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Top Rated
614 Ratings

Abila MIP Fund Accounting

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Top Rated
614 Ratings
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Score 8.1 out of 101
25 Ratings
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Score 8.5 out of 101

Likelihood to Recommend

Abila MIP Fund Accounting

Well-suited for basic accounting, I would give it an 8. Drill-down would be nice on the general ledger to be able to look at the original entry. Maintaining the year codes and distribution codes is much too involved-this needs to be streamlined. Would be nice to be able to update information on encumbrances and purchase orders prior payment. The accounts receivable module is a bit of a nightmare-we don't use the invoicing function as it is too involved for our company. While the Accounting function deserves and 8, I would only give the payroll function about a 4.5-sorry.
Eris Tanner profile photo

QuickBooks Self-Employed

QuickBooks Self-Employed is a very detailed software to keep track of your finances and tax obligations. I'm reviewing the online version here and honestly, if you are into QuickBooks, it might be worth looking into the stand-alone software version. Ideally, if you work remotely, in various places and on more than one computer (desktop or laptop) then QuickBooks online is a good idea. But the slow interface is troubling to me and I spend a lot of time going through and correcting entries QuickBooks imports from my bank account. In fact, I've gone back to my stand-alone version of Quicken.
Tim Vahsholtz profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
7.5
QuickBooks Self-Employed
10.0
Pay calculation
Abila MIP Fund Accounting
8.8
QuickBooks Self-Employed
10.0
Benefit plan administration
Abila MIP Fund Accounting
6.9
QuickBooks Self-Employed
10.0
Direct deposit files
Abila MIP Fund Accounting
8.6
QuickBooks Self-Employed
10.0
Salary revision and increment management
Abila MIP Fund Accounting
7.0
QuickBooks Self-Employed
10.0
Reimbursement management
Abila MIP Fund Accounting
6.5
QuickBooks Self-Employed
10.0

Customization

Abila MIP Fund Accounting
8.3
QuickBooks Self-Employed
10.0
API for custom integration
Abila MIP Fund Accounting
8.1
QuickBooks Self-Employed
10.0
Plug-ins
Abila MIP Fund Accounting
8.4
QuickBooks Self-Employed
10.0

Security

Abila MIP Fund Accounting
8.6
QuickBooks Self-Employed
10.0
Single sign-on capability
Abila MIP Fund Accounting
8.6
QuickBooks Self-Employed
10.0
Role-based user permissions
Abila MIP Fund Accounting
8.7
QuickBooks Self-Employed
10.0

Reporting & Analytics

Abila MIP Fund Accounting
7.6
QuickBooks Self-Employed
7.4
Dashboards
Abila MIP Fund Accounting
6.9
QuickBooks Self-Employed
7.8
Standard reports
Abila MIP Fund Accounting
7.9
QuickBooks Self-Employed
7.5
Custom reports
Abila MIP Fund Accounting
7.9
QuickBooks Self-Employed
7.0

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.9
QuickBooks Self-Employed
8.8
Accounts payable
Abila MIP Fund Accounting
8.5
QuickBooks Self-Employed
9.9
Accounts receivable
Abila MIP Fund Accounting
8.2
QuickBooks Self-Employed
9.9
Cash management
Abila MIP Fund Accounting
8.1
QuickBooks Self-Employed
7.4
Bank reconciliation
Abila MIP Fund Accounting
8.5
QuickBooks Self-Employed
9.3
Expense management
Abila MIP Fund Accounting
8.3
QuickBooks Self-Employed
8.0
Time tracking
Abila MIP Fund Accounting
6.9
QuickBooks Self-Employed
6.9
Fixed asset management
Abila MIP Fund Accounting
7.7
QuickBooks Self-Employed
10.0
Multi-currency support
Abila MIP Fund Accounting
7.4
QuickBooks Self-Employed
10.0
Multi-division support
Abila MIP Fund Accounting
8.5
QuickBooks Self-Employed
10.0
Regulations compliance
Abila MIP Fund Accounting
8.2
QuickBooks Self-Employed
10.0
Electronic tax filing
Abila MIP Fund Accounting
7.8
QuickBooks Self-Employed
7.4
Self-service portal
Abila MIP Fund Accounting
6.9
QuickBooks Self-Employed
9.7
Standardized Processes
Abila MIP Fund Accounting
7.2
QuickBooks Self-Employed
4.0
Global Financial Support
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
Primary and Secondary Ledgers
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
Intercompany Accounting
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
Localizations
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
Journals and Reconciliations
Abila MIP Fund Accounting
QuickBooks Self-Employed
2.2
Enterprise Accounting
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
Configurable Accounting
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
Centralized Rules Framework
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0

