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Accounting
Average Cost Calculation
An item’s average cost is calculated as its [total value remaining in inventory] divided by the [total stock quantity]. Transactions...
Creating GL Departments
GL departments are used to allocate postings into separate divisions within a single GL account, and are most commonly used...
How to Mark Items as Taxable and Nontaxable
This FAQ will go over how to mark items as taxable, nontaxable, and how to handle some special cases. Marking...
Sales Tax Code Set Up
This FAQ will go over how to set up tax codes in Paradigm. Another way tax codes can be set...
Month End Close
This FAQ will go over the recommended month end closing procedures for Paradigm. Unposted Transactions Bank, Credit Card, and Undeposited...
How to Do a Book-to-System Inventory Valuation Adjustment
Throughout the course of business, it is possible for the value of inventory on the valuation report to diverge from...
Store Use Items
When items are consumed from inventory by a company’s own use, use tax is typically owed on the cost of...
Report Preview
When viewing a report, there a couple different options when saving or navigating through it. More information on running reports...
Report List
The report list is where summary and financial reports can be found. These reports are typically high-level company reports like...
Journal Entry Import Format
General ledger journal entries can be imported into Paradigm from a .csv text file. The import file has two different...