TVET FIRST
Travel Office Procedures N5
This document includes important informa on about the revised curriculum for Travel Office Procedures N5, scheduled for implementa on in 2021. Contact jayshil.bhula@macmillaneduca on.co.za to request a sample copy of the TVET First approved textbook or visit our website at www.macmillaneduca on.co.za. For best results, use TVET First Travel Office Procedures N5! The main changes to this curriculum are: New content: • Module 1: Introduc on to entrepreneurship and basic accoun ng principles LO 1.1 Introduc on to entrepreneurship LO 1.2 Basic accoun ng principles of an entrepreneur • Module 2: Journals and General Ledger entries LO 2.6 Wages Journal is new • Module 3 Trial balance: 3.1 Introduc on to the trial balance 3.1 Introduc on to the trial balance – Defini on and explana on of what is meant by a trial balance – Explain the difference between the Balance Sheet Sec on and the Nominal Accounts Sec on. • Module 4: Financial statements of an entrepreneur 4.1 Financial Statements: Income statements and Balance Sheet Sources of financing relevant to tourism establishments: – Capital (fixed/working capital/growth) – Equity financing – Borrowed capital • Module 5: Reconciling the entrepreneur’s books (5.1.1 is new) 5.1.1 Reconcilia on of bank statements with cash journals in order to prepare bank reconcilia on statements: – outstanding deposits – cheques not yet presented for payment – stop/debit orders – direct transfers – bank charges – interest received or charged – correc on of errors or omissions – cheques R/D or cancelled – post-dated cheques received/issued
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