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SPECIFICTION
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CenterPoint Fund Accounting

redwingsoftware.com

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Spec score 7.9 #8 of 32 in W-2 Filing Software

What it is

CenterPoint Fund Accounting is a nonprofit financial management system available as a local installation or cloud-based system. It tracks unlimited funds and grants, with departmental, custom, and budget-versus-actual variance reporting and drill-down to original entries. Its purchase-order module manages purchases and requisitions; receiving an order automatically creates an accounts-payable transaction. Integrated payroll supports employees working across multiple funds while receiving one W-2, with taxable wages reported on one Form 941. Custom reports can be exported to spreadsheets, word-processing files, and other formats. Security controls include password-protected databases, user accounts, transaction tracking, user groups, policies, and administrator-managed report-level security. Version 21 adds backup and restore for the database, file repository, and Aatrix history, plus AI-assisted invoice and receipt scanning through a mobile-friendly web app. After installation, the product runs in a 30-day demo mode until registration. Pricing is provided by sales, and a free trial is listed. Recommended specifications call for Windows 10 or higher, 64-bit, along with Microsoft .NET 8 Runtime and SQL Server 2014 or higher; SQL Server 2019 Express is included.

Spec sheet

Purpose
CenterPoint Fund Accounting is a locally installed or cloud-based system for nonprofit financial management.Read 1 Oct 2026 · redwingsoftware.com
Trial
When installed, CenterPoint runs in a 30-day demo mode until registered.Read 1 Oct 2026 · redwingsoftware.com
Support
Customer Care Memberships include guaranteed response times, unlimited phone support, 24-hour email-submission availability, updates, enhancements, and online help.Read 1 Oct 2026 · redwingsoftware.com
Headquarters
Red Wing, Minnesota, United StatesRead 28 Sep 2026 · redwingsoftware.com
Founded
1979Read 28 Sep 2026 · redwingsoftware.com
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.Read 1 Oct 2026 · redwingsoftware.com
Budget vs. actuals
YesRead 20 Sep 2026 · redwingsoftware.com
Data export
Custom reports can export data to spreadsheets, word-processing files, and other popular formats.Read 1 Oct 2026 · redwingsoftware.com
Database stack
Recommended specifications include Microsoft .NET 8 Runtime and SQL Server 2014 or higher, with SQL Server 2019 Express included.Read 1 Oct 2026 · redwingsoftware.com
Fund tracking
The product tracks unlimited funds and grants.Read 1 Oct 2026 · redwingsoftware.com
Integration
CenterPoint Payroll fully integrates with CenterPoint Fund Accounting and offers flexible time entry, e-filing, and direct deposit options.Read 1 Oct 2026 · redwingsoftware.com
Operating system
Recommended specifications require Windows 10 or higher, 64-bit.Read 1 Oct 2026 · redwingsoftware.com
Payroll
Integrated payroll lets employees work for multiple funds while receiving one W-2, with taxable wages reported on one Form 941.Read 1 Oct 2026 · redwingsoftware.com
Purchase orders
Its purchase-order module manages purchases and requisitions, and receiving a purchase order automatically creates an accounts-payable transaction.Read 1 Oct 2026 · redwingsoftware.com
Reporting
It provides departmental reporting, budget-versus-actual variance reporting, custom reporting, and drill-down to original source entries.Read 1 Oct 2026 · redwingsoftware.com
Security controls
CenterPoint supports password-protected databases, user accounts, transaction tracking, user groups, security policies, and report-level security maintained by an administrator.Read 1 Oct 2026 · redwingsoftware.com
Training
Red Wing Software offers live or recorded full-product and single-subject training, web training, and on-site trainer support.Read 1 Oct 2026 · redwingsoftware.com

Plans and prices

CenterPoint Fund Accounting Priced on request Unlimited funds / grants · Pricing provided by sales Read 1 Oct 2026 · redwingsoftware.com

Every CenterPoint Fund Accounting plan and price →

Strong points and limits

Strong points

  • Tracks unlimited funds and grants.
  • Receiving purchase orders creates accounts-payable transactions.
  • Payroll supports employees working across multiple funds.
  • Reports can drill down to original entries.

Limits

  • Pricing is provided by sales.
  • Recommended specifications require Windows 10 or higher, 64-bit.
  • SQL Server 2014 or higher is specified.

Who it suits

It is aimed at nonprofit financial management teams tracking multiple funds and grants. Organizations needing purchase orders, integrated payroll, and detailed reporting may find its listed functions relevant.

Verdict

CenterPoint covers nonprofit fund accounting, purchasing, payroll, and reporting, with local and cloud options. Review the Windows and database requirements and ask sales for pricing before proceeding.

Where Specifiction places it

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