FACT stores data files under FACT directory

A. True

B. False

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You can do it
  1. New rights can be applied to
  2. The Net Profit transferred to Balence Sheet in Fact using
  3. To pass a credit note we select
  4. We can assign password to the user 'Manager' from
  5. FACT supports multiple godown facility
  6. In Fact while creating a company we can specify an accounting model at
  7. To create an item we can maintain measurement unit of
  8. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  9. In Fact we have to specify the group of the ledger at the time of its creation
  10. CHECK Cost centre is used for maintaining branch accounting
  11. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  12. It is not possibe to create online ledger in Fact
  13. In Sales transaction, we can maintain
  14. It is possible to maintain Memo type voucher
  15. In Fact the additional information in transaction can be added through
  16. We can maintain multiple currency in FACT
  17. Fact has been developed by
  18. We can insert a new page while designing P/L Layout by using
  19. We can Copy Master from one company to another company with ____________________ option.
  20. In Fact the user can specify the hard disk wher the company data will be stored .
  21. Customised voucher numbering can be done through _______.
  22. The 'Bill Terms' option in Fact is used to record
  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. FACT does not support transfer of stock
  26. We can assign opening balence to nominal account in Fact
  27. The default Filter in Fact is
  28. To create a group while creating P/L Layout we have to press
  29. We can assign rights to the user
  30. In Fact the default user name is