- AURS241608A - Carry out cash and/or credit/funds transfer transactions
Assessor Resource
AURS241608A
Carry out cash and/or credit/funds transfer transactions
Assessment tool
Version 1.0
Issue Date: April 2024
This unit of competence applies to the following and should be contextualised to the qualification it is being applied:
retail, service and repair administration/sales finance - cash and non-cash transactions.
This unit of competency covers the competence required to undertake cash, cheque, credit/funds transfer card transactions. It also includes preparation and dispatch of debtor invoices.
You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)
Employability Skills
This unit contains employability skills.
Evidence Required
List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.
The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package. | |
Overview of assessment | |
Critical aspects for assessment and evidence required to demonstrate competency in this unit | It is essential that competence in this unit signifies ability to transfer competence to changing circumstances and to respond to unusual circumstances in the critical aspects of: conducting cash and non-cash transactions preparation of invoices interpreting and communicating operational information safe work practices operation of office/sales equipment communicating effectively with others involved in or affected by the work. |
Context of, and specific resources for assessment | Underpinning knowledge and skills may be assessed on or off the job The following are required: cash and non-cash transaction equipment computer software/hardware, calculator, office equipment, enterprise stationery, safes, cash register, EFTPOS systems, credit card systems, stock scanning/ pricing equipment, postage equipment a qualified workplace assessor. |
Method of assessment | Assessment of practical skills must take place only after a period of supervised practice and repetitive experience. If workplace conditions are not available assessment in simulated workplace conditions is acceptable Prescribed outcome must be able to be achieved without direct supervision Practical assessments: recognise denominations of Australian currency notes and coinage access and apply cash/credit systems receive cash, perform calculations and give correct change use equipment handle cash correctly use security systems (where applicable) prepare and dispatch invoices Competence in this unit may be assessed in conjunction with other functional units which together form part of the holistic work role. |
Guidance information for assessment | |
Submission Requirements
List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here
Assessment task 1: [title] Due date:
(add new lines for each of the assessment tasks)
Assessment Tasks
Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.
Required skills |
collect, organise and understand information related to collation of cheques for processing communicate ideas and information on irregularities in cash balancing to appropriate persons plan and organise activities for the development of invoices work with others and in a team with office persons to develop invoices use mathematical ideas and techniques to count cash establish diagnostic processes which re-count cash and credit transactions to balance books use workplace technology related to record sales |
Required knowledge |
money handling security methods personal safety requirements applicable legislation GST information equipment safety requirements enterprise transaction policies cash/credit/funds transfer systems |
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included. | |
Methods | Methods include: conducting sales transactions using cash and non-cash procedures telephone, fax, written communication, verbal preparation of debtor invoices Specific requirements may include: literacy/numeracy |
Occupational health and safety (OHS) requirements | OHS requirements may include: state/territory/industry OHS requirements Work is carried out in accordance with award provisions |
Resources | Resources may include: cash and non-cash transaction equipment invoice dispatching system computer software/hardware, calculators, office equipment, enterprise stationery, safes, cash register, EFTPOS systems, credit card systems, stock scanning/ pricing equipment, postage equipment |
Information/documents | Sources of information/documents may include: enterprise operating procedures job cards product manufacturer/component supplier specifications company stationery customer requirements industry/workplace codes of practice |
Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.
Observation Checklist
| Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice | Yes | No | Comments/feedback |
|---|---|---|---|
| Cash is received and counted | |||
| Correct balance is determined, taking price, invoices, discounts, etc. into account, and correct change is given | |||
| Irregularities are noted and referred to appropriate persons for resolution | |||
| Cash is stored according to enterprise policies and procedures | |||
| Receipts are issued and transaction documented according to enterprise policies and procedures | |||
| Correct documentation and equipment for particular credit/funds transfer card is identified and accessed | |||
| Credit/funds transfer card recording device is identified and accessed | |||
| Recording device is operated according to provider procedures and taking into account enterprise credit limits | |||
| Irregularities are noted and referred to appropriate persons for resolution | |||
| Receipts are issued and transaction documented according to enterprise policies and procedures | |||
| Cheques are received and examined for correctness (amount, dates and signature) | |||
| Irregularities are noted and referred to appropriate persons for resolution | |||
| Cheques are stored according to enterprise policies and procedures | |||
| Receipts are issued and transaction documented according to enterprise policies and procedures | |||
| Calculations are performed to produce accurate customer invoices | |||
| Documentation is completed to ensure accuracy of content | |||
| Invoices are distributed to appropriate persons/section for certification prior to being dispatched | |||
| Verified invoices are dispatched within designated time limits | |||
| Invoices are copied and filed for auditing purposes according to enterprise policies and procedures |
Forms
Assessment Cover Sheet
AURS241608A - Carry out cash and/or credit/funds transfer transactions
Assessment task 1: [title]
Student name:
Student ID:
I declare that the assessment tasks submitted for this unit are my own work.
Student signature:
Result: Competent Not yet competent
Feedback to student
Assessor name:
Signature:
Date:
Assessment Record Sheet
AURS241608A - Carry out cash and/or credit/funds transfer transactions
Student name:
Student ID:
Assessment task 1: [title] Result: Competent Not yet competent
(add lines for each task)
Feedback to student:
Overall assessment result: Competent Not yet competent
Assessor name:
Signature:
Date:
Student signature:
Date: