By Stephanie Elsen
If you spend any time out on the Web, you know there are plenty of opportunities to provide reviews for almost any of the products you use. Accounting Software is no exception. If you have experience using Red Wing Software products, we want to hear what you have to say! Here are some of the most popular places to submit your review for Red Wing Software.
- Google: If you write a review on Red Wing Software’s Google page, people who find the listing during a Google search will be able to view the review. Visit Red Wing Software’s Google Page to write your review! (By the way, you can also set up your own company’s Google page, so your customers can submit reviews for you.)
- Capterra:This Web site and its staff are dedicated to helping businesses find the right software. If you submit a review here, other people who are searching for software will be able to see what real users think. Please click on the link of the product you wish to review. Once on the page, click on “Rate this software.”
- Yelp:This whole Web site is dedicated to letting people give their opinion to the public about companies.
So, let your voice be heard and let others know what to expect when becoming a Red Wing Software customer.
Adam from FindAccountingSoftware.com checks in about searching for the right payroll software, and the benefits it can offer.
http://findaccountingsoftware.com/focus-on-functionality/payroll-software-manage-your-payroll-with-the-right-software/
By Red Wing Software
Overhead expenses are those production and non-production costs not readily traceable to specific profit centers or production center details. Although overhead expenses are not directly related to any specific area of your business, they do play a part in the profitability of each area. Account distributions can be used to automate the process of expensing overhead to profit centers or production center details.
Expenses can be distributed by percentage, by acre or by head, and can be distributed at the time the expenses are entered or later when you know exactly how they should be distributed. A distribution can be set up that distributes all overhead expenses, or distributions can be set up for various scenarios. For example, you could distribute utility costs to the various entities of the business. Distributions can also be used to distribute unallocated revenue, such as a government ag payment.
EXAMPLE:
Overhead expenses, such as insurance expenses, will be distributed to all profit centers based on each profit center’s percent of total gross revenue. In our example, dairy is 55% of the operation. Crop is 45% with two crops of corn (60%) and soybeans (40%).
If the insurance bill is $1,000:
- $550 insurance expense would be allocated to dairy.
- $270 insurance expense would be allocated to corn.
- $180 insurance expense would be allocated to soybeans.
Allocate your overhead expenses correctly with account distributions, and you’ll have a better idea about your true product costs.
By Stephanie Elsen
There are two things you know for sure about payroll. 1. Employees want their checks on time. 2. The government wants to receive their tax payments on time. Both are serious and important reasons for choosing wisely when selecting payroll software or a payroll service. Making the mistake of choosing the first or cheapest payroll option can result in frustration, and more importantly can hinder your ability to pay employees and the government on time! Here are some real things to look for when searching for a payroll company.
Service. Are you frequently in a hurry to get payroll completed? Many businesses are! What happens when you run into a problem the day that you are doing payroll? Maybe, at the last minute, you need to set up a brand new pay code or an employee garnishment and you need some help. Who will be there to help you? Be sure you choose a payroll company that offers excellent service. And make sure that service team is available and knows what they are doing! While you are sitting there reading this blog post, it might not seem important. But when the time actually comes, you will be thankful for choosing a payroll company that can really help you when you need it.
Options for paying employee taxes. You need to pay employee taxes by a certain date. If not, your company will be faced with dreaded fines! Be sure you can get the information you need out of your payroll system, so that you can send tax payments to the appropriate party in a timely manner. More and more states are requiring tax filing to be done online, instead of via printed forms. Make sure you have the options within your payroll software that can help you accomplish this!
Of course features are also extremely important within your payroll software or system. Once you find a payroll system that has all the features you need, be sure that company can also provide the service and tax filing capabilities you need to pay your employees and make tax payments in a timely manner!
By Stephanie Elsen
Thousands of companies nationwide are using CenterPoint Payroll Software, and there are also many companies that administer 401K/Roth investments dollars. Employers need to report employee 401K/Roth deductions and the employer matching benefits to these plan administrators. The plan administrator normally prefers to get the employee and employer matching dollars reported on a pay period or monthly basis in a unique CSV or Excel file format. The required file formats can vary among different 401K management companies. If you need to pull out a unique set of data, how will you handle it?
Red Wing Software has a tool available for use with CenterPoint Payroll that allows the Red Wing Software staff to create a file export to match your 401K/Roth administrator’s unique format. If you need a custom export for your 401K, give us a call to discuss whether the tool would work for you. Our standard tool can handle 90%+ of custom 401K exports. However if the file format required by your 401K administrator is more complex than normal, we still may be able to help. Contact Red Wing Software to learn more! Call 800-732-9464 or e-mail info@redwingsoftware.com.