Google Links

Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

1. Enter data to system
   • Enter data into systems without error and within time requirements in accordance with organisational policy and procedures
   • Allocate data to correct systems and accounts, and update related systems
   • Maintain system controls to ensure integrity and security of customer and payee database
2. Create payment facility
   • Process payment facility accurately in accordance with organisational policy and procedures
   • Maintain documentation in secure manner to protect privacy and interests of all parties
3. Verify payments against documentation
   • Confirm payment authorisation, with information on payment facility matching approved documentation
   • Identify discrepancies and follow up promptly
4. Effect payments
   • Make payments within agreed credit arrangements in accordance with organisational policy and procedures, and industry and legislative requirements
   • Ensure payment instruments are signed in accordance with relevant authority levels, and related systems updated promptly to ensure that integrity of accounting systems is maintained
   • Cancel or note primary documentation associated with payment to ensure multiple payments are not made
5. File documentation
   • File documentation promptly in accordance with organisational policy and procedures
   • File documentation in location that is accessible and easily traceable

Performance Evidence

Evidence of the ability to:

accurately enter data in organisational systems

create payment facilities and verify payments against documentation

make payments following organisational procedures and legislative requirements

file documents accurately and promptly in the correct location.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

---

Knowledge Evidence

To complete the unit requirements safely and effectively, the individual must:

identify the key requirements of legislation and industry codes of practice relevant to payment systems

describe organisational policy and procedures relating to processing payment documentation

describe organisational system controls used in processing payments.

---