Inventory Management

Abila MIP Fund Accounting
4.2
QuickBooks Self-Employed
10.0
Inventory tracking
Abila MIP Fund Accounting
7.3
QuickBooks Self-Employed
10.0
Automatic reordering
Abila MIP Fund Accounting
1.0
QuickBooks Self-Employed
10.0
Location management
Abila MIP Fund Accounting
7.7
QuickBooks Self-Employed
10.0
Manufacturing module
Abila MIP Fund Accounting
1.0
QuickBooks Self-Employed
10.0

Order Management

Abila MIP Fund Accounting
4.7
QuickBooks Self-Employed
10.0
Pricing
Abila MIP Fund Accounting
6.6
QuickBooks Self-Employed
10.0
Order entry
Abila MIP Fund Accounting
7.2
QuickBooks Self-Employed
10.0
Credit card processing
Abila MIP Fund Accounting
2.5
QuickBooks Self-Employed
10.0
Cost of goods sold
Abila MIP Fund Accounting
2.7
QuickBooks Self-Employed
10.0
Order Orchestration
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
End-to-end order visibility
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
Order exception Resolution
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.1
QuickBooks Self-Employed
10.0
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
QuickBooks Self-Employed
10.0
Configurable alerts
Abila MIP Fund Accounting
7.8
QuickBooks Self-Employed
10.0
Billing bypass
Abila MIP Fund Accounting
7.2
QuickBooks Self-Employed
10.0
Client template cloning
Abila MIP Fund Accounting
7.0
QuickBooks Self-Employed
10.0
Single sign-on
Abila MIP Fund Accounting
4.5
QuickBooks Self-Employed
10.0
Industry-specific versioning
Abila MIP Fund Accounting
7.9
QuickBooks Self-Employed
10.0
Legacy system data migration
Abila MIP Fund Accounting
7.5
QuickBooks Self-Employed
10.0
Branded client dashboards
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
Client data consolidation for benchmarking
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
Configurable client onboarding questions
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0
Cross-client workflow management
Abila MIP Fund Accounting
QuickBooks Self-Employed
10.0

Pros

Abila MIP Fund Accounting

  • 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

QuickBooks Self-Employed

  • Cross-platform compatibility (Browser, Android) makes it easy to see how my business is doing almost anywhere.
  • Smart enough to recognize and automatically categorize most of my transactions, so I don't have to fuss with spreadsheets at the end of the year.
  • Updates automatically and notifies me when it needs help, so I don't have to spend too much time babysitting it.
  • Integrated with TurboTax and automatically exports year-end tax info for easy filing.
Benjamin E. Jerew profile photo

Cons

Abila MIP Fund Accounting

  • 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

QuickBooks Self-Employed

  • Automatic mileage tracking used to work a lot better than it currently does. I got a new phone, and now I have to manually input call tracking, because it just doesn't work anymore.
  • When creating invoices, there should be a way to import data into an invoices from Excel, which would make the invoicing a lot faster. Additionally, being able to press ENTER to save a line item on an invoice would be nice. Currently it doesn't work that way.
  • Editing invoices shouldn't require sending a reminder.
Aaron Metzger profile photo

Likelihood to Renew

Abila MIP Fund Accounting

Abila MIP Fund Accounting 9.1
Based on 45 answers
It's the best software to fit our needs.
Nikki Patterson profile photo

QuickBooks Self-Employed

QuickBooks Self-Employed 10.0
Based on 1 answer
No answer on this topic is available.

