During the month of December, we will be updating the documents used to outline the procedures you will use at year-end. The documents will have instructions on how to access and install tax table updates, close the year, enter transactions in the new year, etc. They also explain where additional information regarding year-end can be located and include answers to the most frequently asked year-end questions received by our Technical Support department. The 2017 year-end documents will be available the week of December 4th.
CenterPoint year-end documents can also be accessed directly from our How2 Documentation. From our web site at www.redwingsoftware.com select Products, under your CenterPoint product, select How2 Documentation. In the Search bar, enter Year-end Frequently Asked Questions.
Red Wing Payroll year-end documents can be accessed directly from our How2 Documentation. Log in to the Red Wing Software web site at www.redwingsoftware.com, select Products > Legacy Products > Red Wing Payroll > How2 Documentation, and then select End of Year > End of Year FAQ.
Note: The links displayed above will display 2016 year-end documents until the week of December 4, 2017.
If you haven’t already started, now is a great time to begin planning for next year. It doesn’t matter what kind of business you’re in; there are things you can do to affect the path and destination of your enterprise.
I’m a firm believer in zero-based budgeting. That doesn’t mean we have to throw away all of our historical data and start from scratch, but what it does is make sure we look at each line item in the budget and give thought to how that line might be different than in previous years.
At Red Wing Software, we know there are some constants that we can count on being relatively stable from year to year. In our case, labor is one of those constants, since we enjoy very little turnover in the fine staff we have assembled. In other areas, for instance marketing, we might make adjustments to the number of trade shows we attend, or the size or placement of ads. We spend a fair amount of time analyzing the major line items to see how we can reduce costs without affecting quality, or increase market share of a particular product, increasing revenue.
Examining every line item when budgeting expenses or projecting revenue (and then regularly comparing actual results to that budget), helps maintain better control of the business throughout the year.
The online Virtual Classroom provides you with in-depth information and explanations that allow you to learn more about CenterPoint from any location where you can access the internet (high-speed internet connection recommended). The training sessions in the Virtual Classroom are presented live by one of our CenterPoint experts. The sessions will also be recorded and sent to you so you can refer to the information afterwards.
Allocation of Production Details for CenterPoint Agriculture
Thursday, November 9, 2017
Customizing CenterPoint Reports
Tuesday, November 28, 2017
Click here to register for these sessions.