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:

Process banking transaction record reports

SAQA US ID	UNIT STANDARD TITLE
7112	Process banking transaction record reports
ORIGINATOR
SGB Financial Services
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-
FIELD			SUBFIELD
Field 03 - Business, Commerce and Management Studies			Finance, Economics and Accounting
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"		2003-12-03	2004-08-11	SAQA 1351/03
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2005-08-11		2008-08-11

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
114772	Process banking transaction record reports	Level 3	NQF Level 03	6

PURPOSE OF THE UNIT STANDARD

Persons credited with this unit standard will be able to identify the items that need to be checked, scrutinise the accuracy of capturing and resolve any discrepancies.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

Open

UNIT STANDARD OUTCOME HEADER

Identify items that need to be checked.

Specific Outcomes and Assessment Criteria:

SPECIFIC OUTCOME 1

Identify items that need to be checked.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Transactions appearing on the transaction record report and needing to be checked, are identified according to the bank's guidelines.

ASSESSMENT CRITERION RANGE

Including but not limited to amounts of transactions, transactions to certain accounts.

ASSESSMENT CRITERION 2

2. The presence of all necessary vouchers is checked according to the bank's procedures.

ASSESSMENT CRITERION 3

3. Vouchers are sorted in accordance with the bank's procedures.

ASSESSMENT CRITERION RANGE

Including but not limited to amounts, date, debits and credits.

SPECIFIC OUTCOME 2

Scrutinise the accuracy of capturing.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The selected vouchers are ticked off as required by the bank's procedures.

ASSESSMENT CRITERION RANGE

Including but not limited to account number, name, acount, serial numbers, VAT codes, special capturing references, number of vouchers.

ASSESSMENT CRITERION 2

2. Discrepancies are identified and the errors are annotated as required by the bank.

ASSESSMENT CRITERION 3

3. System generated entries are validated in accordance with the bank's procedures.

SPECIFIC OUTCOME 3

Resolve discrepancies.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. Discrepancies are investigated according to the bank's procedures.

ASSESSMENT CRITERION 2

2. Corrective measures are determined according to the discrepancy identified and as required by the bank.

ASSESSMENT CRITERION 3

3. Reports with corrective instructions are annotated as required by the bank.

ASSESSMENT CRITERION 4

4. The transaction record report and vouchers are returned to the relevant department as required by the bank's procedures.

ASSESSMENT CRITERION 5

5. The corrective action taken is checked for compliance with the bank's requirements.

SPECIFIC OUTCOME 4

Sign off the report.

ASSESSMENT CRITERIA

ASSESSMENT CRITERION 1

1. The presence of the vouchers is recorded as required by the bank.

ASSESSMENT CRITERION 2

2. All necessary documentation is attached as required by the bank.

ASSESSMENT CRITERION 3

3. The report and vouchers are passed on for further scrutiny in accordance with the bank's procedures.

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 or assessing this unit standard must be accredited as a provider with the relevant ETQA.

3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures.

Therefore anyone wishing to be assessed against this unit standard may apply to be assessed by any assessment agency, assessor or provider institution which is accredited by the relevant ETQA.

UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE

an understanding of all relevant banking policies and procedures.

an understanding of the workflow.

operating and computer systems knowledge sufficient to locate the necessary information and complete the task.

an understanding of operational risk.

relevant security precautions.

Critical Cross-field Outcomes (CCFO):

UNIT STANDARD CCFO IDENTIFYING

To identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made when discrepancies are identified and the errors are annotated as required by the bank.

UNIT STANDARD CCFO WORKING

To work effectively with others as a member of a team, group, organisation and community when the transaction record report and vouchers are returned to the relevant department as required by the bank's procedures.

UNIT STANDARD CCFO COLLECTING

To collect, organise and critically evaluate information when corrective measures are determined according to the discrepancy identified and as required by the bank.

UNIT STANDARD CCFO SCIENCE

To use science and technology effectively and critically (showing responsibility towards the environment and health of others) when system generated entries are validated in accordance with the bank's procedures.

UNIT STANDARD CCFO DEMONSTRATING

To demonstrate an understanding of the world as a set of related systems when the report and vouchers are passed on for further scrutiny in accordance with the bank's procedures.

UNIT STANDARD NOTES

This unit standard has been replaced by unit standard 114772, which is "Process banking transaction record reports", 6 credits, NQF Level 3 , as from 11 August 2004.

Legal Requirements:

All procedures must meet recognised codes of practice as well as obligations required under current legislation within South Africa and within the normal parameters of the defined job/task.

QUALIFICATIONS UTILISING THIS UNIT STANDARD:

	ID	QUALIFICATION TITLE	PRE-2009 NQF LEVEL	NQF LEVEL	STATUS	END DATE	PRIMARY OR DELEGATED QA FUNCTIONARY
Elective	20184	National Certificate: Banking	Level 3	NQF Level 03	Passed the End Date - Status was "Reregistered"	2023-06-30	BANKSETA

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.	Fachs Business Consulting and Training
2.	Octomate Education Pty Ltd
3.	SIGNA ACADEMY (PTY) LTD
4.	Standard Bank Personal and Business Banking
5.	Trainers Without Borders