What users are saying about

Abila MIP Fund Accounting

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Top Rated
603 Ratings

QuickBooks Pro

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Top Rated
511 Ratings

Abila MIP Fund Accounting

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Top Rated
603 Ratings
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Score 8 out of 101

QuickBooks Pro

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Top Rated
511 Ratings
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Score 8.1 out of 101

Add comparison

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

QuickBooks Pro

One of my clients is a manufacturing company utilizing QuickBooks with 15 employees to manage all aspects of their business. Frequent tasks being performed are generating purchase orders for raw materials, invoicing customers for finished products, and payroll. As the primary person supporting this installation I've found it easy to manage, control permissions for users, and upgrade each workstation. I also provide basic training on the operation of QuickBooks and even the employees with no previous experience find it easy to use and learn.
Bill Greganti profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
7.6
QuickBooks Pro
7.1
Pay calculation
Abila MIP Fund Accounting
8.8
QuickBooks Pro
8.3
Benefit plan administration
Abila MIP Fund Accounting
7.0
QuickBooks Pro
5.7
Direct deposit files
Abila MIP Fund Accounting
8.9
QuickBooks Pro
7.9
Salary revision and increment management
Abila MIP Fund Accounting
7.0
QuickBooks Pro
6.4
Reimbursement management
Abila MIP Fund Accounting
6.3
QuickBooks Pro
7.4

Customization

Abila MIP Fund Accounting
7.6
QuickBooks Pro
6.9
API for custom integration
Abila MIP Fund Accounting
7.6
QuickBooks Pro
7.0
Plug-ins
Abila MIP Fund Accounting
7.5
QuickBooks Pro
6.7

Security

Abila MIP Fund Accounting
8.4
QuickBooks Pro
8.4
Single sign-on capability
Abila MIP Fund Accounting
8.4
QuickBooks Pro
8.0
Role-based user permissions
Abila MIP Fund Accounting
8.4
QuickBooks Pro
8.7

Reporting & Analytics

Abila MIP Fund Accounting
7.3
QuickBooks Pro
8.2
Dashboards
Abila MIP Fund Accounting
6.2
QuickBooks Pro
8.0
Standard reports
Abila MIP Fund Accounting
7.8
QuickBooks Pro
8.8
Custom reports
Abila MIP Fund Accounting
7.9
QuickBooks Pro
7.9

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.5
QuickBooks Pro
7.7
Accounts payable
Abila MIP Fund Accounting
8.5
QuickBooks Pro
8.6
Accounts receivable
Abila MIP Fund Accounting
8.1
QuickBooks Pro
8.4
Cash management
Abila MIP Fund Accounting
7.9
QuickBooks Pro
8.2
Bank reconciliation
Abila MIP Fund Accounting
8.4
QuickBooks Pro
8.8
Expense management
Abila MIP Fund Accounting
8.0
QuickBooks Pro
8.2
Time tracking
Abila MIP Fund Accounting
6.6
QuickBooks Pro
7.3
Fixed asset management
Abila MIP Fund Accounting
7.5
QuickBooks Pro
7.6
Multi-currency support
Abila MIP Fund Accounting
6.0
QuickBooks Pro
7.4
Multi-division support
Abila MIP Fund Accounting
8.3
QuickBooks Pro
7.7
Regulations compliance
Abila MIP Fund Accounting
8.1
QuickBooks Pro
7.5
Electronic tax filing
Abila MIP Fund Accounting
7.6
QuickBooks Pro
8.0
Self-service portal
Abila MIP Fund Accounting
5.8
QuickBooks Pro
7.9
Standardized Processes
Abila MIP Fund Accounting
7.0
QuickBooks Pro
8.1
Global Financial Support
Abila MIP Fund Accounting
QuickBooks Pro
6.9
Primary and Secondary Ledgers
Abila MIP Fund Accounting
QuickBooks Pro
7.5
Intercompany Accounting
Abila MIP Fund Accounting
QuickBooks Pro
7.1
Localizations
Abila MIP Fund Accounting
QuickBooks Pro
7.2
Journals and Reconciliations
Abila MIP Fund Accounting
QuickBooks Pro
8.4
Enterprise Accounting
Abila MIP Fund Accounting
QuickBooks Pro
7.5
Configurable Accounting
Abila MIP Fund Accounting
QuickBooks Pro
7.3
Centralized Rules Framework
Abila MIP Fund Accounting
QuickBooks Pro
6.7

