What is CenterPoint Fund Accounting for Municipals?CenterPoint Fund Accounting Software for Municipals is an excellent choice for organizations that are outgrowing basic software programs. Those outgrowing basic programs often need fund accounting, better accounting (drill down, audit, etc.), menu level security, budget vs. actual reporting, departmental reporting, and more. CenterPoint Fund Accounting for Municipals comes standard with these features.
The Statement of Revenue and Expenditures in CenterPoint follows the recommended format by the Government Accounting Standards Board. There is also a six-month customizable financial statement that is complete and accurate. Other functions such as utility billing and payroll can also be integrated, saving your municipal from double entry or additional work.
CenterPoint Fund Accounting for Municipals contains all of the accounting functionality needed to budget by individual fund like general, capital project, street, water/sewer, and more. The software allows an unlimited number of funds. Budget figures can be maintained by fund and by department, giving department heads or managers the information they need to quickly compare their actual spending to the budget. Purchase order management is available.