What's New in CenterPoint Fund Accounting
*Incremental version that is available on demand. Call Red Wing Software Technical Support to request this update.
Version 12.22*
General Accounting
- Fixes
File > New > Data Transfers > QuickBooks – Fixed a unique error when migrating data from Quickbooks to CenterPoint dealing with the company file action.
Version 12.21*
General Accounting
- Fixes
Setup > General > Data Entry Templates > Export – Templates can now be exported without error.
Version 12.19/12.20*
General Accounting
- Released to keep the version number consistent with other CenterPoint products.
Version 12.18*
General Accounting
- Released to keep the version number consistent with other CenterPoint products.
Version 12.17*
General Accounting
- Fixes
- Processes > Banking > Positive Pay Issue Files - When transactions are entered with multiple detail lines to the same account and amount or the same amount and different account, all of the detail lines for the transaction will now be included in the issue files.
Purchase Orders
- Fixes
- Purchases > Expenditures > Purchase Order Maintenance – You will now be able select Inventory Location as a Deliver To option if you have the Inventory Locations module.
Version 12.16*
General Accounting
- Fixes
- Forms Printing - When multiple copies of checks, invoices, or purchase orders are printed, the system will print the forms uncollated, as was the case prior to CenterPoint Fund Accounting version 12.9. For example, if you are printing two copies CenterPoint will print 1,1,2,2,3,3 instead of 1,2,3,1,2,3.
Version 12.15
General Accounting
System
Updated TeamViewer to version 14.
- Setup
Forms Designer > Invoice Form Designer - Added Line Fund and Line Fund/Abbreviation to the available Fields List. This field will allow you to include the detail line Fund on the customer invoice. (For example, when multiple funds use the same bank account the fund will print on each detail line of the customer invoice.)
Accounts > Account Categories > Mass Update - Added the ability to mass update balance details for account categories.
Names > Custom Name Fields - Custom name fields can now be deleted. If you delete a custom name field it will remove the data for that field from any name it is associated with.
- Processes
Sales > Customer Invoices > Invoicetab - Replaced the Freight and Miscellaneous labels with buttons that display a new screen where management details such as profit center, project, associated account/fund, or notations are entered. Also added an Amount Received button which consolidates the Pay In Full, Amount Rcvd, and Deposit fields into one screen where you can apply deposits/term discounts and pay the remaining balance while assigning the receipt account, payment type, and check/ref#.
- Reports
Banking > Cash Account Activity - Added an optional Notation available column to the report.
- Fixes
Reports > Reports > Transaction Reports > Receipts > Receipts Journal (Summary) and Receipts Journal (Detail) and Payments Journal (Summary) and Payments Journal(Detail) - When the Cash Account report selection filter is used and a Cash account is excluded, the report will now display successfully without error.
Setup > Forms Designers
- Check Stub Form Designer and Payroll Check Stub Form Designer > File > Open - Check stubs can now be opened from an imported file without a form design open in the Form Designer first.
System-supplied forms can no longer be deleted.
Imported forms can now be printed without error.
File > Security > Security Policies - Added a security policy for the General Journal Entries screen.
Purchase Orders
- Setup > Forms Designer > Purchase Order Form Designer - Added Line Fund and Line Fund/Abbreviation to the available Fields List. This field will allow you to include the detail line Fund on the purchase order. (For example, when multiple funds use the same bank account the fund will print on each detail line of the purchase order.)
- Fixes
Processes > Purchases > Receive Purchase Orders- The Inventory Location can now be selected for received Lotted/Serialized items.
Version 12.13/12.14
General Accounting
- Released to keep the version number consistent with other CenterPoint products.
Version 12.11/12.12
General Accounting
- Released to keep the version number consistent with other CenterPoint products.
Version 12.10
General Accounting
- Released to keep the version number consistent with other CenterPoint products.
Version 12.9
General Accounting
System
Updated the United States and Canadian zip codes as of July, 2017.
All transaction, print, and preference screens that allow you to select a form type to print or email will now display the forms to select from sorted to display customer designed forms on the top of the list followed by system supplied forms.
Help
- CenterPoint Help
- Added a new Videos button to the main Help screen and added many new videos.
- Removed the specific product vertical name from the menu name. The resulting menu name will always display as Help > CenterPoint Help.
