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Level 3 Computerised Accounts - Textbook worthwhile?

  • 12 posts
  • # 114082

Can any one advise whether buying the Kaplan textbook for this is worthwhile? If so does anyone have a second hand copy? It seems as though a book will go out of date very quickly. At level 2 It didn't really help and I spent most of my time looking at online help forums for Sage Online Accounting. I am trying to get to grips with Quickbooks for level 3 but may revert to Sage. Any advice welcome.

 

Thanks

Milly

  • Fellow
  • 18 posts
  • # 114087

Hi MIlly,

I got my textbook for Level 3 Computerised from the ICB shop, it was newly written by smoeone in the association last year and was adequate for passing the course on Sage.  I suspect it may well be cheaper than Kaplan's as well.

Regards,

Dale

  • 12 posts
  • # 114105

Dale said:

Hi MIlly,

I got my textbook for Level 3 Computerised from the ICB shop, it was newly written by smoeone in the association last year and was adequate for passing the course on Sage.  I suspect it may well be cheaper than Kaplan's as well.

Regards,

Dale


 Thanks Dale - this is useful. I have worked through thr mock now with Sageone Accounting and managed to get something which looks like the model answers. I am not sure what date to use for my opening balances as there are year end adjustments to be made which can only be entered after the start date. This means if I enter data on 31/3/14 I am doing year end on 01/01/14. Or should I enter data on30/03/14 do year end on the 31st then start the new year transactions on the 1st April? Any thoughts please. Im sure its a trivial point but Im not sure what to do!

 

Thanks

Sue

  • Fellow
  • 18 posts
  • # 114117

Hi Sue,

It's a bit hard to know without seeing the question.  If you are just being given a set of balances and year end adjustments to make before closing I would enter the balances as being dated 31st March and then make the year end adjustments using the same date.  I would then run the year end process dated 31st March and then make the new year's entries on 1st April. 

Normally questions will say what date the list of balances is from so I would generally go with that and make all year end adjustments and run the year end process on the last day of the financial year.

I hope this helps but if I have misunderstood your question just message me back.

Dale

  • 12 posts
  • # 114121

>
> Thanks Dale .. That helps me... Think I entered some adjustments with wrong date.
Regards
Milly
>
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