Checks & Withdrawals

This FAQ will go over how to make a withdrawal or write a check in Paradigm.

Withdrawal

Withdrawals should be used for payments from the bank account that weren’t done via a check, such as an ACH or Wire Transfer.

• To start, go to Banking > Withdrawals and click the green plus button to create a new withdrawal.

• Select the correct bank account and GL department.
• Choose the payee type (Vendor, Customer, Employee, or Other) then select the contact ID for the payment.
• The GL account brought in by default when selecting the vendor is the expense account ID from the vendor’s detail tab.
  • More information on the vendor default expense account can be found here: Vendor Default Expense Account

• Enter the withdrawal amount(s) and the account that it is getting withdrawn from, then click “Post”.
• More than one detail line can be entered to split the amount across more than on GL account, as long as the amounts add up to the withdrawal total at the top.

Bank Account Transfers

To record a bank account transfer in Paradigm, a withdrawal from one bank account to another can be done.

Check

To record checks in Paradigm, go to Banking > Checks and click the green plus button to create a new check.

The same steps as shown in the withdrawal section can be done, along with selecting a check number.