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  Reregistered  2023-06-30  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. AL Development Services cc 
5. Amasiko Trading Enterprise 
6. Aranda Textile Mills Pty Ltd 
7. Arden School of Management (Pty) Ltd 
8. Assured Vocational Skills Institute (Pty) Ltd 
9. Avad Projects (Pty) Ltd 
10. Ayasaphe Trading cc 
11. Bakgoni Empowerment Centre (Pty) Ltd 
12. Better beginning trading and projects pty ltd 
13. Big Tree Group (Pty) Ltd 
14. Bokamoso Competence (Pty) Ltd 
15. Bonenhle Investments 
16. Bosasa Youth Development Centres (Pty) Ltd 
17. Btech 
18. Camblish Training Institute (Pty) Ltd 
19. CANDYS UNLIMITED COLLECTION Pty Ltd 
20. Cape Business & Engineering College (Pty) Ltd 
21. Cape Town Workbased Learning Academy 
22. Capricorn TVET College 
23. Changing Women 
24. Chippa Training Academy (Pty) Ltd 
25. Circleway College 
26. CKWEI Clothing (Pty) Ltd 
27. College of Cape Town - Athlone Campus 
28. Cre8tion Projects 6 PTY LTD 
29. Cumlaude Institute (PTY) Ltd 
30. Dinaka Business Management & Consulting 
31. DITEBOGO CONSULTANCY CC 
32. Dlabane Investment Holdings (Pty) Ltd 
33. Dlamini The Siba PTY LTD 
34. Do It Again Academy (Pty) Ltd 
35. Dr M Investments 
36. Duzi-Corp 56 
37. Ebotse Development and Training Centre 
38. Ekurhuleni Artisans & Skills Training Centre (Pty) Ltd 
39. Elimofo Trading& Projects 
40. Esayidi FET College - Central Office 
41. Faithworks Development Consultants (Pty) Ltd 
42. FALSE BAY TECHNICAL VOCATIONAL EDUCATION & TRAINING COLLEGE 
43. Fezile Fashion Skills Academy (Pty) Ltd 
44. Flavious Mareka TVET College 
45. Forthwawe Business Centre 
46. Fundakahle Multi-Purpose Co-operative Limited 
47. Fundani School of Thought (pty) Ltd 
48. Furniture World Training Centre 
49. Future Discovery Training Academy CC 
50. Future Dynamics Learning 
51. Gauteng City College 
52. Gia Development Trades 
53. Glicam Trading Enterprise 
54. Grandstar Projects 
55. Green Earth Training & Development (Pty) Ltd 
56. Green Enviro & Projects (Pty)Ltd 
57. Greenrim Training 
58. HHO Enterprise 
59. HLUVUKA TRAINING AND CONSULTING 
60. Honey Cube Projects & Services (Pty) Ltd 
61. Hoseah Training and Manufacturing NPC 
62. Hot To Go Training College and Services 
63. HYGRO TRAINING COLLEGE (Pty) LTD 
64. I Care Resource Centre 
65. Ikamvelihle Youth Development (Pty) Ltd 
66. Imbewu Development Institute (Pty) Ltd 
67. Impela Trading cc 
68. In House Media Instruction 
69. In Time Industrial (Pty) Ltd 
70. Inafrica General Trading Pty LTD 
71. Inter-Coastal Business & Property Services cc 
72. INTERMASIKO CC 
73. Intsukaze Training Center 
74. Intuthuko Yesizwe Community Organisation 
75. Inyathi Visions 
76. Ithemba Lomphakathi Community Organisation 
77. Ithuteng Learning Academy & Projects (Pty) Ltd 
78. Ivulandlela (Pty) Ltd 
79. Izintombizekhethelo (Pty) Ltd 
80. Jeppe College of Commerce and Computer Studies 
81. Jumpstart Training Institute (Pty) Ltd 
82. kagisho Business Concepts (Pty) Ltd 
83. Kelmik Training Centre (Pty) Ltd 
84. Kingdom Varsity College (Pty) Ltd 
85. Kingsbury International College (SA) 
86. Knoop Academy NPC 
87. Kotton Wear (Pty) Ltd 
88. Kusabelele Investments 
89. KWEM Management Solutions 
90. La Gratitude Academy 
91. Lembede Investment Holdings (Pty) Ltd 
92. Leronsa Trading Enterprise 
93. Letaba TVET College 
94. LFS DESIGNS 
95. LLSM (Pty) Ltd 
96. Longata Consultant 
97. Lucky Neo (Pty) Ltd 
98. Lwaziphezinhle (Pty) Ltd 
99. Maab Training Management ( Pty) Ltd 
100. Maboko Skill Development & Projects 
101. Maluti TVET College 
102. Mananthatshema Skills Dev. Centre 
103. Matatiele Fashion Design Academy (Pty) Ltd 
104. Maxlen Holdings (Pty) Ltd 
105. Mberwana Trading Enterprise 
106. Mbimbini Training and Community Development 
107. Meals on Wheels Community Services - South Africa 
108. Mgadaveni Training Projects (Pty) Ltd 
109. MICROMATICA 384 (PTY) LTD 
110. Mlasimbi Catering Primary Co-operative Limited 
