What users are saying about
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Top Rated
619 Ratings

MIP Fund Accounting

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Top Rated
619 Ratings
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Score 7.9 out of 100
261 Ratings
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Score 7.9 out of 100

Likelihood to Recommend

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 | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Premier is not well suited to manufacturing industries, as it cannot handle the complicated inventory requirements of raw materials, work in process, and finished goods. Retailers and Wholesalers can use QuickBooks Premier as long as they have an add-on inventory tracking program or Point of Sale system that integrates with QuickBooks. Likewise, restaurants would need specialized restaurant software that integrates with QuickBooks Premier. Non-profits can use QuickBooks Premier non-profit edition, but if they use fund accounting, it will require some complicated work-arounds. QuickBooks Premier is well-suited to most construction trades, personal and professional services providers, small retailers, and rental property owners.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

MIP Fund Accounting
7.5
QuickBooks Desktop Premier
8.9
Pay calculation
MIP Fund Accounting
8.5
QuickBooks Desktop Premier
8.8
Benefit plan administration
MIP Fund Accounting
6.4
QuickBooks Desktop Premier
9.5
Direct deposit files
MIP Fund Accounting
8.7
QuickBooks Desktop Premier
8.2
Salary revision and increment management
MIP Fund Accounting
7.3
QuickBooks Desktop Premier
9.4
Reimbursement management
MIP Fund Accounting
6.7
QuickBooks Desktop Premier
8.6

Customization

MIP Fund Accounting
7.6
QuickBooks Desktop Premier
4.6
API for custom integration
MIP Fund Accounting
7.3
QuickBooks Desktop Premier
4.6
Plug-ins
MIP Fund Accounting
7.9
QuickBooks Desktop Premier
4.6

Security

MIP Fund Accounting
9.0
QuickBooks Desktop Premier
6.9
Single sign-on capability
MIP Fund Accounting
8.9
QuickBooks Desktop Premier
5.4
Role-based user permissions
MIP Fund Accounting
9.1
QuickBooks Desktop Premier
8.4

Reporting & Analytics

MIP Fund Accounting
7.9
QuickBooks Desktop Premier
8.0
Dashboards
MIP Fund Accounting
7.4
QuickBooks Desktop Premier
8.1
Standard reports
MIP Fund Accounting
8.2
QuickBooks Desktop Premier
8.1
Custom reports
MIP Fund Accounting
8.1
QuickBooks Desktop Premier
7.7

General Ledger and Configurable Accounting

MIP Fund Accounting
8.1
QuickBooks Desktop Premier
7.3
Accounts payable
MIP Fund Accounting
8.5
QuickBooks Desktop Premier
9.0
Accounts receivable
MIP Fund Accounting
8.3
QuickBooks Desktop Premier
9.1
Cash management
MIP Fund Accounting
8.0
QuickBooks Desktop Premier
7.4
Bank reconciliation
MIP Fund Accounting
8.5
QuickBooks Desktop Premier
8.0
Expense management
MIP Fund Accounting
8.5
QuickBooks Desktop Premier
8.5
Time tracking
MIP Fund Accounting
6.8
QuickBooks Desktop Premier
6.3
Fixed asset management
MIP Fund Accounting
7.8
QuickBooks Desktop Premier
8.2
Multi-currency support
MIP Fund Accounting
7.9
QuickBooks Desktop Premier
8.7
Multi-division support
MIP Fund Accounting
8.8
QuickBooks Desktop Premier
5.6
Regulations compliance
MIP Fund Accounting
8.7
QuickBooks Desktop Premier
1.5
Electronic tax filing
MIP Fund Accounting
8.4
QuickBooks Desktop Premier
8.1
Self-service portal
MIP Fund Accounting
7.7
QuickBooks Desktop Premier
8.4
Standardized Processes
MIP Fund Accounting
7.2
QuickBooks Desktop Premier
9.0
Global Financial Support
MIP Fund Accounting
QuickBooks Desktop Premier
5.0
Primary and Secondary Ledgers
MIP Fund Accounting
QuickBooks Desktop Premier
2.6
Intercompany Accounting
MIP Fund Accounting
QuickBooks Desktop Premier
8.9
Localizations
MIP Fund Accounting
QuickBooks Desktop Premier
5.0
Journals and Reconciliations
MIP Fund Accounting
QuickBooks Desktop Premier
8.6
Enterprise Accounting
MIP Fund Accounting
QuickBooks Desktop Premier
9.8
Configurable Accounting
MIP Fund Accounting
QuickBooks Desktop Premier
6.6
Centralized Rules Framework
MIP Fund Accounting
QuickBooks Desktop Premier
9.5