Inventory Management

Abila MIP Fund Accounting
4.2
QuickBooks Pro
6.1
Inventory tracking
Abila MIP Fund Accounting
7.3
QuickBooks Pro
7.0
Automatic reordering
Abila MIP Fund Accounting
1.0
QuickBooks Pro
6.0
Location management
Abila MIP Fund Accounting
7.7
QuickBooks Pro
5.8
Manufacturing module
Abila MIP Fund Accounting
1.0
QuickBooks Pro
5.7

Order Management

Abila MIP Fund Accounting
4.6
QuickBooks Pro
7.3
Pricing
Abila MIP Fund Accounting
6.7
QuickBooks Pro
7.0
Order entry
Abila MIP Fund Accounting
6.7
QuickBooks Pro
8.0
Credit card processing
Abila MIP Fund Accounting
2.5
QuickBooks Pro
7.7
Cost of goods sold
Abila MIP Fund Accounting
2.7
QuickBooks Pro
8.2
Order Orchestration
Abila MIP Fund Accounting
QuickBooks Pro
7.1
End-to-end order visibility
Abila MIP Fund Accounting
QuickBooks Pro
7.3
Order exception Resolution
Abila MIP Fund Accounting
QuickBooks Pro
6.1

Accounting Firm BPO Features

Abila MIP Fund Accounting
6.9
QuickBooks Pro
6.6
Client data roll-up capabilities
Abila MIP Fund Accounting
7.7
QuickBooks Pro
6.4
Configurable alerts
Abila MIP Fund Accounting
7.3
QuickBooks Pro
7.6
Billing bypass
Abila MIP Fund Accounting
6.3
QuickBooks Pro
6.6
Client template cloning
Abila MIP Fund Accounting
7.6
QuickBooks Pro
6.5
Single sign-on
Abila MIP Fund Accounting
4.5
QuickBooks Pro
8.0
Industry-specific versioning
Abila MIP Fund Accounting
8.4
QuickBooks Pro
6.4
Legacy system data migration
Abila MIP Fund Accounting
6.8
QuickBooks Pro
6.0
Branded client dashboards
Abila MIP Fund Accounting
QuickBooks Pro
6.3
Client data consolidation for benchmarking
Abila MIP Fund Accounting
QuickBooks Pro
6.0
Configurable client onboarding questions
Abila MIP Fund Accounting
QuickBooks Pro
6.4
Cross-client workflow management
Abila MIP Fund Accounting
QuickBooks Pro
6.0

Pros

  • It allows you to create folders in which you can scan invoices, business associate contracts, and contracts in general by vendor. This allows us to keep everything in one place digitally. The good thing about this is that it speeds up finding old invoices, and allows you to send audit selections to the auditor faster due to the items selected already being scanned in digitally.
  • MIP allows for the creation of distribution codes. These are nice as they allow you to charge out common costs to multiple departments in a quick manner. Without this feature, one has to key in manually many line items into the system each and every month. Plus this feature allows for consistency, and elimination of keying errors.
  • If you have the Chart of Accounts set up properly, this system allows you to better track items by departments, Revenue/Fund codes, Location, and by GL. This is important as it allows for better analysis, tracking and reporting.
  • As for the budgeting module, this is also nice as you have the ability to upload your budget via a CSV file or you can manually cut and paste your numbers from excel into the system as well. The key thing though is setting up your budget template to match the format in MIP when cutting and pasting.
Erich Koch profile photo
  • Inventory management with low stock indicators has made it easy to ensure I have the necessary parts and supplies I need for my jobs.
  • Time tracking and being able to invoice on that time makes it simple to bill clients for work I have performed. Prior to QuickBooks I had time that I wasn't getting paid for because I would forget to invoice for it.
  • The extensive number of reports available as well as customizations allows me to see how my sales are doing on a regular basis in different areas of the market.
Bill Greganti profile photo

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
  • The lack of a mobile app, and the lack of features in the former version, made it difficult to function while away from the desktop. However, I have found several third-party apps that fulfill these needs and often contain more features.
  • The server/multi-user access can have problems occasionally which requires some finessing of the services to keep it running. Problems that were once resolved seem to reappear in future upgrades. Standalone and peer-to-peer multi-user installations don't seem to have these issues.
Bill Greganti profile photo

Likelihood to Renew

Abila MIP Fund Accounting9.0
Based on 37 answers
We are not in the market for a new solution as this product works well for us and renewal is affordable.
Christine Ulshoffer profile photo
QuickBooks Pro10.0
Based on 17 answers
Overall the features of PRO are just not enough to run a great company with good reporting and smooth accounting. If you're serious about getting your finances organized, step up to PREMIER or ACCOUNTANT. The small additional investment will be well worth while. And for truly world-class security and performance, please consider having your QuickBooks hosted on a virtual network. By doing this you will relieve yourself of the hassle, expense, and danger of making your own backups, protecting your QuickBooks files from viruses, and of course, getting hacked. A hosted platform will protect you from all of these things and make your QuickBooks files available to your team from anywhere in the world.
David Worrell profile photo

