What Kind of Accounting Software Buyer Are You?

By Stephanie Elsen

If you are currently searching for accounting software, it may help to know what kind of buyer you are, so you can get the best results from your search. Web site www.FindAccountingSoftware.com has developed a free tool you can use to prioritize what is important, and use that information to get the best search results. Follow this link to give it a try!

Quiz: What Kind of Accounting Software Buyer Are You?

How to Make Data Entry More Efficient in Accounting Software and Payroll Software

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!

Hidden Gems – Five Treasures in CenterPoint Payroll Software

Thinking about ways to improve your payroll processes? In this post we have uncovered some ‘hidden gems’, features within CenterPoint Payroll Software 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!

  1. Reminders Set up reminders in CenterPoint Payroll to help keep you organized and on time! Set up a reminder to pay your taxes when they are due, change the status of an employee’s benefits after a certain time period, and much more.
  2. Electronic Publish Pay Advice The publish pay advice function provides a secure Web site where employees who receive pay via direct deposit can view an electronic version of their pay check. Employees can quickly access their current and previous pay advice information from any computer that has a connection to the Web. Employers save time, reduce paper waste and decrease the costs associated with mailing pay checks and direct deposit pay advices. (The Publish Pay Advice module is available for purchase as an additional option for CenterPoint Payroll.)
  3. 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.
  4. Customizable reports You have the ability to pull out the information you need, whether requested by auditors, management, or others. CenterPoint Payroll 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!
  5. Time Import If you are storing your time information in one place, and re-entering that data into CenterPoint Payroll, you may want to check out the Time Import function. You can map out exactly which fields of information you want to import, save it as a custom import for just your needs, and then use it every time you want to import pay information. This is a huge time saver! (The Time Import feature is available for purchase as an additional option for CenterPoint Payroll.)

Wondering how to get started using these hidden gems? Call today and we will be happy to help you! 800-732-9464.

Hidden Gems – Seven Treasures in CenterPoint Accounting Software

In this post we have uncovered some ‘hidden gems’, features within CenterPoint Accounting 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!

  1. Split Expenses

    CenterPoint allows you the option of splitting expenses by profit center, location, project and more. You can set up expenses to be split by a percentage to the office, a percentage to the sales department, etc. This is a huge time saver and helps you distribute expenses accurately.
  2. 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.
  3. Amortization Schedule

    Use the CenterPoint Amortization Schedule to calculate interest and principal amounts when planning for loans.
  4. Audit Trail Worksheet

    Use CenterPoint Accounting’s audit trail worksheet within transaction entry to easily determine who entered a transaction, creation date and time, modified date and time, how many times edited, who voided, and much more.
  5. Drill Down from Reports

    Wondering where a number on a report came from? Simply click on that number and you can drill down the source entry.
  6. 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.
  7. 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.