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  Passed the End Date -
Status was "Reregistered" 
2020-09-16  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. AGB Finance 
5. AL Development Services cc 
6. Al-fidaa Foundation 
7. Aldabri 106 (Pty) Ltd 
8. Amagema Development Consultants cc 
9. Amilekhoboya (Pty) Ltd 
10. Amos / Kgaphamadi Community Organisation 
11. Apparel Component Manufacturers Pty Ltd 
12. Aranda Learnership College (Pty) Ltd 
13. Aranda Textile Mills Pty Ltd 
14. Arden School of Management 
15. Arden School of Management (Pty) Ltd 
16. Assured Vocational Skills Institute (Pty) Ltd 
17. Avad Projects (Pty) Ltd 
18. Ayasaphe Trading cc 
19. Babina Tlou Trading and Projects 001 
20. Bafikile Skills & Consulting Services (Pty) Ltd 
21. Bakgoni Empowerment Centre (Pty) Ltd 
22. Becoz Empire Multi-Choice and Trading Primary Co-operative Limited 
23. Better beginning trading and projects pty ltd 
24. Big Tree Group (Pty) Ltd 
25. Bokamoso Competence (Pty) Ltd 
26. Bonenhle Investments 
27. Bosasa Youth Development Centres (Pty) Ltd 
28. Broadway Sky Trading 
29. Btech 
30. Camblish Training Institute (Pty) Ltd 
31. CANDYS UNLIMITED COLLECTION Pty Ltd 
32. Cape Business & Engineering College (Pty) Ltd 
33. Cape Town Workbased Learning Academy 
34. Capricorn TVET College 
35. CAROLINE'S FASHION ENTERPRISE 
36. Cebelihle (Pty) Ltd 
37. Chamonix Consulting (Pty) Ltd 
38. Changing Women 
39. Chippa Training Academy (Pty) Ltd 
40. Circleway College 
41. CKWEI Clothing (Pty) Ltd 
42. College of Cape Town - Athlone Campus 
43. CRE8TION PROJECTS 6 (PTY) LTD 
44. Cumlaude Institute (PTY) Ltd 
45. Dinaka Business Management & Consulting 
46. DITEBOGO CONSULTANCY CC 
47. Dlabane Investment Holdings (Pty) Ltd 
48. Dlamini The Siba PTY LTD 
49. Do It Again Academy (Pty) Ltd 
50. Dr M Investments 
51. Dumolwakhe Academy (Pty) Ltd 
52. Duzi-Corp 56 
53. Ebotse Development and Training Centre 
54. Eddels Shoes Pty Ltd 
55. Ekurhuleni Artisans & Skills Training Centre (Pty) Ltd 
56. Elimofo Trading& Projects 
57. Ergonomic Construction and Managed Disability Projects 
58. Esayidi FET College - Central Office 
59. Esethu Manufacturing, Packaging, Printing & Design (Pty) Ltd 
60. Eshet Chayil Concepts (Pty) Ltd 
61. Eskilz College (Pty) Ltd 
62. Faithworks Development Consultants (Pty) Ltd 
63. FALSE BAY TECHNICAL VOCATIONAL EDUCATION & TRAINING COLLEGE 
64. Fezile Fashion Skills Academy (Pty) Ltd 
65. Flavious Mareka TVET College 
66. Forthwawe Business Centre 
67. Fundakahle Multi-Purpose Co-operative Limited 
68. Fundani School of Thought (pty) Ltd 
69. Furniture World Training Centre 
70. Future Discovery Training Academy CC 
71. Future Dynamics Learning 
72. Futuretech Campus (Pty) Ltd 
73. Gauteng City College 
74. Gia Development Trades 
75. Glicam Trading Enterprise 
76. GNBR Solutions (Pty) Ltd 
77. Goodwill Institute of Technology 
78. Grandstar Projects 
79. Green Earth Training & Development (Pty) Ltd 
80. Green Enviro & Projects (Pty)Ltd 
81. HHO Enterprise 
82. HLUVUKA TRAINING AND CONSULTING 
83. Honey Cube Projects & Services (Pty) Ltd 
84. Hoseah Training and Manufacturing NPC 
85. Hot To Go Training College and Services 
86. Hybrid Dynamics 
87. HYGRO TRAINING COLLEGE (Pty) LTD 
88. I Care Resource Centre 
89. IALE School of Advance Learning and Education (Pty) Ltd 
90. Ikamvelihle Youth Development (Pty) Ltd 
91. Imbeleko Community Development Projects 
92. Imbewu Development Institute (Pty) Ltd 
93. Impela Trading cc 
94. In House Media Instruction 
95. In Time Industrial (Pty) Ltd 
