Establish and maintain an accrual accounting system

Module/Unit FNSBKG403A
Program Area Business Finance and Culture

Module/Unit Purpose

This unit describes the performance outcomes, skills and knowledge required to establish debtors and creditors, bad debt and contra entries, perform reconciliations, review compliance terms and conditions, plan a recovery action and prepare reports to set up and maintain a manual and computerised accrual accounting system. This unit is applicable to individuals working within enterprises and job roles subject to l icensing, legislative, regulatory or certification requirements including v arious aspects of the Tax Act, Goods and Services Tax (GST) rulings.

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TAFE NSW HIGHER EDUCATION