MIP Fund Accounting vs. QuickBooks Desktop Enterprise

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MIP Fund Accounting
Score 9.0 out of 10
N/A
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
QuickBooks Desktop Enterprise
Score 8.0 out of 10
N/A
QuickBooks Desktop Enterprise is a widely-used accounting package designed for small to mid-sized businesses. It is the top of the QuickBooks line. Pricing starts at $3,000 for five users, and goes up depending on the number of additional users. They also offer an Advanced Inventory module for $999 / year.
$1,703
per year per user
Pricing
MIP Fund AccountingQuickBooks Desktop Enterprise
Editions & Modules
No answers on this topic
Diamond
$447
per month per user
Diamond with Remote Access
$513
per month per user
Gold
2,210.00
per year per user
Platinum
2,717.00
per year per user
Gold with Remote Access
3,000.00
per year per user
Platinum with Remote Access
3,504.00
per year per user
Offerings
Pricing Offerings
MIP Fund AccountingQuickBooks Desktop Enterprise
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
MIP Fund AccountingQuickBooks Desktop Enterprise
Considered Both Products
MIP Fund Accounting
Chose MIP Fund Accounting
MIP Fund works well such as one competitor I have used before. Adapting to other online program software systems is the only thing I can think of that MIP could do better. But primarily as a non-profit with little time on hand and always overworked, a simpler software program …
Chose MIP Fund Accounting
Much better user interface and menu structure.
Chose MIP Fund Accounting
We chose MIP Fund Accounting for a better cost especially for non-profit industry over Quickbooks.
Chose MIP Fund Accounting
I prefer MIP to the other software I have been exposed to based on cost, ease of use, and functionality. I have tried Blackbaud about 14 years ago and was not impressed as it was hard to use and not intuitive at all. As for quickbooks, I have not used that program in mane …
Chose MIP Fund Accounting
We are non-profit organization. We provide housing for underserved people and social services for homeless population with mental illnesses. We have a few different programs, specifically for properties that belong to the organization. It is extremely important that we can …
Chose MIP Fund Accounting
MIP has better reporting and more range for our custom needs
Chose MIP Fund Accounting
Compared to other software I've used, MIP is by far the most user friendly and easiest to operate that've I've seen. Reports are easy to run, and I love being able to narrow down the information to only pull specific items.
Chose MIP Fund Accounting
I've also used AS400. I like all 3 programs, but MIP Fund Accounting is the first fund accounting program I've used and I love it. I've seen other FA software, but they don't compare to MIP Fund Accounting.
Chose MIP Fund Accounting
We have not considered any other products at this stage.
Chose MIP Fund Accounting
TCO, reporting, flexibility and support are at the level you require in a large non-profit arena.
Chose MIP Fund Accounting
I was not involved in the decision to puchase MIP - it was already in use when I started here at the school.
Chose MIP Fund Accounting
I liked the financial reporting functionality of Sage Intacct, but MIP Fund Accounting is definitely the better product for tracking many different funds.
Chose MIP Fund Accounting
SAP had a huge learning curve, but it was more useful for a larger operation. Quickbooks is good for starting out with but not great long term. Xero is great for small businesses.
Chose MIP Fund Accounting
When our company first started, we used QuickBooks Pro. I felt it worked fine for the organization when we had just one funding stream. As the organization grew, we decided to move to MIP but I was hesitant as it was new to me, more detailed transactions and overall a more …
Chose MIP Fund Accounting
Many competing products may not offer some of the comprehensive all-in-one type solutions that are found in MIP Fund. Non-profits can have particulate needs such as specialized taxation, funding, and membership support not always address in other commercial oriented products. …
Chose MIP Fund Accounting
I personally have used QuickBooks, Quicken, and a long-ago product by Software International. QuickBooks and Quicken are easier to use, but do not provide the reporting that MIP provides.

Non-profits need an easy way to allocate expenses between grants, especially payroll. They …
Chose MIP Fund Accounting
It's as good and better in almost all areas of any program I have ever worked in.
Chose MIP Fund Accounting
MIP combines the level or functionality that is needed for complex non profits, NGO's with ease of use of intuitive software. MIP provides the ability to customize as much or as little as needed for Fund/ Grant Accounting. You need to be able to produce reports for Program …
Chose MIP Fund Accounting
After evaluating about 10 other accounting software alternatives; MIP was chosen due to the cost effectiveness; not having to host in the cloud; being able to maintain without having to hire consultants; and the product itself met our required needs.
