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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: |
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. | Acorser Corporate & Business Consulting t/a Acorser Academy |
4. | Acorser Corporate and Business Consulting Cc |
5. | Action for Blind and Disabled |
6. | Action4 |
7. | Affirmations Training |
8. | Africa Learn (Pty) Ltd |
9. | Afrika Tikkun NCC |
10. | Aldabri 106 Institute for Quality Pty Ltd |
11. | All Nation Group Five Trading and Projects |
12. | Amadi Institute of Management And Technology (Pty) Ltd |
13. | Amandla Obunye Training Academy |
14. | Amilak Training Center |
15. | Angie Technologies |
16. | Answer The Call Skills and Entrepreneurship |
17. | Arishi ISD (PTY) Ltd |
18. | ASMO INSTITUTE OF BUSINESS AN |
19. | Aspirations Communication Training CC |
20. | Assured Vocational Skill Institute |
21. | ATTI (Advanced Technonogy Training Institute) |
22. | ATTI IT SOLUTIONS (Bloemfontei |
23. | ATTI Nelspruit Pty Ltd |
24. | Atvance Institute (Pty) Ltd |
25. | Aubrey Nyiko Business Enterprises |
26. | Balefile Trading and Services |
27. | Basadipele Skills Development and Training |
28. | baseni |
29. | BEE Clinic Pty Ltd |
30. | Bells Technical College |
31. | Bohlokoa Business Consultancy |
32. | Bokamoso Skills and Economic Development Centre |
33. | Brainwave Projects 1430 cc |
34. | Business Optimization Training Institute (Pty) Ltd |
35. | Cale Developments |
36. | Cape Innovation Technology Initiative |
37. | Careers IT |
38. | CENTRE FOR EXCELLENCE & PROFESSIONAL TRAINING |
39. | Chartered Institute of Management (Pty) Ltd |
40. | CHILI PEPPER INFORMATION TECHNOLOGY SOLUTIONS |
41. | Clean Heat Academy |
42. | College Africa Group (Pty) Ltd |
43. | College of Cape Town TVET |
44. | Columbus Consulting Pty Ltd |
45. | Common Vision Young Specialist Trading cc |
46. | CompEd IT Training |
47. | COMPUSTEPS COLLEGE (PTY) LTD |
48. | CSL Accountants |
49. | CYBAX SYSTEMS |
50. | CYBER-CITY IT SOLUTIONS |
51. | DC Academy (PTY)LTD |
52. | Decade Pulse (Pty) Ltd |
53. | Dee's Training (Pty) Ltd |
54. | Delight Computer Training |
55. | Destiny Management Consultants (Pty) Ltd |
56. | DotCentre Business Consulting |
57. | Dzindalo Consulting (Pty) Ltd |
58. | Eagle Computer Training |
59. | Eagle High IT Training |
60. | EAST LONDON MANAGEMENT INSTITUTE |
61. | Eastern Cape Academy of Technology |
62. | ED-U Options Academy |
63. | Edutel Public Service Company |
64. | Ekasi IT Solutions Centre |
65. | Ekurhuleni Artisans and Skills Training Centre Pty Ltd |
66. | Elangeni Training Institute |
67. | Elchees Software Solutions |
68. | Emalahleni Institute of Techno |
69. | Enter on Stilts |
70. | Epitome Villa (Pty)Ltd |
71. | Eshybrand Pty Ltd |
72. | Excellent Minds Institute (Pty) Ltd |
73. | EYETHU NATIONAL COMPUTER COLLEGE PTY LTD |
74. | Finweb Business Consultancy |
75. | Fort Hare Trading Solutions (Pty) Ltd |
76. | Foster-Melliar (Pty) Ltd |
77. | Fourways Private College |
78. | Free State Training and Development Institute |
79. | Futurekids SA (Fochville) |
80. | Genii Institute PTY LTD |
81. | Genvio (Pty) Ltd |
82. | Gert Sibande FET College |
83. | Gigimo Tourism Academy |
84. | Gleyding Management Institute (Pty) Ltd |
85. | Global Institute for Capacity |
86. | Global Steel Merchants (Pty) Ltd |
87. | Greater Tzaneen Community Foundation |
88. | Growth Management Consulting cc |
89. | Gurandbuilt Management Development |
90. | Harvestine Investments (Pty) Ltd |
91. | Harvitex cc |
92. | HAVOHEJ CONSULTANCY |
