This unit describes the skills and knowledge required to reconcile and monitor financial accounts receivable systems, identify bad and doubtful debts and plan a recovery action, and remit payments to sundry creditors.
It applies to individuals who use specialised knowledge and follow agreed processes to problem solve within their area of responsibility.
Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
Mapping:
Mapping | Notes | Date |
---|---|---|
Supersedes and is equivalent to FNSACC302A - Administer subsidiary accounts and ledgers | Updated to meet Standards for Training Packages | 24/Mar/2015 |
Is superseded by and equivalent to FNSACC312 - Administer subsidiary accounts and ledgers | 12/Feb/2018 |
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