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Inside Red Wing Software

Get Ready for CenterPoint Version 20

Red Wing Software Announces CenterPoint® Version 20

We're excited to announce the release of CenterPoint version 20—a powerful update designed to enhance your experience and streamline your workflow. This release includes several improvements inspired by your feedback, making day-to-day tasks simpler and more efficient. See below for details and click the links to explore all the exciting new changes. This update is currently being rolled out. If you haven't received it yet, it will be available soon. Thank you for helping us make CenterPoint even better!

CenterPoint Accounting:

  • Bank Transaction Import - Easily import transactions directly from your bank using the new Bank Transaction Import. This streamlined process uses the power of Plaid to seamlessly integrate with most financial institutions, eliminating a manual export/import process.
  • Balance Sheet - Side-by-side Balance Sheet reporting for multiple companies allows you to compare company financial information at a glance, just like the Income Statement.
  • Preferences - Quickly locate preference settings with a new Search box.
  • Custom Aging Periods - Easily define custom aging periods for billing statements and aging reports other than the standard 1-30, 31-60, and 61-90.
  • Vendor Transaction Sequences - Transaction number sequences can now be uniquely assigned to each vendor, reducing errors and ensuring the correct transaction numbers are used in Accounts Payable payments.
  • Available Notes - Access notes from any tab within Names, Vendors, Customers, or Employees using the new Notes button. This enhancement simplifies your workflow and makes it easier to view or add notes without switching screens.
  • Edit Paid Invoices - Quickly find payments applied to a paid invoice using the new Review Payments/Receipts button, so you can make the changes you need faster.

CenterPoint Payroll:

  • Liability Due Dates - Payroll Liability payments are more flexible than ever with the addition of two new payroll liability due date features. Due dates can now be edited for unpaid payroll liabilities after a pay run is posted, simplifying the payroll process. Easily identify which invoices get paid quarterly, annually, or at other set times, with new month selections for payment terms.
  • Earning Schedules - Easily control when an earning is included in a pay run based on a frequency (schedule). This expands the existing frequencies for deductions/benefits to also include earnings, making paying employees at set intervals more flexible.
  • Employer Earnings, Deductions, & Taxes - When you change a rate or account on an earning, deduction, or tax, you will now have the option to update the employer settings automatically, streamlining the setup process, reducing errors, and saving time.
  • Federal Tax Forms - Create a favorites list of your commonly used Federal tax forms, simplifying your monthly, quarterly, and year‑end reporting processes.

Payroll Web Services:

  • Consolidated Employee Portal - The new consolidated Employee Portal menu allows you easy single-point access to all your payroll web services settings (CenterPoint Time Clock, Publish Pay Advices, and Employee Portal). In addition, a reorganized Portal tab in employee setup simplifies adding employees.

The highlights of version 20 are available in video format.
View Video

To view the entire list of enhancements for the product you use, please find your product(s) below and click on the link(s):

Click here to see the 2025/2026 Red Wing Software Road Map to see all the exciting things we are working on in the future!

Single Subject Training

New live Single Subject Training sessions are now being offered. These sessions are designed to provide detailed information about a specific subject. Live sessions last 1-3 hours and are presented by an experienced Red Wing Software instructor. Participants join a scheduled session with other Red Wing Software users. If you attend a live Single Subject Training session, you receive 30-day access to a session recording.

You can view and register for all available sessions by clicking here or clicking the session link below.

Import Bank Transactions into CenterPoint using Plaid

Date: Wednesday, September 24, 2025
Time: 9:30 am – 11:30 am CDT
Cost: $59.00
Register Now

Inside Red Wing Software

Over the past 20 years, Red Wing Software has
been committed to delivering exciting new features
and functionality within CenterPoint to make managing your business as efficient as possible. We have
been working hard to continue this tradition with our
20th edition of CenterPoint, which is coming later this year! If you have any CenterPoint suggestions that would improve your experience, send them to suggestions@redwingsoftware.com or contact our Red Wing Software Technical Support department.