What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

Microsoft Dynamics SL

49 Ratings
Score 6.9 out of 101

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Likelihood to Recommend

Abila MIP Fund Accounting

With Abila MIP's versatility I think it would be well suited for any industry, but especially for any industry where you wanted to be very specific on tracking or cost accounting. The ability to segment your accounts allows you to track by just about any method you would like to be successful.
Eric Harvey profile photo

Microsoft Dynamics SL

In the service series, there is a weakness in applying revenue recognition concepts which are a strong point of the project series. It is difficult to get a period sensitive WIP that could be recreated at any time for a point in time (fiscal period).
John K. Hodge, CPA profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
8.0
Microsoft Dynamics SL
8.5
Pay calculation
Abila MIP Fund Accounting
8.6
Microsoft Dynamics SL
9.6
Benefit plan administration
Abila MIP Fund Accounting
8.1
Microsoft Dynamics SL
Direct deposit files
Abila MIP Fund Accounting
8.7
Microsoft Dynamics SL
9.0
Salary revision and increment management
Abila MIP Fund Accounting
7.3
Microsoft Dynamics SL
Reimbursement management
Abila MIP Fund Accounting
7.3
Microsoft Dynamics SL
7.0

Customization

Abila MIP Fund Accounting
7.4
Microsoft Dynamics SL
7.3
API for custom integration
Abila MIP Fund Accounting
7.4
Microsoft Dynamics SL
6.0
Plug-ins
Abila MIP Fund Accounting
7.3
Microsoft Dynamics SL
8.6

Security

Abila MIP Fund Accounting
8.4
Microsoft Dynamics SL
7.0
Single sign-on capability
Abila MIP Fund Accounting
8.3
Microsoft Dynamics SL
6.0
Role-based user permissions
Abila MIP Fund Accounting
8.4
Microsoft Dynamics SL
8.0

Reporting & Analytics

Abila MIP Fund Accounting
7.4
Microsoft Dynamics SL
5.9
Dashboards
Abila MIP Fund Accounting
6.5
Microsoft Dynamics SL
6.8
Standard reports
Abila MIP Fund Accounting
7.8
Microsoft Dynamics SL
6.0
Custom reports
Abila MIP Fund Accounting
7.9
Microsoft Dynamics SL
5.0

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.5
Microsoft Dynamics SL
7.6
Accounts payable
Abila MIP Fund Accounting
8.5
Microsoft Dynamics SL
8.0
Accounts receivable
Abila MIP Fund Accounting
8.1
Microsoft Dynamics SL
6.0
Cash management
Abila MIP Fund Accounting
8.0
Microsoft Dynamics SL
Bank reconciliation
Abila MIP Fund Accounting
8.4
Microsoft Dynamics SL
Expense management
Abila MIP Fund Accounting
8.0
Microsoft Dynamics SL
Time tracking
Abila MIP Fund Accounting
7.1
Microsoft Dynamics SL
Fixed asset management
Abila MIP Fund Accounting
7.6
Microsoft Dynamics SL
Multi-currency support
Abila MIP Fund Accounting
6.2
Microsoft Dynamics SL
Multi-division support
Abila MIP Fund Accounting
8.1
Microsoft Dynamics SL
Regulations compliance
Abila MIP Fund Accounting
7.9
Microsoft Dynamics SL
Electronic tax filing
Abila MIP Fund Accounting
7.6
Microsoft Dynamics SL
Self-service portal
Abila MIP Fund Accounting
5.6
Microsoft Dynamics SL
Standardized Processes
Abila MIP Fund Accounting
6.6
Microsoft Dynamics SL
Global Financial Support
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Primary and Secondary Ledgers
Abila MIP Fund Accounting
Microsoft Dynamics SL
8.0
Intercompany Accounting
Abila MIP Fund Accounting
Microsoft Dynamics SL
7.0
Localizations
Abila MIP Fund Accounting
Microsoft Dynamics SL
5.0
Journals and Reconciliations
Abila MIP Fund Accounting
Microsoft Dynamics SL
7.0
Enterprise Accounting
Abila MIP Fund Accounting
Microsoft Dynamics SL
7.0
Configurable Accounting
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0

