CenterPoint Fund Accounting

Name: CenterPoint Fund Accounting
Author: CenterPoint Fund Accounting

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What CenterPoint Fund Accounting is

CenterPoint Fund Accounting is a financial management system for nonprofits, available as a local installation or a cloud-based service. It tracks unlimited funds and grants, with reporting for departments, budget-versus-actual variances, and custom needs. Users can drill down from reports to original source entries, and custom reports can be exported to spreadsheets, word-processing files, and other formats.

The 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. Security controls include password-protected databases, user accounts, transaction tracking, user groups, security policies, and administrator-managed report access. Version 21 adds database, file repository, and Aatrix history backup and restore, as well as AI-assisted invoice and receipt scanning through a mobile-friendly web app. After installation, the software runs in a 30-day demo mode until registered. A free trial is listed, but there is no free plan. Pricing is provided by sales and available on request. Recommended specifications call for 64-bit Windows 10 or higher, Microsoft .NET 8 Runtime, and SQL Server 2014 or higher; SQL Server 2019 Express is included.

Who it suits

CenterPoint Fund Accounting suits nonprofit organizations managing multiple funds, grants, budgets, purchasing, and payroll. It may also suit teams that need detailed reporting, controlled user access, and data exports, provided their environment meets the stated Windows and database requirements.

What it does well

Tracks unlimited funds and grants.
Reports include budget-versus-actual variance analysis.
Purchase-order receipt creates an accounts-payable transaction.
Payroll supports employees working across multiple funds.
Custom reports can be exported to common file formats.

What to know first

There is no free plan.
Pricing is available on request.
Recommended specifications require Windows 10 or higher, 64-bit.
The installed demo mode lasts 30 days until registration.

Limits

There is no free plan. The installed demo mode runs for 30 days until registration; the listed price is provided by sales and available on request.

Plans

Plan	Billed and limits	Price
CenterPoint Fund Accounting	Unlimited funds / grants · Pricing provided by sales	On request

As redwingsoftware.com lists them, read 1 Oct 2026. The maker's own page has the final word.

Getting started

Visit the Red Wing Software product page.
Request pricing from sales and ask about the free trial.
Install CenterPoint to begin its 30-day demo mode.
Confirm the computer meets the recommended Windows and database specifications.
Register the software after the demo period if continuing to use it.

Verdict

Nonprofits seeking fund and grant tracking alongside purchasing, reporting, and integrated payroll should consider CenterPoint Fund Accounting. Look elsewhere if you need a free plan or cannot meet its Windows and database requirements.

Questions

How much does CenterPoint Fund Accounting cost?

Pricing is available on request from sales. No specific price is listed.

Is there a free plan or trial?

There is no free plan, and a free trial is listed. After installation, the software runs in demo mode for 30 days until registered.

Which platforms does CenterPoint Fund Accounting support?

It is available as a local installation or cloud-based system. Recommended specifications require 64-bit Windows 10 or higher, Microsoft .NET 8 Runtime, and SQL Server 2014 or higher; SQL Server 2019 Express is included.

What does the product do with funds and grants?

It tracks unlimited funds and grants, and provides departmental, custom, and budget-versus-actual variance reports with drill-down to original source entries.

Does CenterPoint include payroll and purchase orders?

Yes. Its purchase-order module manages purchases and requisitions, and receiving creates an accounts-payable transaction. Integrated payroll supports employees working across multiple funds while receiving one W-2.

Who makes CenterPoint Fund Accounting?

The maker is CenterPoint Fund Accounting. Its headquarters are in Red Wing, Minnesota, and it was founded in 1979.

Facts from CenterPoint Fund Accounting's own pages

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, 1 Oct 2026
Budget vs. actuals: Yes · redwingsoftware.com, 20 Sept 2026
Database stack: Recommended specifications include Microsoft .NET 8 Runtime and SQL Server 2014 or higher, with SQL Server 2019 Express included. · redwingsoftware.com, 1 Oct 2026
Data export: Custom reports can export data to spreadsheets, word-processing files, and other popular formats. · redwingsoftware.com, 1 Oct 2026
Founded: 1979 · redwingsoftware.com, 28 Sept 2026
Fund tracking: The product tracks unlimited funds and grants. · redwingsoftware.com, 1 Oct 2026
Headquarters: Red Wing, Minnesota, United States · redwingsoftware.com, 28 Sept 2026
Integration: CenterPoint Payroll fully integrates with CenterPoint Fund Accounting and offers flexible time entry, e-filing, and direct deposit options. · redwingsoftware.com, 1 Oct 2026
Operating system: Recommended specifications require Windows 10 or higher, 64-bit. · redwingsoftware.com, 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, 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, 1 Oct 2026
Purpose: CenterPoint Fund Accounting is a locally installed or cloud-based system for nonprofit financial management. · redwingsoftware.com, 1 Oct 2026
Reporting: It provides departmental reporting, budget-versus-actual variance reporting, custom reporting, and drill-down to original source entries. · redwingsoftware.com, 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, 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, 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, 1 Oct 2026
Trial: When installed, CenterPoint runs in a 30-day demo mode until registered. · redwingsoftware.com, 1 Oct 2026