CenterPoint Fund Accounting for Municipals

This is the heart of the system. It records all financial transactions, including revenues, expenses, assets, and liabilities. The general ledger provides a comprehensive view of the municipality's financial position.

This module helps manage bills and invoices from vendors. It allows for tracking of due dates, generating checks, and reconciling payments.

This module handles revenue collection from various sources, such as property taxes, utility bills, and permits. It tracks customer balances, generates invoices, and records payments received.

This feature helps reconcile bank statements with the accounting records, ensuring accuracy and identifying any discrepancies.

This module records all incoming cash payments, including those received from customers, grants, and other sources.

This module records all outgoing cash payments, such as those made to vendors, employees, and for other expenses.

This module allows for recording of various accounting transactions that don't fit into other categories, such as adjusting entries or corrections.

The software allows for creating separate budgets for each fund within the municipality, such as general fund, capital projects fund, and special revenue funds.

This feature allows for tracking of grant funding and ensuring that expenditures align with grant requirements.

This feature allows for creating budgets for each department within the municipality, helping to control spending and allocate resources effectively.

This feature allows for creating budgets for specific projects, such as road construction or building renovations, helping to track costs and ensure that projects stay within budget.

This feature allows users to customize the look and format of checks, stubs, and invoices to match their specific needs and branding.

This feature eliminates the need for manual closing procedures, saving time and reducing the risk of errors.

The software can help streamline the process of preparing and filing various tax returns, such as property tax returns and sales tax returns.

The software can help automate the preparation of the annual financial report, ensuring accuracy and compliance with reporting requirements.

This feature allows users to easily trace transactions back to their original source documents, such as invoices and receipts.

This feature provides a record of all changes made to the accounting data, helping to ensure data integrity and accountability.

This feature allows administrators to control access to different parts of the system based on user roles and responsibilities, enhancing security and preventing unauthorized access.