Student Name:

Student Assessment Booklet

FNSACC311

Process financial transactions and extract interim reports

Table of Contents

Table of Contents 2

Assessment Information 3

Additional Resources 4

Assessment Instructions 5

Student Assessment Agreement 6

Assessment Task 1 Cover Sheet 7

Assessment Task 1: Written Questions 8

Assessment Task 1 Instructions 10

Assessment Task 1 Checklist 12

Assessment Task 2 Cover Sheet 13

Assessment Task 2: Petty cash and cash receipts 14

Assessment Task 2 Instructions 15

Assessment Task 2 Checklist 18

Assessment Task 3 Cover Sheet 19

Assessment Task 3: Reconcile and pay journals 20

Assessment Task 3 Instructions 21

Assessment Task 3 Checklist 24

Assessment Information

The assessment tasks for FNSACC311 Process financial transactions and extract interim reports are included in this Student Assessment Tasks booklet and outlined in the assessment plan below.

To be assessed as competent for this unit, the student must complete all of the assessment tasks satisfactorily.

Assessment Plan

Assessment Task	Assessment Task Summary
1. Written questions	Students must correctly answer all questions to show that they understand the knowledge required of this unit.
2. Petty cash and business transactions	Students must calculate a business’ Petty Cash and perform the monthly reconciliation. They must also check the day’s takings, bringing the cash and cheques to the deposit facility.
3. Enter data into electronic accounting system	Students must establish a new business in MYOB, enter transactions and produce a trial balance.

Assessment Preparation

Please read through this assessment thoroughly before beginning any tasks. Ask your assessor for clarification if you have any questions at all.

When you have read and understood this unit’s assessment tasks, print out the Student Assessment Agreement. Fill it out, sign it, and hand it to your assessor, who will countersign it and then keep it on file.

Keep a copy of all of your work, as the work submitted to your assessor will not be returned to you.

Assessment appeals

If you do not agree with an assessment decision, you can make an assessment appeal as per your RTO’s assessment appeals process.

Students have the right to appeal the outcome of assessment decisions if they feel they have been dealt with unfairly or have other appropriate grounds for an appeal.

Additional Resources

The following resources will be given to you before you begin each Assessment Task.

Assessment Task 2

• Petty Cash Vouchers
• Petty Cash Receipts
• Financial Policy and Procedures
• EFTPOS
• Cheques
• Bank Withdrawal Receipt
• Bank Deposit Slip
• Andrew’s Workbook Template

Assessment Task 3

• Andrew’s Slabs Accounts
• Andrew’s Slabs Transactions July

Assessment Instructions

Each assessment task in this booklet consists of the following:

Assessment Task Cover Sheet

This must be filled out, signed and submitted together with your assessment responses.

If you are submitting hardcopy, the Cover Sheet should be the first page of each task’s submission.

If you are submitting electronically, print out the cover sheet, fill it out and sign it, then scan this and submit the file.

The Assessment Task Cover Sheet will be returned to you with the outcome of the assessment, which will be satisfactory (S) or unsatisfactory (U). If your work has been assessed as being not satisfactory, your assessor will include written feedback in the Assessment Task Cover Sheet giving reasons why. Your assessor will also discuss this verbally with you and provide advice on re-assessment opportunities as per

your RTO’s re-assessment policy.

Depending on the task, this may include

• resubmitting incorrect answers to questions (such as short answer questions and case studies)
• resubmitting part or all of a project, depending on how the error impacts on the total outcome of the task
• redoing a role play after being provided with appropriate feedback about your performance
• being observed a second (or third time) undertaking any tasks/activities that were not satisfactorily completed the first time, after being provided with appropriate feedback.

Assessment Task Information

This gives you:

• a summary of the assessment task
• information on the resources to be used
• submission requirements
• re-submission opportunities if required

Assessment Task Instructions

These give questions to answer or tasks which are to be completed.

Your answers need to be typed up using software as indicated in the Assessment Task Instructions.

Copy and paste each task’s instructions into a new document and use this as the basis for your assessment task submission. Include this document’s header and footer.

If you are submitting electronically, give the document a file name that includes the unit identification number, the task number, your name and the date.

Checklist

This will be used by your assessor to mark your assessment. Read through this as part of your preparation before beginning the assessment task. It will give you a good idea of what your assessor will be looking for when marking your responses.

