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  2021-06-30  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  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. Brightness Fashion and Design Academy cc 
26. Broadway Sky Trading 
27. Caileeteez Enterprises (Pty) Ltd 
28. CANDYS UNLIMITED COLLECTION Pty Ltd 
29. Cape Town Workbased Learning Academy 
30. Capricorn FET College - Central Office 
31. Capricorn TVET College 
32. CAROLINE'S FASHION ENTERPRISE 
33. Cebelihle (Pty) Ltd 
34. Chamonix Consulting (Pty) Ltd 
35. Changing Women 
36. Chippa Training Academy (Pty) Ltd 
37. Cre8tion Projects 6 PTY LTD 
38. CRG Group (Pty) Ltd 
39. Dieketseng Training Centre 
40. Dinaka Business Management & Consulting 
41. DITEBOGO CONSULTANCY CC 
42. Dlabane Investment Holdings (Pty) Ltd 
43. Do It Again Academy (Pty) Ltd 
44. Ebotse Development and Training Centre 
45. Eddels Shoes Pty Ltd 
46. Egsibit Training and Development 
47. Ehlanzeni TVET College 
48. Ekurhuleni Artisans & Skills Training Centre (Pty) Ltd 
49. Eldonai School of Fashion (Pty) Ltd 
50. Elimofo Trading& Projects 
51. Emfundisweni Skills Development & Resource Centre (Pty) Ltd 
52. Ergonomic Construction and Managed Disability Projects 
53. ES Training Services (Pty) Ltd 
54. Esethu Manufacturing, Packaging, Printing & Design (Pty) Ltd 
55. Eshet Chayil Concepts (Pty) Ltd 
56. Eskilz College (Pty) Ltd 
57. Ethicae Juridico Consulting (Pty) Ltd 
58. Ezandleni-Ezethu Trading (Pty) Ltd 
59. Faithworks Development Consultants (Pty) Ltd 
60. Fezile Fashion Skills Academy (Pty) Ltd 
61. Firstrand Bank - Benmore 
62. Flavious Mareka TVET College 
63. Forthwawe Business Centre 
64. Fundakahle Multi-Purpose Co-operative Limited 
65. Furniture World Training Centre 
66. Future Discovery Training Academy CC 
67. Future Dynamics Learning 
68. Futuretech Campus (Pty) Ltd 
69. G10 Projects and Designs 
70. Gauteng City College 
71. Gia Development Trades 
72. Glicam Trading Enterprise 
73. GNBR Solutions (Pty) Ltd 
74. Grandstar Projects 
75. Green Earth Training & Development (Pty) Ltd 
76. Green Enviro & Projects (Pty)Ltd 
77. Greenrim Training 
78. Gufferty Consulting 
79. HHO Enterprise 
80. HLUVUKA TRAINING AND CONSULTING 
81. Hoseah Training and Manufacturing NPC 
82. Hot To Go Training College and Services 
83. Hybrid Dynamics 
84. HYGRO TRAINING COLLEGE (Pty) LTD 
85. I Care Resource Centre 
86. IALE School of Advance Learning and Education (Pty) Ltd 
87. Ideal Method Trading & Projects 
88. Ilitha Labantu 
89. Imbeleko Community Development Projects 
90. Imbewu Development Institute (Pty) Ltd 
91. Impangela Trading 
92. Impela Trading cc 
93. In House Media Instruction 
94. In Time Industrial (Pty) Ltd 
95. Injiya Trading and Projects 
96. Inter-Coastal Business & Property Services cc 
97. INTERMASIKO CC 
98. Intselelo Community & Development Institute NPC 
99. Intsukaze Training Center 
100. Intuthuko Yesizwe Community Organisation 
101. Inyapa Vhusiku Consulting Pty Ltd 
102. Inyathi Visions 
103. IQ Skills Academy (PTY) LTD. 
104. Ithala Lezemfundo (Pty) Ltd 
105. Ithemba Lomphakathi Community Organisation 
106. Ithuteng Learning Academy & Projects (Pty) Ltd 
107. Ivulandlela (Pty) Ltd 
108. Izintombizekhethelo (Pty) Ltd 
