Both features have been great and more capable than the tools we were using in Quickbooks. Steve was a constant support through implmentation as well as ongoing as we use the software. The scheduled Online Training sessions are presented live by one of our CenterPoint experts while you view the presenter’s computer screen.
This video discusses how to determine when you consider sales taxes due and the steps necessary to automatically calculate sales taxes on customer invoices and report sales tax. This video discusses how to add a page number to a form nd modify the way the page number displays on a form. The video also discusses how to format forms by changing alignment and width of fields and how to preview/print a form. This video discusses locations which describe the physical locations that generate financial activity. Locations can be used in financial analysis by running financial statements by location. When printing Financial Statements, the Detail Level field in Report Selections allows you to decide how much detail to include on the reports when using subaccounts.
Vacation/Leave Accrual Tracking
This video discusses how to copy actual or previous budget information to a current budget. The video discusses the integration that CenterPoint has with Aatrix and the steps to take to print or eFile your 1099 forms. This video covers entering a taxable receipt from a cooperative dividend distribution. This video discusses how to remove a field using the keyboard and right-click option. It also discusses how to move a field using drag-and-drop and layout options functionality. This video discusses communication methods which represent all of the ways you can use to contact business, organizations or individuals (names) you do business with.
Easily provide up to the minute financial information – whenever you, your auditor or your council needs it.
This video discusses the preferences for printing checks, invoices, receipts, and bank deposit slips, etc. that should be set up prior to entering transactions. The Purchase Order module includes tools to help users manage purchases and requisitions. Standard or custom reports help users monitor all orders and the appropriate quantities for purchased items.
Funds allow you to maintain revenue and expenditures that may be restricted for specific purposes and keep each entities records separate. It also discusses what to consider when determining if you need separate databases or one database containing multiple funds. Good financial information leads to more informed decisions and increased profits. Enhance management decision–making and improve the efficiency of your business with access to up–to–the–minute real–time information. We moved forward with Centerpoint through RedWing and we absolutley love it! We deployed the software both to handle our business licensing and our standard accounting.
Reporting within CenterPoint includes the presentation of the Flow of Funds, Balance Sheet, and Income Statement in a customizable spreadsheet format. These reports can be viewed with multiple periods side-by-side and allow for the comparison of acutal to budget information. CenterPoint Accounting Software is a financial management software for startups and small organizations. This video discusses how to reconcile transactions entered in CenterPoint to the bank statement received each month from your bank. The summary will identify if there are differences between your reconciliation and the bank statement balance.
Also for each transaction screen, you can set whether users can enter, view, edit, or delete data. Adding separate user logins enhances audit capability by tracking data entry/edit activity to the user. This video discusses the recall feature that can be used to save data entry time in a transaction entry screen. If the Recall button is used, all details from the last transaction for a name (customer, vendor, etc.) that match the company and bank account are automatically filled into the new transaction including accounts, amounts, notations, etc. Recall is especially useful for transactions that use the same amount and accounts as the original transaction.
This video covers the process of downloading and installing the current version of CenterPoint from the Red Wing Software website. This video covers the registration process for the Red Wing Software website. Topic-specific help is available within CenterPoint with a push of the F1 button or a simple click of the help icon and at ACA (Affordable Care Act) reporting is included as a standard feature. Tax filing is made easy with the ability to print on plain paper and send or file electronically. The Statement of Revenue and Expenditures within CenterPoint follows the recommended format by the Government Accounting Standards Board.
- This video discusses how to create a budget in CenterPoint and report where you are in your actual activity in comparison to your budget.
- Accounts can be created to track each liability to the Fund that the liability is for.
- Included within CenterPoint Accounting is the ability to track cost and market value of all assets.
- We ach all payroll checks to employees and provide employees with payroll portal so they can see their paystubs.
This video discusses the process of entering beginning account balances into a new CenterPoint database which will describe the financial picture of your business before entering first transactions in CenterPoint. This video covers centerpoint fund accounting how to customize the various numbers in your CenterPoint data, for example check, invoice, and bank deposit slip numbers. Each sequence type is reviewed, as well as the options available for formatting the numbers and how to handle duplicate numbers. This video discusses setting up database users which allows CenterPoint to track the transactions entered or modified by each user and authorize which processes they can access. CenterPoint Depreciation is a powerful fixed asset management solution that can be added for more powerful fixed asset management.
Additional Modules
Leave balances and activity can be displayed on the employee pay stub. Provide employees with information about their pay, benefits, and other information, and eliminate the need to print and distribute paper pay stubs. Online pay stubs can simply be published, and employees receive a notification when a new pay stub has been published.
- Easily set up a user interface to show only those menu selections you use most often in a Quick List, saving significant time.
- This video covers how to customize the various numbers in your CenterPoint data, for example check, invoice, and bank deposit slip numbers.
- Bank deposits are used in the Receipts transaction entry screens and are optional.
This video discusses the password security options which allow you to customize how long a password must be, the characters that must be included in the password to be valid, and how often it must be changed. If your organization doesn’t have any requirements regarding the password, this step can be skipped. This video discusses the creation of a new CenterPoint Fund Accounting database which is the next step after you’ve installed and registered CenterPoint Fund Accounting.
Finish daily accounting and payroll tasks much faster. Care for a more enjoyable job?
We run accounts payable, accounts receivable, full detail inventory, payroll and track 8 profit centers. We ach all payroll checks to employees and provide employees with payroll portal so they can see their paystubs. We ach as many vendors as we can and are able to attach invoices, receipts and many other documents to the transactions to maintain paperless operation. We have many users and are able to use security features to give each user just what they need.
The reports are easy to customize and are so user-friendly
Track cash receipts, disbursements, journal entries and other types of transactions. Create customized budgets for each fund including grants, departments or projects. This video discusses how to allocate an amount to multiple periods in a budget. This is useful when, for example you budget an amount for an expense for an entire year but want the amount allocated (divided) over multiple (twelve) periods. This video discusses how to assign the same amount to multiple periods in a budget.
Accounts
For example, if a piece of check stock was accidentally destroyed by spilling water on it or the check stock was torn. This video discusses how to set up sales commissions, which are awarded to salespeople for the sales of sales items. When sales commissions are set up, they allow you to calculate them and keep track of them.
Accounts Payable
An account can be setup with a price assigned to it so that instead of entering in the amount during a transaction, you can enter the quantity and have the amount calculate based on the account price set up for the account. Additionally, you can record a different price for each customer or vendor that this account is used for. We have been able to simplify our pay processes even further by adding direct deposit features, reducing our time spent and costs from printing checks. This video covers how to change a piece of information stored in your setup of names, customers, or vendors that you want to change on multiple names, customers, or vendors using the Mass Update feature. This video discusses payment terms and how they are used to calculate due dates and early payment discounts on vendor and customer invoices.
This video discusses some of the shortcuts that can be used when entering dates in CenterPoint transaction entry screens. This video discusses how users can be assigned to user groups that then are given access to specific menu selections (security policies) in CenterPoint. Red Wing Software offers Customer Care Memberships with guaranteed response times, and excellent service. 100% of our product enhancements are based on customer requests, so you have a say in the features of the product you are using.