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When Fact is installed for the first time we have to enter a blank company to creat a new company

A. True

B. False

You can do it
  1. In Fact the default user name is
  2. FACT supports multiple godown facility
  3. We can assign password to the user 'Manager' from
  4. We can assign opening balence to nominal account in Fact
  5. It is possible to maintain Memo type voucher
  6. Fact Support 4 Inventory valuation method
  7. In Fact the Install date can be a date earlier than starting date
  8. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  9. The Net Profit transferred to Balence Sheet in Fact using
  10. We can maintain multiple currency in FACT
  11. AR/AP stands for
  12. FACT does not support transfer of stock
  13. In Fact while creating a company we can specify an accounting model at
  14. We can change document numbering from
  15. We can insert a new page while designing P/L Layout by using
  16. When Fact is installed for the first time we have to enter a blank company to creat a new company
  17. An account with an opening balence can be deleted in Fact
  18. In Document Class the sum of the numbers in the three sagement may be less than 6
  19. If the Initial name of a company is "PQR", the company data will be stored in
  20. Audit Trail facility is available in FACT
  21. We can assign rights to the user
  22. To create an item we can maintain measurement unit of
  23. In Fact the accounting period can be specified for a maximum period of
  24. It is optional to enter cost centre in inventory issue
  25. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  26. The User can define layout of cash flow in
  27. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  28. To pass a credit note we select
  29. The GL Account which must be created in Fact are known as
  30. The default Filter in Fact is