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 THAT HAS PASSED THE END DATE: 

Administer and control the organisation's deposits and floats 
SAQA US ID UNIT STANDARD TITLE
114909  Administer and control the organisation's deposits and floats 
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  8 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "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 depositing takings and replenishing floats in wholesale and retail organisation. 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.

Persons credited with this unit standard can follow bank requirements when preparing floats and all forms of legal bank tender for depositing and requisitioning change

This unit standard excludes reconciliation of bank statements. 

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.
  • Literacy and numerarcy at NQF Level 1. 
    		•

    UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Secure cash for deposit purposes. 

    ASSESSMENT CRITERIA     

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

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

    ASSESSMENT CRITERION 3 
    Security measures are implemented as per organisation's requirements. 

    ASSESSMENT CRITERION 4 
    The amount to be banked reflects the amount secured from the POS. 

    ASSESSMENT CRITERION 5 
    Where applicable, documentation is completed according to organisation's procedures. 

    ASSESSMENT CRITERION 6 
    The work area, stationery and equipment meet the housekeeping standards. 

    SPECIFIC OUTCOME 2 
    Prepare deposit for banking. 

    ASSESSMENT CRITERIA     

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

    ASSESSMENT CRITERION 2 
    Deposit is prepared according to organisation's and bank's requirements. 

    ASSESSMENT CRITERION 3 
    Required documentation is completed as per bank's and organisation's requirements. 

    SPECIFIC OUTCOME 3 
    Deposit organisation's takings. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Procedure for depositing takings is identified as laid down by the organisation. 

    ASSESSMENT CRITERION 2 
    Takings are deposited according to organisation's procedures. 

    ASSESSMENT CRITERION 3 
    Documents returned from the bank are verified for completeness as required by the organisation. 

    ASSESSMENT CRITERION 4 
    Variances identified by the bank are dealt with according to organisation's procedures. 

    SPECIFIC OUTCOME 4 
    Replenish change according to organisation's requirements. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Change is ordered and secured as per organisation's trading requirements. 

    ASSESSMENT CRITERION 2 
    Documentation is completed as per organisation's and bank's requirements. 

    ASSESSMENT CRITERION 3 
    Change is reconciled as per change requisition. 

    ASSESSMENT CRITERION 4 
    Change is made up and distributed to POS Operators as per requisition and organisation policies and procedures. 


    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:
  • The organisation's cash handling security procedures
  • The organisation's and the bank's banking procedures
  • The organisation's procedures for reporting transactional discrepancies
  • The organisation's procedures for securing floats and takings for collection and depositing
  • The general practices for performing reconciliations and preparing banking deposits and float requisitions
  • Procedures for replenishing floats
  • The organisation's trading patterns as it impacts on float requirements
  • The effect of shrinkage and losses on profits and employees
  • Causes of shrinkage and losses whilst administering and controlling deposits and floats
  • 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:
  • Deposit organisation's takings.

    Assessment Criteria:
  • Documents returned from the bank are verified for completeness as required by the organisation.
  • Variances identified by the bank are dealt with according to organisation's procedures. 
    		•

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

    Specific Outcomes:
  • Replenish change according to organisation's requirements.

    Assessment Criteria:
  • Change is made up and distributed to POS Operators as per requisition and organisation policies and procedures.
  • Change is ordered and secured as per organisation's trading requirements. 
    		•

    UNIT STANDARD CCFO ORGANISING 
    Organise oneself and ones activities.

    Specific Outcomes:
  • Prepare deposit for banking.

    Assessment Criteria:
  • Deposit is prepared according to organisation's and bank's requirements.
  • Required documentation is completed as per bank's and organisation's requirements. 
    		•

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

    Specific Outcomes:
  • Deposit organisation's takings.

    Assessment Criteria:
  • Documents returned from the bank are verified for completeness as required by the organisation.
  • Takings are deposited according to organisation's procedures. 
    		•

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively.

    Specific Outcomes:
  • Replenish change according to organisation's requirements.

    Assessment Criteria:
  • Change is ordered and secured as per organisation's trading requirements. 
    		•

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

    Specific Outcomes:
  • Secure cash for deposit purposes.

    Assessment Criteria:
  • Shrinkage and losses are explained in relation to the profits of the organisation and its impact on 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 
    N/A 

    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  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  W&RSETA 
    Elective  63409   National Certificate: Wholesale and Retail Operations  Level 3  NQF Level 03  Passed the End Date -
    Status was "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.
     
    NONE 


    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.