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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 THAT HAS PASSED THE END DATE: |
Apply basic invoicing and accounting principles |
SAQA US ID | UNIT STANDARD TITLE | |||
252435 | Apply basic invoicing and accounting principles | |||
ORIGINATOR | ||||
SGB Transport and Logistics Operations | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 11 - Services | Transport, Operations and Logistics | |||
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" |
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 replaces: |
US ID | Unit Standard Title | Pre-2009 NQF Level | NQF Level | Credits | Replacement Status |
11241 | Perform Basic Business Calculations | Level 3 | NQF Level 03 | 6 |
PURPOSE OF THE UNIT STANDARD |
The person credited with this Unit Standard will be able to perform routine financial transactions and calculations and need 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.
The qualifying learner is capable of: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
Learners accessing this qualification will be assumed competent in:
|
UNIT STANDARD RANGE |
N/A |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Explain items of expenditure and revenue. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
A definition of expenditure is provided in the context of freight forwarding and customs clearing. |
ASSESSMENT CRITERION 2 |
A definition of revenue is provided in the context of freight forwarding and customs clearing. |
ASSESSMENT CRITERION 3 |
The difference between expenditure and revenue are explained as they apply to freight forwarding. |
SPECIFIC OUTCOME 2 |
Explain fixed and variable costs. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Fixed cost is defined with examples. |
ASSESSMENT CRITERION 2 |
Variable cost is defined with examples. |
ASSESSMENT CRITERION 3 |
Three examples are provided where fixed costs could happen. |
ASSESSMENT CRITERION 4 |
Examples are provided where variable costs could be confused as fixed costs. |
ASSESSMENT CRITERION RANGE |
Three examples must be given. |
ASSESSMENT CRITERION 5 |
The consequences of a variable cost being confused as a fixed cost is explained with examples. |
SPECIFIC OUTCOME 3 |
Perform invoicing operations and post amounts to the appropriate accounts. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
An invoice is prepared which has items of expenditure and items revenue for a sea freight shipment for a full container load and import which has paid customs duty, duty schedule, and the ocean freight is on a collect basis. |
ASSESSMENT CRITERION 2 |
An invoice is prepared for an air freight export shipment which has items of expenditure and items of revenue where the master airway bill is collected, insurance must be invoiced as well as cartage collection charges. |
ASSESSMENT CRITERION 3 |
The expenditure items must be posted to the appropriate accounts for both the seafreight and airfreight invoices. |
ASSESSMENT CRITERION 4 |
A record is made up of the over-recoveries of the items of expenditure which must later be taken to profit. |
SPECIFIC OUTCOME 4 |
Reconcile and identify individual transactions with statements of accounts. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Ocean freight or air freight is identified as items of the organisations invoices. |
ASSESSMENT CRITERION 2 |
Cartage is identified as an item of the company's invoices and statements from the transporter taking into account all over-and-under recoveries. |
ASSESSMENT CRITERION 3 |
All landside and surface charges are identified including port authority charges, airline charges, depot charges and carrier's handling. |
ASSESSMENT CRITERION 4 |
All customs and charges are identified and reconciled with bills of entries, statements and deferment accounts. |
ASSESSMENT CRITERION 5 |
Other disbursements charges are identified and reconciled with invoices from those parties taking into account all over-and-under recoveries. |
ASSESSMENT CRITERION RANGE |
Other disbursements may include but is not limited to other agents', storage charges, packing, fumigation, inspection, insurance. |
ASSESSMENT CRITERION 6 |