Chose MIP Fund Accounting
This software was built for the fund accounting needs of non-profit organizations. This is a very small market compared to normal accounting needs, so there is not a lot of software out there that does this, and even fewer that do it as well.
Chose MIP Fund Accounting
MIP is much more robust than Quickbooks or other out of the box accounting solutions. Yes, it is much more expensive and you do pay by the user so fees do grow considerably.
QuickBooks Desktop Enterprise
Chose QuickBooks Desktop Enterprise
Simple, fast, inexpensive and easy to teach non financial people
Features
MIP Fund AccountingQuickBooks Desktop Enterprise
Payroll Management
Comparison of Payroll Management features of Product A and Product B
MIP Fund Accounting
-
Ratings
QuickBooks Desktop Enterprise
8.5
125 Ratings
12% above category average
Pay calculation00 Ratings9.2118 Ratings
Benefit plan administration00 Ratings7.971 Ratings
Direct deposit files00 Ratings9.0102 Ratings
Salary revision and increment management00 Ratings8.193 Ratings
Reimbursement management00 Ratings8.394 Ratings
Customization
Comparison of Customization features of Product A and Product B
MIP Fund Accounting
-
Ratings
QuickBooks Desktop Enterprise
7.4
85 Ratings
2% below category average
API for custom integration00 Ratings7.768 Ratings
Plug-ins00 Ratings7.277 Ratings
Security
Comparison of Security features of Product A and Product B
MIP Fund Accounting
-
Ratings
QuickBooks Desktop Enterprise
8.8
178 Ratings
7% above category average
Single sign-on capability00 Ratings9.1139 Ratings
Role-based user permissions00 Ratings8.4176 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
MIP Fund Accounting
-
Ratings
QuickBooks Desktop Enterprise
8.2
197 Ratings
5% above category average
Dashboards00 Ratings8.2167 Ratings
Standard reports00 Ratings8.9195 Ratings
Custom reports00 Ratings7.7187 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
MIP Fund Accounting
-
Ratings
QuickBooks Desktop Enterprise
7.9
201 Ratings
4% above category average
Accounts payable00 Ratings8.7194 Ratings
Accounts receivable00 Ratings8.4194 Ratings
Cash management00 Ratings8.9177 Ratings
Bank reconciliation00 Ratings9.5190 Ratings
Expense management00 Ratings8.1178 Ratings
Time tracking00 Ratings6.692 Ratings
Fixed asset management00 Ratings7.1135 Ratings
Multi-currency support00 Ratings6.665 Ratings
Multi-division support00 Ratings7.3107 Ratings
Regulations compliance00 Ratings7.377 Ratings
Electronic tax filing00 Ratings7.2100 Ratings
Self-service portal00 Ratings7.179 Ratings
Global Financial Support00 Ratings6.038 Ratings
Primary and Secondary Ledgers00 Ratings8.472 Ratings
Intercompany Accounting00 Ratings7.795 Ratings
Localizations00 Ratings8.354 Ratings
Journals and Reconciliations00 Ratings9.3150 Ratings
Enterprise Accounting00 Ratings8.6100 Ratings
Configurable Accounting00 Ratings8.598 Ratings
Centralized Rules Framework00 Ratings8.461 Ratings
Standardized Processes00 Ratings8.4111 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
MIP Fund Accounting
-
Ratings
QuickBooks Desktop Enterprise
7.6
118 Ratings
4% above category average
Inventory tracking00 Ratings8.2114 Ratings
Automatic reordering00 Ratings7.760 Ratings
Location management00 Ratings7.575 Ratings
Manufacturing module00 Ratings7.259 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
MIP Fund Accounting
-
Ratings
QuickBooks Desktop Enterprise
8.1
147 Ratings
8% above category average
Pricing00 Ratings8.3109 Ratings
Order entry00 Ratings8.3114 Ratings
Credit card processing00 Ratings7.7103 Ratings
Cost of goods sold00 Ratings8.7131 Ratings
Order Orchestration00 Ratings7.864 Ratings
End-to-end order visibility00 Ratings8.163 Ratings
Order exception Resolution00 Ratings8.149 Ratings
Best Alternatives
MIP Fund AccountingQuickBooks Desktop Enterprise
Small Businesses
QuickBooks Online
QuickBooks Online
Score 8.1 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.8 out of 10
Medium-sized Companies
Sage Intacct
Sage Intacct
Score 8.6 out of 10
Zoho Books
Zoho Books
Score 9.1 out of 10
Enterprises

No answers on this topic

Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
MIP Fund AccountingQuickBooks Desktop Enterprise
Likelihood to Recommend
9.1
(435 ratings)
8.3
(207 ratings)
Likelihood to Renew
9.6
(132 ratings)
8.5
(26 ratings)
Usability
8.6
(103 ratings)
9.9
(13 ratings)
Availability
10.0
(15 ratings)
10.0
(4 ratings)
Performance
8.6
(92 ratings)
10.0
(3 ratings)
Support Rating
8.9
(100 ratings)
6.0
(5 ratings)
In-Person Training
10.0
(9 ratings)
7.0
(1 ratings)
Online Training
8.0
(7 ratings)
