO ORGANISING 
Organise and manage oneself and one`s activities responsibly and effectively. 

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

UNIT STANDARD CCFO COMMUNICATING 
Communicate effectively using visual, mathematical and/or language skills in the modes of oral and/or written presentation. 

UNIT STANDARD CCFO SCIENCE 
Use science and technology effectively and critically, showing responsibility towards the environments and health of others. 

UNIT STANDARD CCFO DEMONSTRATING 
Demonstrate an understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation. 

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

QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
  ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
Core  24153   General Education and Training Certificate: Adult Basic Education and Training  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2008-09-13  Was ETDP SETA until Last Date for Achievement 
Core  61755   General Education and Training Certificate: Business Practice  Level 1  NQF Level 01  Reregistered  2023-06-30  SERVICES 
Core  64909   National Certificate: Small Scale Mining  Level 2  NQF Level 02  Reregistered  2023-06-30  MQA 
Fundamental  22971   General Education and Training Certificate: Conservation  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2012-06-30  CATHSSETA 
Fundamental  22190   General Education and Training Certificate: Tourism  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2012-06-30  CATHSSETA 
Elective  71751   General Education and Training Certificate: Adult Basic Education and Training  Level 1  NQF Level 01  Reregistered  2023-06-30  As per Learning Programmes recorded against this Qual 
Elective  73249   General Education and Training Certificate: Adult Basic Education and Training: Academic Curriculum  Level 1  NQF Level 01  Reregistered  2023-06-30  UMALUSI 
Elective  50584   General Education and Training Certificate: Clothing Manufacturing Processes  Level 1  NQF Level 01  Reregistered  2023-06-30  FPMSETA 
Elective  20183   National Certificate: Banking  Level 2  NQF Level 02  Passed the End Date -
Status was "Reregistered" 
2015-06-30  BANKSETA 
Elective  20288   National Certificate: Farming  Level 2  NQF Level 02  Reregistered  2023-06-30  AgriSETA 
Elective  48969   National Certificate: Service Station Operations  Level 2  NQF Level 02  Passed the End Date -
Status was "Reregistered" 
2008-11-26  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. 1 Classie Africa 
2. A Z Community Services 
3. African Apex Apparel (Pty) Ltd 
4. AL Development Services cc 
5. Amasiko Trading Enterprise 
6. Aranda Textile Mills Pty Ltd 
7. Arden School of Management (Pty) Ltd 
8. Assured Vocational Skills Institute (Pty) Ltd 
9. Avad Projects (Pty) Ltd 
10. Ayasaphe Trading cc 
11. Bakgoni Empowerment Centre (Pty) Ltd 
12. Better beginning trading and projects pty ltd 
13. Big Tree Group (Pty) Ltd 
14. Bokamoso Competence (Pty) Ltd 
15. Bonenhle Investments 
16. Bosasa Youth Development Centres (Pty) Ltd 
17. Btech 
18. Camblish Training Institute (Pty) Ltd 
19. CANDYS UNLIMITED COLLECTION Pty Ltd 
20. Cape Business & Engineering College (Pty) Ltd 
21. Cape Town Workbased Learning Academy 
22. Capricorn TVET College 
23. Changing Women 
24. Chippa Training Academy (Pty) Ltd 
