Topic outline

  • FBSFTS501-PROCESSING FINANCIAL TRANSACTIONS

    Introduction

     A financial transaction is an agreement or communication is an agreement, or communication between a buyer and seller to exchange goods, services or assets for payment. A financial transaction always involves one or more financial asset, most commonly money or another valuable item such as gold or sliver. The module of processing financial transaction describes the skills, knowledge and attitudes required for a learner of certificate level v, to process financial transactions. by the end of this module, the learner will be able to record and balance petty cash transaction, to balance all transactions, in hospitality establishments without supervision.