Inventory Management

Abila MIP Fund Accounting
4.2
Microsoft Dynamics SL
4.3
Inventory tracking
Abila MIP Fund Accounting
7.3
Microsoft Dynamics SL
6.0
Automatic reordering
Abila MIP Fund Accounting
1.0
Microsoft Dynamics SL
Location management
Abila MIP Fund Accounting
7.7
Microsoft Dynamics SL
1.0
Manufacturing module
Abila MIP Fund Accounting
1.0
Microsoft Dynamics SL
6.0

Order Management

Abila MIP Fund Accounting
4.7
Microsoft Dynamics SL
6.7
Pricing
Abila MIP Fund Accounting
6.7
Microsoft Dynamics SL
6.0
Order entry
Abila MIP Fund Accounting
6.8
Microsoft Dynamics SL
6.0
Credit card processing
Abila MIP Fund Accounting
2.5
Microsoft Dynamics SL
7.0
Cost of goods sold
Abila MIP Fund Accounting
2.7
Microsoft Dynamics SL
7.0
End-to-end order visibility
Abila MIP Fund Accounting
Microsoft Dynamics SL
8.0
Order exception Resolution
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.0
Microsoft Dynamics SL
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
Microsoft Dynamics SL
Configurable alerts
Abila MIP Fund Accounting
7.1
Microsoft Dynamics SL
Billing bypass
Abila MIP Fund Accounting
6.5
Microsoft Dynamics SL
Client template cloning
Abila MIP Fund Accounting
7.6
Microsoft Dynamics SL
Single sign-on
Abila MIP Fund Accounting
4.5
Microsoft Dynamics SL
Industry-specific versioning
Abila MIP Fund Accounting
8.3
Microsoft Dynamics SL
Legacy system data migration
Abila MIP Fund Accounting
7.0
Microsoft Dynamics SL

Subledger and Financial Process

Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Automated Invoice Processing
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Shared Services Payments
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Billings Management
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Customer Receipt Applications
Abila MIP Fund Accounting
Microsoft Dynamics SL
5.0
Customer Collections
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Revenue Recognition
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Cash Management
Abila MIP Fund Accounting
Microsoft Dynamics SL
5.0
Asset Management
Abila MIP Fund Accounting
Microsoft Dynamics SL
7.0
Travel & Expense Management
Abila MIP Fund Accounting
Microsoft Dynamics SL
5.0
Period Close
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Transactions Tax
Abila MIP Fund Accounting
Microsoft Dynamics SL
7.0
Subledger Reconciliations
Abila MIP Fund Accounting
Microsoft Dynamics SL
7.0

Project Financial Management

Abila MIP Fund Accounting
Microsoft Dynamics SL
5.7
Budgeting and Forecasting
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Project Costing
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Cost Capture
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Customer Invoicing
Abila MIP Fund Accounting
Microsoft Dynamics SL
5.0
Project Financial Performance Analysis
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Real-time Financial Reporting
Abila MIP Fund Accounting
Microsoft Dynamics SL
5.0

Grants Management

Abila MIP Fund Accounting
Microsoft Dynamics SL
6.3
Award Lifecycle Management
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Spending Control
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Billing
Abila MIP Fund Accounting
Microsoft Dynamics SL
7.0

Manufacturing

Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Production Management
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0

Supply Chain

Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0
Inventory Planning
Abila MIP Fund Accounting
Microsoft Dynamics SL
6.0

