FREQUENTLY ASKED QUESTIONS
What is CMYINCOME?
CMYINCOME is one of the most ingenious web based applications, designed for businesses paying out other income to vendors or suppliers who need to monitor self employed income for tax purposes at any interval. CMYINCOME is easy to use and flexible.
It includes all the features needed to have daily control of your SE income, plus:
- 100% Secure.
- One time low yearly fee.
- Businesses can Print W-9 Form when signing new Vendors.
- User friendly.
- The capacity to track hundreds of dollars, and keep businesses, and vendors connected.
- Consolidated report printing from multiple businesses and vendor files.
- Open access to your data using Log in and password compliant software.
- Businesses benefit by reducing cost and vendors will enjoy timely access to real time reporting.
- A one year membership to the full CMYINCOME service, which gives you total control of your SE income paid and received.
- Vendors don't need to provide their social security every time an income is paid to them.
With the increased use of the Internet, sharing personal information, Internet identity theft is on the rise. In the United States alone, there has been over 10 million identity theft victims. On average, there is a
new identity theft victim every 79 seconds! The statistics are alarming - that is why protecting yourself against the devastation of Internet identity theft is absolutely crucial in this day and age. What exactly is
Internet identity theft? Internet identity theft occurs when a criminal uses another person's personal information-such as a
social security number to open a bank account, line of credit, or any other type of account or membership that requires personal information. Let us help you avoid sharing your personal information every time you receive taxable income for work or services you rendered!
What kind of businesses should use CMYINCOME?
CMYINCOME is ideal for any business that receives services from a vendor or supplier.
- You are currently using your own system whether manual or computerized.
- You have MISC-1099 vendors and suppliers.
- You have multiple locations that you need to track and manage vendors' and suppliers' taxable income.
- You are looking for an alternative to account for income pay outs that may involve an employee entering daily data that can cost thousands of dollars.
I only need 1 cashier today. What if I need more cashiers later?
As your business needs change, CMYINCOME software lets you add cashiers so you can increase the number of people paying out incomes. You don't need to upgrade or buy any licenses when using CMYINCOME in multiple locations. You must have an active business membership and a profile in order to start monitoring other income paid to vendors and suppliers.
I just found out about CMYINCOME. How hard is it to learn how to use it?
One of the best things about CMYINCOME is that it is user friendly with easy menu choices. Vendors and businesses will feel comfortable with it right from the start. Anybody using it can get up to speed quickly. Plus, we always offer 24/7/365 email support, having someone from our staff calling you in less than 24 hrs.
Where do I get technical support?
Your one year membership entitles you to 24 hours a day, 7 days a week, 365 days a year tech support.
What are the system recommendations for CMYINCOME?
POS equipment:
- One PC or MAC
- High Speed Internet
- Printer
Back Office:
- One PC or MAC
- High Speed Internet
- Printer
Can I Import data from CMYINCOME into QuickBooks or other accounting software?
Yes, transferring data is fast and easy. All your vendors information can be Exported to an Excel file by a click of a key within the business administration page. For more information please contact us via email by using our Contact Us link on the home page.
What if I change my mind - what is your return policy?
We stand behind CMYINCOME with a money back satisfaction guarantee. If you are not satisfied, you may cancel within 60 days. That means, you can try it with no risk whatsoever.