Usability

Abila MIP Fund Accounting8.7
Based on 34 answers
The system is very usable from my point of view - we have not experienced any difficulty in the daily functions
Christine Ulshoffer profile photo
QuickBooks Pro9.0
Based on 9 answers
It does the job. Mistakes can be corrected and it provides overall the information needed to complete financial statements or tax returns.
No photo available

Reliability and Availability

Abila MIP Fund Accounting9.0
Based on 6 answers
It is mostly available when it is needed, however there have been power and internet outages that have limited the availability of programs.
Cindy Chapple profile photo
QuickBooks Pro8.3
Based on 2 answers
I haven't experienced a time when QuickBooks Pro was unavailable when I needed it in the entire 20 years of using the software
No photo available

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
No score
No answers yet
No answers on this topic

Support

Abila MIP Fund Accounting8.6
Based on 32 answers
Our reseller and the MIP technical support team has been very reactive when questions or problems have arisen. The reseller has been especially helpful in figuring what to do about entry problems.
Nikki Patterson profile photo
QuickBooks Pro8.0
Based on 7 answers
I haven't had any major issues or complaints. I think there is always room for improvement; the software isn't flawless, but it has been super helpful in creating manageable financials for our start-up business. When I have needed support help, which hasn't been real often, usually the problem is resolvable. I have occasionally had to pay extra fees for help, but nothing unreasonable.
Erika Neilson 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
QuickBooks Pro10.0
Based on 1 answer
Best thing I ever did was to attend a two day training seminar on QuickBooks, I learned an immense amount in a short time with hands on training by experts. I strongly recommend such training for anyone using any part of the software. It will pay for itself in the first month.
Chuck Bunn profile photo

Online Training

Abila MIP Fund Accounting10.0
Based on 3 answers
Personalized training provided for our organization
karen hoffman profile photo
No score
No answers yet
No answers on this topic

Implementation

Abila MIP Fund Accounting6.9
Based on 19 answers
Again, I was not directly involved with the planning and setup of the software. However, I was involved in training my staff during the implementation phase. As with any software implementation, consistency of training is key and a willingness to seek out help from Customer Support helps tremendously to insure accuracy of information and training.
Jeffrey Chapman profile photo
QuickBooks Pro9.0
Based on 6 answers
We implemented the software ourselves. The training we received on the software was done by taking a community course teaching us how to use QuickBooks. It allowed me to get started with some basics of how to use the program and have not needed much assistance since completing the course work.
Erika Neilson profile photo

Alternatives Considered

I have not had an opportunity to compare this system to others. I had no input in selecting this system. I would have liked to have compared it to other systems in terms of ease of use/intuitiveness, flexibility and granularity of report development, and capabilities in dealing with prior year adjustments and their effect on trial balance reporting. On those counts, I do not think the system scores very high
Thomas Harty profile photo
While these are fairly differently used, Blackbaud has a better UI than QuickBooks, but QuickBooks has much more internal functions for billing and payment.
Heath Achatz profile photo

Rating for Public Practice CPAs

No score
No answers yet
No answers on this topic
QuickBooks Pro8.5
Based on 22 answers
It helps us with providing a good basic level accounting package useful for small businesses. Ease of use and the ability to record transactions without much accounting knowledge is a benefit to my clients. It lets us easily download a file for our year end audit and tax work.
John Walczak CPA CFE profile photo

Scalability

Abila MIP Fund Accounting9.0
Based on 6 answers
I have had some issues with the software suddenly closing with no reason given.
Christine Frenzel profile photo
QuickBooks Pro8.0
Based on 1 answer
No answer on this topic is available.

Return on Investment

  • It has had a negative impact in that it remains too time consuming to get information that is needed out of the system.
  • It is not very intuitive in lending an easy way to figure out what types of reports to run and what information can be included.
  • Too many strange results are obtained when running trial balance reports. I get different results based on different date parameters.
Thomas Harty profile photo
  • By entering our bills as they arrive we get reminders when payment dates are coming due as well as making it easy to track where the money is going
  • Invoicing has made tracking money owed to us easy and cut down on having to call people looking for money owee to us.
  • Quickbooks built-in templates for invoicing & quotes we have been able to have a more professional look to present to customers
Heather Pellegrini 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

QuickBooks Pro

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