Pros

  • The flexibility of segment reporting allows us to generate detailed cost structures for multiple federal programs in a very efficient manner. This allows for effective and efficient on time reporting to funders.
  • The importing features allow for very efficient entry of high volume journal entries that also minimize mistakes.
Donavan Lam, CPA profile photo
  • Controls - Administrators can set very specific user roles and allow access to only the modules and screens that an employee needs. As far as accounting controls, the system does not allow you do delete items, manually adjust sub-ledgers, or other things that might raise red flags to auditors.
  • Multi-Currency - We use three different currencies, and Dynamics allows us to easily create journal entries, raise sales invoices, and receive payments in any of those currencies. The system automatically converts other currencies to the home currency for reporting purposes based on Fx rates that you enter each month. Any payments received in other currencies are applied to the invoice and then any gain or loss on the exchange is automatically booked to the Realized Gain/Loss account.
  • Subaccounts - Subaccounts/Classes/Dimensions are easy to set up for each GL account. You can control the combinations of subaccounts and accounts that are used to prevent users from accidentally keying invalid combinations. You can run reports on subaccounts to see all revenue or expenses for a specific subaccount.
No photo available

Cons

  • Sometimes pulling reports or building the reports to give you the results you want is difficult to achieve.
  • Creating budgets was a challenge at first as was updating those budgets when revisions occur.
  • We would like to see a copy and paste function added so when entering or changing descriptions you don't have to continually keep typing them over and over.
Tracie Lambright profile photo
  • Not Intuitive - A lot of the functionality of Dynamics is not intuitive. For example, when you are on a field where you can enter information from a pick list, you have to hit F3 to show the list. Once you get used to it, it's no big deal, but the initial learning curve is pretty high if you are trying to learn it on your own.
  • Reporting - The reporting feature is another area that is just not intuitive. There are a lot of canned reports that are separated by module, but you have to know how to use the feature to even get a basic report to work properly. I've been on the system for almost 10 years and I there are still some basic reports that I struggle to run if they're not ones that I use regularly (ex. an Aged A/R or customer statement for a single customer). The export to Excel leaves a lot to desire as well since the reports always have to be reformatted manually to even be usable.
  • Integration with other Systems - We use a separate CRM and quoting system to track customers and create sales quotes. Once the quotes are created, they have to be imported into Dynamics using a integration tool. The import crashes frequently and there are a lot of bugs.
  • Sales Tax - Dynamics does allow for the use of sales tax, but it is not very robust. We use a third party to import sales tax rates every month. Our sales tax is a little more complex than what the system can handle so we end up doing a lot of manual adjustments and double check every invoice before it is processed.
No photo available

Likelihood to Renew

Abila MIP Fund Accounting8.8
Based on 35 answers
I am not the decision-maker, but it would be my recommendation at this point.
Christine Frenzel profile photo
Microsoft Dynamics SL5.4
Based on 8 answers
Unfortunately, Dynamics' lack of ability to smoothly integrate with our CRM system is causing us to look at other solutions. The efficiencies that we gain by using Dynamics for our day to day accounting are lost in the constant headaches of getting sales quotes to import properly into the system for invoicing. Another major issue for us has been budgeting and reporting. We currently do all of our budgeting and board reporting in Excel, which is too time consuming and inefficient, especially when a system as robust as Dynamics should easily be able to handle this relatively simple task.
No photo available

Usability

Abila MIP Fund Accounting8.6
Based on 33 answers
If you are not an accountant, it would be very difficult to use. As an accountant there are aspects that are so specific that if you do not understand how they work and hand off to other parts of the software, you can really mess up your reporting.
Christine Frenzel profile photo
Microsoft Dynamics SL1.8
Based on 6 answers
I rate it a 10 because we have removed the fields we don't need so users can really crank the data into the system. The software was designed for the professional services firm in mind but does a tremendous job for construction firms and "blended" companies that are both distribution firms but project centric as well. Perhaps they drop ship inventory to a project where their employees or subs need to work on a project for example.
Jack Boyer, MCP, CPA (Inactive) profile photo

