MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.
N/A
Sage 50cloud Accounting
Score 7.7 out of 10
Small Businesses (1-50 employees)
Sage 50cloud Accounting (formerly Sage 50 Accounting) is accounting software designed for small businesses. Sage 50cloud Accounting (formerly Sage 50, and formerly Peachtree) lets businesses invoice customers, pay bills, manage inventory, control costs, and pay employees. The solution includes high-level dashboards and in-depth reports.
$299
per year
Pricing
MIP Fund Accounting
Sage 50cloud Accounting
Editions & Modules
No answers on this topic
Sage 50 Pro Accounting
$299
per year
Sage 50 Premium Accounting
$449
per year
Sage 50 Quantum Accounting 3 User
Starting at $1,499
per year
Offerings
Pricing Offerings
MIP Fund Accounting
Sage 50cloud Accounting
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
Yes
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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Annual traditional plan with license, monthly, and annual subscription plans available.
I haven't used any other fund accounting software. I have used peachtree, Quickbooks, and PeopleSoft (but not a not for profit version). If you chose a program that does not offer the tracking of funds, you have to do that yourself. This leaves too much room for error or …
Despite it's higher cost, MIP offers the most flexibility with reporting than other programs which while less expensive, were more cumbersome to use and reporting set up was more labor intensive.
Utilized Oracle in a manufacturing instance, and it was great! The expense would not have been practical for a company of this size. It was much more user friendly and streamlined. MIP Fund Accounting is a major improvement over the QuickBooks programs.
QuickBooks and Peachtree just didn't have the multi-user environment depth that MIP has. As such, our clients transitioned over the years. From the Sage days onwards we have used MIP to great effect. Sure there have been bumps in the road but it is an intuitive product. With an …
Each not-for-profit is different. If it's an association QuickBooks works fine. Generally once you have restricted funds either blackbaud or MIP becomes the better solution. Many nonprofits use Great Plains Microsoft GP but with its inability to report multiple grant periods …
I don't think there are many comparable alternatives. I have used Financial Edge/Raisers Edge in the past. I felt the reporting was not as robust but I did like the ability to enter donations into Raiser's Edge and import them.
The less expensive alternatives such as QuickBooks …
Our company chose Abile MIP because a former employee (that was held in high esteem) recommended it. Since then, we have felt stuck with it due to the cost of switching over to another platform. I personally feel, as do many of my colleagues, that another platform would be …
The previous products that I've used were Quickbooks, Peachtree and MAS 90. None of these products were close in comparison to the ease of tracking and reporting capabilities.
Prior to selecting MIP, I was using Peachtree Accounting which was adequate for the much smaller organization we were at that point. However, we were quickly outgrowing its capabilities. MIP offers a far greater level of sophistication in all of its capabilities. The integrated …