109. Jeppe College of Commerce and Computer Studies 
110. JESUA CONSULTANTS (Hartenbos) (WA) 
111. Jesua Consultants (Pty) Ltd (MOSSEL BAY) (TP) 
112. Jumpstart Training Institute (Pty) Ltd 
113. kagisho Business Concepts (Pty) Ltd 
114. Khosi JS Designs (Pty) Ltd 
115. Kingdom Varsity College (Pty) Ltd 
116. Knoop Academy NPC 
117. Kotton Wear (Pty) Ltd 
118. Kudis Designs and Supply 
119. Kusabelele Investments 
120. KWEM Management Solutions 
121. Lembede Investment Holdings (Pty) Ltd 
122. Lesiphosethu Clothing Manufacturing & Training (Pty) Ltd 
123. Letaba TVET College 
124. LFS DESIGNS 
125. Liger Property (Pty) Ltd 
126. Lilunzo Creations 
127. Lisakhanya Skills Development Consultants (Pty) Ltd 
128. LLSM (Pty) Ltd 
129. Longata Consultant 
130. Lucky Neo (Pty) Ltd 
131. Lungile Mchunu Consultancy (Pty) Ltd 
132. Lusama Developmental Agency Projects 
133. Lwaziphezinhle (Pty) Ltd 
134. Maab Training Management ( Pty) Ltd 
135. Maboko Skill Development & Projects 
136. Majuba TVET College 
137. Makhendama Legacy (Pty) Ltd 
138. Malkai Devrani Holding (PTY) Ltd 
139. Maluti TVET College 
140. Mananthatshema Skills Dev. Centre 
141. Master Patterns by Rona 
142. Matatiele Fashion Design Academy (Pty) Ltd 
143. MATHOSIM TRIMMING AND UPHOLSTERY 
144. Mavco Engineering (Pty) Ltd 
145. Maxlen Holdings (Pty) Ltd 
146. Mberwana Trading Enterprise 
147. Mbimbini Training and Community Development 
148. Mbova Multi Services cc 
149. Melenial Media (Pty) Ltd 
150. MFISA 
151. Mgadaveni Training Projects (Pty) Ltd 
152. Mgomakati Solutions (Pty) Ltd 
153. MICROMATICA 384 (PTY) LTD 
154. Microzone Trading 747 
155. Mlasimbi Catering Primary Co-operative Limited 
156. MMBG Trading & Consulting 
157. Mnambithi TVET College 
158. Morito Diphateng Projects & Services 
159. Motheo FET College - Central Office 
160. Mphahle Consultancy (Pty) Ltd 
161. Mugazi Consultancy cc 
162. Nchuncheko Holdings (Pty) Ltd 
163. NDIMASE TRADING 
164. Ndwamato Training Solutions (Pty) Ltd 
165. Nedbank Ltd 
166. Neeruam Fashion Wear (Pty) Ltd 
167. NELLY-SGUEEJE TRADING 
168. New Business Initiative Management Consultancy 
169. Ngaphakathi Investments 
170. Ngcebo Consulting (Pty) Ltd 
171. Nguni Shades SA School of Fashion 
172. NokushoM Consultancy & Trading (Pty) Ltd 
173. Nolwazi Dev Centre (Pty) Ltd 
174. Nomzumbe Trading & Projects (Pty) Ltd 
175. Nosino Projects (Pty) Ltd 
176. Nqothu Projects (PTY) LTD 
177. NSJ Agricultural Farming And Multipurpose 
178. Nteko Investments 
179. Ntuthuko Projects & Services 
180. Nurtured Minds Trading (Pty) Ltd 
181. OTP 
182. Oyama Kulwazi Training & Consulting (Pty) Ltd 
183. P&R Development and Training (Pty) Ltd 
184. Penny Lane Fashion School (Pty) Ltd 
185. Pesac Professional Training (Pty) Ltd 
186. Phala Projects cc 
187. Phetho Concepts (Pty) Ltd 
188. Phumazeth Training Academy (Pty) Ltd 
189. Pinus Tech Technologies Trading and Projects 
190. PMV Destiny Skills Training and Development (Pty) Ltd 
191. Positive Thinking Consultants CC 
192. Practice Makes Perfect Training Centre 
193. Prempie Business Solutions (Pty) Ltd 
194. Prispiri (Pty) Ltd 
195. Qualfurn Training & Projects 
196. Rally Business Consulting PTY LTD 
