- Home
- Accounting
Accounting
Track Discounts in GL
This FAQ will go over how to enable and use the “Track Discounts in General Ledger” option. When this is...
Closing A Fiscal Year
This FAQ will go over how to close a fiscal year. Closing a fiscal year is a process that is...
Create GL Accounts
This FAQ will go over how to create GL accounts in Paradigm. Information on journal entries can be found here:...
Cost Methods
This FAQ will go over the different costing methods for inventory items. Cost methods can be chosen by going to...
Checks & Withdrawals
This FAQ will go over how to make a withdrawal or write a check in Paradigm. Withdrawal Withdrawals should be...
Average Cost Calculation
An item’s average cost is calculated as its [total value remaining in inventory] divided by the [total stock quantity]. Transactions...
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...
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...