Upon installation, there are default GL accounts set up in Paragon. If there are accounts missing that you require for your financials, this article will explain how to create them. Once they are created, they must be linked to different transactions in order for the system to know when to debit and credit the account.
You can access the GL module by hitting the more button at the bottom right corner of the screen.
Then, hit the GL button.
You will be brought to the GL module, which shows the list and structure of accounts that are currently set up.
Hit the add button at the top left-hand corner to create the new GL account.
To fill out the account number, click on the field. In Paragon, you can choose to number your accounts using any format you desire (ex: 220.127.116.11, 1000, 1-0-0-0).
To fill out the account name, click on the field.
When you are ready to create this new GL account, hit the save button at the bottom right-hand corner.
When you have hit save, you will be brought back to the list view of the GL module. The account you just created will appear in the list on the left-hand side of the screen.
If you take a look at the parent account, you'll notice that the newly created account as well as all other sub-accounts previously created are indicated under the heading sub-accounts.
If you have opted to disable posting into parent accounts, you will be given this notification when you create a new sub (or child) account and a parent account is found in your GL link setup: