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: 

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 
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   

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:
  • Explaining items of expenditure and revenue.
  • Explaining fixed and variable costs.
  • Performing invoicing operations and post amounts to the appropriate accounts.
  • Reconciling and identifying individual transactions with statements of accounts.
  • Identifying and disbursing the items on behalf of the organisation to be recovered in the invoicing process. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Learners accessing this qualification will be assumed competent in:
  • Communication at NQF Level 2 or equivalent.
  • Mathematical Literacy at NQF Level 2 or equivalent. 

  • 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 
  • An individual wishing to be assessed (including through RPL) against this unit standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA.
  • Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this unit standard or assessing this unit standard must be accredited as a provider with the relevant ETQA.
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Concepts of disbursements and revenue.
  • Principles of fixed and variable costs.
  • Processes and procedures involved in invoicing.
  • Processes and procedures involved in reconciliations.
  • An appreciation of the consequences of under recovery and disbursements. 

  • 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:
  • Participating as responsible citizens in the life of local, national and global communities in the process of invoicing and reconciling accounts. 

  • 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 
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    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 
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    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 
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    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 
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    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 ( 
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    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 
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    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 
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    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.