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CenterPoint Fund Accounting
CenterPoint Fund Accounting · Red Wing, Minnesota, United States · founded 1979
What it is
CenterPoint Fund Accounting is nonprofit financial-management software offered as a local installation or cloud-based system. It tracks unlimited funds and grants, with departmental reports, budget-versus-actual variance reports, custom reporting, and drill-down to original source entries. A purchase-order module handles purchases and requisitions; receiving a purchase order automatically creates an accounts-payable transaction. Integrated payroll supports employees working for multiple funds while receiving one W-2, with taxable wages reported on one Form 941. Custom reports export to spreadsheets, word-processing files, and other formats. Security controls include password-protected databases, user accounts, transaction tracking, user groups, security policies, and administrator-managed report security. Version 21 adds full backup and restore for the database, file repository, and Aatrix history, plus AI-assisted invoice and receipt scanning through a mobile-friendly web app. The software runs on web and Windows, with Windows 10 or higher, 64-bit recommended. A 30-day demo mode and free trial are listed; pricing is on request.
For and against
For
- Tracks unlimited funds and grants
- Budget-versus-actual and custom reporting
- Integrated payroll across multiple funds
- Purchase orders create payable transactions
- Backup, restore, and invoice scanning
Against
- No free plan
- Pricing requires contacting sales
- Windows 10 64-bit recommended
- Customer Care Memberships are listed separately
The verdict
CenterPoint Fund Accounting combines fund accounting, purchasing, payroll, reporting, and security controls in one system. Its unlimited fund tracking and integrated payroll are useful for nonprofits with varied financial needs, while pricing is provided by sales.
Who it suits
It suits nonprofits needing fund, grant, purchasing, payroll, and reporting tools. Organizations using Windows desktop specifications and optional cloud access can consider it.
Plans and prices
CenterPoint Fund Accounting
Unlimited funds / grants · Pricing provided by sales
Read 1 Oct 2026 · redwingsoftware.com
On the record
- Backup and scanning
- Version 21 adds full backup and restore for the database, file repository, and Aatrix history, plus AI-assisted invoice and receipt scanning through a mobile-friendly web app.redwingsoftware.com · read 1 Oct 2026
- Budget vs. actuals
- Yesredwingsoftware.com · read 20 Sep 2026
- Database stack
- Recommended specifications include Microsoft .NET 8 Runtime and SQL Server 2014 or higher, with SQL Server 2019 Express included.redwingsoftware.com · read 1 Oct 2026
- Data export
- Custom reports can export data to spreadsheets, word-processing files, and other popular formats.redwingsoftware.com · read 1 Oct 2026
- Fund tracking
- The product tracks unlimited funds and grants.redwingsoftware.com · read 1 Oct 2026
- Integration
- CenterPoint Payroll fully integrates with CenterPoint Fund Accounting and offers flexible time entry, e-filing, and direct deposit options.redwingsoftware.com · read 1 Oct 2026
- Operating system
- Recommended specifications require Windows 10 or higher, 64-bit.redwingsoftware.com · read 1 Oct 2026
- Payroll
- Integrated payroll lets employees work for multiple funds while receiving one W-2, with taxable wages reported on one Form 941.redwingsoftware.com · read 1 Oct 2026
- Purchase orders
- Its purchase-order module manages purchases and requisitions, and receiving a purchase order automatically creates an accounts-payable transaction.redwingsoftware.com · read 1 Oct 2026
- Purpose
- CenterPoint Fund Accounting is a locally installed or cloud-based system for nonprofit financial management.redwingsoftware.com · read 1 Oct 2026
- Reporting
- It provides departmental reporting, budget-versus-actual variance reporting, custom reporting, and drill-down to original source entries.redwingsoftware.com · read 1 Oct 2026
- Security controls
- CenterPoint supports password-protected databases, user accounts, transaction tracking, user groups, security policies, and report-level security maintained by an administrator.redwingsoftware.com · read 1 Oct 2026
- Support
- Customer Care Memberships include guaranteed response times, unlimited phone support, 24-hour email-submission availability, updates, enhancements, and online help.redwingsoftware.com · read 1 Oct 2026
- Training
- Red Wing Software offers live or recorded full-product and single-subject training, web training, and on-site trainer support.redwingsoftware.com · read 1 Oct 2026
- Trial
- When installed, CenterPoint runs in a 30-day demo mode until registered.redwingsoftware.com · read 1 Oct 2026
