SHBXCCS001 - Conduct salon financial transactions
Overview
This unit describes the performance outcomes, skills and knowledge required to conduct financial transactions for the sale of products and services within a personal services environment. It requires the ability to operate point-of-sale equipment, handle cash, complete sales and reconcile takings.
Assessment
For Melbourne campuses
Assessment tasks will be designed to reinforce and extend knowledge and skill competence within set and controlled parameters in accordance with each unit’s learning outcomes and performance criteria requirements, including the setting of work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines.
Students will be expected to demonstrate the following required skills:
- operate electronic point-of-sale equipment to accurately perform each of the following transactions on at least two occasions: cash sales, non-cash sales, credit card, EFTPOS, refunds/exchanges;
- demonstrate the following secure payment handling procedures for all transactions listed above:
- balancing point-of-sale terminal;
- calculating non-cash documents;
- clearing terminal and transferring tender;
- counting cash;
- determining change required and denominations of change;
- ensuring security of cash and non-cash transactions;
- maintaining cash float;
- opening and closing of point-of-sale terminal;
- recording takings;
- securing cash and non-cash transactions, and;
- tendering change.
Required reading
The qualified trainer and assessor will provide teaching and learning materials as required in the form of workbooks produced by the Polytechnic and/or via the Polytechnic e-learning system.
As part of a course
This unit is studied as part of the following course(s):