Unit of competency Outline

Date retreived
22/07/2026 5:37 AM AWST

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Maintain petty cash account

Maintain petty cash account

Unit of competency
National Code
TLIP2032
State Code
AVI17
TGA Status
Current
DTWD Status
Approved
Current Release Number
2.00
Current Release Date
22/11/2021
State Implementation and Classification
Approved Date
23/02/2016
Field of Education
080101 - Accounting
Original Release Date
23/02/2016
Nominal Hours
10
Description
This unit involves the skills and knowledge required to maintain a petty cash account in accordance with relevant regulations and workplace requirements, as part of work activities within the transport and logistics industry.It includes preparing petty cash documentation and conducting cash transactions.Work is performed under some supervision generally within a team environment.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Prepare petty cash documentation
  • 1.1 Requests for petty cash advances are validated and required vouchers are prepared
  • 1.2 Petty cash claims are validated and attached receipts are checked
  • 1.3 Before processing, claim documentation is prepared and checked for accuracy
  • 1.4 Claims and vouchers are presented to nominated person/section for checking and approval appropriate to workplace limits
  • 1.5 Irregularities are noted and referred to nominated person/section for resolution
  • 1.6 Details of claims and vouchers are recorded to enable tracing and balancing of cash holding
2 Conduct cash transactions
  • 2.1 Petty cash is provided against claims and vouchers from cash holding
  • 2.2 Petty cash returns are secured and return receipts are provided
  • 2.3 Petty cash returns are documented to enable tracing and balancing of cash holding
  • 2.4 Documented transactions are reconciled against cash held
  • 2.5 Cash is drawn to maintain a balance appropriate to normal transaction levels in accordance with workplace procedures
  • 2.6 Cash is secured in accordance with workplace security requirements
No information
No information
Replaces
State Code National Code Title Type
D5285 TLIP2032A Maintain petty cash account Unit of competency