home study-intermediate level

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Anyone doing a home-study course at intermediate level? I coul do with someone to chat to.Am struggling a bit on unit 7, reports and returns

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    home study-intermediate level

    Hi<BR>Yes I am.<BR><BR>I know what you mean about Reports & Returns.<BR>Im in the middle of it at the moment.<BR>Im using BPP how about you ?<BR>Karen
  • System
    System Posts: 100,534 🤖 Admin 🤖
    home study-intermediate level

    Hello you two,<BR><BR>I have done the PRAR full time, with the FTC in London. Nothing to worry about here. This is what I remember from the simulation for Unit 7:<BR>I had to complete a VAT return and there was a "bad debt" the VAT had to be deducted from input VAT figure (purchases). We also had to write a letter to the local Customs & Excise office asking them for some information about VAT deregistration. I filled a form with Gross Profit and Net Profit figures, I then also wrote a memo to the Line manager regarding those profit figures and the reasoning behind them. Also revise RPI because you will have to fill a table with cumulative and non-cumulative figures, I then had to plot a graph showing the cumulative sales figures.<BR><BR>FTC are very good as we were taught the above on one lesson and the following week we did the simulation and we were done.<BR><BR>Regards,<BR><BR>Nafisa <BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    home study-intermediate level

    Thanks<BR>It doesnt sound hard when you put it that way!<BR><BR>The Bpp book goes into quite some detail on VAT etc, which was a little worrying.<BR>Karen
  • System
    System Posts: 100,534 🤖 Admin 🤖
    home study-intermediate level

    HI,<BR>yes .i am an intermidiate level student. you can see me at novelsophy@yahoo.com for more discussion.<BR>thanks

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