Accounting: Automated Check Handling option

Accounting, Knowledge Base, Reports, Setup

To include Automated Check Handling (ACH) data in the GL Summary, the following must be set: In Paladin, from the main menu, select File > Setup. Select the Accounting tab. In the Asset Accounts pane, check Include ACH. Enter the ACH account number in the ACH Account box. Click Save, then click Close. Figure 1: […]

Accounts receivable and sales tax reporting

Accounting, Knowledge Base, Policy, Taxes

Paladin Data Corp’s accounting calculations and reporting methods, including sales tax reporting, follow generally accepted accounting principles (GAAP) and are designed to reconcile all presented data. Understanding the timing of revenue recognition is key to understanding sales tax reporting in Paladin. Investopedia, a global corporate finance and accounting firm, provides the following summary of revenue […]

Microsoft Dynamics GP integration: Create Accounts Payable invoices

Accounting, Knowledge Base, Process

Paladin can transfer your daily accounting totals to your Microsoft Dynamics GP (formerly Great Plains) general ledger and automatically create payable transactions in Microsoft Dynamics GP Enterprise Resource Planning (ERP) software from received purchase orders. This article provides instruction and information on the following: How Microsoft Dynamics GP works About truncation About PO reversal How […]