Accounting Software includes production analysis tool.

Press Release Summary:



CenterPoint v3.5 offers abilities to compare profitability between profit centers, production centers, and production years. Cost of production information can be measured by pre-defined quantities such as per acre, per bushel, per box, per cwt, per head, or any unit tracked. Profit analysis tool uses accounting information already entered, while built-in wizards take users step-by-step through creating exact analysis needed.




Original Press Release:



Red Wing Software Adds Production Analysis Tool



December 27, 2007

Red Wing, MN - December 27, 2007 - Red Wing Software, Inc. announces the addition of production analysis to CenterPoint version 3.5. The production analysis tool offers limitless abilities to compare profitability between profit centers, production centers, and production years.

Cost of production information is easily obtained with the production analysis tool and can be measured by pre-defined quantities such as; per acre, per bushel, per box, per cwt, per head, or any unit tracked.

The profit analysis tool uses the accounting information already entered and the built-in wizards take the user step-by-step through creating the exact analysis needed. Values can be modified to answer "what if" questions. Amounts not allocated through transactions can be allocated in production analysis on a percentage basis or by fixed dollar amounts.

"The ability to take the accounting data that has already been entered into the CenterPoint Accounting software and utilize the built-in production analysis tools creates the analysis producers want and need" says Jon Isackson, Red Wing Software product manager, "This provides a tool for our customers to become keenly aware of which areas of production are most profitable for them."

Red Wing Software, Inc., along with its nationwide network of business partners, offers industry-leading service, as well as training, on-site installation and implementation of the software. Their vision is to create the best management software experience through personal support and attention to customers' business goals.

To view a self-running demonstration or to order the latest version of CenterPoint, visit www.redwingsoftware.com, contact Red Wing Software at 800-732-9464 or e-mail info@redwingsoftware.com. This new functionality is available to existing customers as part of their Customer Care Membership.

Red Wing Software, Inc. develops, integrates and supports the accounting and financial management needs of small- to mid-sized businesses, agribusinesses and producers across North America. For more information on Red Wing Software products, including TurningPoint Accounting, CenterPoint, and CenterPoint Payroll, call 1-800-732-9464 or visit www.redwingsoftware.com.

Contact Name: Stephanie Elsen
Organization: Red Wing Software, Inc.
Title: Marketing Manager
E-mail: stephaniee@redwingsoftware.com

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