By Stephanie Elsen
Are you searching for a payroll solution to handle your company’s growing needs? If so, you are not alone! We talk to businesses every single day who are seeking a better way to manage their payroll processes and tax filing. About 380 people each day search the internet with the term ‘payroll software’. That’s a lot of searches! So how do you know if you’ve come to the right place? Consider these figures about those who benefit from our payroll software.
- About 33% have outgrown their basic payroll software. Perhaps your system has hit its limit on number of employees or years of history? Maybe you got new computers and the old software system you are using won’t work with them, or you are losing support for an older system. We talk to people every day with these issues, and our newer technology and no cap on number of employees, years of history, and other data can help tremendously!
- About 27% need specific features to accommodate their business needs. Whether it’s the management of payroll in multiple states, pay by piece rate, different pay types for an employee during the same pay period, or MANY more features, CenterPoint Payroll Software can fulfill those needs! If you have a specific feature that is missing from your current payroll software, just ask us. There is a good chance CenterPoint can handle it and make your life so much easier!
- 27% are new businesses. Whether your business is small or large or in between, it is special and can have unique payroll needs. Restaurants need a system to help manage employee tips, farms may need to manage piece rate for the picking of produce, and accountants need to manage after the fact payroll. All of these (and many more) are important features yet can typically not be managed with basic payroll software. That’s why so many new businesses start out with CenterPoint Payroll Software.
- 13% or so are cutting costs or bringing their payroll back in-house. Using a payroll service is popular and those who like it should stay with it! But for those wishing to bring their payroll back in house, CenterPoint is an excellent option. Some companies want to save money, and some want to gain control of their payroll. If you would like to check into those options, be sure to keep CenterPoint Payroll Software on your list of options.
Red Wing Software and CenterPoint Payroll Software help thousands of businesses manage their payroll efficiently and for less money. To see if we have a good fit for you, please call 800-732-9464 or e-mail: info@redwingsoftware.com.
By Stephanie Elsen
With all the changes happening in healthcare, such as the 2013 Patient Protection and Affordable Care Act, your payroll solution must accommodate those changes. What are the steps you have in place to be sure your payroll complies with the mandated changes?
If you are using a reputable payroll software system or payroll service, they should be managing the changes to your software, so that you are aware and able to stay current with those changes. However, if you are using an older system or managing payroll by hand, these changes will be extremely difficult to stay on top of and manage.
CenterPoint Payroll Software stays current with these changes. So do many other payroll software programs and services. As 2013 approaches, be sure you are covered for the upcoming year and the looming changes.
By Stephanie Elsen
If you are currently using an accounting software program and are thinking about moving to Red Wing Software’s CenterPoint Accounting Software, an important consideration is which of your current data can be brought into CenterPoint Accounting Software, and what is the process for transferring that data. This post explains how that works.
What will Transfer
Providing you can pull out the data from your current system in a compatible format, you should be able to bring all master record information into CenterPoint. When importing your master file information, the only required field is the ABBREVIATION. This will be the unique identifier for that customer or vendor, etc. All other fields of information are optional.
| Customer information | Vendor information |
|---|
| Abbreviation |
Abbreviation |
| First Name |
First Name |
| Middle Initial |
Middle Initial |
| Business Name/Last Name |
Business Name/Last Name |
| Address Line 1 |
Address Line 1 |
| Address Line 2 |
Address Line 2 |
| Address Line 3 |
Address Line 3 |
| City |
City |
| State |
State |
| Zip Code |
Zip Code |
| Phone |
Phone |
| Cell Phone |
Cell Phone |
| E-mail |
E-mail |
| Terms |
Terms |
| Default A/R Account |
Default A/P Account |
| Customer Since |
Is a Business |
| Is a Business |
Fax |
| Sales Tax |
Contact Federal Tax ID |
| Shipping Method |
State Tax ID |
| Fax |
Memo |
| Contact |
|
These are the parameters for what can be brought into CenterPoint for Accounts Receivable and Accounts Payable. You can also import your master data into the General Ledger, Payroll, Budgets, Inventory Items and more. As for what can be brought in, again all master record file information can be imported into CenterPoint.
How the DataTransfer Process Works
Any importing of data, no matter where it comes from, is done with the help of the Red Wing Software support team. You extract the information you wish to transfer from your system and provide it in Excel (.CSV or .XLS) file format. The Red Wing Software support team takes that information and maps it into the CenterPoint System for you. We can start up a new database for you, but we recommend that you have CenterPoint installed and set up before we transfer your data into the system for you. We find most customers prefer to start the system setup themselves with such basic information as sales taxes, shipping methods, terms and accounts that most businesses would use.
When the data import is complete, Red Wing Software staff will assign your information to the specified destination within CenterPoint, and provide you a completed import file, which you then use to restore your CenterPoint system. Your system will then be populated with your data. Please call Red Software for more details.
The IRS has published information regarding a Medicare tax calculation change that will start January 1, 2013. The change does not take effect until an employee has reached a certain wage limit, and once that limit is reached there is an additional .009 (nine-tenths of one percent) Medicare tax withheld from the employee’s wages. The employer wages are not affected, only the employee. Any type of wages or benefits that presently are subject to Medicare tax will be subject to this additional .9 percent for all wages and benefits that exceed $200,000.
Red Wing Software is currently working to ensure its CenterPoint Payroll and Red Wing Payroll Software programs will accommodate these changes well ahead of January 1st, 2013 when the changes take effect.
How about you? Can your payroll system calculate this additional Medicare tax calculation? If you are interested in upgrading to or purchasing CenterPoint Payroll, please learn more about the product by clicking here: Payroll Software or calling 800-732-9464.
By Stephanie Elsen
Over the years, Red Wing Software has worked hard to create add-on items that our customers have requested and need for their accounting software and payroll software. Whether you are using CenterPoint Accounting for business, agriculture, nonprofit or municipal, or CenterPoint Payroll, what has been your favorite add-on, and why?
Here are some popular add-ons available for CenterPoint:
- Advanced Earnings Matrix
- Check Designer
- General Ledger Journal Import
- Employee Training/Certification Tracking
- Publish Pay Advices
- Ratios
- Time Import
Which of these have you found most useful, and why?