93. | Hazyview Computer College |
94. | Higherway Institute of Learning (Pty) Ltd |
95. | HILLCROSS BUSINESS SCHOOL (PTY |
96. | Hlanganani ICT (Pty) Ltd |
97. | Home of Compassion/Grace Ministries |
98. | HUAWEI Technologies Africa (PTY) LTD |
99. | iCollege College |
100. | Ikusasa Technology Solutions |
101. | Ikusasalethu Youth Development Project NPC |
102. | iLearn Corporate Services PTY LTD |
103. | Imbizo Training and Development Consultants Cc |
104. | Immaculate Training and Consulting |
105. | Information Technology Resource Centre |
106. | InnerOut Training Solutions |
107. | Inqubeko Institute (Pty) Ltd |
108. | Institute of Busines Management of Southern Africa |
109. | Integrated Corporate Skills Solution |
110. | Intercept Consulting and Training Solutions |
111. | IT Academy |
112. | IT-HI-Q Training (PTY) Ltd |
113. | Iyam Training Services |
114. | Jeppe College of Commerce and |
115. | Josmap Training Institute |
116. | K Boneng Consulting Services P |
117. | K Centre Business Enterprise (PTY) LTD |
118. | Keep The Dream 285 |
119. | Keybase Training Solutions Cc |
120. | Kgaka Kgolo Institute |
121. | Khongoloti Training Academy |
122. | KN Training Specialist |
123. | KT Mobile Services |
124. | Kundani Trading |
125. | L and P Computer Academy Pty Ltd |
126. | Lead Afrika Consulting (Pty) Ltd |
127. | Learnfast Training Solutions ( |
128. | Leronsa Trading Enterprise |
129. | Leseding Computer Systems |
130. | LETAGO DEVELOPMENT CONSULTING |
131. | LIMPOPO COMPUTER COLLEGE BK |
132. | LINDAMAHLE MANAGEMENT SYSTEMS (PTY) LTD |
133. | Loomee Group |
134. | Lusa Social Enterprenueship Institute (PTY)LTD |
135. | LYFE COMPUTER TECHNOLOGIES (PTY) LTD |
136. | Majuba Technical Vocational Education and Training |
137. | Makhophila Training |
138. | Masakhane Training and Consult |
139. | Mash Computer Training |
140. | Matash Holdings (Pty) Ltd |
141. | MBOWA COLLEGE PTY LTD |
142. | Metanoia Ratings PTY LTD |
143. | Mgwezane Training and Management cc |
144. | MMELA VILLAGE TECHNOLOGIES (PT |
145. | MMPS Holdings |
146. | MND Training and Projects |
147. | Mogapi Education Group (Pty) Ltd |
148. | Mokoai Business Solutions (Pty) Ltd |
149. | Molly Malete Productions CC |
150. | Moripe Business Training and C |
151. | MORTERBOARD TRAINING SOLUTIONS |
152. | Motlhamme Executive Management |
153. | Moving Ahead Development Agenc |
154. | Mowils Consultants |
155. | MP Avuxeni Computer Academy |
156. | Mpande Technologies cc |
157. | Mpumalanga School of Government - MPSG |
158. | Mthonyama Technologies cc |
159. | Mufuka Business and Technical |
160. | Musengavhadzimu Media |
161. | Nape Angwato Trading |
162. | Natfin Holdings Pty Ltd |
163. | National Skills and Technical |
164. | NBC Technologies |
165. | NCC - Vereeniging |
166. | Ndulita Solutions |
167. | New Link Computer Skills |
168. | NokushoM Consultancy and Trading |
169. | Nolwazi Stem Education for The |
170. | Ntamunde Investment |
171. | Ntandokazi Holdings Pty Ltd |
172. | NW Avuxeni Computer Academy |
173. | Nyankwavi Inverstment |
174. | Nyathela Business College |
175. | Nyelati Trading Enterprise |
176. | Olrich Home of Technology |
177. | On the Ball College Pty ltd |
178. | OPELONG BUSINESS INSTITUTE (PT |
179. | Orchards Graduate School (Pty) Ltd |
180. | Paramixed Pty Ltd |
181. | Parkton College of Catering & Tourism Studies |
182. | Peo Entle HIV Wellness Management and Youth Skills Development NPO |
183. | Phoka Tshela Projects |
184. | Pioneer Business Consulting |
185. | Polokwane Technology Institute (Pty) Ltd |