Reliability and Availability

Abila MIP Fund Accounting8.9
Based on 6 answers
I refer back to the previous questions. It has suddenly quit on me.
Christine Frenzel profile photo
Microsoft Dynamics SL9.9
Based on 2 answers
We have had only one unplanned outage for 2 hours in the last 30 months. We shut down for 30 min to 1 hour once a month, but that is for Microsoft OS updates to the servers. Being a 24/7 world wide operation, the reliability is really important. We do get an 8 hour window on the weekend that we can be down for a short period to install Microsoft Dynamics SL updates, but we do not have many of those. On our last version upgrade, we shut the users out at 9:30 am and were fully operational in less than 6 hours. The upgrade was New SQL server, New SL server and 2 new Citrix servers.
Mark Schrier profile photo

Performance

Abila MIP Fund Accounting9.9
Based on 6 answers
It usually loads very quickly and I am able to get to work right away.
Cindy Chapple profile photo
Microsoft Dynamics SL1.0
Based on 1 answer
No answer on this topic is available.

Support

Abila MIP Fund Accounting8.4
Based on 30 answers
I have a hard time using the online help features and can seldom find answers to the questions I have. When I call, I want to be able to get the answer, not be told I can go "online" to find the answer.
Christine Frenzel profile photo
Microsoft Dynamics SL9.5
Based on 4 answers
Support is only used when needed, so unfortunately ,they get all the odd issues. It's a difficult business, but Microsoft and our firm do a great job of meeting customer needs. We get routine feedback that our support services are very good.
Bill Aiton profile photo

In-Person Training

Abila MIP Fund Accounting8.0
Based on 6 answers
There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
Christine Frenzel profile photo
No score
No answers yet
No answers on this topic

Online Training

Abila MIP Fund Accounting9.9
Based on 3 answers
Personalized training provided for our organization
karen hoffman profile photo
Microsoft Dynamics SL1.0
Based on 1 answer
No answer on this topic is available.

Implementation

Abila MIP Fund Accounting6.9
Based on 19 answers
There were no records available to indicate where accounts with balances needed reversing entries. This problem carried forward for several years until it was traced back to implementation and reversed.
Christine Frenzel profile photo
Microsoft Dynamics SL9.0
Based on 4 answers
Don't use a firm to help you unless they have a fair amount of experience. This product is deep and broad-get all the capabilities you paid for.
Jack Boyer, MCP, CPA (Inactive) profile photo

Alternatives Considered

Abila MIP Fund Accounting was the only accounting software we researched. I previously worked in public accounting and worked with several clients who used Abila MIP Fund Accounting and highly recommended the software. We previously used QuickBooks, which was a good beginner software, but restricted us in certain aspects, especially with reporting
Tamour Kousha profile photo
We selected Dynamics SL because our business lives and dies by the success of our projects. A product that can tell you that you have a problem before you invoice, helps you get your project back on track much better. It's also much easier to evaluate across projects, tasks and project types-what you do well and where you need to improve.
Jack Boyer, MCP, CPA (Inactive) profile photo

Scalability

Abila MIP Fund Accounting8.9
Based on 6 answers
I have had some issues with the software suddenly closing with no reason given.
Christine Frenzel profile photo
Microsoft Dynamics SL1.4
Based on 2 answers
Since the backbone of the database is MS SQLServer, the database can be easily scaled.
Mark Schrier profile photo

Return on Investment

  • We are able to see the entire picture using MIP, this is very helpful for future planning.
Bianca Jurczak profile photo
  • Less time needs to be invested to create invoices from timecards.
  • Project profitability is right there for you to review as the whole product is "project-centric"-we do less of the work that tends to lose us money and more lucrative work.
  • The ease with which we are able to hide unwanted fields makes data entry simple.
  • The intuitive naming of the tables makes report writing much easier than most accounting/ERP products.
Jack Boyer, MCP, CPA (Inactive) profile photo

Screenshots

Pricing Details

Abila MIP Fund Accounting

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Microsoft Dynamics SL

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details