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D0701 Maintain Financial Records (BSBFIA301A)
WA Unit NumberD0701
Unit TitleMaintain financial records
National Unit NumberBSBFIA301A
 -About this Unit
This unit describes the performance outcomes, skills and knowledge required to maintain financial records for a business. It includes maintaining daily financial records such as reconciling debtors and creditors systems, preparing and maintaining a general ledger, and preparing a trial balance. It also includes activities associated with monitoring cash control for accounting purposes.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.
Unit Hours60
 -Pre-requisites
This unit has no pre-requisites
 -Co-requisites
This unit has no co-requisites
 -Elements Of Competency/Learning Outcomes
This unit has no Elements of Competency/Learning Outcomes