Inventory Management

MIP Fund Accounting
4.2
QuickBooks Desktop Premier
7.1
Inventory tracking
MIP Fund Accounting
7.3
QuickBooks Desktop Premier
6.3
Automatic reordering
MIP Fund Accounting
1.0
QuickBooks Desktop Premier
8.0
Location management
MIP Fund Accounting
7.7
QuickBooks Desktop Premier
8.2
Manufacturing module
MIP Fund Accounting
1.0
QuickBooks Desktop Premier
5.8

Order Management

MIP Fund Accounting
4.7
QuickBooks Desktop Premier
7.6
Pricing
MIP Fund Accounting
6.4
QuickBooks Desktop Premier
7.6
Order entry
MIP Fund Accounting
7.3
QuickBooks Desktop Premier
8.8
Credit card processing
MIP Fund Accounting
2.5
QuickBooks Desktop Premier
9.4
Cost of goods sold
MIP Fund Accounting
2.7
QuickBooks Desktop Premier
8.7
Order Orchestration
MIP Fund Accounting
QuickBooks Desktop Premier
7.2
End-to-end order visibility
MIP Fund Accounting
QuickBooks Desktop Premier
6.6
Order exception Resolution
MIP Fund Accounting
QuickBooks Desktop Premier
5.0

Pros

MIP Fund Accounting

  • The interface and operations of Abila MIP Fund are fairly easy to utilize and learn.
  • It offers some excellent tools for managing a non-profit operation.
  • The software makes it easy to streamline operations into one system without dealing with separate departments working with different systems.
Bruce Emmerling | TrustRadius Reviewer

QuickBooks Desktop Premier

  • The program is easy to learn and use. We can train our clients' personnel how to use the program with out difficulty.
  • It is easy for clients to generate bills and manage accounts receivable.
  • It is easy to manage accounts payable and allows clients to pay their bills electronically.
  • Transactions can be imported electronically for credit card and banking transactions.
  • It is easy to reconcile bank and credit card accounts.
  • We can import data generated by QuickBooks into our tax and accounting software.
Anonymous | TrustRadius Reviewer

Cons

MIP Fund Accounting

  • It would be nice to switch between databases without having to logout and login.
  • When entering codes (like for a journal entry) it doesn't auto-search/fill the account numbers...you have to hit the dropdown and scroll for the number.
  • You can't post cash receipts without first having an invoice, which can slow down your processing.
Eric Harvey | TrustRadius Reviewer

QuickBooks Desktop Premier

  • I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data.
  • For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do.
  • I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

MIP Fund Accounting

MIP Fund Accounting 9.2
Based on 45 answers
We are so used to this software there is no chance of us starting with a new software and re-learning every step.we are content with the software at this moment and feel there is no need to look for a new accounting software
Luis Godoy | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Desktop Premier 2.0
Based on 12 answers
Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
Tracie Jones | TrustRadius Reviewer

Usability

MIP Fund Accounting

MIP Fund Accounting 8.2
Based on 39 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 | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Desktop Premier 7.9
Based on 9 answers
Quickbooks is really easy to understand. You don't have to undergo a comprehensive training to be able to navigate through the accounting system modules.
Cristine Delos Santos | TrustRadius Reviewer

Reliability and Availability

MIP Fund Accounting

MIP Fund Accounting 9.0
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 | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Desktop Premier 8.9
Based on 5 answers
This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
Silvia Evans | TrustRadius Reviewer

Performance

MIP Fund Accounting

MIP Fund Accounting 10.0
Based on 6 answers
MIP Fund Accounting has worked very well for me. It has been ten years that I have been working with the software and have never had an issue with it crashing or losing information. I would definitely recommend this software to other users based on the experience I have had.
Janet Resendiz | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Desktop Premier 5.7
Based on 4 answers
It takes forever to load.
Anonymous | TrustRadius Reviewer

Support

MIP Fund Accounting

MIP Fund Accounting 8.3
Based on 37 answers
They consistently provide quality, knowledgeable service to my questions and concerns. The only reason I am not giving them a 10 is because recently the hold time on the telephone has been much longer than in the past. the quality of the customer service, once I speak to a representative continues to be of a high quality, but the delays are atypical of previous encounters.
Jeffrey Chapman | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Desktop Premier 7.4
Based on 7 answers
This is an awesome product and the support team is very knowledgeable. The product is mature, so there are not a lot of bugs and the support team really solves problems quickly. Usually it is a user error issue, but the support desk helps me out. I love the fact that it is US based support.
Silvia Evans | TrustRadius Reviewer

In-Person Training

MIP Fund Accounting

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 | TrustRadius Reviewer

QuickBooks Desktop Premier

No score
No answers yet
No answers on this topic

Online Training

MIP Fund Accounting

MIP Fund Accounting 4.5
Based on 4 answers
Personalized training provided for our organization
karen hoffman | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Desktop Premier 1.0
Based on 1 answer
No answer on this topic is available.

