by Stephanie Elsen
CPA Practice Advisor has released its 2012 Review of Professional Payroll Systems. Only ten systems were reviewed this year, and Red Wing Software's CenterPoint Payroll was one of them! Read the complete review by clicking on the link below!
CPA Practice Advisor 2012 Review of Professional Payroll Systems
by Stephanie Elsen
You may have seen my name before on Red Wing Software’s company blog, Facebook page, or elsewhere. I handle the Web marketing at Red Wing Software; I also answer the phones on occasion. I have been at Red Wing Software for about 8 years. It is a wonderful place to work, and frankly I love it here. By day, you will find me writing articles, Web copy, blog posts, and talking to customers now and then too. But in my spare time, I have a passion for the wonderful sport of hockey. And my 13 year old son, Luke, is my favorite player.
I know it’s a little overdone to be a Minnesotan and love hockey. But every single hockey game is so full of action and excitement. I try not to miss any of my son’s games or tournaments, and they fill nearly every weekend (and some week nights) from October to March.
Since my son was little, I’ve tried my best to play hockey along with him, shooting on each other in the basement or driveway. One time I even planned a ‘parents vs. kids’ tournament. And I fell and broke my ankle before the game even started. (I never said I was a good player!) But I still love the game and even make it to as many Minnesota Wild games as I can each season.
Stephanie and Luke, Tubing in Hudson, Wisconsin
By Stephanie Elsen
This infographic is a visual depiction of ten steps for a successful accounting software search. The search for accounting software can indeed be a wild, wild quest! Using these ten steps can help keep you on track in your search, and help you find the right product for your business. We encourage you to share this infographic.
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by Stephanie Elsen
As an accounting and payroll software development company, we talk to customers everyday who are looking to make data entry processes more efficient. Thankfully Red Wing Software products have the capability of helping in various ways. Use these features to avoid data errors and increase data entry efficiency!
Time Clock/Time Capture Tools
Using time clocks or other time capture tools can decrease the amount of time spent processing payroll. Instead of entering data by hand, you import the data that has been collected in the time clock or other device, directly into your payroll software. You can map the fields of information you need to import to your payroll software, so that only the information you desire is imported along with the time.
Copy from Previous and Recall
When entering new information into the system, make use of the recall, recurring and copy functionality instead of entering the data manually. These tools provide a way for you to copy from data that’s already in the system. Consider how many similar transactions, employees, customers, and more that you enter over the year, and you will see why this is such a time-saving feature!
Mass Update
If there is a piece of information you need to update for a wide variety of records, you can use the mass update function to save significant time! One example is the updating of vendors to be marked as 1099 vendors. If you need to update several vendors at once, use the mass update tool! It allows you to see a list of vendors available, pick from a list which ones to change, and then make those changes all at once. The same update function is available for employees, customers, vendors and other master files.
Whether you are using Red Wing Software or other accounting and payroll software, using these functions can save time and make your work more efficient!
CenterPoint Accounting for Agriculture is rich with features that can help you and your operation. In this post we have uncovered some ‘hidden gems’, features within CenterPoint Accounting for Agriculture that you may not currently be using, but that can help you and your business. These are features that our customers and the Red Wing Software support team have described as valuable, yet you may not be aware they are available. They are actually not at all hidden, but readily available within the program for you to use!
- Split Expenses CenterPoint allows you the option of splitting expenses by enterprise and expense. You can set up expenses to be split by a percentage to the office, a percentage to the farm, etc. This is a huge time saver and helps you distribute expenses accurately.
- Ratio Analysis Bankers have been using ratio analysis for years, and now you can use the same technology to analyze how your farm is doing, and compare to how other farmers are doing. CenterPoint makes it easy to generate this type of information and use it to improve your operation. (The Ratio Analysis module is available for purchase as an additional option for CenterPoint Accounting for Agriculture.)
- Customizable Transaction Entry Make transaction entry much easier by only stopping on fields where you enter data often. CenterPoint also allows you to add, remove and sort columns on the transaction entry screen for quicker and easier entry.
- Reminders Set up reminders in CenterPoint Accounting to help keep you organized and on time! Reminders can be set up as “Conditional Balance Reminders” that tell you when you checking balance goes below a certain number, ”Payable Reminders” that remind you to pay your accounts payable invoices, “Scheduled Reminders” that let you setup any kind of a reminder for a certain day to pay rent, maintain your equipment, and more.
- Amortization Schedule Use the CenterPoint Amortization Schedule to calculate interest and principal amounts when planning for loans.
- “What-If” Scenarios Gain control of your finances by creating “what-if” scenarios in CenterPoint Accounting for Agriculture. This powerful feature allows you to project future sales, cash flow, income statements, assets and liabilities. You can compare “what-if” budgets with actual and projected figures for years into the future. Once you start tracking this information consistently, your farm operation will begin to operate more smoothly and profitably.
- Customizable reports You have the ability to pull out the information you need, whether requested by auditors, management, or others. CenterPoint makes it easy with the ability to modify reports, or even create a custom report from scratch. No need to be a programmer; the custom report tools are built for all users!
Wondering how to get started using these hidden gems? Call today and we will be happy to help you! 800-732-9464.