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?.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. Profit Center reports allow managers to match those costs against the revenue generated. Cost Center reports allow managers to measure the impact of strategic decisions when managing costs for a particular responsibility center.

The CenterPoint Management Accounting module allows owners and managers the ability to match costs to revenue for a more accurate picture of profitability. CenterPoint becomes your main hub for information management. You can even include custom reports and shortcuts to launch other commonly used applications. Personalize the Quick List menu with functions that you use on a regular basis. Time–saving FeaturesĪ Transaction Search tool helps you quickly reference prior transactions and drill down to the transaction detail and make changes if needed. Income Statements and Cash Flows have the versatility to show actual–to–budget, year–to–date, and current year to previous year(s) for trend analysis. View Balance Sheets by book value, market value, or modified cash value. With CenterPoint management reports, you can uncover strengths and weaknesses and make adjustments to improve your position. You can easily modify a report by adding or removing columns of information, and drill down within a report to learn more about the data. Reports can be viewed on the screen, printed, exported to a variety of applications, or emailed to managers and lenders. Analysis has never been so easy! Take Control of Reports Powerful drill–down capabilities allow you to see the data behind the indicators, and trend information can be graphed for any number of years in your database. Included are guidelines developed by the Ferguson Group for 33 ratios and indices, as well as the ratios recommended by the Farm Financial Standards Council. A wide variety of farm industry standard ratios are included, and there is no setup necessary as data is based on categories already set up within CenterPoint. Use the ratios module to pinpoint areas of strength and weakness within your operation so you can increase profits and reverse negative trends.

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