9.1
(3 ratings)
Implementation Rating
6.1
(28 ratings)
9.5
(10 ratings)
Configurability
8.4
(8 ratings)
5.1
(4 ratings)
Ease of integration
9.1
(14 ratings)
9.1
(2 ratings)
Product Scalability
8.1
(15 ratings)
10.0
(3 ratings)
Vendor post-sale
9.7
(13 ratings)
1.2
(4 ratings)
Vendor pre-sale
8.8
(13 ratings)
10.0
(3 ratings)
User Testimonials
MIP Fund AccountingQuickBooks Desktop Enterprise
Likelihood to Recommend
Momentive Software
MIP Fund Accounting works very well for general fundraising. The form creation process is easy and allows you to set parameters and add fees, quantities, images, etc. This process is smooth on the customer (forward-facing) side as well. Reports are generated once the transactions have gone through, making tracking and reconciliation with accounting easy.
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Intuit
QuickBooks Enterprise is great for managing our inventory, purchases and income as we receive it. We use it to help budget and plan our monthly purchases, as well as keep each location on track when it comes to their expenses. It's also used for payroll and timekeeping at each store.
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Pros
Momentive Software
  • Easy to obtain check register for select periods
  • Easy to do bank reconciliations
  • Easy to log in for remote work, for anywhere I need to access it from!
  • Easy to pull vendor, chart of accounts and other pertinent information, also easy to add information to those sections.
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Intuit
  • Generally, a mouse is not needed!
  • Updating as each transaction is posted means, in the event of a crash, power failure, whatever; all the posted transactions are securely in the data file and can be pulled up on another computer, if the computer being used crashes.
  • Reporting is generally user friendly, in that one can see the desired results by setting a few parameters for the report.
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Cons
Momentive Software
  • With the payroll process, if there is an error in sending the stubs through email, there is no option to resend without a restore. That really needs to change.
  • Being able to void encumbrance at the same time as a PO would be an incredible time saver.
  • When processing W2 the system deletes info.
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Intuit
  • Wish we had the ability to track gallons. We are a truck stop and need to know how many gallons we buy and sell.
  • Matching up credits in Pay Bills can be challenging, especially if you make a mistake.
  • Wish in some of the reporting that it would automatically total some columns.
  • Downloading from the bank wish it would tell you the last time you downloaded and the dates you put in so you don't download the same information twice.
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Likelihood to Renew
Momentive Software
I give MIP a 10 because Our organization use MIP Fund Accounting ever since I've been there and that's been for over 20 plus years for all of our accounting and payroll. MIP has stayed on the cutting edge of technology, ever evolving to meet the needs of the times, especially post pandemic, while many are working remotely! MIP support staff are very knowledgeable and efficient. Even new users can get up to speed quickly with MIP Fund Accounting.
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Intuit
While QuickBooks Desktop Enterprise has been an amazing tool for many years, it seems it is getting phased out for QuickBooks Online. Intuit is decreasing the level of support it offers for QuickBooks Desktop in lieu of stronger support for QuickBooks Online. Although the desktop version is robust and helpful, it seems QBO is the way of the future for bookkeeping with QuickBooks.
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Usability
Momentive Software
I have used this system for about 12 years now and I still learning how to use it. It always surprises me how there is another report to learn to achieve my data reporting goals. It is great to have a system that you have used long enough to feel comfortable with but also a system that allows you to learn new ways to report and enter data into the system
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Intuit
QuickBooks provides all staff immediate access to the data in whatever form each person wants it. The balancing on entries prevents incorrect data entry on payables/receivables. Reports are easy to customize and save for future use. The records are easy to audit.
