Red Wing Software, Inc. announces the release of Encumbrances in version 9.0 of CenterPoint Fund Accounting Software. The Encumbrance feature helps cities and towns keep a close eye on their reserved funds and helps to avoid overspending and keep budgets in-line. Encumbrance accounting is a versatile planning tool and a good forecaster of cash outflow. Users will find the easy-to-use feature a great addition to the financial tools within CenterPoint.

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Red Wing Software Release Encumbrances in Version 9.0 of CenterPoint Fund Accounting Software