CenterPoint Accounting Software for Agriculture

4 Reviews 3/5

A full ERP software and farm accounting system for agriculture, forestry, fishing, and mining companies.

Product Overview

CenterPoint Accounting Software for Agriculture is a full financial management and ERP software. Users can manage costs on a per-unit basis with features like detailed crop and livestock production analysis. The software supports customizable reporting and advanced financial analysis, including ratio analysis with benchmarking against industry standards.

Pros

  • Farm-specific accounting features
  • Customizable dashboard and reports
  • Advanced modules available for inventory management, sales, etc.
  • Tracks information by farms, fields, landlords and more

Cons

  • Pricing requires consultation call
  • Advanced inventory management module sold separately
  • There is training available for an additional cost

Target Market

Medium to large-sized agricultural operations that require detailed financial management and analysis capabilities.

Red Wing Software Company Overview

CenterPoint Accounting Software for Agriculture is a versatile financial management solution tailored for agricultural businesses. It offers financial analysis tools, including standard reports, ratios analysis, and customizable reporting options.

With features like production analysis, budgeting, asset tracking, and integrated modules for accounts payable and receivable, it provides farmers and agricultural professionals with a powerful tool to manage their operations effectively.

Financial Reporting

Access standard reports such as Income Statements, Cash Flows, Balance Sheets, and Budgets.

Ratios Module

  • Utilize the ratios module to identify strengths and weaknesses.
  • No setup is required, as it uses predefined categories within CenterPoint.
  • Analyze data with drill-down capabilities and graph trends for multiple years.

Report Management

  • View, print, export, or email reports with ease.
  • Customize reports by adding or removing columns and explore data in-depth with drill-down options.

Enhanced Financial Analysis

  • Uncover operational strengths and weaknesses with CenterPoint management reports.
  • View Balance Sheets in different valuation methods (book value, market value, modified cash value).
  • Analyze Income Statements and Cash Flows for trends and comparisons.

Time-Saving Features

  • Use the Transaction Search tool for quick reference to past transactions.
  • Personalize the Quick List menu with frequently used functions.
  • Centralize information management within CenterPoint.

Production Analysis

Obtain detailed crop and livestock information based on cost per unit.

Budgeting and Forecasting

  • Create “what if” scenarios for future sales, cash flow, income statements, and assets/liabilities.
  • Improve business strategy planning.

Accounts Payable

  • Write checks without vendor setup.
  • Select vendors and pay invoices due.

Accounts Receivable

  • Basic accounts receivable functionality included.
  • Enter invoices and monitor payment due dates for better cash management.

Asset & Liability Tracking

  • Track the cost and market value of all assets.
  • Plan cash flow requirements using amortization schedules.

CenterPoint Depreciation

  • A powerful fixed asset management solution for tax reporting and management purposes.
  • Eliminate manual processes and maximize tax benefits.

Check Designer

  • Modify check stubs and incorporate logos.
  • Print MICR coding and up to two signatures on checks.

Advanced Inventory Management

  • The Inventory Module offers tools for improved profitability.
  • Maintain multiple prices, receive real-time inventory updates, and ensure GL account assignments match.

Sales Orders

  • Easily convert quotes into orders and print quotes, orders, and packing slips.
  • Modify quotes and orders using the Forms Designer.

Purchase Orders

  • Manage inventory effectively by monitoring stock and creating suggested orders.
  • Generate purchase orders directly from sales orders.

Management Accounting Module

  • Match costs to revenue for a more accurate profitability analysis.
  • Utilize Cost Center and Profit Center reports to make informed decisions.

