Upon installation, you will need to define your financial periods in Paragon. The following document explains how to set up your fiscal year dates and periods.
From any screen in Paragon, hit the settings button.
Under the financials card, hit GL periods.
To create a new fiscal year (in this case the first fiscal year in Paragon) hit the create new fiscal year button at the top left hand corner of the screen.
The following screen will appear, asking you to fill out your year-end and whether you use 12 or 13 GL periods.
First, confirm your year-end using the calendar button.
Then, indicate if you use 12 or 13 periods by hitting the drop-down menu.
To accept your settings and create the GL periods, hit the accept button.
You can cancel at any time before hitting the accept button by hitting the cancel button. If you do this, you will not create new GL periods.
Once you hit the accept button, you'll be brought back to the main screen and you GL periods will automatically be set up based on your preferences.