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Accounting Today offers Resources and DOMA Information

clock July 2, 2013 11:31 AM by author StephanieE

Accounting Today has made a list of helpful resources available to learn more about the DOMA decision and what it could mean for accountants and financial planners.

7 Tips for Improving Cash Flow

clock June 19, 2013 8:12 AM by author StephanieE

Simple tips for cash management!

The Marketplace Fairness Act of 2013

clock June 5, 2013 8:22 AM by author StephanieE

Is your business prepared for the sales tax changes associated with the Marketplace Fairness Act of 2013? 

Will Using a Budget Help You?

clock May 7, 2013 8:17 AM by author StephanieE

By Stephanie Elsen

Will Using a Budget Help You?

Budgeting is an estimation of the revenue and expenses for your company over a specified future period of time. In order for your budget to benefit you, it needs to be monitored on a regular basis.

Budgeting lets you look at “what-if” scenarios. What if you purchased a new asset? What would be the change to your cash flow? This enables you to make smarter buying decisions.

So yes, a budget can definitely help you! All CenterPoint Accounting Software products contain budgeting capabilities. If you are interested in getting help setting up and using budgets in CenterPoint, call your Customer Care support number, and the support experts will be happy to help you!


Accounting Software – Signs You Are Outgrowing Yours

clock April 26, 2013 8:33 AM by author StephanieE

By Stephanie Elsen

Accounting Software – Signs You Are Outgrowing Yours

Sometimes things happen so gradually that we hardly realize they are happening. Life happens, and one day we realize we’ve gained a few pounds, our house needs to be painted, and the car needs a tune-up... A similar thing can happen in business with your accounting software system!

Freeze-ups and lock-outs

If your current accounting system keeps on locking you out or freezing up, it may be because you are outgrowing its data limitations. It could be the number of inventory items, transactions, and years of history or a combination of things. Once you have outgrown your system’s capacity, it’s hard to keep it working efficiently and it may be time to search for something new.

Workarounds are the norm

When your needs become more than your accounting system can handle, you may start to use workarounds to accommodate your system needs. The more workarounds you create and use, the more manual work you create for yourself. After a while your workarounds become your norm, and you may not even realize how much time is spent on them. A new system that is more suited to the way you need to handle your accounting could really shave some manual work out of your day.

Like the purchase of your vehicle, no accounting system lasts forever. An upgrade to your current system or a completely new system will eventually be needed to keep up with your growing business. Though a transition may be difficult, it is worth it in the end.


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