PURPOSE

The purpose of this qualification is to provide a learner with an informed understanding of bookkeeping to operate as a bookkeeper. A qualified learner will be able to:

• Use standard computer software packages to perform accounting and related calculations to verify the accuracy of documents and records relating to payments, receipts and other financial transactions.
• Maintain and update filing of financial records either manually or using electronic devices.
• Apply fundamental financial techniques to perform bookkeeping duties.
• Communicate effectively using appropriate methods to maintain effective customer relationships according to organisational standards.
• Calculate, compile and complete relevant South African Revenue Service Returns in relation to payroll in an organisation.
• Apply knowledge of bookkeeping principles and practices in order to identify and solve problems arising in the course of day-to-day work.

ENTRY REQUIREMENTS

NQF Level 4 with Mathematics.

COURSE CONTENT

This qualification consists of Compulsory Knowledge, Practical Skill, and Work Experience Modules totalling 364 modules:

Year 1 – Knowledge & Practical Modules

331301000-KM-01: Accounting Information Systems

331301000-PM-01: Accounting systems

331301000-KM-02: Bookkeeping practice

331301000-PM-02: Filing Financial Records

331301000-KM-03: Financial Accounting

331301000-PM-03: Financial techniques in Bookkeeping

331301000-PM-05: Bookkeeping principles and practices

Year 2 – Knowledge & Practical Modules

331301000-KM-04: Basic Principles of Cost and Management Accounting

331301000-KM-05: Basic Taxation

331301000-KM-06: Principles of Taxation

331301000-KM-07: End User Computing

331301000-KM-08: Business Communication and Customer Services

331301000-PM-04: Communication and Customer service

331301000-KM-09: Ready for Work Standards

331301000-PM-06: Professional and ethical standards

331301000-KM-10: Basic Business Calculations

331301000-KM-11: Introductory Project Management

Work Experience

331301000-WM-01: Record and calculate financial transactions using an accounting information system

331301000-WM-02: Develop and use spreadsheets to perform financial calculations

331301000-WM-03: Prepare basic statutory returns for tax compliance purposes

331301000-WM-04: Record inventory and assets

331301000-WM-05: Process payroll transactions using computerised software

331301000-WM-06: Support administrative processes given in financial unit

331301000-WM-07: Handle customer and clients queries and liaison in relation to financial matters

331301000-WM-08: Apply correct and timely processes to all financial supportive tasks for the unit

331301000-WM-09: Assist with the calculation of the cost of a product or service for purchasing/manufacturing purposes

331301000-WM-10: Assist with preparing operational budget

331301000-WM-11: Preparation of financial reports

331301000-WM-12: Audit packs prepared under supervision according to internal control procedures

EXIT LEVEL OUTCOMES

1. Use a recognised accounting system to record accounting and related calculations to validate the legitimacy and accuracy of documents and records relating to payments, receipts and other financial transactions.
2. Maintain and update filing of financial records either manually or using electronic devices.
3. Communicate effectively using appropriate methods to maintain effective customer relationships according to organisational standards.
4. Calculate, compile and complete relevant Value Added Tax (VAT) and South African Revenue Service (SARS) Returns in relation to statutory regulations.
5. Apply fundamental financial techniques to perform bookkeeping duties.
6. Apply knowledge of bookkeeping principles and practices to identify and solve problems arising in the course of their work.

MODULES

The modules included in the qualification are as the following:

• Managerial and financial accounting.
• Payroll accounting.
• Tax reporting.
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• Accounting computer applications.
• Generally Accepted Accounting Principles (GAAP).
• Balance sheet.

CAREER OPPORTUNITIES

Graduates may work in accounting operations of all sizes at banks, accounting firms, corporations, manufacturing companies and government agencies.

Specific careers may include the following:

• Accounting assistant / Technician
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• Payroll clerk.
• Accounts payable or receivable clerk.
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• Finance Team Leader
• Account Manager
• Financial Controller