An account with an opening balence can be deleted in Fact

A. True

B. False

You can do it
  1. We can maintain monthly budget through the option Budget under Master
  2. When FACT is installed, the group created is
  3. The special account created to need cash withdrawal entris from bank is known as
  4. When Fact is installed for the first time we have to enter a blank company to creat a new company
  5. An account with an opening balence can be deleted in Fact
  6. FACT supports multiple godown facility
  7. In Fact the accounting period can be specified for a maximum period of
  8. In Fact the Install date can be a date earlier than starting date
  9. In Fact the additional information in transaction can be added through
  10. We can maintain multiple currency in FACT
  11. In Fact the default user name is
  12. FACT does not support transfer of stock
  13. In Fact we have to specify the group of the ledger at the time of its creation
  14. It is optional to enter cost centre in inventory issue
  15. Audit Trail facility is available in FACT
  16. AR/AP stands for
  17. We can assign password to the user 'Manager' from
  18. We can assign opening balence to nominal account in Fact
  19. In Sales transaction, we can maintain
  20. To pass a credit note we select
  21. The Net Profit transferred to Balence Sheet in Fact using
  22. We can change document numbering from
  23. Fact Support 4 Inventory valuation method
  24. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  25. To create an item we can maintain measurement unit of
  26. In Document Class the sum of the numbers in the three sagement may be less than 6
  27. In Fact while creating a company we can specify an accounting model at
  28. It is not possibe to create online ledger in Fact
  29. The GL Account which must be created in Fact are known as
  30. It is possible to maintain Memo type voucher