Supplementary charges from outside parties are identified and reconciled to the organisations invoice taking into account all over-and-under recoveries. |
ASSESSMENT CRITERION 7 |
Supplementary invoices are disbursed by the organisation and account for all disbursement items which have been invoiced. |
ASSESSMENT CRITERION 8 |
Reconciliation is made between the invoices and statement of accounts. |
SPECIFIC OUTCOME 5 |
Identify and disburse the items on behalf of the organisation to be recovered in the invoicing process. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Cartage charges as disbursed by the organisation, are identified and posted to the cartage disbursement account. |
ASSESSMENT CRITERION 2 |
Storage charges as disbursed by the organisation are identified and posted to the storage disbursement account. |
ASSESSMENT CRITERION 3 |
All special charges such as extra attendance are disbursed by the organisation are identified and posted to the disbursement accounts. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
Identify and solve problems related to the invoicing and accounting practices. |
UNIT STANDARD CCFO WORKING |
Work effectively with others to ensure that all figures are obtained and reconciled to meet the organisations needs. |
UNIT STANDARD CCFO ORGANISING |
Organise and manage oneself and one's activities in such a way as to have an alternative plan available should problems arise in the reconciliation and invoicing process. |
UNIT STANDARD CCFO COLLECTING |
Collect, analyse, organise and critically evaluate information pertaining to the information required for invoicing and reconciling of accounts. |
UNIT STANDARD CCFO SCIENCE |
Use science and technology to process all the data. |
UNIT STANDARD CCFO DEMONSTRATING |
Demonstrate an understanding of the world as a set of related systems whereby poor reconciliation practices provide inaccurate financial information. |
UNIT STANDARD CCFO CONTRIBUTING |
In order to contribute to the full personal development of each learner and the social and economic development of society at large, it must be the intention underlying any programme of learning to make an individual aware of the importance of:
|
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 |
This unit standard replaces unit standard 11241, which is "Perform basic business calculations", 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 | 59365 | National Certificate: Freight Forwarding and Customs Compliance | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | TETA |
Elective | 74189 | National Certificate: Cereals, Snacks, Pasta and Condiments Manufacturing | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | FOODBEV |
Elective | 63929 | National Certificate: Spirits Production | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | FOODBEV |
Elective | 63869 | National Certificate: Winemaking | 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 of Training and Allied Services Pty Ltd |
3. | Academy Training Group |
4. | Acorser Corporate & Business Consulting t/a Acorser Academy |
5. | Action for Blind and Disabled |
6. | Action4 |
7. | Added Advantage Academy |
8. | Addskills Computer Training |
9. | Affirmations Training |
10. | Afrika Tikkun |
11. | Aldabri 106 Institute for Quality Pty Ltd |
12. | All Nation Group Five Trading and Projects |
13. | Amadi Institute of Management And Technology (Pty) Ltd |
14. | Amilak Training Center |
15. | Angie Technologies |
16. | Answer The Call Skills ands En |
17. | ASMO INSTITUTE OF BUSINESS AN |
18. | Aspirations Communication Training CC |
19. | Assured Vocational Skill Institute |
20. | ATTI (Advanced Technonogy Training Institute) |
21. | ATTI IT SOLUTIONS (Bloemfontei |
22. | ATTI Nelspruit Pty Ltd |
23. | Atvance Institute (Pty) Ltd |
24. | AUK MARINE AND MINING |
25. | Award Media (Pty) Ltd T/A Award Training (PORT ELIZABETH) (TP) |
26. | Awona Technologies cc |
27. | Balefile Trading and Services |
28. | Basadipele Skills Development and Training |
29. | baseni |
30. | BEE Clinic Pty Ltd |
31. | Bells Technical College |
32. | Bokamoso Skills and Economic Development Centre |
33. | BPL Academy |
34. | Brainwave Projects 1430 cc |
35. | Business Optimization Training Institute (Pty) Ltd |