- File
- Security > Security Policies - Added a new Global Policies security policy that determines if the Combine function is allowed for maintenance items..
- Setup
Forms Designer
- Updated the user interface to use a new modern look for the Invoice Designer (Basic), Invoice Designer (Detail), Purchase Order Designer, Check Form Designer, Check Stub Designer, and Payroll Stub Designer. Existing custom forms have been converted to the new designers, but users with custom forms should check them for accuracy. See the Forms Designer document for additional information.
Check Stub Form Designer - Added Line Fund and Line Fund (Abbreviation) fields to the available Field List. When a check is written that affects multiple funds, these fields allow you to include each fund affected on the check stub.
- Reminders - For Scheduled Reminders, if Daily or Monthly is selected in the Activate this Reminder box, a new Select All/Unselect All button can be used to help select the days/months the reminder is activated.
Names > Address tab - Added an Active check box which will allow you to inactivate an address.
- Processes
Transactions - Added Memo lines to Special, Periodic, and General Journal transaction screens, The Memo Line 1 box allows entry of an optional memo for the transaction. If the transaction is assigned a name that was setup with a default memo, it will display automatically in Line 2 and can be overridden..
Sales > Print/Email Invoices
- Filters - Added Invoice Number to the list of available filters.
Added the ability to define a From and To range that allows you to specify a range of invoices o print/email for the Invoice Number filter.
Purchases
- Pay Invoices Due - Changed the "Only include invoices from vendors setup to receive ACH payments" filter selection option label to "Include ACH vendors only".
Print/Email Checks - Added the ability to define a From and To range that allows you to specify a range of checks (advices) to print/email in the Check Number filter.
Batch Transactions
- To view the last date a recurring batch was posted, a new Last Posted column can now be added to the List tab by right-clicking and selecting Add/Remove Columns.
Transaction Activity tab > Print Order button - Added new Abbreviation and First, Last Name print order options.
- Reporting Tools
Budgets > Budget Properties or Financial Analysis > Analysis Properties - When the Include Account Numbers check box is chosen, added the ability to order accounts by either Account Name or Account Number.
- Reports
Setup Lists > General > Recurring Transactions - Added a new report that displays a list of recurring transactions setup for names.
- Transaction Reports
Sales & Accounts Receivable
- Customer Ledger - Added an optional Customer PO # available column to the report..
- Fixes
Processes
- Sales > Customer Invoices > Edit - When an edited customer invoice is posted as a negative customer deposit invoice, the invoice will no longer display on the Vendor Aging report.
Special Transactions - When an area is clicked that is not a button at the bottom of the screen, a previous transaction will no longer be displayed.
Purchase Orders
- Processes > Purchases
- Receive Purchase Orders - After successfully posting a purchase order receipt via the Post button, the cursor will now display in the Purchase Order lookup field or the first field after the Purchase Order lookup if Set Tab Stops are defined and the Purchase Order lookup is not selected.
Purchase Orders > Save - When saving purchase orders, lines entered to an account in the Work in Process account category can now be saved with \zero quantities with dollar amounts.
- Fixes
Processes > Purchases > Purchase Orders - The Vendor Balance will now display the accurate balance for the selected vendor and fund.
Version 12.8
General Accounting
- Released to keep the version number consistent with other CenterPoint products.
Version 12.7
General Accounting
- Fixes
- Processes > Banking > Bank Reconciliation - In specific situations, when reconciling bank statements with earned interest, an error will no longer display and the Fees & Interest tab will populate correctly.
Version 12.6
Tools
- Fixes
- CenterPoint Data Browser – Solved a data access issue.
Version 12.5
System
- Active directory security – Modified service bureau active directory security to allow the selection of active directory users or groups.
Version 12.4
General Accounting
- Fixes
- Processes > Purchases > Print/Email Checks (Advices)
- Filter - You can now select Line of Credit accounts in the Bank Account filter.
Payments entered that are offset to another bank account or line of credit account, can now be printed/reprinted or emailed/resent.
Payments entered to a Revenue account can now be printed/reprinted or emailed/resent.
Version 12.3
General Accounting
- Fixes
- Processes > ACH Files > Create ACH File
- The detail record trace number (sequence number) will now begin with 0000001 and increment sequentially for each fund/batch in the ACH file.
