CenterPoint Fund Accounting vs WageFiling

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.

WageFiling is web-based software for small businesses filing wage and information returns electronically. Users enter form details online, receive PDF recipient copies, and the service e-files with the IRS and Social Security Administration. Listed forms include 1099-NEC, 1099-MISC, W-2/W-2C, 1099-DIV, 1099-INT, 1098-Mortgage, 1099-R, 1099-S, 1099-DA, 1098-VLI, and W-2G. Federal and state e-filing are available. Current-year and prior-year corrections are supported for 1099-NEC and 1099-MISC, with W-2 corrections when accurate information is provided. Recipient copies must be printed and mailed, while additional copies can be printed for records. SSNs and TINs are masked on W-2 and 1099 recipient copies. One account can create files for multiple filers without an added filer charge or stated limit. Plans include Original (Normal) at $3.69, paid once, Corrections at $4.99, paid once, and Previous Years at $4.99, paid once. A free trial is available.