96. Inafrica General Trading Pty LTD 
97. Inkwenkwezi Private Community College & Skills Development 
98. Inter-Coastal Business & Property Services cc 
99. INTERMASIKO CC 
100. Intsukaze Training Center 
101. Intuthuko Yesizwe Community Organisation 
102. Inyapa Vhusiku Consulting Pty Ltd 
103. Inyathi Visions 
104. IQ Skills Academy (PTY) LTD. 
105. Ithemba Lomphakathi Community Organisation 
106. Ithuteng Learning Academy & Projects (Pty) Ltd 
107. Ivulandlela (Pty) Ltd 
108. Izintombizekhethelo (Pty) Ltd 
109. Jeppe College of Commerce and Computer Studies 
110. Jumpstart Training Institute (Pty) Ltd 
111. kagisho Business Concepts (Pty) Ltd 
112. Kelmik Training Centre (Pty) Ltd 
113. Khosi JS Designs (Pty) Ltd 
114. Kingdom Varsity College (Pty) Ltd 
115. KINGSBURY INTERNATIONAL COLLEGE SA PTY LTD 
116. Knoop Academy NPC 
117. Kotton Wear (Pty) Ltd 
118. Kusabelele Investments 
119. KWEM Management Solutions 
120. La Gratitude Academy 
121. Lembede Investment Holdings (Pty) Ltd 
122. Leronsa Trading Enterprise 
123. Letaba TVET College 
124. LFS DESIGNS 
125. Lisakhanya Skills Development Consultants (Pty) Ltd 
126. LLSM (Pty) Ltd 
127. Longata Consultant 
128. Lucky Neo (Pty) Ltd 
129. Lungile Mchunu Consultancy (Pty) Ltd 
130. Lwaziphezinhle (Pty) Ltd 
131. Maab Training Management ( Pty) Ltd 
132. Maboko Skill Development & Projects 
133. Majuba TVET College 
134. Makhendama Legacy (Pty) Ltd 
135. Maluti TVET College 
136. Mananthatshema Skills Dev. Centre 
137. Mandys Sewing School (PTY) Ltd 
138. Master Patterns by Rona 
139. Matatiele Fashion Design Academy (Pty) Ltd 
140. Mavco Engineering (Pty) Ltd 
141. Maxlen Holdings (Pty) Ltd 
142. Mberwana Trading Enterprise 
143. Mbimbini Training and Community Development 
144. Mbova Multi Services cc 
145. Meals on Wheels Community Services - South Africa 
146. Media Works 
147. Melenial Media (Pty) Ltd 
148. Mgadaveni Training Projects (Pty) Ltd 
149. MICROMATICA 384 (PTY) LTD 
150. Mlasimbi Catering Primary Co-operative Limited 
151. MMBG Trading & Consulting 
152. Mnambithi TVET College 
153. Modiehi Consulting & Projects (Pty) Ltd 
154. Motheo FET College - Central Office 
155. Mphahle Consultancy (Pty) Ltd 
156. Mthashana TVET College 
157. Mugazi Consultancy cc 
158. Mukwevho Training and Development 
159. NDIMASE TRADING 
160. Ndwamato Training Solutions (Pty) Ltd 
161. Nedbank Ltd 
162. NELLY-SGUEEJE TRADING 
163. New Business Initiative Management Consultancy 
164. Ngaphakathi Investments 
165. Ngcebo Consulting (Pty) Ltd 
166. Nguni Shades SA School of Fashion 
167. Nhlanzi Investments (Pty) Ltd 
168. NokushoM Consultancy & Trading (Pty) Ltd 
169. Nolwazi Dev Centre (Pty) Ltd 
170. Nomzumbe Trading & Projects (Pty) Ltd 
171. Northlink College 
172. Nosino Projects (Pty) Ltd 
173. Nqothu Projects (PTY) LTD 
174. Nteko Investments 
175. Ntuthuko Projects & Services 
176. Nurture-Nature Resources (Pty) Ltd 
177. Nurtured Minds Trading (Pty) Ltd 
178. One World Clothing (Pty) Ltd 
179. Optimum Capacity (Pty) Ltd 
180. OTP 
181. Oyama Kulwazi Training & Consulting (Pty) Ltd 
182. Pectosource (Pty) Ltd 
183. Penny Lane Fashion School (Pty) Ltd 
184. People Upliftments t/a POPUP Upliftment 
185. Pesac Professional Training (Pty) Ltd 
186. Phala Projects cc 
187. Phetho Concepts (Pty) Ltd 
188. Phumazeth Training Academy (Pty) Ltd 
189. Pinus Tech Technologies Trading and Projects 
190. Positive Thinking Consultants CC 
191. Practice Makes Perfect Training Centre 
192. Premier Agric (Pty) Ltd 
193. Prempie Business Solutions (Pty) Ltd 
194. Prispiri (Pty) Ltd 