Student Assessment Agreement

Make sure you read through the assessments in this booklet before you fill out and sign the agreement below.

If there is anything that you are unsure of, consult your assessor prior to signing this agreement.

Have you read the assessment requirements for this unit?  Yes  No

Do you understand the requirements of the assessments for this unit?  Yes  No

Do you agree to the way in which you are being assessed?  Yes  No

Do you have any specific needs that should be considered?  Yes  No

If so, explain these in the space below.

Do you understand your rights to re-assessment?  Yes  No

Do you understand your right to appeal the decisions made in an assessment?  Yes  No

Student name
Student number
Student signature
Date
Assessor name
Assessor signature
Date

Assessment Task 1 Cover Sheet

Student Declaration

To be filled out and submitted with assessment responses

 I declare that this task is all my own work and I have not cheated or plagiarised the work or colluded with any other student(s).

 I understand that if I If I am found to have plagiarised, cheated or colluded, action will be taken against me according to the process explained to me.

 I have correctly referenced all resources and reference texts throughout these assessment tasks.

Student name
Student ID number
Student signature
Date

Assessor declaration

 I hereby certify that this student has been assessed by me and that the assessment has been carried out according to the required assessment procedures.

Assessor name
Assessor signature
Date
Assessment outcome	S	NS	DNS	Resubmission Y N

Feedback

Student result response

 My performance in this assessment task has been discussed and explained to me.

 I would like to appeal this assessment decision.

Student signature
Date

A copy of this page must be supplied to the office and kept in the student’s file with the evidence.

Assessment Task 1: Written Questions

Task summary

• This is an open book test.
• Students need to answer all of the written questions correctly.
• Questions must be completed within 1.5 hours.
• Answers must be word processed and sent to your assessor as an email attachment.

Required

• Access to textbooks/other learning materials
• Computer and Microsoft Office
• Access to the internet

Timing

The assessor will advise you of the due date of this submission.

Write in the due date below as advised by your assessor:

Submit

• Answers to all questions

Assessment criteria

• All questions must be answered correctly in order for a student to be assessed as having completed the task satisfactorily.

Re-submission opportunities

Students will be provided feedback on their performance by their Assessor. The feedback will indicate if you have satisfactorily addressed the requirements of each part of this task.

If any parts of the task are not satisfactorily completed your assessor will explain why and provide you written feedback along with guidance on what you must undertake to demonstrate satisfactory performance. Re-assessment attempt(s) will be arranged at a later time and date.

Students have the right to appeal the outcome of assessment decisions if they feel they have been dealt with unfairly or have other appropriate grounds for an appeal.

Students are encouraged to consult with their assessor prior to attempting this task if they do not understand any part of this task or if they have any learning issues or needs that may hinder them when attempting any part of the assessment.

Written answer question guidance

The following written questions use a range of “instructional words” such as “identify” or “explain”, which tell you how you should answer the question. Use the definitions below to assist you to provide the type of response expected.

Note that the following guidance is the minimum level of response required.

Analyse – when a question asks you to analyse something, you should do so in in detail, and identify important points and key features. Generally, you are expected to write a response one or two paragraphs long.

Compare – when a question asks you to compare something, you will need to show how two or more things are similar, ensuring that you also indicate the relevance of the consequences. Generally, you are expected to write a response one or two paragraphs long.

Contrast – when a question asks you to contrast something, you will need to show how two or more things are different, ensuring you indicate the relevance or the consequences. Generally, you are expected to write a response one or two paragraphs long.

Discuss – when a question asks you to discuss something, you are required to point out important issues or features, and express some form of critical judgement. Generally, you are expected to write a response one or two paragraphs long.

Describe – when a question asks you to describe something, you should state the most noticeable qualities or features. Generally, you are expected to write a response two or three sentences long.

Evaluate – when a question asks you to evaluate something, you should do so putting forward arguments for and against something. Generally, you are expected to write a response one or two paragraphs long.

Examine – when a question asks you to examine something, this is similar to “analyse”, where you should provide a detailed response with key points and features and provide critical analysis. Generally, you are expected to write a response one or two paragraphs long.

Explain – when a question asks you to explain something, you should make clear how or why something happened or the way it is. Generally, you are expected to write a response two or three sentences long.

Identify – when a question asks you to identify something, this means that you are asked to briefly describe the required information. Generally, you are expected to write a response two or three sentences long.

List – when a question asks you to list something, this means that you are asked to briefly state information in a list format.

