CenterPoint Accounting Software

CenterPoint Accounting software, developed by Red Wing Software, Inc., is a financial accounting solution designed for small to mid-sized businesses. According to the vendor, this software is tailored for accountants, bookkeepers, financial managers, retailers, and manufacturers, providing them with locally installed or cloud-based accounting solutions.

Key Features

General Ledger: According to the vendor, CenterPoint Accounting software provides standard reports such as Income Statements, Cash Flows, Balance Sheets, and Budgets, offering a comprehensive view of the operation for management, advisors, and lenders. It is claimed to enable access to real-time information, enhancing decision-making and improving business efficiency.

Flexible Reporting: The vendor states that this software offers customizable reports that can be tailored to specific business needs and preferences. Users are said to have the flexibility to design and modify reports according to their unique requirements, generating reports based on various criteria and filters. Customization of report layouts, including adding logos and changing fonts, is also supported.

Accounts Payable: According to the vendor, CenterPoint Accounting software efficiently manages and tracks accounts payable transactions, including vendor invoices, payments, and credits. It is claimed to automate payment processing, including check printing and electronic payments, and provides comprehensive reports for analyzing accounts payable activity.

Accounts Receivable: The vendor claims that with the accounts receivable module, users can effectively track and manage customer invoices, payments, and credits. The software is said to automate invoice generation and delivery, including email and print options, and generates reports for analyzing accounts receivable activity.

Inventory Module: According to the vendor, this module allows businesses to effectively manage inventory items, tracking quantities, costs, and locations. It provides features for creating and managing purchase orders, sales orders, and invoices. Detailed reports are generated to analyze inventory activity, such as stock levels, valuation, and sales analysis.

Sales Order Module: The vendor claims that CenterPoint Accounting software streamlines the sales order process, from order entry to fulfillment. It is said to manage customer orders, integrate with inventory management to ensure accurate stock availability, and generate reports for analyzing sales order activity.

Purchase Order Module: According to the vendor, the purchase order module efficiently manages the purchase order process, from requisition to receipt. It is claimed to create and track purchase orders, automate purchase order approval workflows, and generate reports for analyzing purchase order activity.

Asset & Liability Tracking: The vendor states that this software tracks and manages fixed assets and liabilities, including depreciation and amortization. It provides features for recording asset acquisitions, disposals, and transfers, and generates reports for financial reporting and tax purposes. Additionally, it tracks loan and lease details, including payment schedules and interest calculations.

Customizable User Interface: According to the vendor, CenterPoint Accounting software allows users to customize the user interface to fit their own tasks and preferences. It provides options for rearranging screens, adding shortcuts, and customizing toolbars, enhancing user productivity by tailoring the software interface to individual needs.