195. Professional Development and Training Institute (Pty) Ltd 
196. Professional Training Institute (Pty) Ltd 
197. Progressive School of Business and Engineering (Pty) 
198. Qualfurn Training & Projects 
199. Rally Business Consulting PTY LTD 
200. Re Tshepeng Holdings 
201. RI A LINDA SECURITY SOLUTIONS 
202. RUBICON COMMUNICATIONS 
203. Safe Heavens Properties (Pty) Ltd 
204. Samkeliso Craft NPC 
205. Sarva Dharma Ashram 
206. Seacrest Investments 156 (Pty) Ltd 
207. Sedibeng TVET College 
208. Sefudi Business Solutions 
209. Sekhukhune FET College - Central Office 
210. SEOPOSENGOE TRAINING CONSULTANCY CC 
211. Setlakala Business Development 
212. Sew Africa Training Centre 
213. SEWAFRICA Marketing (Pty) Ltd 
214. Sibonguthando Projects And Services Cc 
215. Silalele Consultants (Pty) Ltd 
216. Silungokuhle (Pty) Ltd 
217. Sinovuyolethu Trading (Pty) Ltd 
218. Sisiziwe Training Centre Co-operative 
219. Siyasanga Training Centre 
220. Souls 4 Life Trading (Pty) Ltd 
221. South Africa Advanced Skills Institute (Pty) Ltd 
222. South African Advanced Skills Institute 
223. SOUTH AFRICAN FASHION DESIGNER AGENCY 
224. South Cape Public FET College - George Campus 
225. SPLS Consultants (Pty) Ltd 
226. SW Skills Wise (Pty) Ltd 
227. T Mdlatu Trading Enterprise cc 
228. Talent for Sewing 
229. TBL Empowerment Hub 
230. Tebkhan Investments (Pty) Ltd 
231. Tembe Service Providers 
232. ThabileTrade 1054 cc 
233. THANDEKA VOCATIONAL EDUCATION TRUST (PTY) LTD 
234. The Brokers Learning Centre 
235. The Finishing College (Pty) Ltd 
236. The Institute of Fashion and Garment Technology (Pty) Ltd 
237. The New Look 
238. Thitha Training and Development Services 
239. Thuto Mfundo Adult Education Centre 
240. Thuto Skills Development 
241. TIBZA Consulting (Pty) Ltd 
242. Tidlobi Developmental Activities NPC 
243. Tlhole Foundation (PTY) LTD 
244. Trade Call Investments Apparel (Pty) LTD 
245. Trade Call Investments Apparel (Pty) Ltd (Mobeni) 
246. True Reflections Training and Development (Pty) Ltd 
247. True Ruby Trading 1021 cc 
248. TRY EASY ELECTRICAL SOLUTIONS 
249. Tshwane North College 
250. U AND G TRAINING (PTY) LTD 
251. Ubucubu Home Industries 
252. Ubuhle Bengcebo 
253. Udumo Services & Projects 
254. Umbuso Training Services 
255. Umfolozi FET College 
256. Umfolozi TVET College (Richards Bay) 
257. Umlozi Skills Centre (Pty) Ltd 
258. Umnotho We Afrika Foundation NPC 
259. Umtha Developments 
260. Umunotho Wealth Management Pty Ltd 
261. Uphiwekonke Holdings (Pty) Ltd 
262. Uyabusisa Arts and Development Pty Ltd 
263. Valotech 274 (Pty) Ltd 
264. Value Added Reward (Pty) Ltd 
265. Value at Hand (Pty) Ltd 
266. VEB CELE & Associates (Pty) Ltd 
267. Veerosh Clothing (Pty) Ltd 
268. Verge (Pty) Ltd 
269. Vhembe TVET College 
270. Vijay Bhagwan Consultancy and Solutions cc 
271. VINE APPAREL (PTY)LTD 
272. Visionary Skill Academy 
273. VMMK Capital Investment (Pty) Ltd 
274. VPK BUSINESS VENTURE C C 
275. Vuliqgondo Research & Manufacturing Centre 
276. Vuthlari Marketing Consulting (Pty) Ltd 
277. Warona Owethu Projects (Pty) Ltd 
278. Wattville Community Learning College 
279. Western Cape Clothing and Textiles Service Centre 
280. Wilratty Consultants (Pty) Ltd 
281. Womens Leadership & Empowerment Initiative 
282. World Pace Development & Training Institute (Pty) Ltd 
283. World Pace Development and Training Institute 
284. Xhamela Development Services 
285. Yahweh Shammah Socio-Economic Development 
286. Youth for Survival NPO 
287. ZA GEAR 



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.