- When Transaction Code 52 - Loan Account (Credit) is set for a vendor on the Setup > Vendors > ACH Payments tab, invoice amounts for the vendor will now be included in the sum of the offsetting debit.
Version 12.2
General Accounting
- Released to keep the version number consistent with other CenterPoint products.
Version 12.1
General Accounting
- Fixes
- Reports >Reports
- Transaction Reports > Purchases & Accounts Payable > Vendor Aging - The vendor abbreviation will now print on the report.
Intercompany Payroll
- Intercompany Payroll Payables - The report will now display only posted transactions and the Payroll Fund, added an optional Transaction Number available column for transactions other than the payroll liability, and removed the Transaction Id column from the report.
Intercompany Payroll Receivables - The report will now display only posted transactions and the Payroll Fund, added an optional Transaction Number that will report the reimbursement transactions, and removed the Transaction Id column from the report.
Enhanced Accounts Receivable
- Fixes
- CenterPoint Data Importer - When the Type of Import is set to Transactions - Customer Invoices, the Unit Price will now be imported from the .CSV file.
Version 12.0
General Accounting
File
- Preferences
- Email Setup > Vendor Checks (Pay Advices) and Vendor Invoices > Emailing Checks - This preference allows you to specify the default (template) e-mail message, subject, check type and stub type to use for emailed vendor checks (pay advices).
Printing > Checks- Added a new ACH Payment Advice check type which replaces the dollar amount terminology with the words NON-NEGOTIABLE.
Administration > Lock Periods - The period will now display the period containing the current system date if it is not locked, otherwise it will display as the first unlocked period following the current system date. If all periods are locked, the period will be set to the last period or if there is no period containing the current system date, the period is set to the most recent period in the database.
Security > Security Policies - Added menu level security policies for Processes > Purchases > Print/Email Checks (Advices) and Processes > Sales > Print/Email Invoices and Print/Email Receipts.
New > Data Transfers > Quickbooks - Added the ability to import master data from QuickBooks® software into CenterPoint.
- Setup
- Names > Names > Email/Print tab - Added a new Checks (Advices) column to the Email Addresses and Options grid.
- Accounts
Accounts > Detail tab > Detail tab > Positive Pay Detail tab - .Added a positive pay export format for MB Financial Bank, US Bank, and BMO (Harris) Bank.
Account Categories > List tab - Added an optional Is Active available column.
Funds > Additional Detail tab
- Changed the Fund Type of Limited Liability Corporation to Limited Liability Company.
Added the Fund Type of Trust.
Fixed Assets > Fixed Assets - When right-clicking and setting the default accounts for the Accumulated Depreciation and Depreciation Expense accounts, a message now displays that describes that default accounts are set at the parent general ledger account on the Detail tab.
- Processes
ACH Processing - Added new features that will allow you to electronically transfer payment from your bank to a payee through the Automated Clearing House (ACH). For detailed information, please see the ACH: Setup & Processing document.
Revenues
- Receipts - Added an Email button to the receipt screen which allows you to attach a PDF copy of the receipt in an email if the customer is set to receive emails or if the Email Settings are set to receive an email.
- Print/Email Invoices - Added a new menu that allows you to print/reprint or email/resend invoices. This menu replaces the Print/Email Checks/Invoices menu.
Receipts > Print/Email Receipts - Added a new menu that allows you to print/reprint or email/resend receipts.
Customer Invoices (Basic) and Receipts - Added an optional Associated Fund column to the data entry grid.
Billing Statement - Added a new Header Text billing statement selection for use with the Billing Statement (Enter Name) statement that allows you to enter text that will replace your fund name that usually appears in the upper-left side of the billing statement.
- Expenditures
- Print/Email Check (Advices) - Added a new menu that allows you to print/reprint checks and email/resend payment advices.
Vendors Invoices (A/P) and Payments - Added an optional Associated Fund column to the data entry grid.
- Reports
- Transaction Reports
Payments/Receipts Journal (Summary) and Payments/Receipts Journal - The summary and detail versions of the reports will now consistently report the same transaction information.
Payments Journal - The Payee column will now display as a default on the report.