25. Circleway College 
26. CKWEI Clothing (Pty) Ltd 
27. College of Cape Town - Athlone Campus 
28. Cre8tion Projects 6 PTY LTD 
29. Cumlaude Institute (PTY) Ltd 
30. Dinaka Business Management & Consulting 
31. DITEBOGO CONSULTANCY CC 
32. Dlabane Investment Holdings (Pty) Ltd 
33. Dlamini The Siba PTY LTD 
34. Do It Again Academy (Pty) Ltd 
35. Dr M Investments 
36. Duzi-Corp 56 
37. Ekurhuleni Artisans & Skills Training Centre (Pty) Ltd 
38. Elimofo Trading& Projects 
39. Esayidi FET College - Central Office 
40. Faithworks Development Consultants (Pty) Ltd 
41. FALSE BAY TECHNICAL VOCATIONAL EDUCATION & TRAINING COLLEGE 
42. Fezile Fashion Skills Academy (Pty) Ltd 
43. Flavious Mareka TVET College 
44. Forthwawe Business Centre 
45. Fundakahle Multi-Purpose Co-operative Limited 
46. Furniture World Training Centre 
47. Future Discovery Training Academy CC 
48. Future Dynamics Learning 
49. Gauteng City College 
50. Gia Development Trades 
51. Glicam Trading Enterprise 
52. Grandstar Projects 
53. Green Earth Training & Development (Pty) Ltd 
54. Green Enviro & Projects (Pty)Ltd 
55. Greenrim Training 
56. HHO Enterprise 
57. HLUVUKA TRAINING AND CONSULTING 
58. Honey Cube Projects & Services (Pty) Ltd 
59. Hoseah Training and Manufacturing NPC 
60. Hot To Go Training College and Services 
61. HYGRO TRAINING COLLEGE (Pty) LTD 
62. I Care Resource Centre 
63. Ikamvelihle Youth Development (Pty) Ltd 
64. Imbewu Development Institute (Pty) Ltd 
65. Impela Trading cc 
66. In House Media Instruction 
67. In Time Industrial (Pty) Ltd 
68. Inafrica General Trading Pty LTD 
69. Inter-Coastal Business & Property Services cc 
70. INTERMASIKO CC 
71. Intsukaze Training Center 
72. Intuthuko Yesizwe Community Organisation 
73. Inyathi Visions 
74. Ithemba Lomphakathi Community Organisation 
75. Izintombizekhethelo (Pty) Ltd 
76. Jeppe College of Commerce and Computer Studies 
77. Jumpstart Training Institute (Pty) Ltd 
78. kagisho Business Concepts (Pty) Ltd 
79. Kelmik Training Centre (Pty) Ltd 
80. Kingdom Varsity College (Pty) Ltd 
81. Kingsbury International College (SA) 
82. Knoop Academy NPC 
83. Kotton Wear (Pty) Ltd 
84. Kusabelele Investments 
85. KWEM Management Solutions 
86. La Gratitude Academy 
87. Lembede Investment Holdings (Pty) Ltd 
88. Leronsa Trading Enterprise 
89. Letaba TVET College 
90. LFS DESIGNS 
91. LLSM (Pty) Ltd 
92. Longata Consultant 
93. Lucky Neo (Pty) Ltd 
94. Lwaziphezinhle (Pty) Ltd 
95. Maboko Skill Development & Projects 
96. Maluti TVET College 
97. Mananthatshema Skills Dev. Centre 
98. Matatiele Fashion Design Academy (Pty) Ltd 
99. Mberwana Trading Enterprise 
100. Mbimbini Training and Community Development 
101. Meals on Wheels Community Services - South Africa 
102. Mgadaveni Training Projects (Pty) Ltd 
103. MICROMATICA 384 (PTY) LTD 
104. Mlasimbi Catering Primary Co-operative Limited 
105. MMBG Trading & Consulting 
106. Mnambithi TVET College 
107. Modiehi Consulting & Projects (Pty) Ltd 
108. Mphahle Consultancy (Pty) Ltd 
109. Mugazi Consultancy cc 
110. Mukwevho Training and Development 
111. NDIMASE TRADING 
112. Nedbank Ltd 
113. NELLY-SGUEEJE TRADING 
114. New Business Initiative Management Consultancy 
115. Ngaphakathi Investments 
116. Ngcebo Consulting (Pty) Ltd 
117. Nhlanzi Investments (Pty) Ltd 
118. Nolwazi Dev Centre (Pty) Ltd 
