No precise cutting in Nero 2014?

I was using Nero 9 (Nero Vision) to edit and cut video recorded from TV and it works fine being able to cut of the advertisement actually precise to the single picture of a video. Now with Nero 2014 I am missing that feature. What I have found in the manual for cutting is like using a fly swatter, no precision. Is there any decent explanation/manual how to operate this?
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