Computerised Accounting Software

Overview

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

For the full unit details, please download the latest version of the qualification specification. This is available for download on the relevant qualifications page.

Unit Learning Outcomes

To view the assessment criteria and any additional content, please expand the relevant learning outcome below.

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