Customer Care

  • Red Wing Software offers Customer Care Memberships with guaranteed response times and excellent service.
  • Participate in product enhancement through customer requests.
  • Access training options, including web sessions and on-site training.
Price Range Learn More
   $     $     $     $     $   
   $     $     $     $     $   

Product Overview

Developer Overview

  • Name Red Wing Software, Inc.
  • Year Founded 1979
  • Headquarters Red Wing, Minnesota, USA
  • Type Private
  • Est. Size 10-50 employees
  • Est. Revenue $10M-$50M

Related Products

  • TraxView
    An accounting solution designed by Agtrax for the agriculture industry.
  • EasyFarm
    A farm accounting and management software by Vertical Solutions.
  • Agvance
    A complete platform for your agricultural retail business.
  • PcMars
    A farm accounting software system designed by SoftShell Computer Services.
  • The Farmer's Office
    A farm software for the agriculture industry.

User Reviews of CenterPoint Accounting Software for Agriculture

Marcy Madson
Overall
★★★★★
★★★★★

I actually LOVE CenterPoint

June 17th, 2019 • Roles: Purchaser & End User

I actually LOVE CenterPoint. I have been with Red Wing Software since the beginning of computers in farm offices. The program has far more detail than I use, but it is there to grow into. The virtual classroom training is a wonderful addition. We farm with three boys (and two grandsons) raising grain and lots of pork! The CenterPoint experts are so great to help me with whatever question I have. I could never do it without them!

Anonymous
Overall
★★★★★
★★★★★

Somethings were just lost in the conversion

February 4th, 2019 • Roles: Purchaser & End User

I bought my first computer in1989 and Agchek in 1990. Big change from manual booking with pencil and paper and a calculator. Agchek evolved and I learned to use it the best I could. I never have used Quick Books I think it has evolved too. I hear alot of people happy to use it, I do not know what they or I am missing. I am not an accountant who probably appreciates all Center Point can do. I do not understand a lot of the hierographic used to simplify the program. When things were converted from Agchek to Center Point some of how I got my reports was changed and I still do not know how to find some things. Agchek is not even on this spell check. Somethings were just lost in the conversion.

Pros

Its colorful screen. Support staff is good I just can not remember all the tricks to make it all work.

Cons

Not sure. In Excel multiple lines can be added or deleted at a click, only one line at a time can be deleted if you have unused distribution set up for a check or deposit. Secure that way so you don't delete to much I guess. It is way more Horse Power than I can use or need. I could probably go back and run Agchek better than I can center Point. Tired of typing that's all for now.

Leland
  • Diversified Telecommunication Services
  • 11-50 employees
  • Annual revenue $1M-$10M
Overall
★★★★★
★★★★★

CenterPoint Accounting Software for Agriculture Review

June 27th, 2018 • Roles: Purchaser & End User

I find it very difficult to use Agchek was much easier to use

Cons

Same as above

Carol Peck
Overall
★★★★★
★★★★★

It now takes only about 1 to 1.5 hours to process payroll

July 17th, 2012 • Roles: Purchaser & End User

We upgraded from Red Wing Payroll and AgCHEK Accounting software to CenterPoint Accounting and integrated payroll in January 2012. At first, it seemed difficult to adapt to the different types of menus, and new terminology.

But now it is July, and I am so glad that we made the switch. It now takes only about 1 to 1.5 hours to process the payroll from start to finish, not counting downloading the hours from the time clocks. The post and print procedure in the payroll program works so smoothly in transitioning from employee paper checks to direct deposit pay advices. No longer do I have to process two complete pay runs like I did before purchasing the Direct Deposit module, and the pay run report has all the net pay amounts broken down by the amount and the bank account in which they are deposited. After a few glitches at first, it runs without any problems.

Related Content

Reviews

CenterPoint Accounting

CenterPoint Accounting Software is a financial management software for startups and small organizations. Browse user reviews, pros, cons, and key features.

Reviews

CenterPoint Fund Accounting

CenterPoint Fund Accounting software includes customizable charts of accounts, real-time transaction recording, and an optional payroll module. Read uesr reviews to learn more.

Reviews

CenterPoint Payroll Review: Pros, Cons, Reviews

CenterPoint Payroll is a payroll software designed to streamline payroll processing for medium to large organizations. It offers both cloud and locally-installed options. Read for pros, cons, ratings, and reviews.