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Reliability and Availability
Momentive Software
I have rarely encountered any issues accessing MIP Fund Accounting over the years. On the rare occasions when availability was interrupted, the reasons were always found in-house when using the on-premises version. Since we have migrated to the MIP cloud, we have had no issues with availability. Any maintenance or updates are always communicated to us and are usually done outside of business hours.
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Intuit
Rating: 7 out of 10
We rate QuickBooks Desktop Enterprise's availability a 7 out of 10. For the most part, the software is dependable and available when we need it. When hosted on a properly managed local server or through a reputable third-party cloud provider, uptime is generally consistent, and routine day-to-day operations run smoothly.
However, availability challenges do arise, particularly when accessing QuickBooks remotely or during periods of high system demand. Because it's a desktop-based solution, availability is highly dependent on our internal IT infrastructure. If our network goes down, a server needs maintenance, or if there’s an issue with a remote desktop connection, access to QuickBooks can be temporarily disrupted. These outages aren’t necessarily caused by QuickBooks itself, but they do impact our experience with availability.
Additionally, we’ve occasionally experienced application errors, especially after updates or when working with large company files. While Intuit support is usually helpful in resolving these issues, they can still lead to frustrating delays—especially during critical periods like month-end closing or grant reporting deadlines.
Planned maintenance, while infrequent, also affects availability, especially when using a hosted environment. Coordination with IT or hosting providers is sometimes needed to minimize downtime.
Overall, QuickBooks Desktop Enterprise is a reliable tool, but its dependence on local infrastructure introduces more potential points of failure compared to cloud-native solutions. Enhancements in cloud-based access or hybrid models could significantly improve both accessibility and uptime. That said, with strong internal IT support or a reliable cloud hosting provider, the availability can easily rise to an 8 or 9.
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Performance
Momentive Software
We have 18 programs and the CFO has the ability through MIP Fund Accounting to generate separate and/or collective reporting for those programs. Each program has its own grant or funding source. Each has its own reporting guidelines that must be met so the ability to run reporting separately or collectively is a plus.
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Intuit
I rate QuickBooks Desktop Enterprise's performance a 5 out of 10, mainly because while it’s functional for most routine tasks, it can lag significantly when handling complex operations, large data files, or during multi-user sessions. As our organization has grown, we’ve noticed that report generation—especially for customized or multi-dimensional reports—can be slow, sometimes taking several minutes to load or refresh. This impacts productivity, particularly during key financial cycles like audits, monthly closings, or grant reporting.
Performance degradation is especially noticeable when multiple users are active in the system at the same time. Even with a solid server setup, there’s often a drop in responsiveness when more than a handful of users are generating reports or entering transactions concurrently.
We’ve also experienced some slowdowns in third-party integrations, particularly when syncing with Vena Solutions or exporting data for use in external tools. While the integrations are valuable, they occasionally stall or require workarounds, adding friction to our workflows.
In short, QuickBooks Desktop Enterprise delivers the basics well, but its performance limitations become more apparent in high-volume or complex use cases. It would benefit from better optimization for large datasets and faster processing for advanced reporting. Upgrades in system architecture—such as deeper support for cloud hosting or more efficient data handling—could significantly improve the user experience and move this rating closer to an 8.
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Support Rating
Momentive Software
I have not reached out to MIP for technical support; however, their website offers great help resources so I can solve an issue on my own. Another team member reached out to MIP for support and was helped quickly. The transition process took longer than expected due to a lag in communication.
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Intuit
It takes a long time to get through to customer support. And sometimes you have to explain the situation multiple times before the rep actually understands the issue, but that's usually because the issue is complex and out of the ordinary. However, the rep is always patient, and will take as much time and effort as necessary to resolve whatever issue you're having. It's nice that they can "take over" your computer rather than having to talk you through the solution over the phone.
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In-Person Training
Momentive Software
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.
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Intuit
It is a very easy system to learn, so with the help it was even easier. QB is a good solid system, but it lacks some of the complexity other systems have. with QB you need to get additional modules to get the same functionality that other systems offer standard
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Online Training
Momentive Software
Denise O'Malley provided training for the HR module when we added it to our system. Denise also gave us a demo of the EWS module which we were able to see that it would not meet our needs. She was very kind about and understanding regarding the functions we needed with a time clock system.
