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  2021-06-30  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. African Dream Campus 
2. African Duchess Coutore solutions (Pty) Ltd 
3. AGB Finance 
4. AL Development Services cc 
5. Al-fidaa Foundation 
6. Aldabri 106 (Pty) Ltd 
7. Amagema Development Consultants cc 
8. Amos / Kgaphamadi Community Organisation 
9. Apparel Component Manufacturers Pty Ltd 
10. Aranda Learnership College (Pty) Ltd 
11. Aranda Textile Mills Pty Ltd 
12. Asilon Trading Enterprise 
13. Assured Vocational Skills Institute (Pty) Ltd 
14. Avad Projects (Pty) Ltd 
15. Babina Tlou Trading and Projects 001 
16. Bakgoni Empowerment Centre (Pty) Ltd 
17. Beaches Clothing Cc 
18. Becoz Empire Multi-Choice and Trading Primary Co-operative Limited 
19. Better beginning trading and projects pty ltd 
20. Big Tree Group (Pty) Ltd 
21. Bokamoso Competence (Pty) Ltd 
22. Bonenhle Investments 
23. Bosasa Youth Development Centres (Pty) Ltd 
24. Bright Future General Trading and Projects (Pty) Ltd 
25. Broadway Sky Trading 
26. CANDYS UNLIMITED COLLECTION Pty Ltd 
27. Cape Town Workbased Learning Academy 
28. Capricorn FET College - Central Office 
29. Capricorn TVET College 
30. Chamonix Consulting (Pty) Ltd 
31. Changing Women 
32. Chippa Training Academy (Pty) Ltd 
33. Cre8tion Projects 6 PTY LTD 
34. CRG Group (Pty) Ltd 
35. Dieketseng Training Centre 
36. Dinaka Business Management & Consulting 
37. DITEBOGO CONSULTANCY CC 
38. Dlabane Investment Holdings (Pty) Ltd 
39. Ebotse Development and Training Centre 
40. Eddels Shoes Pty Ltd 
41. Egsibit Training and Development 
42. Ehlanzeni TVET College 
43. Ekurhuleni Artisans & Skills Training Centre (Pty) Ltd 
44. Elimofo Trading& Projects 
45. Emfundisweni Skills Development & Resource Centre (Pty) Ltd 
46. Ergonomic Construction and Managed Disability Projects 
47. ES Training Services (Pty) Ltd 
48. Esethu Manufacturing, Packaging, Printing & Design (Pty) Ltd 
49. Eshet Chayil Concepts (Pty) Ltd 
50. Eskilz College (Pty) Ltd 
51. Ethicae Juridico Consulting (Pty) Ltd 
52. Ezandleni-Ezethu Trading (Pty) Ltd 
53. Faithworks Development Consultants (Pty) Ltd 
54. Fezile Fashion Skills Academy (Pty) Ltd 
55. Firstrand Bank - Benmore 
56. Flavious Mareka TVET College 
57. Forthwawe Business Centre 
58. Fundakahle Multi-Purpose Co-operative Limited 
59. Furniture World Training Centre 
60. Future Discovery Training Academy CC 
61. Future Dynamics Learning 
62. Futuretech Campus (Pty) Ltd 
63. Gauteng City College 
64. Gia Development Trades 
65. Glicam Trading Enterprise 
66. GNBR Solutions (Pty) Ltd 
67. Grandstar Projects 
68. Green Earth Training & Development (Pty) Ltd 
69. Green Enviro & Projects (Pty)Ltd 
70. Greenrim Training 
71. Gufferty Consulting 
72. HHO Enterprise 
73. Hoseah Training and Manufacturing NPC 
74. Hot To Go Training College and Services 
75. Hybrid Dynamics 
76. HYGRO TRAINING COLLEGE (Pty) LTD 
77. I Care Resource Centre 
78. IALE School of Advance Learning and Education (Pty) Ltd 
79. Ideal Method Trading & Projects 
80. Ilitha Labantu 
81. Imbewu Development Institute (Pty) Ltd 
82. Impangela Trading 
83. Impela Trading cc 
84. In House Media Instruction 
85. In Time Industrial (Pty) Ltd 
86. Injiya Trading and Projects 
