Notes from the President

Ken Hilton - President Red Wing Software

I have just three short notes for you this month:
First, I hope everyone had a joyous holiday season.
Second, January has historically been the busiest month here at Red Wing Software. With everyone closing their 2023 books, beginning 2024, and ensuring their payroll information is up to date, our support lines light up. We have prepared internally for this by getting everyone ready to answer your calls. You can ensure that you have a smooth transition to the new year by reviewing the documents available in the online help, and in this newsletter, that answer frequently asked questions about your software. You can also get additional information by visiting the Help section on our website. Please take advantage of the great documents our Technical Writer, Connie, provides to help make using your software easier.
Finally, I thank our dedicated Red Wing Software team members, our loyal customers, and our hard-working partners and vendors for a successful 2023. I wish everyone a happy, safe, and successful New Year.

Important 2024 Tax Table Update Information

On December 20, 2023, Red Wing Software released the first 2024 tax table update. Please download and install this update prior to your first pay run of 2024.

What's Included in the Update?
CenterPoint Payroll 2024 Tax Table Update version 18.12 - All required Federal and FICA tax changes effective January 1, 2024, and the FICA Wage Base Limit change to $168,600, as well as 2024 State tax changes received by December 19, 2023. To view the tax changes and download the 2024 Tax Table Update, check our website for current information.
Important notice for Colorado, Iowa and Montana: These states significantly changed their tax calculations. Prior to running your first pay run of 2024, we recommend verifying your employee tax setup. Check with your state Department of Revenue for more details.
To verify your employee setup:
Install the version 18.12 tax table update.
Open CenterPoint Payroll.
Select Setup > Employees.
Edit an employee and select the Taxes tab.
Select your state withholding tax and verify the 01/01/24 Tax Detail setup on each employee.

Year-End Procedures

Software Program Year-End FAQ Document
CenterPoint Accounting for Agriculture Click Here
CenterPoint Accounting Click Here
CenterPoint Fund Accounting Click Here
CenterPoint Payroll Click Here

Subject to change prior to year-end.

CenterPoint year-end documents can also be accessed directly from the Help section. From our website at www.redwingsoftware.com, select Menu. Under your CenterPoint product, select Help. In the Search bar, enter Year-end Frequently Asked Questions or by logging into our website at www.redwingsoftware.com from the My Account Home page, select End of Year.

Employees Can Opt to Receive Pay Information Via Text!

We are excited to announce the release of CenterPoint Time Clock web version 3.03 and CenterPoint Publish Pay Advices web version 2.05. This update includes new functionality that will allow your employees to sign up for and receive text notifications for time clock and pay advice service functions. Prior to this update, all CenterPoint Payroll Web Service notifications were only sent via email.
Please inform your employees about this exciting new feature. Employees can enable text notifications by selecting User > Settings (upper-right corner), clicking Change next to Text Notifications, and following the on-screen instructions. Note: Email and text notifications can be enabled/disabled individually in Settings.