I am using Sage Instant Accounts at the moment and going through the "Bill Penn" practice, as I go along, I was required to produce "A trial Balance as at 30 June 2005" (the financial year is 2005 in this practice), now my question is: in the 'criteria value' screen, how can I set the period back to 2005? it only gives me options for 2011/2012...
Please could someone be kind and tell me? I only want to know this because I am preparing for Level II computerised exam, and obviously don't know what finacial year on the exam company would be, if it is not 2011 or 2012 then I wouldn't know how to produce the reports!!
You should have set the financial year at the start - settings>financial year - but (unlike sage line 50) in sage instant you cannot change this after you have posted transactions, so you need to do it right at the beginning when setting up the company.
Thanks for your kind response, Anne. Does this mean that I now would have to carry on the rest of the practice as the system has been set up then...
I guess this also means that when I am taking the exam, I shall wait for the exam paper comes first before install any accounts package? just want to check so know for sure.
I am also interested in Sue's question, and wonder if I may change the system settings for the same scenario if it is Sage 50? and how to do it please?
I have checked (I marked on my book at the time) and I am sure I set up the business finacial year as 2005 at the beginning (the Company Set-up stage), but it seems I only have the option of March 2011 to April 2012... any idea how/where I can check this?
I think that if you pick brought forward for the criteria in your TB you should get the report you need. It may not have the correct dates in the title.
To check the fiancial year go to settings then select financial year I suspect it will be greyed out and that you will not be able to change it.
In Sage Line 50 you can change the date, but this is a much more sofisticated prgramme (and more expensive).
I have never had to produce such reports for an exam so I don't know how critical the dates are - but I do use both Instant and LIne 50 (as do many other members here) hope I have not misunderstood your dilema, and hope we can find a solution
. But now it explains everything!
