unit 3 - sunny days

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:24AM in AAT student discussion
has anyone does this?

am doing the part where you reconcile the bank statement and cash book but with the bank statement end balance, when i do the unpresented cheques and lodgements it doesnt come to the cash book end figure.

Anyone had probs with this assignment?

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:unit 3 - sunny days

    It does balance!
    Have you included the bank charges in the cash book as well as the SO, DD & BACS transactions detailed in the task (NB not all are necessary in July 2004 - double check).

    Hope this helps
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:unit 3 - sunny days

    Doesn't help having a child on your lap as you type!!

    No delete message edit function in this forum??!!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:unit 3 - sunny days

    :-) a ha found my mistake

    what i needed to do was take the opening balance on the bank statement and subtract the opening balance brought down from the cash book, this is why i was £3076 out. I counted the bank charges etc and it all totals fine now.

    thanks for help
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:unit 3 - sunny days

    actually the college got the paper wrong, the opening balance on the bank statement should have been the same as the opening balance on the cash book, thats why i had so much trouble.

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