| Overview
Payroll For CounterPoint, from Custom Software Experts, Inc., is designed to meet complete payroll and tax reporting demands for a full range of business needs.
Payroll For CounterPoint may be run stand-alone or will interface seamlessly with Synchronics' CounterPoint Basic Accounting (BA) option, including General Ledger and Check Reconciliation.
Payroll For CounterPoint is available for CounterPoint V7.5.5 or higher, for a single or multi-user system, on Windows and Unix/Linux platforms.
Summary of Features
- Automated Windows Installation - New!
- Timecard Interface - New!
- 941 Quarterly Report - New!
- Void payroll checks after they are posted - New!
- Prints checks with blank or preprinted stubs - New!
- Interface to BA or run stand-alone
- Automated migration from Classic
- Enter/Edit/Post functionality
- Maintain employee information
- Multiple pay rates per employee
- Process time transaction information
- Automated payroll calculation
- Print checks or enter manual checks
- Comprehensive vacation and sick time accrual
- Deduction and Earnings codes tracked
- Maintain tax code tables
- Expanded EIC tax tables
- Quarterly, Yearly and Historical reports
- Employee and Employer Payroll reports
- Print W-2 and 1099 tax forms
- Direct deposit with magnetic NACHA file generation
- Tracks 401(k) and 408(p) simple IRA's
- Multiple company processing
- Compatible check forms available... and much more
Detail of Features
Employee
Maintenance |
Enter, edit, employee information including sick, vacation hours, special pay rates, 401k plan, EIC credit, exemptions, direct deposit, deduction and earning codes, notes, employee type and more. |
| Timecard Import |
Import employee hours clocked in/out from CounterPoint's Timecard function. Save time and reduce costly errors by eliminating tedious data entry of time worked transactions for employees. |
| Time Worked |
Enter work hours by pay frequency or work group. Pay frequencies include Daily, Weekly, Bi-weekly, Monthly, Semi-monthly and Quarterly checks. Enter a standard payroll or individual time entries. This function will prepare time worked for later payroll calculations. |
| Calculate Payroll |
Automated calculation of payroll time worked entries with printed edit lists showing check details. Calculates employees' earnings, deductions, and tax withholdings in preparation for printing payroll checks. |
| Print Payroll Checks |
Select to print payroll checks for either laser or continuous feed check forms. Laser checks print 2 check stubs for better record keeping. Select to void some or all checks printed prior to posting. |
| Payroll Adjustments |
Enter manual adjustment entries for handwritten checks, corrections to previously printed payroll checks, adjustments to quarter-to-date and year-to-date figures and adjustments to distributions. Displays default values where applicable to accept or change including a crosscheck default value of the "Net pay" field. |
| Payroll Direct Deposit Feature |
Deposit selected employee wages directly to their bank account. Includes generation of magnetic NACHA file to remit to the financial institution. |
| 401(k) Plan |
Track and report 401(k) employee elective deferrals, including catch-up amounts. Includes Employer matching contribution functionality. Track amounts throughout the year, prints on check stub and at year-end. |
| Payroll Reports |
Features the following payroll reports: Payroll history, Quarterly payroll report, QTD/YTD reports, Union deductions report, 401k contributions report, Worker's Compensation report, Employee information reports, Employer payroll expense report, Distributions to GL report, Deductions Earnings report, Tax tables report, Year End payroll report, and more. |
| Year End Reporting |
Enter additional W-2 reporting information for each employee, Print W-2 information list, Prints W-2 and 1099's on pre-printed forms. |
| Print Reports to and from Disk |
Option to print selected reports to the hard drive for later access, printing or viewing. Stack selected reports to print in one continuous print run. Print a list of disk reports. |
Data Migration
The migration utility brings existing payroll data from RealWorld Classic versions to Payroll For CounterPoint. Export and import data from a standard fixed length ASCII file. Sample data will also be available for first time users.
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