Outline – when a question asks you to outline something, this means giving only the main points, Generally, you are expected to write a response a few sentences long.

Summarise – when a question asks you to summarise something, this means (like “outline”) only giving the main points. Generally, you are expected to write a response a few sentences long.

Assessment Task 1 Instructions

Provide answers to all of the questions below:

1. Describe the imprest system of petty cash., including the accounts to which the transactions and the petty cash replenishment will be attributed to.

2. Explain the concept of accrual accounting.

3. Explain the concept of cash accounting.

4. Explain why a company may elect to use accrual accounting rather than cash accounting method?

5. Explain the difference between an asset and an expense and include an example of each.

6. Explain, in your own words, the procedure of Electronic Funds Transfer at Point of Sale (EFTPOS).

7. When placing a deposit at a bank, identify the proof of lodgement that you need to obtain in order to ensure you are able to trace the deposit if required?

8. What additional security measures could a company use when banking a cheque made out to cash, as opposed to a general cheque?

9. Outline three examples of errors that can be made when processing financial transactions.

10. In your own words, briefly explain the five fundamental principles of the Code of Ethics for Professional Accountants.

11. Briefly describe the purpose of the Tax Agent Services Act 2009 and why it is important for a

BAS agent to be aware of this Act.

12. Briefly explain the purpose of the Fair Work Act 2009 and the importance of understanding this Act for an individual working in accounts or bookkeeping.

13. Provide three examples of actions that should be taken at work to meet the requirements of the Privacy Act 1988.

14. List 4 safety/security measures that should be implemented when transporting cash.

15. Describe, in your own words, three important features of a chart of accounts, and list the five categories (excluding contra-accounts) under which all accounts are usually organised.

Assessment Task 1 Checklist

Student’s name:
Did the student provide a sufficient and clear answer that addresses the suggested answer for:	Completed successfully	Comments
Yes	No
Question 1
Question 2
Question 3
Question 4
Question 5
Question 6
Question 7
Question 8
Question 9
Question 10
Question 11
Question 12
Question 13
Question 14
Question 15
Task Outcome:	Satisfactory 	Not Satisfactory 
Assessor signature
Assessor name
Date

Assessment Task 2 Cover Sheet

Student Declaration

To be filled out and submitted with assessment responses

 I declare that this task is all my own work and I have not cheated or plagiarised the work or colluded with any other student(s).

 I understand that if I If I am found to have plagiarised, cheated or colluded, action will be taken against me according to the process explained to me.

 I have correctly referenced all resources and reference texts throughout these assessment tasks.

Student name
Student ID number
Student signature
Date

Assessor declaration

 I hereby certify that this student has been assessed by me and that the assessment has been carried out according to the required assessment procedures.

Assessor name
Assessor signature
Date
Assessment outcome	S	NS	DNS	Resubmission Y N

Feedback

Student result response

 My performance in this assessment task has been discussed and explained to me.

 I would like to appeal this assessment decision.

Student signature
Date

A copy of this page must be supplied to the office and kept in the student’s file with the evidence.

Assessment Task 2: Petty cash and cash receipts

Task summary

For this assessment task you are required to check petty cash receipts against a petty cash log, recording the transactions in a Petty Cash Book and the General Journal, as well as preparing for the month’s Petty Cash reimbursement. You will have to get approval, at a meeting with your assessor, for the Petty Cash vouchers and your General Journal entries before posting these to the Ledger.

You will also be required to check the day’s takings, in cash, cheque, and EFTPOS, and then depositing the cash and cheques at the selected deposit facility. You will be expected to discuss the safety and security implications of deposit facility selection with your assessor at the meeting, too.

Required

• Computer and Microsoft Office
• Access to the internet for research
• Petty Cash Vouchers
• Petty Cash Receipts
• Financial Policy and Procedures
• EFTPOS
• Cheques
• Andrew’s Workbook Template

Timing

The assessor will advise you of the due date of this submission.

Write in the due date below as advised by your assessor:

Submit

• Email to your assessor with your Andrew’s Slabs Workbook attached
• Email to your assessor with your revised Andrew’s Slabs Workbook attached
• You will also be assessed on your performance during the role play.

Assessment criteria

All questions must be answered correctly in order for a student to be assessed as having completed the task satisfactorily.

