SIRRRTF001

Unit Information about the SIRRRTF001 training material in this resource

Application

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.

Unit mapping information

No equivalent unit.

Licensing, legislative, regulatory or certification requirements

No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication.

Foundation skills

Foundation skills essential to performance are explicit in the performance criteria of this unit of competency.

Unit sector or competency field

Retail—Retail Financials

Prerequisite, co-requisite or interdependent assessment of units

Not applicable

Assessment conditions

Skills must be demonstrated in a retail environment. This can be:

• an industry workplace

• a simulated industry environment

Assessment must ensure access to:

• organisational policies and procedures related to point-of-sale

• point-of-sale equipment and consumables

• financial transaction documentation for non-cash sales

• cash

• assessment activities that allow the individual to work with commercial speed, timing and productivity

Assessors must satisfy the Standards for Registered Training Organisations’ requirements for assessors.