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When Fact is installed for the first time we have to enter a blank company to creat a new company

A. True

B. False

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You can do it
  1. It is optional to enter cost centre in inventory issue
  2. In Fact while creating a company we can specify an accounting model at
  3. The default user that is created immdiately after creation of company in Fact is 'Admin'
  4. In Fact the default user name is
  5. We can maintain monthly budget through the option Budget under Master
  6. We can assign password to the user 'Manager' from
  7. While entring opening balence of account, Fact autometically recognise if it is Dr. Balence or Cr. Balence…
  8. Fact has been developed by
  9. Audit Trail facility is available in FACT
  10. The special account created to need cash withdrawal entris from bank is known as
  11. It is not possibe to create online ledger in Fact
  12. It is possible to specify invoice-wise details of the opening balence of debtors in Fact
  13. Template provides a pre-defined voucher
  14. In Document Class the sum of the numbers in the three sagement may be less than 6
  15. In Sales transaction, we can maintain
  16. In Fact the additional information in transaction can be added through
  17. An account with an opening balence can be deleted in Fact
  18. AR/AP stands for
  19. We can Copy Master from one company to another company with ____________________ option.
  20. When FACT is installed, the group created is
  21. CHECK Cost centre is used for maintaining branch accounting
  22. We can assign rights to the user
  23. The User can define layout of cash flow in
  24. In Fact the user can specify the hard disk wher the company data will be stored .
  25. In Fact the accounting period can be specified for a maximum period of
  26. We can change document numbering from
  27. FACT stores data files under FACT directory
  28. When Fact is installed for the first time we have to enter a blank company to creat a new company
  29. To pass a credit note we select
  30. The Net Profit transferred to Balence Sheet in Fact using