Implementation

MIP Fund Accounting

MIP Fund Accounting 5.7
Based on 22 answers
Having a detailed plan helps. Understanding what your data 'means' is important so it can be correctly mapped to the new solution. Having other staff in on the early training helped as well. We had a few questions that popped up that our implementer was able to address promptly which then prompted the controller to ask even more detailed questions. In the end, we ended up with a better product. Keep in mind, you won't remember to ask all of the relevant questions and you may run into 'challenges' after the fact
Al Hesse | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Desktop Premier 7.2
Based on 7 answers
It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
Cristine Delos Santos | TrustRadius Reviewer

Alternatives Considered

MIP Fund Accounting

Fund EZ is a product I found out about from a previous employment stint. It has a lot of the features MIP has but is not nearly as good. I would consider using this product if MIP continues to raise fees.
Erich Koch | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Premier handles most of my business functions efficiently in one package. It is not my "everything." I use Replicon for time rather than QuickBooks. I don't want my WIP data interfering with my accounting. I use PaySimple for it's web interface and back office processing. I don't have security issues since I don't have any credit card data in my possession. With today's identity theft environment, I have to protect myself as much as I can. Not having credit card data in my accounting software lets me sleep much better at night. Quicken will do basic accounting but does not have all the double entry accounting systems contained in QuickBooks. QuickBooks Online does much of the basic business functions but I don't like the pricing structure. As a professional accountant, that is very important to me. Bill.com provided a good service but the ability of QuickBooks to add bills and receipts to transactions makes it redundant.
Andrea Campbell, CPA,CITP | TrustRadius Reviewer

Scalability

MIP Fund Accounting

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 | TrustRadius Reviewer

QuickBooks Desktop Premier

QuickBooks Desktop Premier 6.2
Based on 4 answers
They're getting better. Still room for improvement.
Anonymous | TrustRadius Reviewer

Return on Investment

MIP Fund Accounting

  • Abila has streamlined and allowed more tasks to be automated maximizing the efficiency of staff so more staff is not needed.
  • The Maintenance and Support annual fee is a bit expensive and not a very good return especially for the amount of features that are updated from year to year. I don't use support a lot since our systems are pretty efficient so hence I don't think the annual M&S is justifiable.
  • Abila's importing feature allows integration to many different systems which makes Abila very flexible allowing costs to be saved if the owner of the Abila system switches between vendors.
Donavan Lam, CPA | TrustRadius Reviewer

QuickBooks Desktop Premier

  • Since our financials are kept very up to date, it helps us compare our financial results to prior years and it is used for our internal goal setting.
  • Due to the accountant copy function, we are able to provide better service since our clients are not waiting on us to fix historical data. They can continue their operations uninterrupted.
  • The import feature certainly speeds up the process of accounting for our payroll. As previously mentioned, it takes about a minute to do our entries for payroll and check them.
John Coleman | TrustRadius Reviewer

Screenshots

QuickBooks Desktop Premier

Pricing Details

MIP Fund Accounting

General

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

QuickBooks Desktop Premier

General

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

Rating Summary

Likelihood to Recommend

MIP Fund Accounting
7.9
QuickBooks Desktop Premier
7.6

Likelihood to Renew

MIP Fund Accounting
9.2
QuickBooks Desktop Premier
2.0

Usability

MIP Fund Accounting
8.2
QuickBooks Desktop Premier
7.9

Reliability and Availability

MIP Fund Accounting
9.0
QuickBooks Desktop Premier
8.9

Performance

MIP Fund Accounting
10.0
QuickBooks Desktop Premier
5.7

Support

MIP Fund Accounting
8.3
QuickBooks Desktop Premier
7.4

In-Person Training

MIP Fund Accounting
8.0
QuickBooks Desktop Premier

Online Training

MIP Fund Accounting
4.5
QuickBooks Desktop Premier
1.0

Implementation

MIP Fund Accounting
5.7
QuickBooks Desktop Premier
7.2

Scalability

MIP Fund Accounting
9.0
QuickBooks Desktop Premier
6.2

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