Re-submission opportunities

Students will be provided feedback on their performance by their Assessor. The feedback will indicate if you have satisfactorily addressed the requirements of each part of this task.

If any parts of the task are not satisfactorily completed your assessor will explain why and provide you written feedback along with guidance on what you must undertake to demonstrate satisfactory performance. Re-assessment attempt(s) will be arranged at a later time and date.

Students are encouraged to consult with their assessor prior to attempting this task if they do not understand any part of this task or if they have any learning issues or needs that may hinder them when attempting any part of the assessment.

Assessment Task 2 Instructions

Carefully read the following:

That

Andrew has been buying and selling timber slabs for some years, and has recently started repairing furniture. The business transactions are still recorded in a cash receipts book, and then transferred to an Excel Workbook, but Andrew intends to move to an electronic accountancy system in the future.

It is the first of May and, as Andrew’s bookkeeper, you are to balance the Petty Cash box for the previous month and prepare for its reimbursement. The Petty Cash box and log were started a month ago, so that Andrew can have better oversight of what is being spent by the office staff.

It is also your job to collect and batch the previous day’s cash, cheques, and EFTPOS receipts, balancing that against the previous day’s transactions.

You will then participate in a meeting with your assessor, who will be roleplaying Andrew. His approval is needed for the month’s Petty Cash vouchers and for the Journal before it can be posted to Ledger, as set out in Andrew’s Slabs Financial Policy and Procedures.

You will then roleplay the visit to the bank to reconcile the petty cash box and to deposit the previous day’s cheques and cash takings.

Date	Voucher Number	Particulars	Total Paid	Who paid
Apr 1	1001	Taxi Fare	27.50	David
3	1002	Ring binders	8.80	Angela
8	1003	Coffee and sugar for staff room	28.60	Angela
12	1004	Fruit for staff room	12.30	Angela
18	1005	Carton of paper for photocopier	19.80	Angela
23	1006	Taxi fare	16.50	David
25	1007	New kettle for staff room	26.40	Andrew
25	1008	Taxi fare	25.30	Andrew
29	1009	Fruit for staff room	13.20	Angela

Petty Cash Log

Complete the following activities:

1. Balance the Petty Cash Log and prepare for reimbursement of the Petty Cash Fund.

Check the petty cash log against the Petty Cash Vouchers and Petty Cash Receipts source documents, then transfer the transactions to the Petty Cash Book Worksheet in Andrew’s Workbook Template. Include the reimbursement, which is due to happen later that day.

Make the General Journal entries for the Petty Cash fund.

2. Batch and total the cash, leaving a $300.00 float for the cash register.

Denomination	Quantity	Value
Notes
$100	1
$50	3
$20	8
$10	6
$5	5
Coins
$2	18
$1	14
50c	10
20c	21
10c	13
5c	16
Total

16. Batch and total the cheques

17. Total the EFTPOS transactions

18. Enter previous day’s transactions into the Cash Receipts Book in the Andrew’s Workbook Template, and then enter the figures into the General Journal.

19. When you have accounted for the day’s trading and the month’s petty cash, organise a meeting with Andrew (your assessor).

Send your assessor an email requesting a meeting to look at, and authorise, the Petty Cash vouchers for the last month and the Journals.

The text of the email should include:

The table you have filled out for activity 2 above.

• the previous day’s cash takings, total cheques, total EFTPOS transactions and total revenue for the day.
• the total value of cash that you intend to deposit in the bank.
• the amount that will be necessary for reimbursement of Petty Cash.

The covering email should be written polite and technically correct English. Terminology should be used accurately, but appropriately.

Attach your Andrew’s Workbook to the email.

20. At the meeting you will be expected to:

• Give the Petty Cash Vouchers and Petty Cash Receipts to your assessor for authorisation.
• Make any changes to your Workbook entries that are requested.
• Obtian authorisation to post the Journals to Ledger.
• Detail what cash and cheques you will be bringing to the bank, roleplaying the process of depositing these and receiving a receipt.
• Give the amount of cash that you wish to withdraw for the Petty Cash Reconciliation, also roleplaying this and your receipt of the withdrawal slip.
• Describe how you would file these two documents.

During the meeting, you will be required to demonstrate effective communication skills as follows:

• Use of appropriate style (formal), tone (encouraging, respectful) and vocabulary (professional, business language) for the meeting
• Active listening skills
• Asking questions and listening to responses to clarify understanding

21. At the meeting, your assessor will ask you about safety and security in relation to the company’s deposit facilities.