Payments Journal and Payments Journal (Summary) - Added a Display Notation filter that will allow you to include a notation under each entry rather than in a separate column on the report.
General Ledger > General Ledger - If an account is maintained by a management detail (department, location, etc.) and a management detail filter is applied to the report, the beginning and ending balance will now be filtered by the management detail. Accounts not maintained by a management detail will now have the beginning and ending balance suppressed when a management detail filter is applied to the report.
Sales & Accounts Receivable > Sales Detail with Gross Margin - Added a Sales Group and Sales Group Abbreviation available column to the report. Also added an optional Sales Group report selection filter to the report.
- Fixes
File > Backup - You will no longer receive an error when the Backup screen is closed and the File > Preferences > General > Backup is set to back up when you exit CenterPoint and the File > Preferences > General > Base Settings Right Click Options is set to Database.
Transactions
- When a transaction screen is selected where a Name is set to load by default and that name is set to load a default recurring transaction, the recurring transaction will now display as defined without error.
Processes > Banking > Bank Reconciliation > Fees & Interest tab - Multiple bank fees or interest earned will now be saved when the bank reconciliation is saved.
Setup
- Accounts > Accounts > Balances tab
Beginning Period - The beginning balance amount entered will now replace the current 0.00 value in the field.
Reports
Reporting Tools
- Transaction Search
- When searching for payment history using the Extended Detail with Break on Transaction format definition and displaying activity linked to the original transaction, the Notation column will now display the notation associated with the detail in the original invoice.
When a check is voided with the Reissue Check option selected, the check will no longer print a blank check stub.
- Budgets
You can now use the Edit > Adjustments or Copy To Budget menu selections on a budget marked with security Limitation filters without error.
Transaction Reports
Purchases & Accounts Payable > Vendor Aging - The report will no longer combine vendors with the same name or abbreviation.
Financial Statements
- Income Statement (Actual/Budget) - The YTD Budget % of Sales column can now be added to the report without receiving an error.
Income Statement - You will no longer receive an error when the Current Year UOM1 Name or Current Year UOM2 Name columns are added to the report and the Include Accounts report selection filter is set to All Active.
Enhanced Accounts Receivable
- Setup
- Customers > Email/Print tab and Vendors Email/Print tab - Added a new Checks (Advices) column to the Email Addresses and Options grid.
Customers > Accounting tab - Added a right-click Set As Default option to the Billing Statement Type. If a default option is set for a customer, it will be set for new customers. If a default is not set, new customers will default to the Balance Forward Billing Statement Type.
- Inventory > Update Prices from Vendor File
- Improved the efficiency of the price update for all price update types.
Added a progress bar that will help estimate the time the price update will take to complete.
- Processes > Customer Invoices - Added an optional Associated Fund column to the data entry grid.
Reports > Reports > Transaction Reports > Sales & Accounts Receivable
- Customer Item Sales (Detail) - Added the following optional columns to the report: Contact, Description, Address1, Address2, Address3, City, State, and Zip.
Sales Journal - Added the following available columns to the report: Shipping Method, Shipping Method Abbreviation, Terms, and Terms Abbreviation. Also added the following optional report selection filters to the report: Shipping Method and Terms.
Purchase Orders
- Processes > Purchases
- Receive Purchase Orders - Added an optional Inventory Location column to the grid.
Added an optional Associated Fund column to the data entry grid.
Tools
- CenterPoint Data Importer
- Names Import
When the Type of Import is set to Names, the Abbreviation column is now marked as a Required column in the file.
- When the Type of Import is set to Names, added five new ACH related columns; ACHIsActive, ACHStandardEntryClass, ACHTransactionCode, ACHBankAccountNumber, and ACHBankRoutingNumber.
- Sales Item Import
- When the Type of Import is set to Sales Items, the SalesAccount, ReturnAllowancesAccount and SalesCategory columns are no longer required columns in the file.
- When the Type of Import is set to Sales Items and the Import Action is Add and the import file contains abbreviations that exist in CenterPoint, the log will automatically display noting that the item couldn't be added while adding other unique data in the file.
- When the Type of Import is set to Sales Items and the Import Action is Update and the import file contains abbreviations that don't exist in CenterPoint, the log will automatically display noting that the item couldn't be updated while updating the data with abbreviations that do exist in CenterPoint.