87. Inter-Coastal Business & Property Services cc 
88. INTERMASIKO CC 
89. Intselelo Community & Development Institute NPC 
90. Intsukaze Training Center 
91. Intuthuko Yesizwe Community Organisation 
92. Inyapa Vhusiku Consulting Pty Ltd 
93. Inyathi Visions 
94. IQ Skills Academy (PTY) LTD. 
95. Ithala Lezemfundo (Pty) Ltd 
96. Ithemba Lomphakathi Community Organisation 
97. Ithuteng Learning Academy & Projects (Pty) Ltd 
98. Ivulandlela (Pty) Ltd 
99. Izintombizekhethelo (Pty) Ltd 
100. Jeppe College of Commerce and Computer Studies 
101. JESUA CONSULTANTS (Hartenbos) (WA) 
102. Jesua Consultants (Pty) Ltd (MOSSEL BAY) (TP) 
103. Jumpstart Training Institute (Pty) Ltd 
104. kagisho Business Concepts (Pty) Ltd 
105. Khosi JS Designs (Pty) Ltd 
106. Kingdom Varsity College (Pty) Ltd 
107. Knoop Academy NPC 
108. Kotton Wear (Pty) Ltd 
109. Kudis Designs and Supply 
110. Kusabelele Investments 
111. KWEM Management Solutions 
112. Lembede Investment Holdings (Pty) Ltd 
113. Letaba TVET College 
114. LFS DESIGNS 
115. Lilunzo Creations 
116. Lisakhanya Skills Development Consultants (Pty) Ltd 
117. LLSM (Pty) Ltd 
118. Longata Consultant 
119. Lucky Neo (Pty) Ltd 
120. Lungile Mchunu Consultancy (Pty) Ltd 
121. Lusama Developmental Agency Projects 
122. Lwaziphezinhle (Pty) Ltd 
123. Maab Training Management ( Pty) Ltd 
124. Maboko Skill Development & Projects 
125. Majuba TVET College 
126. Malkai Devrani Holding (PTY) Ltd 
127. Maluti TVET College 
128. Mananthatshema Skills Dev. Centre 
129. Master Patterns by Rona 
130. Matatiele Fashion Design Academy (Pty) Ltd 
131. MATHOSIM TRIMMING AND UPHOLSTERY 
132. Mavco Engineering (Pty) Ltd 
133. Maxlen Holdings (Pty) Ltd 
134. Mberwana Trading Enterprise 
135. Mbimbini Training and Community Development 
136. Mbova Multi Services cc 
137. Melenial Media (Pty) Ltd 
138. MFISA 
139. Mgadaveni Training Projects (Pty) Ltd 
140. Mgomakati Solutions (Pty) Ltd 
141. MICROMATICA 384 (PTY) LTD 
142. Microzone Trading 747 
143. Mlasimbi Catering Primary Co-operative Limited 
144. MMBG Trading & Consulting 
145. Mnambithi TVET College 
146. Morito Diphateng Projects & Services 
147. Motheo FET College - Central Office 
148. Mphahle Consultancy (Pty) Ltd 
149. Mugazi Consultancy cc 
150. Nchuncheko Holdings (Pty) Ltd 
151. NDIMASE TRADING 
152. Ndwamato Training Solutions (Pty) Ltd 
153. Nedbank Ltd 
154. NELLY-SGUEEJE TRADING 
155. New Business Initiative Management Consultancy 
156. Ngaphakathi Investments 
157. Ngcebo Consulting (Pty) Ltd 
158. Nguni Shades SA School of Fashion 
159. NokushoM Consultancy & Trading (Pty) Ltd 
160. Nolwazi Dev Centre (Pty) Ltd 
161. Nomzumbe Trading & Projects (Pty) Ltd 
162. Nosino Projects (Pty) Ltd 
163. Nqothu Projects (PTY) LTD 
164. NSJ Agricultural Farming And Multipurpose 
165. Nteko Investments 
166. Ntuthuko Projects & Services 
167. Nurtured Minds Trading (Pty) Ltd 
168. OTP 
169. Oyama Kulwazi Training & Consulting (Pty) Ltd 
170. P&R Development and Training (Pty) Ltd 
171. Penny Lane Fashion School (Pty) Ltd 
172. Pesac Professional Training (Pty) Ltd 
173. Phala Projects cc 
174. Phetho Concepts (Pty) Ltd 
175. Phumazeth Training Academy (Pty) Ltd 
176. Pinus Tech Technologies Trading and Projects 
177. PMV Destiny Skills Training and Development (Pty) Ltd 
