Home

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

Please do not use chat terms. Example: avoid using "grt" instead of "great".

You can do it
  1. Template provides a pre-defined voucher
  2. In Fact while creating a company we can specify an accounting model at
  3. To create an item we can maintain measurement unit of
  4. FACT supports multiple godown facility
  5. We can assign opening balence to nominal account in Fact
  6. In Fact the default user name is
  7. When Fact is installed for the first time we have to enter a blank company to creat a new company
  8. The special account created to need cash withdrawal entris from bank is known as
  9. The default user that is created immdiately after creation of company in Fact is 'Admin'
  10. It is optional to enter cost centre in inventory issue
  11. Fact Support 4 Inventory valuation method
  12. The Adit Trail features in Fact, stores
  13. The 'Bill Terms' option in Fact is used to record
  14. To pass a credit note we select
  15. We can assign rights to the user
  16. We can assign password to the user 'Manager' from
  17. Fact has been developed by
  18. If the Initial name of a company is "PQR", the company data will be stored in
  19. AR/AP stands for
  20. We can maintain multiple currency in FACT
  21. We can insert a new page while designing P/L Layout by using
  22. In Fact we have to specify the group of the ledger at the time of its creation
  23. CHECK Cost centre is used for maintaining branch accounting
  24. It is possible to maintain Memo type voucher
  25. To create a group while creating P/L Layout we have to press
  26. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  27. FACT supports ____ number of users
  28. The User can define layout of cash flow in
  29. In Fact the user can specify the hard disk wher the company data will be stored .
  30. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat