Release 

Comments 

Release 1

This version first released with ICT Information and Communications Technology Training Package Version 1.0.

ELEMENT 

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Customise software

1.1 Select accounting software to meet business requirements

1.2 Load, register and configure accounting software according to operating instructions

2. Create enterprise data

2.1 Establish chart of accounts according to business and legislative requirements

2.2 Create and add data on customers and sales

2.3 Create and add data on suppliers and purchases

2.4 Create and add payroll details

2.5 Create and add inventory details

2.6 Add required or suitable tax codes

3. Record and track transactions

3.1 Generate invoices and track their progress

3.2 Record customer payments and update customer details

3.3 Record and track purchases

3.4 Record payment of wages, allowances, taxation and superannuation

3.5 Update business data as required

4. Save and back up data

4.1 Save accounting data to disk

4.2 Make a regular backup of accounting data and store in a safe location

5. Generate reports

5.1 Reconcile accounts

5.2 Generate and print financial reports based on accounting data

5.3 Check financial reports for errors and discrepancies

5.4 Discuss errors with appropriate person and rectify as required

Skill 

Performance Criteria 

Description 

Reading

1.1, 1.2, 2.1, 5.3, 5.4

• Identifies and interprets textual and numerical financial information necessary to maintain organisational accounting records
• Interprets textual information from relevant sources to identify the most appropriate software to use, and business and legislative requirements

Oral Communication

1.1, 1.2, 2.1, 5.4

• Uses plain English, effective listening and questioning techniques and, where necessary, finance specific terminology to elicit information and discuss issues

Numeracy

2.1-2.6, 3.1-3.5, 5.1-5.4

• Interprets numerical information containing whole numbers, decimals and percentages, and applies a range of mathematical calculations to ensure organisational financial requirements are met

Navigate the world of work

2.1

• Appreciates the implications of legal and regulatory responsibilities related to own work

Get the work done

1.1, 1.2, 2.2- 2.6, 3.1-3.5, 4.1, 4.2, 5.1, 5.4

• Plans a range of routine and some non-routine tasks, accepting stated goals and aiming to achieve them efficiently
• Understands the purpose, specific functions and key features of common digital systems and tools, and operates them effectively to complete routine tasks
• Uses familiar digital systems and tools to access, organise, analyse and display information relevant to role

Code and title 

current version 

Code and title 

previous version 

Comments 

Equivalence status 

ICTICT208 Operate accounting applications

ICAICT208A Operate accounting applications

Updated to meet Standards for Training Packages

Equivalent unit

Release 

Comments 

Release 1

This version first released with ICT Information and Communications Technology Training Package Version 1.0.