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We can maintain multiple currency in FACT

A. True

B. False

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  1. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  2. In Document Class the sum of the numbers in the three sagement may be less than 6
  3. Customised voucher numbering can be done through _______.
  4. The User can define layout of cash flow in
  5. In Fact the Install date can be a date earlier than starting date
  6. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  7. It is not possibe to create online ledger in Fact
  8. We can assign opening balence to nominal account in Fact
  9. The GL Account which must be created in Fact are known as
  10. The default user that is created immdiately after creation of company in Fact is 'Admin'
  11. We can assign password to the user 'Manager' from
  12. The Adit Trail features in Fact, stores
  13. New rights can be applied to
  14. An account with an opening balence can be deleted in Fact
  15. In Fact while creating a company we can specify an accounting model at
  16. FACT does not support transfer of stock
  17. AR/AP stands for
  18. To pass a credit note we select
  19. We can assign rights to the user
  20. Fact Support 4 Inventory valuation method
  21. To create a group while creating P/L Layout we have to press
  22. FACT supports ____ number of users
  23. We can maintain multiple currency in FACT
  24. CHECK Cost centre is used for maintaining branch accounting
  25. In Fact we have to specify the group of the ledger at the time of its creation
  26. When FACT is installed, the group created is
  27. In Fact the user can specify the hard disk wher the company data will be stored .
  28. In Sales transaction, we can maintain
  29. In Fact if we set 'No Code Mode' to 'Yes', we will be able to specify code for the master that you creat
  30. It is optional to enter cost centre in inventory issue