CenterPoint Accounting Review - why 4.3 stars?

CenterPoint Accounting Review
ITQlick Score: 62/100
ITQlick Rating:
Pricing: 2.8/10 - low cost
Category: Core Accounting -> CenterPoint Accounting review
Ranking:Ranked 92 out of 137 Core Accounting systems
Company: Red Wing Software
Typical customers: Small, medium and large size businesses
Platforms: Desktop
Links: CenterPoint Accounting pricing, CenterPoint Accounting alternatives
Shlomi LaviShlomi Lavi / updated: May 26, 2022

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What is CenterPoint Accounting?

CenterPoint Accounting is a financial management solution for businesses of all sizes. Its capabilities include billing and invoicing, bank account reconciliation, tax management, and others. The software was designed and launched by Red Wing Software Inc headquartered in Minnesota, United States.

Who is it best for?

The software is a useful product for businesses of all sizes hailing from a variety of industries. Major industries where it can be used include retail and wholesale, banking and finance, automation and manufacturing, healthcare and hospitality, and others. Some notable clients of the software include Diversified Management Inc, Associated Employee Assistance Service, and others.

Main features and functionalities

Core accounting capabilities of the software include accounts payable and receivable, audit trail, data drilling down, and general ledger. It also offers billing and invoicing services of check printing, credit card processing, invoice management, and purchase orders. The software provides fixed asset management and calculates depreciation for federal and state tax reporting.

CenterPoint Accounting features an inventory management module which offers tools to assess the inventory value and maintain price calculations. Other important capabilities include budgeting and forecasting, cash flow statement, balance sheet, custom reports, profit and loss statements, sales reports, trust accounting, bank account reconciliation, and others.

What is the actual cost?

ITQlick pricing score is 2.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for CenterPoint Accounting. You can also find here pricing information from CenterPoint Accounting's website.

How it stacks up?

Access a head to head analysis of CenterPoint Accounting vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
CenterPo...
ITQlick rating
4.3/5
Score
62/100
Pricing
2.8/10
License pricing
Pricing not available
Functionality
8
Compare
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
FreshBooks
ITQlick rating
4.5/5
Score
95/100
Pricing
2/10
License pricing
$6 per month
Functionality
28

Frequently Asked Questions (FAQs)

Is it the best Core Accounting system?

CenterPoint Accounting is ranked 92 out of 137 software in their category (Core Accounting systems).

How they are rated on ITQlick?

The rating of CenterPoint Accounting is 4.3 stars out of 5 and the total score is 62 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, CenterPoint Accounting makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

No, currently CenterPoint Accounting can't be accessed on mobile, you would need to access it from your computer.

Differences between CenterPoint Accounting and alternatives?

The most popular alternatives to CenterPoint Accounting in 2024: QuickBooks, Wave Accounting, Zoho Books, FreshBooks, Vyapar. Access the complete competitors analysis here - CenterPoint Accounting VS Core Accounting Software alternatives.

List of categories

Core Accounting
Accounting Practice Management

List of features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fixed-Assets
Project-Accounting

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.