Modification History
Not Applicable
Unit Descriptor
Unit Descriptor |
This unit involves the skills and knowledge required to maintain petty cash account customers in accordance with workplace requirements, including preparing petty cash documentation and conducting cash transactions. Licensing, legislative, regulatory or certification requirements are applicable to this unit. |
Application of the Unit
Application of the Unit |
Work must be carried out in compliance with the relevant regulations and workplace requirements concerning the maintenance of petty cash accounts. Work is performed under some supervision generally within a team environment. It involves the application of workplace procedures and regulatory requirements to the maintenance of petty cash accounts as part of work activities in the transport, distribution and/or allied industries. |
Licensing/Regulatory Information
Refer to Unit Descriptor
Pre-Requisites
Not Applicable
Employability Skills Information
Employability Skills |
This unit contains employability skills. |
Elements and Performance Criteria Pre-Content
Elements describe the essential outcomes of a unit of competency. |
Performance criteria describe the required performance needed to demonstrate achievement of the element. Assessment of performance is to be consistent with the evidence guide. |
Elements and Performance Criteria
ELEMENT |
PERFORMANCE CRITERIA |
1 Prepare petty cash documentation |
1.1 Requests for petty cash advances are validated and required vouchers are prepared 1.2 Petty cash claims are validated and attached receipts are checked 1.3 Claim documentation is prepared and checked for accuracy before processing 1.4 Claims and vouchers are presented to nominated person/section for checking and approval appropriate to workplace limits 1.5 Irregularities are noted and referred to nominated person/section for resolution 1.6 Details of claims and vouchers are recorded to enable tracing and balancing of cash holding |
2 Conduct cash transactions |
2.1 Petty cash is provided against claims and vouchers from cash holding 2.2 Petty cash returns are secured and return receipts are provided 2.3 Petty cash returns are documented to enable tracing and balancing of cash holding 2.4 Documented transactions are reconciled against cash held 2.5 Cash is drawn using workplace procedures to maintain a balance appropriate to normal transaction levels 2.6 Cash is secured in accordance with workplace security requirements |
Required Skills and Knowledge
REQUIRED KNOWLEDGE AND SKILLS |
This describes the essential knowledge and skills and their level required for this unit. |
Required knowledge : |
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Required skills : |
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Evidence Guide
EVIDENCE GUIDE |
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The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required knowledge and skills, the range statement and the assessment guidelines for this Training Package. |
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Critical aspects for assessment and evidence required to demonstrate competency in this unit |
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Context of and specific resources for assessment |
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Method of assessment |
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Range Statement
RANGE STATEMENT |
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The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. |
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Work may be conducted: |
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Customers may be: |
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Workplaces may comprise: |
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Equipment may include: |
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Recording mechanisms/systems may be: |
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Business source documents may include, but are not exclusive to: |
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Hazards in the work area may include exposure to: |
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Consultative processes may involve: |
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Communication in the work area may include: |
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Depending on the type of organisation concerned and the local terminology used, workplace procedures may include: |
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Personal protective equipment may include: |
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Information/documents may include: |
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Applicable regulations and legislation may include: |
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Unit Sector(s)
Not Applicable
Competency Field
Competency Field |
P - Administration and Finance |