Before attending the meeting, research the safety and security measures that may be appropriate for a business the size of Andrew’s Slabs. Ensure that you have recommendations on:

• which deposit facilities are appropriate
• measures that can be taken to enhance safety and security.

22. When the meeting has been completed, reconcile the banking documentation with the company’s records.

• Adjust the Petty Cash transactions in the Petty Cash Book and the Journals to reflect the information that Andrew has given you.
• Post the approved Journal entries to Ledger
• Record the day’s trading in the Cash Receipts Book within the timeframe given in the Policy and Procedures, ensuring that the figures reconcile with the banking documentation.

23. Send Your revised Andrew’s Slabs Workbook to your assessor as an email attachment. The email itself should refer to the meeting and its outcomes, and should give s short summary of changes you have made to the Workbook.

Assessment Task 2 Checklist

Student’s name:
Did the student:	Completed successfully	Comments
Yes	No
Check accuracy of the Petty Cash Log against the source documents Petty Cash vouchers and Petty Cash receipts?
Accurately enter all Petty Cash transactions in the Petty Cash Book, balancing this and establishing the amount that is needed for reconciliation?
Ensure that any errors found are corrected?
Gain approval for Petty Cash vouchers and claims as set out in the Financial Policy and Procedures?
Check that the cheque and EFTPOS source documents are correct and valid before totalling these and adding them to the Daily Totals Worksheet?
Balance deposits and withdrawals as set out in the Financial Policy and Procedures?
Write an email to the assessor that demonstrates correct spelling and grammar?
Get approval for Journal entries before posting these to Ledger as set out in the Financial Policy and Procedures?
Discuss selection of a deposit facility and associated safety and security concerns with your assessor?
Ensure that deposit facility and associated safety and security concern are appropriate as set out in the Financial Policy and Procedures?
Ensure that batched items’ totals agree with banking documentation?
Indicate how bank documentation will be filed in an easily accessible and traceable manner?
Demonstrate effective communication skills, including speaking clearly and concisely, asking and responding to questions and active listening?
Task Outcome:	Satisfactory 	Not Satisfactory 
Assessor signature
Assessor name
Date

Assessment Task 3 Cover Sheet

Student Declaration

To be filled out and submitted with assessment responses

 I declare that this task is all my own work and I have not cheated or plagiarised the work or colluded with any other student(s).

 I understand that if I If I am found to have plagiarised, cheated or colluded, action will be taken against me according to the process explained to me.

 I have correctly referenced all resources and reference texts throughout these assessment tasks.

Student name
Student ID number
Student signature
Date

Assessor declaration

 I hereby certify that this student has been assessed by me and that the assessment has been carried out according to the required assessment procedures.

Assessor name
Assessor signature
Date
Assessment outcome	S	NS	DNS	Resubmission Y N

Feedback

Student result response

 My performance in this assessment task has been discussed and explained to me.

 I would like to appeal this assessment decision.

Student signature
Date

A copy of this page must be supplied to the office and kept in the student’s file with the evidence.

Assessment Task 3: Reconcile and pay journals

Task summary

For this assessment task you are required to enter Andrew’s Slabs’ details into MYOB accounting software to record all the Sales and Purchase transactions for the company based on the scenario information, using the data provided.

Required

• A computer
• MYOB access
• Andrew’s Accounts
• Andrew’s Slabs Transactions July
• Financial Policy and Procedures

Timing

The assessor will advise you of the due date of this submission.

Write in the due date below as advised by your assessor:

Submit

• Email to your assessor with invoices and trial balance attached.

Assessment criteria

All questions must be answered correctly in order for a student to be assessed as having completed the task satisfactorily.

Re-submission opportunities

Students will be provided feedback on their performance by their Assessor. The feedback will indicate if you have satisfactorily addressed the requirements of each part of this task.

If any parts of the task are not satisfactorily completed your assessor will explain why and provide you written feedback along with guidance on what you must undertake to demonstrate satisfactory performance. Re-assessment attempt(s) will be arranged at a later time and date.

Students have the right to appeal the outcome of assessment decisions if they feel they have been dealt with unfairly or have other appropriate grounds for an appeal.

Students are encouraged to consult with their assessor prior to attempting this task if they do not understand any part of this task or if they have any learning issues or needs that may hinder them when attempting any part of the assessment.