Usability

Abila MIP Fund Accounting

Abila MIP Fund Accounting 8.4
Based on 39 answers
MIP is fairly easy to learn and to update. Whether it's transaction entry or reporting it has logical steps and maintains consistency. These are things that make usability a positive and not a negative.
Nikki Patterson profile photo

QuickBooks Self-Employed

No score
No answers yet
No answers on this topic

Reliability and Availability

Abila MIP Fund Accounting

Abila MIP Fund Accounting 9.0
Based on 6 answers
The only time we have had a big issue is when our server went out, and this was not a MIP issue
Frances LeClair profile photo

QuickBooks Self-Employed

No score
No answers yet
No answers on this topic

Performance

Abila MIP Fund Accounting

Abila MIP Fund Accounting 10.0
Based on 6 answers
It usually loads very quickly and I am able to get to work right away.
Cindy Chapple profile photo

QuickBooks Self-Employed

No score
No answers yet
No answers on this topic

Support

Abila MIP Fund Accounting

Abila MIP Fund Accounting 8.4
Based on 37 answers
I have been using this software for six years and love it
Danielle Apthorp profile photo

QuickBooks Self-Employed

No score
No answers yet
No answers on this topic

In-Person Training

Abila MIP Fund Accounting

Abila MIP Fund Accounting 8.0
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 Self-Employed

No score
No answers yet
No answers on this topic

Online Training

Abila MIP Fund Accounting

Abila MIP Fund Accounting 6.4
Based on 4 answers
Personalized training provided for our organization
karen hoffman profile photo

QuickBooks Self-Employed

No score
No answers yet
No answers on this topic

Implementation

Abila MIP Fund Accounting

Abila MIP Fund Accounting 6.3
Based on 22 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 Self-Employed

No score
No answers yet
No answers on this topic

Alternatives Considered

Abila MIP Fund Accounting

We looked at two other software products and they just couldn't track the separate funding sources the way we needed them too. It was going to be a lot of exporting and backtracking to get the right information (at that time). And Blackbaud just didn't seem to have enough "oomph" to be what we needed with the volume of transactions we have.
Marie Cline profile photo

QuickBooks Self-Employed

Honestly, this was the only option for me when I launched my business. I didn't even look at different companies for account services, since QuickBooks Self-Employed had the features and benefits that I needed to run daily operations of my business. Eventually, I will need to upgrade to a higher-level of service, but I will stick with QuickBooks when the time comes to do that.
Aaron Metzger profile photo

Scalability

Abila MIP Fund Accounting

Abila MIP Fund Accounting 9.0
Based on 6 answers
Not real sure what you mean by scalability. It seems to be able to handle all of the funds we are currently working with. If you mean the looks of it, some things are small and it would be nice to increase the size according to the user.
Frances LeClair profile photo

QuickBooks Self-Employed

No score
No answers yet
No answers on this topic

Return on Investment

Abila MIP Fund Accounting

  • We were using an outdated version of Great Plains previously. It was DOS based, and only one user could even use it. I can't even describe the difference that has obviously made.
  • We can produce information so much more timely and in a better format than with Great Plains.
  • We outsourced payroll for a while, but came back to Abila because we found it was just as easy.
Marie Cline profile photo

QuickBooks Self-Employed

  • Overall, tagging expenses and mileage has saved me thousands in taxes, for a relatively low cost of around $8/mo.
  • QuickBooks allows me to get invoices to clients quickly and accept online payments, which helps with cashflow.
  • The app has stopped tracking mileage automatically on my device, so I worry that sometimes I am not tracking business miles effectively, which could end up costing me at the EOY.
Aaron Metzger profile photo

Screenshots

QuickBooks Self-Employed

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 Self-Employed

General

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

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