Year End Recommendations

Update your control dates: (E.1.1.MISC1). This ensures no entries can be posted outside of the control dates you have selected. This does not close your year-end, just simply ensures that the figures won't be changed after you have submitted your trial balance (F.6) to your accountant.

Change your Trade/Listing Numbers: (E.1.1.MISC1). Some companies change the series of numbers assigned to their listings and trade/transactions each year.

Fiscal Year End Recommendations: Please see the Accountant Year End tip sheet in the HELP menu for tips to assist with your fiscal year-end.

Payroll Changes: Please ensure you update your program from our website before processing your first payroll in 2007. This will ensure you have all the latest statutory payroll updates.

U.S. Payroll: Verify the state unemployment tax (employer) has the correct percentage in the auxiliary field. This percentage will be unique to each company and assigned by your state. Please ensure the percentage is entered correctly, for example 5.4% would be entered as .054.

Support Tip: If you are printing your agents tax forms (9.5.4), and nothing shows up for Fees Paid, go into E.1.3 and make sure that your fees have YES for the Deduct from T4A's, or Deduct from 1099 field. Then double-check your Options have been setup correctly (9.5.4, bottom left hand corner). For a detailed report to match to your agent tax slips, please print 9.5.7.

Please see the tutorials on our website www.lwolf.com (under the Support Tab) or the instructions in the HELP menu for more information on preparing your tax slips.

Happy Holidays!

We hope that everybody has a safe and happy holiday! Our offices will be closed on Christmas Day December 25, 2006, Boxing Day December 26, 2006, and New Years Day, January 1st, 2007. We wish you and yours a happy and prosperous 2007!

Upcoming Training Sessions

Realty Management System Essentials - Would you like to expand on your Realty Management skills? We currently have one Administrator Training Day scheduled. Our one day session includes a full program overview as well as focusing on reports for managing agents, tracking profitability, projecting income, month end procedures and more! For more information, please email training@lwolf.com or call 1-866-CRY-WOLF and ask for the Training Manager.

Training Resources

New! Lone Wolf Tutorials available on www.lwolf.com. Under the Support section you will find the New Video Step-By-Step Tutorials link. (You will need your User Name and Passwords.) Available tutorials include:

5.8.1 Creating Vendor/Supplier Files
5.1 Posting Accounts Payable Invoices
9.5.4 Preparing 1099’s
9.5.4 Preparing T4A’s

Don't know your Lone Wolf website User Id and Passwords? Send an email to support@lwolf.com.

Do you want to get out of the office but still want to know what is going on?

Just because you're away from your office doesn't mean you've stopped working! Real estate brokerages are moving toward virtual front offices so that agents can be in touch no matter where they are.

Lone Wolf Real Estate Technologies is now offering a web-based front office solution that provides your agents easy access to your brokerage with many valuable features. Our latest product, Wolf EX, is a front office system which offers showing solutions; a Do Not Call feature, web-based e-mails, online file cabinet for company and individual document storage, company event calendar with event registration, leads, contacts and access to agent accounting reports. The Wolf EX extranet solution not only integrates perfectly with your Lone Wolf accounting software - it also has an MLS* data feed.

Whether you are at home or at a client's house, Lone Wolf's front office system is accessible at any time, providing your agents with an invaluable tool.

For more information and a free demonstration contact us at (866) CRY-WOLF (279-9653) or by e-mail at sales@lwolf.com

*MLS integration is dependent on the rules governing your particular MLS board*