Assessment Task 3 Instructions

Carefully read the following

It is the first of August in your current financial year, and Andrew is interested in using a simple version of MYOB to keep the company’s accounts. Andrew has asked you, as the Accounts Clerk, to record the company’s details and transactions into the MYOB framework, and extract interim reports as requested by Andrew.

Many customers are walk-ins, as the workshop is close to the Tyagarah CBD, but Andrew also has several regular customers who purchase from him to resell in their retail stores. These customers can purchase on credit as set out in the Financial Policy and Procedures. You will also be asked to write invoices for orders that these customers have made.

Complete the following activities:

1. Open an online MYOB Essentials account.

Go to the following website:

https://www.myob.com/au

Start a free 30-day trial of MYOB Essentials, or the simplest program that is offered for a free trial. Use the option “I sell products and services”.

If you do not wish to use your email address to register for the free trial, you can create a new email for this purpose. Several providers, including www.mail.com and www.gmx.com offer easy and free email address account establishment.

24. Enter Andrew’s Slabs’ details from Andrew’s Accounts into MYOB.

Accept the chart of accounts suggested, and modify this as set out in Andrew’s Accounts, entering the opening balances as appropriate.

Inactivate the accounts in MYOB that are not listed in Andrew’s Accounts.

Under GST settings enter Accrual accounting, Quarterly reporting, BAS lodgement by paper.

Enter details of Andrew’s Slabs’ customers and suppliers from Andrew’s Accounts into MYOB.

25. Enter the sales and expenses in Andrew’s Slabs Transactions July.

After a few unfortunate experiences with cheques not being honoured, Andrew decided to stop taking them at the end of the last financial year. There were also multiple problems with Andrew’s Slabs’ EFTPOS system, so no EFTPOS transactions could be carried out since the end of June. Consequently, all of the transactions listed in Andrew’s Slabs Transactions July were cash sales.

In the Notes window write “Cash Sales July”.

26. The following special transactions occurred in July also. Enter them into MYOB.

• July 10 Upholstery pressure stapling machine $875.00
• July 18 Standing wood drill $1,350.00
• July 27 Andrew withdrew from business $2,000

27. The following orders have been picked up by customers. Write an invoice for each in MYOB.

Make sure that the invoices are prepared as set out in the Financial Policy and Procedures.

As many of Andrew’s products are individual pieces, and are priced as such, do not use the Item column for items, but use the description column.

Use the invoice number suggested by MYOB.

Before saving the invoices, check them against the customer orders again, correcting any errors you find.

Save a pdf of the invoices to your desktop. File this document as set out in the Financial Policy and Procedure by creating an appropriately named folder on your desktop.

28. Extract a trial balance and a bank transactions report from MYOB. Check their figures against the data you have entered to ensure that it is accurate. If there any errors, correct these. Save both as pdf documents, filing them as you did with the invoices, and take a screen shot of the opened Folder.

29. To ensure that the relevant information is understood easily by Andrew, he has asked you to create a small table that shows, for each month:

• Total income
• Cost of sales
• Total expenses
• Net profit
• Total Assets
• Total liabilities

The table should have a row for each of these values, and a column for each month for the next half a year. It will be updated every month, and sent to Andrew as part of an email. This will be a separate system of data entry that you will maintain yourself, given that the figures cannot be automatically imported from MYOB.

30. Write an email to Andrew (your assessor).

The email should be written in polite and technically correct English, asking your assessor, in the role of Andrew, to check through the attached documents and to give his opinion as to the benefits of using MYOB.

Place the table within the email’s text, summarising how it can be updated monthly to keep Andrew abreast of the company’s performance.

Attach the pdf documents you generated in activities 3 and 4 to this email, as well as the screen shot you have taken of the files and folder.

Assessment Task 3 Checklist

Student’s name:
Did the student:	Completed successfully	Comments
Yes	No
Enter data correctly into MYOB according to Financial Policy and Procedures?
Enter values into the corrects accounts?
Format and produce invoices as set out in the Financial Policy and Procedures?
Check invoices against source documents?
Correctly process any special transactions?
Establish a system of reporting essential data in a table that can be updated monthly?
Extract and check a trial balance as requested?
Extract and check a banking transactions report as requested?
File documents as set out in Financial Policy and Procedures?
Task Outcome:	Satisfactory 	Not Satisfactory 
Assessor signature
Assessor name
Date