GL
Adding non-trade items to transactions
Introduction When it comes to running your business, you may want to use Paragon to keep track of your non-trade expenses such as utilities. internet or rent. That's why Paragon includes the option to add non-trade items to transactions by allowing ...
Print the GL Balances Report
Introduction Standardized financial reports may give you a snapshot of your business’ financial health, but aren’t as useful for analyzing and investigating the activity within each GL account down to the journal level. Paragon’s GL balances WIGO ...
Importing GL opening balances into Paragon
Introduction Importing the opening balances in ParagonERP refers to importing the monetary amounts that are being rolled over into a new accounting period for any one of your GL chart of accounts. You would want to import any outstanding balances ...
Setting up GL links
Introduction After you've created all your GL accounts, they need to be linked to different transactions. This needs to be set up for the system to know when to debit and credit each of your GL accounts based on the transactions you create. If you ...
Setting up GL accounts
Introduction 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 ...