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It is quite easy to do this in VectricCut2D. Here is one way . . .

v01 create size of workpiece
v02 enter text
v03 draw rectangle around the outside
v04 select the text AND the rectangle, then...

you put them in the spindle, set it spinning, then jog to the X-axis datum edge until the edge finder 'splits', raise the Z, jog in a further 2mm (for a 4mm one) and zero the DRO or set the axis zero...