How to Do Payroll & Pricing in Acumatica

Oct 19, 2022

How to do Payroll and Pricing in Acumatica

Is it painful to set up new pricing schedules, schedule date-driven pricing, or track rebates and adjustments in Acumatica? Want to learn how to do payroll and have a comprehensive HR solution can save hours per pay period, empower employees to manage their own data, and doesn’t break the bank? 

We are sharing the stage with Greenshades to show you there are pricing and payroll options for Acumatica. 

Rockton will show you the ways to save money, time, and headaches when it comes to managing your pricing strategies. Greenshades is a cloud-hosted, easy-to-use payroll, payroll tax, and employee service software that can streamline your needs and make working with Acumatica even easier! 

Introducing Rockton Pricing Management 

Let’s Talk Pricing 

When it comes to pricing there are many ways to calculate the price of your products or services. Most standard ERPs, like Acumatica, are limited in what it can offer your business when it comes to pricing. This is why we created Rockton Pricing Management (RPM). It can handle the complex calculations and scenarios that you may encounter in your business.  

RPM can easily manage things like multiple price lists, royalties, rebates, customers, anything that can get cumbersome when you’re trying to enter them into your system. 

Save Time with Automation 

With RPM you do not have to set up automation multiple times. Versatility is built into RPM – Price Filters and Price Calculations can be used more than once. Perform imports to easily add or edit data. You’ll save time with data entry or setting up next year’s prices. Plus, you’ll eliminate human error with automation.  

Simplify Complex Scenarios 

Complex scenarios have you scratching your head? With RPM you can automate them!  

Here’s an example: Say you are a waste management company who has percentages of different chemicals and waste products that make up a gallon. We can create percentages and charge different percentages for liquids versus solids, and the combination of the two. 

Don’t be afraid to get granular in your pricing calculations – Rockton Pricing Management (RPM) is up to the challenge! 

RPM also a multi-currency pricing platform. So, whether you’re shipping to Canada, The Caribbean, or Europe, it can account for different currencies and apply your unique pricing scenarios in those cases. 

pricing revenue management

 

A Giant Calculator

RPM is an independent pricing engine that sits outside of your ERP. It is SQL based and lives in its own environment. Think of RPM as a giant calculator.

Example One: Select a customer, their shipping address, and the items that are being purchased. RPM will take this combination, make a calculation, and push the price back to Acumatica. Need to make an adjustment? No problem.

You can pick a customer just like you normally would, your shipping address, and your items. That Pricing Engine for GPcombination is then automatically calculated in Rockton Pricing Management and a price then pushes back over for you in Acumatica. We’re taking the data, doing the calculations, and pushing a price back. In addition to that, we are able to push back adjustments.

Example Two: If you are trying to track an advertising fee, a customer incentive, a rebate to a vendor, or a commission, all of that can be done in a single line item. Your salesperson won’t need to make any extra journal entries – the adjustment is automatically pushed through to Acumatica.

Say Hello to Greenshades

Let’s Talk How to do Payroll Efficiently

Payroll is one of the most critical, yet most overlooked, aspects of running an efficient and effective business. Flawlessly execute payroll week after week, and it goes unnoticed. However, if you make a small error, the response is immediate and vocal. Add increasingly complex regulatory pressures – particularly for multi-state employers – and the job of the payroll professional is more challenging than ever. You need a partner who can simplify the complex and transform an obstacle into an opportunity. 

Greenshades empowers you to keep payroll in-house, offering greater control, lower costs, and all the benefits of a cloud-based platform, including constant updates and enhancements. ​ 

They can simplify the payroll process for users, help maintain compliance, encourage employee self-service, and really get folks excited about learning how to do payroll and the HR possibilities. 

Improve Visibility

  • “At-a-Glance” Payroll Dashboard​
  • Simplified Views of Historical ​
  • Pay Runs with One-Click Access​
  • Front Page Awareness of Future Pay Runs

Comply with Confidence

  • Automated assignment of Federal, State, Local Taxes​
  • Management of Multiple Jurisdictions and Reciprocity​
  • Execution of Flawless Returns​
  • Proactive Notifications of Filing and Payment Deadlines

Empower your Employees

  • Powerful Employee Portal Component​
  • Access Pay Stubs, PTO Balances, Benefits Programs, Notes, Notifications​
  • Self-Service of Profile Information, Direct Deposit, Benefits​
  • Advanced Time Entry and Attendance​

Move From “To-Do” to “All Done”​

  • Year-end processing is historically a stressful time​
  • Simple step-by-step process​
  • Turnkey year-end form processing services​

Greenfire combines the strengths of an in-house payroll solution and a cloud-based platform. So, you can maintain a higher level of control, a higher level of flexibility at a lower cost, and an outsource solution while still benefiting from a platform that can be managed anywhere. This also comes with the automatic updates and enhancements that you expect with a hosted solution. 

Payroll is one of the core critical processes. A business needs to be both accurate and efficient. It also must be compliant as well. Unfortunately, it has become more difficult to hit all those targets. This is one of the drivers for a payroll and HR platform as robust as Greenshades. 

Your Payroll and Pricing Solution

Companies are increasingly assessing their needs as they consider making that move to a cloud-based platform like Acumatica. Rockton and Greenshades can help support your current pricing and payroll challenges. 

We understand that every company is unique in their processes and methods. We look forward to helping solve your unique scenarios in pricing, payroll, or the HR process.  

Check out the Pricing & Payroll webinar recording to learn more and see these solutions in action!

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