Farm Accounting Software

Get a true picture of your operation for management, advisors, and lenders with standard reports such as Income Statements, Cash Flows, Balance Sheets, and Budgets.

Provide detailed crop and livestock information on a cost per unit basis.

Gain the ability to create “what if” scenarios for your farm, and you’ll be able to project future sales, cash flow, income statements, and assets and liabilities. You’ll then be able to more accurately plan for future business strategies!

Write checks without setting up a vendor, or select vendors and pay invoices due.

CenterPoint comes with basic accounts receivable functionality where you can enter invoices and know when payments are due for better cash management of your operation.

For more complex needs, an additional AR Module is available for purchase. This module provides enhanced, detailed billing statements, the ability to calculate sales tax, and sales commissions, as well as in-depth reporting capabilities to effectively manage and monitor receivables.

Included within CenterPoint Accounting for Agriculture is the ability to track cost and market value of all assets. Maintain original loan values and use amortization schedules to plan cash flow requirements.

The check designer module works with both the Accounts Payable and Payroll check printing.

• Modify a check stub.
• Modify a check and incorporate a logo.
• Print MICR coding on a check (works with blank check stock).
• Print up to two signatures on a check.

Create scenarios to project future sales, cash flow, and prepare business strategies.

Assess the value of your inventories at any time and maintain up to two quantities in different units of measure for each commodity.

For more advanced inventory management, the Inventory Module is available for purchase. This module delivers a wide range of tools to track the cost and value of inventory to improve profitability. You are able to maintain unlimited number of prices or price calculations for each item, receive real-time inventory updates, as well as GL account assignments that guarantee all GL balances and inventory valuation reports match. Multiple inventory location management is available.

* Use of the Inventory Module requires purchase of the AR module.

The Sales Orders module allows users to easily transform quotes into orders, and quickly print quotes, orders and packing slips. Quotes and orders can easily be modified by using the Forms Designer within the software. While entering a quote or order, inventory availability can be displayed for each item. When orders are partially filled, back-orders are automatically created for the remaining items.

* Use of the Sales Order Module requires purchase of the AR module.

The purchase order module includes tools to help users keep the best sellers in stock and limit the slower moving items. Standard reports help users monitor stock and order the appropriate quantities for all inventory items. A ‘suggest orders’ function, can look at existing sales orders and/or past sales history, and create a suggested orders report from which users can immediately edit or place orders with vendors. Purchase orders can also be generated directly from sales orders. When users are entering orders for customers, they can easily see which items are currently on order.

* Use of the Purchase Orders Module requires purchase of the AR module.

The CenterPoint Management Accounting module allows owners and managers the ability to match costs to revenue for a more accurate picture of profitability. Cost Center reports allow managers to measure the impact of strategic decisions when managing costs for a particular responsibility center. Profit Center reports allow managers to match those costs against the revenue generated.

Is CenterPoint Management Accounting right for your business? Here are some recommendations that will help you evaluate if the management accounting module is right for you.

• Do you have a designated business manager in place, or are you currently working with a consultant who understands management accounting that can handle the responsibilities and related accounting setup & processes?
• Do you have good accounting practices in place and are currently collecting, recording and reporting financial information from several divisions or departments?
• To help you better understand management accounting, the Farm Financial Council website offers a document titled “Management Accounting Guidelines for Agriculture Producers” that can be purchased and downloaded.

Red Wing Software offers Customer Care Memberships with guaranteed response times, and excellent service. 100% of our product enhancements are based on customer requests, so you have a say in the features of the product you are using. Customer Care Memberships also include all product and tax table updates, and product enhancements. We offer a variety of training options, including live/recorded Full Product and Single Subject sessions. Web training is also available, or you can choose to have a trainer come to your site to help with training and/or implementation.