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: 

Control cash in a small business 
SAQA US ID UNIT STANDARD TITLE
243810  Control cash in a small business 
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  12 
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 cash within a small business. Persons credited with this unit standard will be able to receive, balance and reconcile cash in a small business. They are also able to deposit takings, check bank documents and replenish change within the small business environment. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
It is assumed that the learner is competent in:
  • Communication at NQF Level 2.
  • Mathematical Literacy at NQF Level 2. 

  • UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Accept payment for goods. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The selling price of the item is checked and if necessary recorded to ensure correct amount is charged. 

    ASSESSMENT CRITERION 2 
    Form of payment is checked against those acceptable to the business and accepted in terms of the generally accepted security procedures. 
    ASSESSMENT CRITERION RANGE 
    Form of payment includes, cash, cheque, credit card, debit card.
     

    ASSESSMENT CRITERION 3 
    Change is correctly calculated and given to the customer. 

    ASSESSMENT CRITERION 4 
    The customer's transactions is finalised according to organisation's specifications. 

    ASSESSMENT CRITERION 5 
    Customer service standards are maintained while accepting payment and handing over the purchase. 

    ASSESSMENT CRITERION 6 
    Security procedures are implemented to prevent losses while recording sales. 

    SPECIFIC OUTCOME 2 
    Count and record daily takings. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Cash-up procedures are described as they apply to the business. 

    ASSESSMENT CRITERION 2 
    Takings are counted and reconciled to ensure correctness and to identifgy any shortfall or surplus. 

    ASSESSMENT CRITERION 3 
    Security measures are implemented so as to prevent losses while cashing up. 

    SPECIFIC OUTCOME 3 
    Deposit takings. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Bank requirements and procedures for depositing takings are identified to ensure compliance. 

    ASSESSMENT CRITERION 2 
    Deposit is prepared and documentation is completed according to relevant bank requirements. 

    ASSESSMENT CRITERION 3 
    Takings are deposited in a manner that minimises shrinkage and losses. 

    ASSESSMENT CRITERION 4 
    Deposit documents returned from the bank are checked for correctness and completeness and are filed and if necessary, variances are dealt with. 

    ASSESSMENT CRITERION 5 
    Bank statements received are checked to ensure all deposits are correctly recorded. 

    SPECIFIC OUTCOME 4 
    Replenish float. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The amount of money and the denominations required are determined according to expected needs. 

    ASSESSMENT CRITERION 2 
    Money is ordered as per the bank's requirements. 

    ASSESSMENT CRITERION 3 
    The amount of money received is checked and secured. 


    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 ETQA. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant 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 
  • Procedures for recording sales and accepting payment.
  • Cashing up procedures.
  • Banking requirements in respect of deposits.
  • The general practices for performing reconciliations and preparing banking deposits.
  • Trading patterns as their impact on float requirements.
  • Causes of shrinkage and losses.
  • Bank requirements in respect of ordering and owoithdrawing money.
  • Interpretation and of reconciliation of e bank statements deposits. 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Solving problems.

    Refer to the following specific outcome:
  • Deposit takings. 

  • UNIT STANDARD CCFO ORGANISING 
    Organise oneself and ones activities.

    Refer to the following specific outcome:
  • Accept payment for goods. 

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

    Refer to the following specific outcome:
  • Accept payment for goods. 

  • UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively.

    Refer to the following specific outcomes:
  • Count and record daily takings.
  • Replenish float. 

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

    Refer to all specific outcomes. 

    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 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  58308   National Certificate: Informal Small Business Practice  Level 3  NQF Level 03  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 


    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. A and S Training Consultancy 
    2. Ave Amagora General Trading 
    3. Bibi Cash & Carry(Pty)Ltd 
    4. Bright Day Consultancy 
    5. Contra-Lit Pty Ltd 
    6. Creative Thinking Trading 524 
    7. Dumelang Umonde (Pty) Ltd 
    8. Edutel Wholesale & Retail Academy 
    9. EMANZINI STAFFING SOLUTIONS CC 
    10. Eruditio Skills Development Consultants 
    11. Gain-learning Today Leading Tomorrow cc 
    12. Marrian Ridge Computer Centre (Pty) Ltd 
    13. MHONTO EDUCATIONAL FOUNDATION NPC 
    14. NDOKHULA TRADING 
    15. Nela Kahle 80 cc 
    16. Rutisa Training and Recruitment cc 
    17. Southern Ambition 171 
    18. Thahameso Training and Development Services 
    19. The Ed Agency Pty Ltd 
    20. Tjantjello Training Solutions (PTY) Ltd 
    21. Visual Excellence Trading 508 (Pty) Ltd 



    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.