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While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence depanding on the type of the account

A. True

B. False

You can do it
  1. The GL Account which must be created in Fact are known as
  2. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  3. AR/AP stands for
  4. FACT stores data files under FACT directory
  5. In Fact we have to specify the group of the ledger at the time of its creation
  6. CHECK Cost centre is used for maintaining branch accounting
  7. In Fact the user can specify the hard disk wher the company data will be stored .
  8. In Fact while creating a company we can specify an accounting model at
  9. If the Initial name of a company is "PQR", the company data will be stored in
  10. We can Copy Master from one company to another company with ____________________ option.
  11. The User can define layout of cash flow in
  12. Template provides a pre-defined voucher
  13. In Fact the Install date can be a date earlier than starting date
  14. In Sales transaction, we can maintain
  15. We can assign rights to the user
  16. In Fact the accounting period can be specified for a maximum period of
  17. To create an item we can maintain measurement unit of
  18. Audit Trail facility is available in FACT
  19. We can maintain monthly budget through the option Budget under Master
  20. It is possible to maintain Memo type voucher
  21. We can maintain multiple currency in FACT
  22. The default Filter in Fact is
  23. In Fact the default user name is
  24. When FACT is installed, the group created is
  25. The 'Bill Terms' option in Fact is used to record
  26. To pass a credit note we select
  27. In Document Class the sum of the numbers in the three sagement may be less than 6
  28. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  29. We can change document numbering from
  30. When Fact is installed for the first time we have to enter a blank company to creat a new company