197. Re Tshepeng Holdings 
198. RUBICON COMMUNICATIONS 
199. Safe Heavens Properties (Pty) Ltd 
200. Sarva Dharma Ashram 
201. Seacrest Investments 156 (Pty) Ltd 
202. Sedibeng TVET College 
203. Sefudi Business Solutions 
204. Sekhukhune FET College - Central Office 
205. Sesamkelokuhle Trading Enterprise (Pty) Ltd 
206. Setlakala Business Development 
207. Sew Africa Training Centre 
208. SEWAFRICA Marketing (Pty) Ltd 
209. SHEET PLASTIC MARKETING CC 
210. Sheet Plastic Pty Ltd 
211. Shiloh Ministries, International Faith Based Organisation 
212. Sisiziwe Training Centre Co-operative 
213. Sithethi G (Pty) Ltd 
214. Siyahumelela Training Academy 
215. Siyasanga Training Centre 
216. Skills for All (POTCHEFSTROOM) (TP) 
217. Snyawunywu Poultry Farming (Pty) Ltd 
218. Somvi Catering & General Services cc 
219. Souls 4 Life Trading (Pty) Ltd 
220. South Africa Advanced Skills Institute (Pty) Ltd 
221. South African Advanced Skills Institute 
222. SPLS Consultants (Pty) Ltd 
223. Striving Mind Trading & Projects 
224. SW Skills Wise (Pty) Ltd 
225. T Mdlatu Trading Enterprise cc 
226. Talent for Sewing 
227. TBL Empowerment Hub 
228. ThabileTrade 1054 cc 
229. THANDEKA VOCATIONAL EDUCATION TRUST (PTY) LTD 
230. The Brokers Learning Centre 
231. The Diepsloot Foundation 
232. The Finishing College (Pty) Ltd 
233. The Institute of Fashion and Garment Technology (Pty) Ltd 
234. The New Look 
235. The Tailor Shop School of Tailoring and Dress Design Training Centre (Pty) Ltd 
236. Thitha Training and Development Services 
237. Thuto Mfundo Adult Education Centre 
238. TIBZA Consulting (Pty) Ltd 
239. Tidlobi Developmental Activities NPC 
240. Tiro Training & Skill Centre (Pty) Ltd 
241. Tlhole Foundation (PTY) LTD 
242. TN Development Projects Management & Training (Pty) Ltd 
243. Trade Call Investments Apparel (Pty) LTD 
244. Trade Call Investments Apparel (Pty) Ltd (Mobeni) 
245. True Reflections Training and Development (Pty) Ltd 
246. True Ruby Trading 1021 cc 
247. TRY EASY ELECTRICAL SOLUTIONS 
248. Tshwane North College 
249. Ubuhle Bengcebo 
250. Umbuso Training Services 
251. Umfolozi FET College 
252. Umfolozi TVET College (Richards Bay) 
253. Umgungundlovu FET College - Central Office 
254. Umlozi Skills Centre (Pty) Ltd 
255. Umnotho We Afrika Foundation NPC 
256. Umunotho Wealth Management Pty Ltd 
257. Value Added Reward (Pty) Ltd 
258. Value at Hand (Pty) Ltd 
259. VCK Training and Technical Services Pty Ltd 
260. VEB CELE & Associates (Pty) Ltd 
261. Veerosh Clothing (Pty) Ltd 
262. Verge (Pty) Ltd 
263. Vhembe TVET College 
264. Vijay Bhagwan Consultancy and Solutions cc 
265. VMMK Capital Investment (Pty) Ltd 
266. VPK BUSINESS VENTURE C C 
267. Vuthlari Marketing Consulting (Pty) Ltd 
268. Warona Owethu Projects (Pty) Ltd 
269. Wattville Community Learning College 
270. Western Cape Clothing and Textiles Service Centre 
271. Wilratty Consultants (Pty) Ltd 
272. Womens Leadership & Empowerment Initiative 
273. World Pace Development & Training Institute (Pty) Ltd 
274. Xhamela Development Services 
275. Yahweh Shammah Socio-Economic Development 
276. Youth for Survival NPO 
277. ZA GEAR 
278. Zuzikhono Trading Pty Ltd 



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.