Perform retail finance duties

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver SIRXFIN002A, 'Perform retail finance duties'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Perform retail finance duties' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria




Process petty cash transactions.


Check petty cash claims for approval, accuracy and authenticity before processing.


Check and balance transactions according to store policy and procedures.


Note irregularities and refer to relevant personnel for resolution.


Process and record petty cash transactions within designated time limits.


Prepare banking documents.


Balance cashbook entries against record of takings.


Compile and balance deposit entries.


List cash and non-cash transactions on banking deposit forms according to the banking institution's guidelines.


Process in-store credit systems according to store policy.


Process non-cash transactions.


Balance non-cash transactions and present documentation to relevant personnel for checking.


Note irregularities and refer to relevant personnel for resolution.


Reconcile invoices for payment to creditors.


Identify discrepancies between invoices and delivery notes and report to relevant personnel or section for resolution.


Identify errors in invoice charges and report to relevant personnel or section for correction or resolution.


Rectify discrepancies and errors as directed.


Process corrected and authorised invoices for payment within designated time limits.


Resolve creditor enquiries or refer to relevant personnel or section for resolution.


Prepare invoices for debtors.


Perform preparatory calculations to produce accurate customer invoices.


Complete relevant documentation to ensure accuracy of contents.


Distribute documents to relevant personnel or section for certification prior to being dispatched.


Dispatch verified documents within designated time limits.


Copy and file documents for auditing purposes.

Qualifications and Skillsets

SIRXFIN002A appears in the following qualifications:

  • FPI20605 - Certificate II in Timber Merchandising
  • AHC20410 - Certificate II in Horticulture
  • AHC21110 - Certificate II in Irrigation
  • FDF20110 - Certificate II in Food Processing
  • FDF20510 - Certificate II in Retail Baking Assistance
  • FDF20210 - Certificate II in Pharmaceutical Manufacturing
  • FDF20310 - Certificate II in Food Processing (Sales)
  • SIR20207 - Certificate II in Retail
  • SIR30107 - Certificate III in Community Pharmacy
  • SIR40107 - Certificate IV in Community Pharmacy
  • FDF20211 - Certificate II in Pharmaceutical Manufacturing
  • FDF20111 - Certificate II in Food Processing
  • FDF20911 - Certificate II in Food Processing (Sales)
  • FPI20611 - Certificate II in Timber Merchandising
  • SIR20212 - Certificate II in Retail Services
  • SFL40115 - Certificate IV in Floristry
  • FWP20616 - Certificate II in Timber Merchandising
  • AHC20416 - Certificate II in Horticulture