36. | BYTES PEOPLE SOLUTIONS (PTY) LTD |
37. | Cape Innovation Technology Initiative |
38. | Careers IT |
39. | CENTRE FOR EXCELLENCE & PROFESSIONAL TRAINING |
40. | Centre for Logistics Excellence (Pty) Ltd |
41. | CHILI PEPPER INFORMATION TECHNOLOGY SOLUTIONS |
42. | Circleway College |
43. | Claas Illustration |
44. | Clean Heat Academy |
45. | College Africa Group (Pty) Ltd |
46. | COLUMBUS TECHNOLOGIES PTY LTD |
47. | Comfortable Tech |
48. | Common Vision Young Specialist Trading cc |
49. | CompEd IT Training |
50. | COMPUSTEPS COLLEGE (PTY) LTD |
51. | Computer and Careers |
52. | Creative Minds Rustenburg |
53. | CSL Accountants |
54. | CYBAX SYSTEMS |
55. | CYBER-CITY IT SOLUTIONS |
56. | DB Schenker Logistics Campus MEA Pty Ltd |
57. | DC Academy (PTY)LTD |
58. | Decade Pulse (Pty) Ltd |
59. | Dee's Training (Pty) Ltd |
60. | Dee-Bravo Training Centre |
61. | Delight Computer Training |
62. | Ditlotlo Trading Enterprise |
63. | Driving Sense |
64. | DYNAMIC DNA (PTY) LTD |
65. | Dynamic Dyvention Trading and |
66. | Eagle Computer Training |
67. | Eagle High IT Training |
68. | EAST LONDON MANAGEMENT INSTITUTE |
69. | Eastern Cape Academy of Technology |
70. | ED-U Options Academy |
71. | Ekasi IT Solutions Centre |
72. | Ekurhuleni Artisans and Skills Training Centre Pty Ltd |
73. | Elangeni Training Institute |
74. | Elchees Software Solutions |
75. | Emalahleni Institute of Techno |
76. | Embroser Solutions Pty Ltd |
77. | Enter on Stilts |
78. | Epitome Villa (Pty)Ltd |
79. | Eshybrand Pty Ltd |
80. | EYETHU NATIONAL COMPUTER COLLEGE PTY LTD |
81. | Finweb Business Consultancy |
82. | Forek Institute of Technology (Pty) Ltd |
83. | Foster-Melliar (Pty) Ltd |
84. | Four Stars Communication |
85. | Fourways Private College |
86. | FSM Source of Success Youth Development |
87. | Full Output |
88. | Futurekids SA (Fochville) |
89. | GCABS |
90. | Genii Institute PTY LTD |
91. | Gert Sibande FET College |
92. | Gigimo Tourism Academy |
93. | Gijima Holdings (Pty) Ltd |
94. | Global Institute for Capacity |
95. | Global Maritime Legal Solutions Pty Ltd |
96. | Global Star Trading (Pty) Ltd |
97. | Growth Management Consulting cc |
98. | Gurandbuilt Management Development |
99. | HAVOHEJ CONSULTANCY |
100. | Hazyview Computer College |
101. | HCLS HUMAN CAPITAL LEARNING SOLUTIONS |
102. | Hectic Productions cc |
103. | HILLCROSS BUSINESS SCHOOL (PTY |
104. | Hlanganani ICT (Pty) Ltd |
105. | Home of Compassion/Grace Ministries |
106. | HUAWEI Technologies Africa (PTY) LTD |
107. | iCollege College |
108. | Ikusasa Lethu Projects and Training (Pty) Ltd |
109. | Ikusasa Technology Solutions |
110. | Ikusasalethu Youth Development |
111. | iLearn Corporate Services PTY LTD |
112. | Imbizo Training and Development Consultants Cc |
113. | Information Technology Resource Centre |
114. | Innovative Shared Services |
115. | IT Academy |
116. | IT Labs Consulting |
117. | IT-HI-Q Training (PTY) Ltd |
118. | Ithemba IT Solution |
119. | Iyam Training Services |
120. | Jeppe College of Commerce and |
121. | Jonda Learning Academy |
122. | K Boneng Consulting Services P |
123. | K Centre Business Enterprise (PTY) LTD |
124. | KDS Centre for Skills Development and Training Pty Ltd |
125. | Keep The Dream 285 |
126. | Keybase Training Solutions Cc |
127. | Kishugu Training (Pty) Ltd |
128. | KN Training Specialist |
129. | KT Mobile Services |
130. | Kundani Trading |
131. | L and P Computer Academy Pty Ltd |
132. | Labournet Learning and Development Solutions |
133. | Learnfast Training Solutions ( |
134. | Learning Exchange Pty (Ltd) |
135. | Leseding Computer Systems |
136. | LETAGO DEVELOPMENT CONSULTING |
137. | LIMPOPO COMPUTER COLLEGE BK |
138. | LINDAMAHLE MANAGEMENT SYSTEMS (PTY) LTD |
139. | Loomee Group |
140. | LYFE COMPUTER TECHNOLOGIES (PTY) LTD |
141. | Makhophila Training |
142. | Marilyn Chili Consulting |
143. | Maritime Business Institute |
144. | Masakhane Training and Consult |
145. | Mash Computer Training |
146. | MBOWA COLLEGE PTY LTD |
147. | Metanoia Ratings PTY LTD |
148. | Metro Minds |
149. | Mikyle Consulting |
150. | MMELA VILLAGE TECHNOLOGIES (PT |
151. | MND Training and Projects |
152. | Mogapi Education Group |
153. | Moripe Business Training and C |
154. | MORTERBOARD TRAINING SOLUTIONS |
155. | Motlhamme Executive Management |
156. | Moving Ahead Development Agenc |
157. | MP Avuxeni Computer Academy |
158. | Mpande Technologies cc |
159. | Mpisholo Training Solutions |
160. | Mthonyama Technologies cc |
161. | Mufuka Business and Technical |
162. | Musengavhadzimu Media |
163. | Nape Angwato Trading |
164. | Natfin Holdings Pty Ltd |
165. | NBC Technologies |
166. | Ncameni Kasizane Skills Development PTY LTD |
167. | NCC - Vereeniging |
168. | Ndulita Solutions |
169. | New Link Computer Skills |
170. | New Trend Computers cc |
171. | Nkangala Skills Centre |
172. | Nolwazi Stem Education for The |
173. | Northern Computer Training Centre |
174. | NOSA LOGISTICS PTY LTD |
175. | Ntamunde Investment |
176. | Ntandokazi Holdings Pty Ltd |
177. | NW Avuxeni Computer Academy |
178. | Nyankwavi Inverstment |
179. | Nyathela Business College |
180. | Nyelati Trading Enterprise |
181. | Olrich Home of Technology |
182. | On the Ball College Pty ltd |
183. | OPELONG BUSINESS INSTITUTE (PT |
184. | Open Learning Group |
185. | P and R Development and Training (Pty) Ltd |
186. | Paramixed Pty Ltd |
187. | Parkton College of Catering & Tourism Studies |
188. | Peo Entle HIV Wellness Management and Youth Skills Development NPO |
189. | Pioneer Business Consulting |
190. | Polokwane Technology Institute (Pty) Ltd |
191. | Pretoria Technical College |
192. | Priha Projects Pty Ltd |
193. | Progressive School of Business |
194. | Prophesy Training College (Pty) Ltd |
195. | PROSERV SA (PTY) LTD |
196. | PRX SCHOOL TEST |
197. | Quantum Leap College Pty Ltd |
198. | QUARPHIX (PTY) LTD |
199. | Ramotec Business College |
200. | Rand Training College |
201. | Reaithuta Computer Academy |
202. | Redefine Human Capital (PTY) L |
203. | Richfield Graduate Institute of Technology Pty Ltd |
204. | Robertsons Cargo Consultancy |
205. | Robertsons Cargo Consultancy (Pty) Ltd |
206. | Rostec Technical FET College (Pty) Ltd |
207. | Royal Impression Academy |
208. | SA Maritime School and Transport College |
209. | Sabile Human Resources Consult |
210. | Saiker Training (Pty) Ltd |
211. | SANDM IT TRAINING (PTY) LTD |
212. | School of Shipping |
213. | SED Computer Academy |
214. | Sesk Facilitation Development (PTY) LTD |
215. | Silulo Ulutho Technologies |
216. | Sisekelo Sustainability Institute |
217. | Siyafunda CTC |
218. | Skills Unlimited |
219. | SOUTH AFRICAN CORPORATE TRAINI |
220. | Sovereign Skills Development Institute (Pty) |
221. | Spears Business and Life Couch Consulting (Pty) Ltd |
222. | SPLS Consultants (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. | Talent Development |
229. | TBL Empowerment Hub |
230. | Tech-Com Solutions cc |
231. | Techtisa (pty) Ltd |
232. | Terrawood |
233. | Terry Computer Services cc |
234. | Thalita Koume Directions (Pty) Ltd |
235. | The Finishing College (Pty) Lt |
236. | THE SKILLS DEVELOPMENT CORPORA |
237. | Think Tank T2 (Pty) Ltd |
238. | Tinotel Communications |
239. | Titan Trade Technologies |
240. | Tlou Foundation College |
241. | TORQUE TECHNICAL COMPUTER TRAINING PTY LTD |
242. | Training Consultant and SD College |
243. | Tshiredo Training Academy |
244. | Tshwane College of Commerce an |
245. | Tsima Consulting Development S |
246. | TSP COLLEGE |
247. | TURFLOOP TRAINING SERVICES CC |
248. | Ubuhlanti Sances Trading (Pty) Ltd |
249. | Ukwazi Academy and Corporate S |
250. | Umbrella Training and Development |
251. | Umbusi Consulting Services |
252. | Urban Journey |
253. | UTHINGO BRITE SERVICES |
254. | Varsity Institute of Science & Technology (Pty)Ltd |
255. | Visionary Skill Academy |
256. | VUTHLARI MARKETING CONSULTING |
257. | Waterberg TVET College |
258. | Wellinkwise Pty Ltd |
259. | Whitestone College |
260. | WORK SKILLS RESOURCES CC |
261. | Working Solution International |
262. | Xylo Trading 12 (Pty) Ltd |
263. | YITRO INNOVATIONS |
264. | Yonet Training Academy |
265. | Youth Media Movement |
266. | ZA WIT (PTY) LTD |
267. | Zealot Business College |
268. | Zikode Development Trust |
269. | ZIPHELELE RURAL DEVELOPMENT AC |
270. | ZJ Africa Learn |
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. |