186. | Positive Thinking Consultants cc |
187. | Prestige Leaders Consulting (Pty) Ltd |
188. | Pretoria Technical College |
189. | Priha Projects Pty Ltd |
190. | Prodigy Business Services |
191. | Progressive School of Business |
192. | Prophesy Training College (Pty) Ltd |
193. | Prospen Group (Pty) Ltd |
194. | PRX SCHOOL TEST |
195. | QUARPHIX (PTY) LTD |
196. | Ramazwi Security Service and Training Agency (Pty) Ltd |
197. | Ramotec Business College |
198. | Rand Training College |
199. | Ratomac Trading Consultants (Pty) Ltd |
200. | Redefine Human Capital (PTY) L |
201. | Regen Institute of Leadership and Management Education |
202. | Regenesys School of Public Management |
203. | Richfield Graduate Institute of Technology Pty Ltd |
204. | Ritepath HR Solutions |
205. | Rostec Technical FET College (Pty) Ltd |
206. | Sabile Human Resources Consult |
207. | Sampatla Procurement Solutions (Pty) Ltd |
208. | SANDM IT TRAINING (PTY) LTD |
209. | School of Shipping |
210. | SED Computer Academy |
211. | Sesk Facilitation Development (PTY) LTD |
212. | Silulo Ulutho Technologies |
213. | Sisekelo Sustainability Institute |
214. | SIYAFUNDA COMMUNITY TECHNOLOGY CENTRE NPC |
215. | Sizanesu Consulting |
216. | Skills Unlimited |
217. | South Africa School of Diplomacy, Protocol and Public Administration |
218. | SOUTH AFRICAN CORPORATE TRAINING ASSOCIATION (PTY) LTD |
219. | Spears Business and Life Coach Consulting |
220. | Spears Business and Life Couch Consulting (Pty) Ltd |
221. | SPLS Consultants (Pty) Ltd |
222. | Step Ahead Academy (Pty) Ltd |
223. | SUCCESS BUILDERS INTERNATIONAL CC |
224. | Success Christian Training Cen |
225. | Succinct Investments (Pty) Ltd |
226. | SUPREME ICT CONSULTANTS |
227. | Synergistic Covenant Network NPO |
228. | Tech-Com Solutions cc |
229. | Techtisa (pty) Ltd |
230. | Terrawood |
231. | Terry Computer Services cc |
232. | Thalita Koume Directions (Pty) Ltd |
233. | Thandiwenathi (Pty) Ltd |
234. | The Finishing College (Pty) Lt |
235. | THE SKILLS DEVELOPMENT CORPORA |
236. | Think Tank T2 (Pty) Ltd |
237. | Thubelihle Graduate Institute (Pty) Ltd |
238. | Tinotel Communications |
239. | Tippinggate Business Solutions |
240. | Titan Trade Technologies |
241. | Tlou Foundation College |
242. | Tloumogale Business Development & Consulting (Pty) Ltd |
243. | Tonex Management Solutions (Pty) Ltd |
244. | TORQUE TECHNICAL COMPUTER TRAINING PTY LTD |
245. | Tshwane College of Commerce an |
246. | Tsima Consulting Development S |
247. | TSP COLLEGE |
248. | TURFLOOP TRAINING SERVICES CC |
249. | Ubuhlanti Sances Trading (Pty) Ltd |
250. | Ukwazi Academy and Corporate S |
251. | Umbrella Training and Development |
252. | Umbusi Consulting Services |
253. | UTHINGO BRITE SERVICES |
254. | Varsity Institute of Science & Technology (Pty)Ltd |
255. | Visionary Skill Academy |
256. | Vuca Institute of Leadership Development |
257. | Vukani Solutions |
258. | Vumilia Africa Group |
259. | VUTHLARI MARKETING CONSULTING |
260. | Waterberg TVET College |
261. | Weinvest Investments |
262. | Wellinkwise Pty Ltd |
263. | Whitestone College |
264. | WORK SKILLS RESOURCES CC |
265. | Working Solution International |
266. | Xylo Trading 12 (Pty) Ltd |
267. | YITRO INNOVATIONS |
268. | Yonet Training Academy |
269. | Youth Media Movement |
270. | ZA WIT (PTY) LTD |
271. | Zealot Business College |
272. | Zikode Development Trust |
273. | ZIPHELELE RURAL DEVELOPMENT AC |
274. | Zizzy Printing & Projects (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. |