By Stephanie Elsen
Setting up and managing multiple inventory locations in your accounting software has some real advantages for you and your business. You may not be aware of how much time and efficiency are lost, trying to keep track of items in one system, when your items are located in various places.
Better Customer Service
Being able to see where your in-stock items are located can help give customers a better idea of what is available to them. It also helps you get those items to your customers more quickly, all of which results in happier customers.
Streamlined Processes
When your items are tracked by location, it becomes easier to keep track of actual inventory quantities. This helps for your physical inventory counting process, as well as the process of determining what needs to be ordered.
Less Shrinkage
If you have inventory stored on a truck or other remote location, you can keep track of that specific inventory as its own location. Tracking that information tends to reduce the possibility of items disappearing without explanation!
Red Wing Software accounting software products are able to help you manage multiple locations. For more information, call Red Wing Software at 800-732-9464.
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?
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
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!
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!
- 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.
- 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.)
- 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.
- 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!
- 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.