119. Nomzumbe Trading & Projects (Pty) Ltd 
120. Northlink College 
121. Nosino Projects (Pty) Ltd 
122. Nteko Investments 
123. Ntuthuko Projects & Services 
124. Nurture-Nature Resources (Pty) Ltd 
125. Nurtured Minds Trading (Pty) Ltd 
126. Optimi Workplace 
127. Optimum Capacity (Pty) Ltd 
128. OTP 
129. Oyama Kulwazi Training & Consulting (Pty) Ltd 
130. Pectosource (Pty) Ltd 
131. Penny Lane Fashion School (Pty) Ltd 
132. People Upliftments t/a POPUP Upliftment 
133. Positive Thinking Consultants CC 
134. Practice Makes Perfect Training Centre 
135. Premier Agric (Pty) Ltd 
136. Prempie Business Solutions (Pty) Ltd 
137. Prispiri (Pty) Ltd 
138. Professional Development and Training Institute (Pty) Ltd 
139. Professional Training Institute (Pty) Ltd 
140. Progressive School of Business and Engineering (Pty) 
141. Qualfurn Training & Projects 
142. Rally Business Consulting PTY LTD 
143. Re Tshepeng Holdings 
144. Redefined Skills Training & Development (Pty) Ltd 
145. RI A LINDA SECURITY SOLUTIONS 
146. RUBICON COMMUNICATIONS 
147. Seacrest Investments 156 (Pty) Ltd 
148. Sedibeng TVET College 
149. Sekhukhune FET College - Central Office 
150. SEOPOSENGOE TRAINING CONSULTANCY CC 
151. Setlakala Business Development 
152. Sew Africa Training Centre 
153. Sibonguthando Projects And Services Cc 
154. Silalele Consultants (Pty) Ltd 
155. Silungokuhle (Pty) Ltd 
156. Sinovuyolethu Trading (Pty) Ltd 
157. Siyasanga Training Centre 
158. Souls 4 Life Trading (Pty) Ltd 
159. South African Advanced Skills Institute 
160. SOUTH AFRICAN FASHION DESIGNER AGENCY 
161. South Cape Public FET College - George Campus 
162. South West Gauteng Tvet College 
163. T Mdlatu Trading Enterprise cc 
164. Talent for Sewing 
165. Tebkhan Investments (Pty) Ltd 
166. Tembe Service Providers 
167. ThabileTrade 1054 cc 
168. The Brokers Learning Centre 
169. The Finishing College (Pty) Ltd 
170. The Institute of Fashion and Garment Technology (Pty) Ltd 
171. Thitha Training and Development Services 
172. Thuto Skills Development 
173. Tlhole Foundation (PTY) LTD 
174. Trade Call Investments Apparel (Pty) LTD 
175. Trade Call Investments Apparel (Pty) Ltd (Mobeni) 
176. True Ruby Trading 1021 cc 
177. Try Easy Electrical Solutions 
178. Tshwane North College 
179. U AND G TRAINING (PTY) LTD 
180. Ubucubu Home Industries 
181. Ubuhle Bengcebo 
182. Udumo Services & Projects 
183. Umfolozi TVET College (Richards Bay) 
184. Umlozi Skills Centre (Pty) Ltd 
185. Umnotho We Afrika Foundation NPC 
186. Umunotho Wealth Management Pty Ltd 
187. Uyabusisa Arts and Development Pty Ltd 
188. Valotech 274 (Pty) Ltd 
189. Value at Hand (Pty) Ltd 
190. VEB CELE & Associates (Pty) Ltd 
191. Vhembe TVET College 
192. Vijay Bhagwan Consultancy and Solutions cc 
193. VINE APPAREL (PTY)LTD 
194. Visionary Skill Academy 
195. VPK BUSINESS VENTURE C C 
196. Vuliqgondo Research & Manufacturing Centre 
197. Wattville Community Learning College 
198. Western Cape Clothing and Textiles Service Centre 
199. Wilratty Consultants (Pty) Ltd 
200. Womens Leadership & Empowerment Initiative 
201. World Pace Development & Training Institute (Pty) Ltd 
202. World Pace Development and Training Institute 
203. Yahweh Shammah Socio-Economic Development 



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.