This unit describes the performance outcomes, skills and knowledge required to balance and reconcile a register or terminal in a retail environment, clear registers, count money, calculate non cash transactions, and reconcile and record takings.
It applies to individuals working in frontline operational roles in a diverse range retail industry sectors and business contexts. They operate with some independence under general supervision and guidance from others, and within established organisational policies and procedures.
No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication.
| Mapping | Notes | Date |
|---|---|---|
| Supersedes SIRXFIN201 - Balance and secure point-of-sale terminal | • Not Equivalent • Competency Field changed to Retail Financials (RTF) • Unit Sector change to Retail • Minor change to Elements and Performance Criteria to streamline language and better define essential outcomes and performance • Updated knowledge requirements to reflect unit revisions. | 30/Mar/2016 |
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