The GL Account which must be created in Fact are known as

A. Control Account

B. GL Account

C. System Control Account

D. None of the above

You can do it
  1. To pass a credit note we select
  2. To create a group while creating P/L Layout we have to press
  3. We can maintain monthly budget through the option Budget under Master
  4. CHECK Cost centre is used for maintaining branch accounting
  5. We can insert a new page while designing P/L Layout by using
  6. In Sales transaction, we can maintain
  7. In Fact the accounting period can be specified for a maximum period of
  8. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  9. FACT supports multiple godown facility
  10. The Net Profit transferred to Balence Sheet in Fact using
  11. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  12. We can change document numbering from
  13. The GL Account which must be created in Fact are known as
  14. In Fact the user can specify the hard disk wher the company data will be stored .
  15. The default user that is created immdiately after creation of company in Fact is 'Admin'
  16. In Fact the Install date can be a date earlier than starting date
  17. The special account created to need cash withdrawal entris from bank is known as
  18. In Fact the default user name is
  19. Fact Support 4 Inventory valuation method
  20. If the Initial name of a company is "PQR", the company data will be stored in
  21. The User can define layout of cash flow in
  22. Customised voucher numbering can be done through _______.
  23. In Fact while creating a company we can specify an accounting model at
  24. AR/AP stands for
  25. Template provides a pre-defined voucher
  26. Fact has been developed by
  27. FACT stores data files under FACT directory
  28. Audit Trail facility is available in FACT
  29. We can maintain multiple currency in FACT
  30. When FACT is installed, the group created is