2018 941 and Schedule B reports released!

We have now released the 2018 versions of the 941 Quarterly Tax Report and the Schedule B report.

Please do a check for updates and then you should be able to run those reports from the Quarterly Tax Report Wizard in Pro Fund Accounting.

If there you experience any issues with the reports, please contact Pro Fund Accounting support at 866-634-9991 x2 and our support staff will be able to help resolve those for you.

New Payables Feature: Unpay Invoices

In the latest Pro Fund Accounting update, we have added a brand-new way to unpay an entire Payables payment journal. Before you would have to go to GL Post and select the source of entry as AP, then you had to find the payment journal that the payments were in, then delete all the entries in that payment journal to unpay the invoices that were paid using that journal.

Now there is a new feature called Unpay Invoices under the Payables menu which makes it easy to unpay a payment journal. To unpay a specific payment journal, you now do the following:

1. Go to Payables>Unpay Invoices

2. Highlight the specific payment journal that you want to unpay

a. If you need to see the transactions in that journal, click on the plus button next to the journal number and it will display a list of the transactions that are a part of that specific payment journal

3. Click on the Unpay selected payment journal button to complete the unpayment process

Once you finish the unpayment process, all the invoices that were paid in that payment journal are now considered unpaid. This means that you make any changes to the invoices, such as changing the dollar amount or distribution account. When you are ready to pay those invoices again, you would pay them through the Pay Invoices program.

You will have to add the security rights to be able to access the new Unpay Invoices feature using the security management program under Tools>Security.

If there are any questions about this new feature or if you have trouble setting up the security for the new feature, please give our Pro Fund Accounting support staff a call at 866-634-9991 x2.

Pro Fund Accounting Has Some New Reports!

We recently added some new financial statement reports to Pro Fund Accounting!

These reports are as follows:

  1. Statement of Financial Position – This report is essentially a balance sheet for your organization. It is designed for those entities that use our full 7 digit account numbers.
  2. Statement of Activities – This report is essentially an income statement for your organization. It is designed for those entities that use our full 7 digit account numbers.

If there are any other reports you would like to see added to Pro Fund Accounting, please feel free to contact our Pro Fund Accounting support staff and let them know what reports you would like to see.

Pro Fund Accounting Version 7009 Release Notes Available!

The release notes for version 7009 of Pro Fund Accounting are available online at the following link: Pro Fund Accounting Release Notes

Please take a look to see what has been changed in version 7009 of Pro Fund Accounting.

Pro Fund Accounting Report Viewer Updated!

We have updated the Pro Fund Accounting Report Viewer today!

The major change that happened is that now when you launch a report, the cursor will be automatically positioned on the first parameter shown in the report viewer.

Please let us know if there is anything at all that we can change in Pro Fund Accounting by either sending an email to support@profundaccounting.com or by filling out the contact form on the Contact page.

A major Pro Fund Accounting update is available!

We are pleased to announce the release of update 7008 for Pro Fund Accounting!

This update includes many fixes and enhancements including:

Please go to Help>Check for Updates in your Pro Fund Accounting software to receive this new update today!

Updated the PR 52 Weeks Pay Report For Pro Fund Accounting

 We are pleased to announce a new update to the PR 52 Weeks Pay report in Pro Fund Accounting!

The following list outlines the changes that were made to this report:

  • Added the ability to exclude a custom range of payroll types from the report


To download this updated report, please go to Help>Check For Updates within Pro Fund Accounting.

Cogitate Has A New Company Logo

 Cogitate is proud to announce it has officially changed its corporate logo. This new company logo brings together the corporate name with the spirit of the software we develop. We like the clean lines and the ‘higher’ arrow of the new logo.

The previous logo was created in 1966 and has served the company for more than five decades. During that period, Cogitate has expanded its portfolio and increased its value and relevance to its customers by bringing together ac-counting systems, utility billing and data storage management.

Pro Fund Accounting Archiver and Removal Utility

Cogitate is proud to announce the new Archiver and Removal Utilities for Pro Fund Accounting!

The Removal Utility allows you to remove unreferenced employees, vendors, inventory, etc. that you no longer wish to keep in your database.
The Archiver utility allows you to archive older data that you do not access often, keeping it in a separate database. Only data older than three years can be archived. Archiving your data may help improve the performance of Pro Fund Accounting by allowing you to limit the size of your current database if you wish.

One of the really nice features included with our Archive utilities is the ability to actually choose to run a report on your current database or on any Archived database, right from the report selections screen in Pro Fund Accounting!

For those of you that choose to archive data in conjunction with your year-end, and that year-end is NOT December 31st, the utility will archive the data according to your year-end date, except for payroll, which will retain data through December 31st of the archive through date in both the archived database and your current database. This is done so all payroll year data is kept together in both databases.

This utility can be found in the Utilities folder in your Pro Fund Accounting install directory.

Pro Fund Accounting Version 7007 Released!

We are pleased to announce that we have just released version 7007 of Pro Fund Accounting!

Some of the issues that this version fixed were:

  1. The tab order on the Inventory Post screen
  2. The electronic W2 file that gets sent to the Social Security Administration now supports foreign country codes

To get this update, please go to Help>Check For Updates in your Pro Fund Accounting application.
If you run into any issues with this update, please contact our support staff at 1-866-634-9991 x2.