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Intuit
easy to learn system, specially with some kind of support. Just like with any other system, things get lot easier if you have guidance to lead you in your search for answers. having said that, QB is very easy to use and very easy to teach. you wont spend much time memorizing where to click.
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Implementation Rating
Momentive Software
Don't waste your time with MIP. There are plenty of other softwares out there that will do the job better. Do your homework. Get references from actual users. Make sure that what you choose will truly integrate. Make sure that there is local support. Get training. You will be glad that you passed this one by. Trust me.
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Intuit
If you're loading QuickBooks Enterprise Solutions onto a computer that you're going to directly log into, you should be able to do it yourself. If you are going to connect to a server through a network or remote connection, you should probably have a professional IT person set it up for you.
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Alternatives Considered
Momentive Software
I've utilized other ERP accounting software like Infor, NetSuite, and MS Dynamics, to name a few. MIP Fund Accounting offers flexibility and room for growth while not being overly heavy on your team to maintain it. And, we're now learning more about the add-on's and more advanced capabilities to leverage with our team.
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Intuit
We have selected this product as it is affordoable in terms of pricing and features too. Our clients is geeting lots of benefits by using this product. By using QuickBooks desktop client also manage the information realted to financials and also get the clear picture for the future by using the accounting information from this product.
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Scalability
Momentive Software
The flexibility to create certain features are helpful and are designed to be easier on MIP Accounting Cloud. It has been easier than the MIP Accounting classic version. I may have not fully utilized the software to deploy across multiple departments other than generating revenue reports or expenses. As well as developing budget worksheets for our departments. Which are great as it is, but have not gone farther than that.
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Intuit
I would rate QuickBooks Desktop Enterprise a 7 out of 10 for overall scalability. The product offers solid scalability features, particularly for small to mid-sized organizations like ours that are growing and need reliable multi-user access, enhanced data capacity, and cross-departmental functionality. It handles increasing transaction volumes and user growth quite well, especially with its support for up to 40 users and the ability to manage large lists (customers, vendors, accounts, etc.)—a significant improvement over QuickBooks Pro or Premier.
Its role-based permissions system also allows us to assign tailored access by department or user level, which is essential for maintaining control and security across teams like finance, HR, and program management. Additionally, features like advanced reporting, inventory management, and class tracking have helped us better manage multiple programs or sites within one system.
That said, the scalability still has some limits. For example, deploying the software across multiple physical locations or for remote teams requires additional IT infrastructure—such as hosting it on a third-party cloud server or setting up a VPN—which introduces cost and complexity. Also, while QuickBooks Desktop Enterprise can technically handle a high volume of data, performance can decline as the file size grows over time unless regular maintenance and optimization are done.
In summary, QuickBooks Desktop Enterprise scales well within its designed range, particularly for growing nonprofits and NGOs. However, organizations with distributed teams or very large, complex operations may eventually find the system’s desktop-based architecture less agile compared to cloud-native ERP platforms. With enhancements to cloud integration and remote accessibility, this rating could easily increase.
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Return on Investment
Momentive Software
  • We converted to the cloud version a few years ago to reduce our dependency on a dedicated internal IT server which needed to be replaced. The cost of the product switched to a monthly fee which increased cost somewhat but probably is matched with IT savings over time in doing upgrades.
  • We have an efficient team of two people doing the transactional work, so we don't really have much incentive to further automate our processes. And with the turnover in the CFO position we have had, has helped us maintain consistency in our processing.
  • Once I learned how to memorize and recall transactions it was a huge timesaver and increased the accuracy and consistency of our entry.
  • The cost of training is sometimes prohibitive. Example is my accounting clerk MIGHT benefit from additional training but at about $200 for a lot of the courses, it is more than we have budgeted.
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Intuit
  • Good value for the price. The initial setup was quick and easy.
  • When properly set up and processes are followed it's decent at managing inventory which is something we had problems with. Have to have a dedicated employee to builds.
  • Rolling up costs in multi-level BOM's is a project each time we have to review costs, it's very time consuming to manually update all assemblies.
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ScreenShots

MIP Fund Accounting Screenshots

Screenshot of MIP Advance™ Dashboards with drilldownScreenshot of MIP™ Transactions WorkflowScreenshot of MIP DashboardsScreenshot of MIP DashboardsScreenshot of MIP Dashboard drilldownScreenshot of MIP Transactions