for the working point in glass processing see viscous liquid . workingpoint type privately held industry internet software founded 2007 headquarters san francisco california usa key people tate holt ceo tom proulx chairman products small business management software number of employees about 10 website www.workingpoint.com workingpoint is a web based application providing a suite of small business management tools . it is designed to offer a single point of access for all business management needs while offering a user friendly interface . workingpoint s functionalities include double entry bookkeeping contact management inventory management invoicing and bill & expense management . contents 1 company 2 social media presence 3 product description free version 4 product description premium version 5 references 6 external links company edit workingpoint formerly netbooks inc is a privately held corporation based in san francisco ca . the company is backed by cmea capital 1 also based in san francisco . workingpoint has about ten employees and is led by ceo tate holt and chairman tom proulx . proulx is a co founder of intuit and an original author of that company s quicken personal finance software . 2 the company was founded in 2007 under its original name netbooks by co creator ridgely evers . evers set out to design a product that was more user friendly than intuit s quickbooks which he also co created . 3 in mid 2009 the company officially rebranded itself and its flagship product workingpoint . the purpose of the re branding was to disassociate the company from the product category of small laptops also known as netbooks . 4 social media presence edit workingpoint maintains a daily blog geared toward small business owners and managers . each week the blog is updated with 3 workingpoint product feature or how to posts 2 subscriber company profiles and 2 small business coaching posts . the company also maintains a twitter page and a facebook fan page . product description free version edit workingpoint allows businesses to invoice up to five customers repeatedly and provides account access for up to two individual users free of charge . online invoicing workingpoint allows users to create customized quotes and invoices online . the invoices can be used to bill customers via email or hardcopy post . workingpoint compiles the info from these invoices so users can track customer payments inventory costs shipping charges accounts receivable and sales taxes . users can also manage customer overpayments provide customer loyalty discounts and view a customer invoice history . bill & expense management users can track their bills and expenses by entering info into the workingpoint interface . workingpoint compiles this info so users can track categorized expenses accounts paid accounts payable and vendor purchase history . the interface also allows users to add to their inventory while entering billing info . double entry bookeeping workingpoint automatically records entries under the double entry bookkeeping system also known as debits and credits when the user completes invoicing and expense forms . users can view transactions in general ledger format and perform closing entries if necessary . this functionality is designed for users who do not have an accounting background . business contact management workingpoint provides an interface for users to manage their customer and vendor contact info . the software automatically tracks the user s relationship with contacts so users can track a contact s sales and purchase history . contacts can be imported and exported via numerous email clients including microsoft outlook yahoo mail google gmail and mac address book . inventory management the software automatically adjusts inventory quantities after every purchase and sale . users can track their current inventory quantity average cost of inventory on hand cost of goods sold cogs and top selling products . users can also make manual adjustments to inventory when necessary . financial reporting users can view a balance sheet income statement or cash flow statement pertaining to their business . the software automatically manages accruals to produce the balance sheet and income statement . users can choose a data range from which to draw any of these reports . financial reports can be converted to pdf format or exported with formulas intact to open office or microsoft excel . cash management workingpoint enables users to monitor cash balances on their bank accounts . the software automatically tracks cash inflows and outflows when users manage their accounts payable and accounts receivable . business dashboard the business dashboard visually and graphically displays key real time business data . users can customize the dashboard to display data of their choosing . online company profile users can create an online company profile in order to have a presence on the internet and as a basis for participation in workingpoint s small business community features . public profiles are featured in the workingpoint company directory and can be viewed externally using the url format https businessname.workingpoint.com . product description premium version edit the premium version of workingpoint costs 10 per month . it includes all of the functionalities of the free version allowing unlimited invoicing and account access . it also offers the following functions 1099 tax reporting invoice payment collection via paypal email marketing via verticalresponse and the premium reports & accounting package . 1099 tax reporting users can identify qualifying companies and individuals for irs form 1099 or irs form 1096 reporting . workingpoint automatically tracks payments made to these companies and individuals . users can then generate 1099 reports for distribution . premium reports & accounting package this includes a daily operating report providing users with sales and cash flow information customizable accounts categorization and cash flow statements using the indirect method of reporting . invoice payment collection via paypal users can collect payment on their invoices via paypal . email marketing via verticalresponse the workingpoint premium package includes 500 email credits with the email marketing firm verticalresponse . references edit portfolio companies information technology . cmea . retrieved 2013 05 03 . suzanne e. taylor and kathy schroeder inside intuit how the makers of quicken beat microsoft and revolutionized an entire industry harvard business school press . see also google books . ask jen an outpouring of advice from north bay s ceos north bay business journal north san francisco bay area sonoma marin napa counties archive . northbaybusinessjournal.com . retrieved 2013 05 03 . goodbye netbooks hello workingpoint . smallbusinesscomputing.com . retrieved 2013 05 03 . http www.workingpoint.com http smallbiztechnology.com archive 2009 08 is quickbooks too complicated.html external links edit workingpoint workingpoint blog cmea capital retrieved from https en.wikipedia.org w index.php title workingpoint & oldid 743700592 categories companies based in san franciscoamerican companies established in 2007web applicationstechnology companies established in 2007 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 10 october 2016 at 19 49 . text is available under the creative commons attribution sharealike license ; additional terms may 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