The Net Profit transferred to Balence Sheet in Fact using

A. Defined Total

B. Net Total

C. Opening P/L Balence

D. None of the above

You can do it
  1. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  2. Customised voucher numbering can be done through _______.
  3. When Fact is installed for the first time we have to enter a blank company to creat a new company
  4. When FACT is installed, the group created is
  5. In Fact while creating a company we can specify an accounting model at
  6. FACT does not support transfer of stock
  7. The GL Account which must be created in Fact are known as
  8. In Fact the user can specify the hard disk wher the company data will be stored .
  9. In Fact the additional information in transaction can be added through
  10. The User can define layout of cash flow in
  11. FACT supports ____ number of users
  12. CHECK Cost centre is used for maintaining branch accounting
  13. In Fact the accounting period can be specified for a maximum period of
  14. In Fact the default user name is
  15. We can insert a new page while designing P/L Layout by using
  16. Audit Trail facility is available in FACT
  17. Fact Support 4 Inventory valuation method
  18. It is not possibe to create online ledger in Fact
  19. The Net Profit transferred to Balence Sheet in Fact using
  20. The special account created to need cash withdrawal entris from bank is known as
  21. New rights can be applied to
  22. An account with an opening balence can be deleted in Fact
  23. We can maintain monthly budget through the option Budget under Master
  24. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  25. It is possible to maintain Memo type voucher
  26. In Document Class the sum of the numbers in the three sagement may be less than 6
  27. Template provides a pre-defined voucher
  28. The 'Bill Terms' option in Fact is used to record
  29. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  30. Fact has been developed by