111. MMBG Trading & Consulting 
112. Mnambithi TVET College 
113. Modiehi Consulting & Projects (Pty) Ltd 
114. Mphahle Consultancy (Pty) Ltd 
115. Mugazi Consultancy cc 
116. Mukwevho Training and Development 
117. NDIMASE TRADING 
118. Ndwamato Training Solutions (Pty) Ltd 
119. Nedbank Ltd 
120. NELLY-SGUEEJE TRADING 
121. New Business Initiative Management Consultancy 
122. Ngaphakathi Investments 
123. Ngcebo Consulting (Pty) Ltd 
124. Nhlanzi Investments (Pty) Ltd 
125. Nolwazi Dev Centre (Pty) Ltd 
126. Nomzumbe Trading & Projects (Pty) Ltd 
127. Northlink College 
128. Nosino Projects (Pty) Ltd 
129. Nteko Investments 
130. Ntuthuko Projects & Services 
131. Nurture-Nature Resources (Pty) Ltd 
132. Nurtured Minds Trading (Pty) Ltd 
133. Optimi Workplace 
134. Optimum Capacity (Pty) Ltd 
135. OTP 
136. Oyama Kulwazi Training & Consulting (Pty) Ltd 
137. Pectosource (Pty) Ltd 
138. Penny Lane Fashion School (Pty) Ltd 
139. People Upliftments t/a POPUP Upliftment 
140. Positive Thinking Consultants CC 
141. Practice Makes Perfect Training Centre 
142. Premier Agric (Pty) Ltd 
143. Prempie Business Solutions (Pty) Ltd 
144. Prispiri (Pty) Ltd 
145. Professional Development and Training Institute (Pty) Ltd 
146. Professional Training Institute (Pty) Ltd 
147. Progressive School of Business and Engineering (Pty) 
148. Qualfurn Training & Projects 
149. Rally Business Consulting PTY LTD 
150. Re Tshepeng Holdings 
151. Redefined Skills Training & Development (Pty) Ltd 
152. RI A LINDA SECURITY SOLUTIONS 
153. RUBICON COMMUNICATIONS 
154. Seacrest Investments 156 (Pty) Ltd 
155. Sedibeng TVET College 
156. Sekhukhune FET College - Central Office 
157. SEOPOSENGOE TRAINING CONSULTANCY CC 
158. Setlakala Business Development 
159. Sew Africa Training Centre 
160. Sibonguthando Projects And Services Cc 
161. Silalele Consultants (Pty) Ltd 
162. Silungokuhle (Pty) Ltd 
163. Sinovuyolethu Trading (Pty) Ltd 
164. Siyasanga Training Centre 
165. Souls 4 Life Trading (Pty) Ltd 
166. South African Advanced Skills Institute 
167. SOUTH AFRICAN FASHION DESIGNER AGENCY 
168. South Cape Public FET College - George Campus 
169. South West Gauteng Tvet College 
170. T Mdlatu Trading Enterprise cc 
171. Talent for Sewing 
172. TBL Empowerment Hub 
173. Tebkhan Investments (Pty) Ltd 
174. Tembe Service Providers 
175. ThabileTrade 1054 cc 
176. The Brokers Learning Centre 
177. The Finishing College (Pty) Ltd 
178. The Institute of Fashion and Garment Technology (Pty) Ltd 
179. Thitha Training and Development Services 
180. Thuto Skills Development 
181. Tlhole Foundation (PTY) LTD 
182. Trade Call Investments Apparel (Pty) LTD 
183. Trade Call Investments Apparel (Pty) Ltd (Mobeni) 
184. True Ruby Trading 1021 cc 
185. Try Easy Electrical Solutions 
186. Tshwane North College 
187. U AND G TRAINING (PTY) LTD 
188. Ubucubu Home Industries 
189. Ubuhle Bengcebo 
190. Udumo Services & Projects 
191. Umfolozi TVET College (Richards Bay) 
192. Umlozi Skills Centre (Pty) Ltd 
193. Umnotho We Afrika Foundation NPC 
194. Umunotho Wealth Management Pty Ltd 
195. Uyabusisa Arts and Development Pty Ltd 
196. Valotech 274 (Pty) Ltd 
197. Value at Hand (Pty) Ltd 
198. VEB CELE & Associates (Pty) Ltd 
199. Verge (Pty) Ltd 
200. Vhembe TVET College 
201. Vijay Bhagwan Consultancy and Solutions cc 
202. VINE APPAREL (PTY)LTD 
203. Visionary Skill Academy 
204. VPK BUSINESS VENTURE C C 
205. Vuliqgondo Research & Manufacturing Centre 
206. Vuthlari Marketing Consulting (Pty) Ltd 
207. Warona Owethu Projects (Pty) Ltd 
208. Wattville Community Learning College 
209. Western Cape Clothing and Textiles Service Centre 
210. Wilratty Consultants (Pty) Ltd 
211. Womens Leadership & Empowerment Initiative 
212. World Pace Development & Training Institute (Pty) Ltd 
213. World Pace Development and Training Institute 
214. Yahweh Shammah Socio-Economic Development 



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.