Overview

Framework:
RQF
Level:
Level 3
Unit No:
L/502/4403
Credits:
5
Guided learning hours:
35 hours

Unit Learning Outcomes

1

Access, enter and edit accounting information

Assessment Criteria

  • 1.1
    Set up procedures for entry of accounting data accurately into records to meet requirements
  • 1.2
    Explain how to code new entries
  • 1.3
    Locate and display accounting data records to meet requirements
  • 1.4
    Check data records meet needs using IT tools, making corrections as necessary
  • 1.5
    Explain the risks to data security and procedures used for data protection
  • 1.6
    Handle data files effectively, in line with local or legal guidelines and conventions for the storage and use of data where available
  • 1.7
    Interpret and respond appropriately to a range of data and application error messages

2

Process business transactions from source documents

Assessment Criteria

  • 2.1
    Select and use appropriate tools and techniques to process transactions
  • 2.2
    Use software tools to monitor accounts
  • 2.3
    Respond appropriately to any transaction errors and problems
  • 2.4
    Process period and year end routines

3

Develop and interpret management information reports

Assessment Criteria

  • 3.1
    Explain what information is required and how to present it
  • 3.2
    Generate and interpret management reports as required
  • 3.3
    Customise and format accounting documents and reports according to requirements
  • 3.4
    Import and export data and link to other systems

4

Set up a computerised accounting system ready for use

Assessment Criteria

  • 4.1
    Install and update accounting software as required
  • 4.2
    Configure accounting software for use
  • 4.3
    Set up package parameters
  • 4.4
    Set up initial account balances