178. Positive Thinking Consultants CC 
179. Practice Makes Perfect Training Centre 
180. Prempie Business Solutions (Pty) Ltd 
181. Prispiri (Pty) Ltd 
182. Qualfurn Training & Projects 
183. Rally Business Consulting PTY LTD 
184. Re Tshepeng Holdings 
185. RUBICON COMMUNICATIONS 
186. Safe Heavens Properties (Pty) Ltd 
187. Sarva Dharma Ashram 
188. Seacrest Investments 156 (Pty) Ltd 
189. Sedibeng TVET College 
190. Sefudi Business Solutions 
191. Sekhukhune FET College - Central Office 
192. Sesamkelokuhle Trading Enterprise (Pty) Ltd 
193. Setlakala Business Development 
194. Sew Africa Training Centre 
195. SEWAFRICA Marketing (Pty) Ltd 
196. SHEET PLASTIC MARKETING CC 
197. Sheet Plastic Pty Ltd 
198. Shiloh Ministries, International Faith Based Organisation 
199. Sisiziwe Training Centre Co-operative 
200. Siyahumelela Training Academy 
201. Siyasanga Training Centre 
202. Skills for All (POTCHEFSTROOM) (TP) 
203. Snyawunywu Poultry Farming (Pty) Ltd 
204. Somvi Catering & General Services cc 
205. Souls 4 Life Trading (Pty) Ltd 
206. South Africa Advanced Skills Institute (Pty) Ltd 
207. South African Advanced Skills Institute 
208. SPLS Consultants (Pty) Ltd 
209. SW Skills Wise (Pty) Ltd 
210. T Mdlatu Trading Enterprise cc 
211. Talent for Sewing 
212. TBL Empowerment Hub 
213. ThabileTrade 1054 cc 
214. THANDEKA VOCATIONAL EDUCATION TRUST (PTY) LTD 
215. The Brokers Learning Centre 
216. The Diepsloot Foundation 
217. The Finishing College (Pty) Ltd 
218. The Institute of Fashion and Garment Technology (Pty) Ltd 
219. The New Look 
220. The Tailor Shop School of Tailoring and Dress Design Training Centre (Pty) Ltd 
221. Thitha Training and Development Services 
222. Thuto Mfundo Adult Education Centre 
223. TIBZA Consulting (Pty) Ltd 
224. Tidlobi Developmental Activities NPC 
225. Tiro Training & Skill Centre (Pty) Ltd 
226. Tlhole Foundation (PTY) LTD 
227. Trade Call Investments Apparel (Pty) LTD 
228. Trade Call Investments Apparel (Pty) Ltd (Mobeni) 
229. True Reflections Training and Development (Pty) Ltd 
230. True Ruby Trading 1021 cc 
231. TRY EASY ELECTRICAL SOLUTIONS 
232. Tshwane North College 
233. Ubuhle Bengcebo 
234. Umbuso Training Services 
235. Umfolozi FET College 
236. Umfolozi TVET College (Richards Bay) 
237. Umgungundlovu FET College - Central Office 
238. Umlozi Skills Centre (Pty) Ltd 
239. Umnotho We Afrika Foundation NPC 
240. Umunotho Wealth Management Pty Ltd 
241. Value Added Reward (Pty) Ltd 
242. Value at Hand (Pty) Ltd 
243. VCK Training and Technical Services Pty Ltd 
244. VEB CELE & Associates (Pty) Ltd 
245. Verge (Pty) Ltd 
246. Vhembe TVET College 
247. Vijay Bhagwan Consultancy and Solutions cc 
248. VMMK Capital Investment (Pty) Ltd 
249. VPK BUSINESS VENTURE C C 
250. Vuthlari Marketing Consulting (Pty) Ltd 
251. Warona Owethu Projects (Pty) Ltd 
252. Wattville Community Learning College 
253. Western Cape Clothing and Textiles Service Centre 
254. Wilratty Consultants (Pty) Ltd 
255. Womens Leadership & Empowerment Initiative 
256. World Pace Development & Training Institute (Pty) Ltd 
257. Xhamela Development Services 
258. Yahweh Shammah Socio-Economic Development 
259. Youth for Survival NPO 
260. 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.