Thousands of Red Wing Software customers understand the benefits of using agriculture-specific software to manage their farm, rather than using a more basic program. Here are some compelling reasons to think seriously about implementing agriculture-specific farm accounting software instead of a more general program. Keep in mind that agriculture-specific accounting software will include the basics you need such as writing checks, entering payables and receivables, and managing your general ledger. Below are the additional tools Red Wing Software’s CenterPoint Accounting for Agriculture offers to help your farm see its true potential!
Multiple Quantity Inventory Tracking:
While basic programs often don’t allow for any inventory tracking, CenterPoint for Agriculture allows for inventory tracking in multiple quantities, so you can keep better track of your items no matter how you buy or sell them.
Multiple Tax Entities:
Allows you to track multiple tax entities in one database for keeping financial data separate, yet still perform combined business analysis when necessary.
Book, Market, and Tax Asset Value Tracking:
Know the true value of your assets for whatever purpose you choose.
Transaction Distribution to Multiple Accounts:
Easily distribute complex transactions across multiple accounts and production units, for an accurate financial picture.
Information Tracking for Farms, Fields, Landlords, etc.:
Always have access to information at your fingertips about your farm, land, etc. for yourself and your managers, landlords, bankers, and more.
Calculates ratios for your farming operation and shows trends, so you can address issues and become more profitable.
Provides detailed crop and livestock information on a cost per unit basis.
Owners and managers can get in-depth financial analysis with unlimited ability to structure and segment entire operations, profit centers, accounts, and inventories to track data, combine entities, and receive the most relevant farm reporting available today.
Budget and Forecasting:
Gain the ability to create “what if” scenarios for your farm, and you’ll be able to project future sales, cash flow, income statements, and assets and liabilities. You’ll then be able to more accurately plan for future business strategies!
Are you considering moving from paper checks to direct deposit? Many payroll software applications offer direct deposit. The Direct Deposit Option lets you deposit your payroll to employees' personal bank accounts without printing paychecks. There are distinct benefits for your company, your employees, and the environment by moving to direct deposit. Here are five reasons to make the switch!
Help the environment.
What is a printed check if not an expendable piece of paper which costs your organization money, yet lasts only until it makes its way to the bank? By implementing direct deposit, money is transferred electronically, eliminating the need for printed checks. This helps the environment by reducing paper checks, envelopes, and printer ink and wear. According to electronicpayments.org, checks add 3.6 million tons of CO2 to the environment as they travel through the payment cycle!
Save time and money.
Think of the process of printing paychecks. Gather the pay data. Be sure to keep enough checks on-hand. Get the printer ready. Line up the paper. Print and collate the checks. Hand them out or mail them. Keep the ones for the employees not present and remember to hand them out when they are present. Just think of all the steps you can eliminate by sending pay electronically! This saves your company valuable time and money. According to NACHA, small companies can save up to $3.15 per payment per employee by using direct deposit.
No more lost checks.
Nobody is perfect, and that includes employees. With printed checks, there is always the opportunity for lost checks. An employee puts a check in their pocket and forgets about it. Direct deposit eliminates that possibility, saving employers the cost of reprinting checks, and helping employees keep their pay without incident.
Employees love it!
Employees get their money faster. With direct deposit, money shows up in employee accounts seamlessly, as opposed to a paper check which takes time to deposit. People are often busy and don’t deposit their checks right away. No more having to come in on days off to pick up a check. With direct deposit, employees don’t have to worry about getting to the bank on time. Their money is already in their account waiting for them!
Direct Deposit can help protect you from losses incurred by fraud because of counterfeit, forged or altered checks. This subject is important now more than ever, and direct deposit is a simple way to improve security.
Adding direct deposit is a win for your company, your employees, and the environment. Implement direct deposit today and give yourself a pat on the back for a job well done!
Find more information about the benefits and cost savings of direct deposit, visit this page:
CenterPoint Payroll Software offers direct deposit. Learn more by clicking here.
When you search for things on the internet, do you ever wonder how those “Sponsored Ads” appear alongside the regular search results? Those ads are in fact paid advertisements. Companies pay for ads that show up based on the words people type in, or based on the content people are looking at. Companies use pay per click advertising as a way to draw people to their Web site. Here is a very general overview of how it works:
- You choose the keywords you want people to find your ads with.
- You write ads that match up with the keywords.
- You pay only when people click on your ads.
Of course, there is quite a lot more to it than this, but this is the general idea. There are many different pay per click marketing programs available. Google’s program is called “Google AdWords”.
The good thing about pay per click marketing is that you get to choose how people find you, and you only pay when somebody clicks on your ad. However, if you do try pay per click marketing, be sure to be specific enough in your efforts that you don’t get meaningless clicks, yet not too specific that you don’t get any clicks at all. The key is to find a good balance between those two.
To learn more about Google AdWords pay per click marketing programs, visit this link: