1. When selecting how customers will be processed and you select Balance Forward, each invoice will have a payment attached to it. TRUE OR FALSE
2. After you have created your company, which tab can be used to edit the company information?
3. When setting up users and passwords, the Supervisor and View Only groups can be changed or removed. TRUE OR FALSE
4. It is possible go copy permissions from a group or a user by clicking on the Copy from Group or Copy from other User button. TRUE OR FALSE
5. What Tax type will be used when processing fuel or basic foodstuff, e.g. brown bread, maize meal, etc.
6. VAT that is paid by your company when purchasing services and goods which will be sold to customers is called input tax while services and goods which are sold to customers and the VAT charged on it is called output tax. TRUE OR FALSE
7. Any transactions that are backdated to a closed period will automatically form part of the next VAT period. TRUE OR FALSE
8. In South Africa, it is required by law that you enter the custormer's VAT number on an invoice if the amount is over ______?
9. Goods Received Notes (GRNs) allow you to process the purchase immediately upon arrival. TRUE OR FALSE
10. Select whether the options below are either Perpetual Stock or Periodic Stock.
In this method, the inventory control account and cost of sale account are not updated when sales are made. You need to update these accounts manually on a periodic basis.
11. Select whether the options below are either Perpetual Stock or Periodic Stock.
In this method, the inventory control account and cost of sale account are not updated when sales are made. You need to update these accounts manually on a periodic basis.
12. You can change an item from a physical to a service item and vice versa at any time even if you have processed using that item. TRUE OR FALSE
13. Sage Pastel Partner V18 automatically backs up your data upon exiting the program. TRUE OR FALSE