The best video you can find for this exam. I saw so many videos for this exam but this is all that you need to pass this exam. It is not boring and confusing but is explained in detail and with a lot of tips on how to manage time effectively in exams. thank you so much. My exam is coming soon but I feel very confident after watching this video.
Hi there quick question, when entering the OB can i input the date as the 31st May 20xx rather than set the financial year to the previous year as you explained earlier.
For the purpose of the assessment, please remember that all the OB must be entered on the first day of the financial period as this will reflect on the relevant general ledger accounts or the subsidiary ledger account. Entering them on 31st May will result in the accounts not officially closed/transferred into the new financial period
Your videos are absolutely amazing , I have watched all your videos , any chance we can have the exam in PDF as we have found the previous ones online ?
Thank you for your compliments, I certainly appreciate it. All the videos I demonstrate are only available online on the AAT website. I cannot publish them in a digital format as I doubt that AAT would allow it.
Dear Mo, I have to sit my exam for AAT UACS this Thursday , I amquite confused about setting the Financial year date . In one of the Mock Exams the request is to set the Financial year to start on 01 August current year and the software date to 31 August current year , I know that the financial year is normally March to Aprl , should I set the dates as August 2022 ? Your advice is really appreciated , thank you, Kelly
It depends when you are actually sitting the assessment and what program date in that particular exam. For example, you are sitting this month (Sept) and the dates in the assessment says November current financial year, then you need to use Nov 2021 as Nov 2022 is in future (we can’t future account). If it says anything before September than we can use the month from 2022. I hope it makes sense.
Only last 2 tasks, Recurring entry and Bank recon screen before actually reconciling. Others you can export reports under either PDF , png or jpg format
hi again To make sure that I understand well this and do not make any mistakes on my exam next week if I set the program date as 30 June of the current year and the financial year to start on 1 June what would be the exact year? Is that 2022, please?
It all depends on which month you are on currently. If you are doing the exams in September, then if any month before can be used for 2023, ie Jan-Aug 2023. If your scenario is September of later, then you must use 2022 as doing under current year will deem as future accounting and not feasible with your expected accounting standards. Hope this makes sense.
Hi really appreciated it your prompt response and all the explanations you did . Thank you so much but as much as read I’m still confuse .. I’m sitting for the exam this Monday 18th September 2023 so which year I should use for the financial year, please 2022 ?? Is that right so June 2022 ? I’m afraid that i have the wrong year here . Please if you can help …thank you very much
The opening balance should be what you see in task 3 (initial trial balance. When doing bankrecon, we need to use the bank statement's closing balance as the ending balance on the screen as demonstrated in 1:20:32
The best video you can find for this exam. I saw so many videos for this exam but this is all that you need to pass this exam. It is not boring and confusing but is explained in detail and with a lot of tips on how to manage time effectively in exams. thank you so much. My exam is coming soon but I feel very confident after watching this video.
Watching this the night before my final exam. Some of my friends who watched it passed with over 90% so hopefully it works for me too
thank you so much, it was excellent, I have exam ahead ,you explain everything very well.
Thanks a lot for this video, it really helped me a lot in today's sage exam. I got the same question format. thanks much:)
Thank you so much for you explanation . I feel more confident for my examen now and I know I will do very well thanks to you.
Very well explained and easy to follow. Exam coming up very soon. This helps a lot. Thank you 😊
Thank you very much, very useful and helpful.
Glad to hear that!
Thank you so much ,well explained and easy to follow .
You are welcome!
Thank you. It is very helpful :)
very well explained everything thanks a lot
Hi there quick question, when entering the OB can i input the date as the 31st May 20xx rather than set the financial year to the previous year as you explained earlier.
For the purpose of the assessment, please remember that all the OB must be entered on the first day of the financial period as this will reflect on the relevant general ledger accounts or the subsidiary ledger account. Entering them on 31st May will result in the accounts not officially closed/transferred into the new financial period
Your videos are absolutely amazing , I have watched all your videos , any chance we can have the exam in PDF as we have found the previous ones online ?
Thank you for your compliments, I certainly appreciate it. All the videos I demonstrate are only available online on the AAT website. I cannot publish them in a digital format as I doubt that AAT would allow it.
Thanks, Help me a lot
Dear Mo, I have to sit my exam for AAT UACS this Thursday , I amquite confused about setting the Financial year date . In one of the Mock Exams the request is to set the Financial year to start on 01 August current year and the software date to 31 August current year , I know that the financial year is normally March to Aprl , should I set the dates as August 2022 ? Your advice is really appreciated , thank you, Kelly
really helpful!
Did you say after 30 may we use previous financial year
It depends when you are actually sitting the assessment and what program date in that particular exam. For example, you are sitting this month (Sept) and the dates in the assessment says November current financial year, then you need to use Nov 2021 as Nov 2022 is in future (we can’t future account). If it says anything before September than we can use the month from 2022. I hope it makes sense.
Can someone expalin please if there is a diference with SAGE 50 version 19 with the software that is used in this tutorial ?
Do I need to screen shot each task and upload these as well as the evidences? thanks.
Only last 2 tasks, Recurring entry and Bank recon screen before actually reconciling. Others you can export reports under either PDF , png or jpg format
@@AATbyMo amazing thank you!
hi again To make sure that I understand well this and do not make any mistakes on my exam next week if I set the program date as 30 June of the current year and the financial year to start on 1 June what would be the exact year? Is that 2022, please?
It all depends on which month you are on currently. If you are doing the exams in September, then if any month before can be used for 2023, ie Jan-Aug 2023. If your scenario is September of later, then you must use 2022 as doing under current year will deem as future accounting and not feasible with your expected accounting standards. Hope this makes sense.
Hi really appreciated it your prompt response and all the explanations you did . Thank you so much but as much as read I’m still confuse .. I’m sitting for the exam this Monday 18th September 2023 so which year I should use for the financial year, please 2022 ?? Is that right so June 2022 ? I’m afraid that i have the wrong year here . Please if you can help …thank you very much
When I want to do bank reconciliations it give me another amount of opening balance last time and I couldn't reconcile 🥲
The opening balance should be what you see in task 3 (initial trial balance. When doing bankrecon, we need to use the bank statement's closing balance as the ending balance on the screen as demonstrated in 1:20:32