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 8 out of 101
95 Ratings
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Score 7.9 out of 101

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 profile photo

Sage 50cloud Accounting

Sage is great for portability and exchange with external accountants as it is widely used and people will be able to read your data in. It's a very good and complete solution for a little business where one person can handle all of the accounting. I doubt that it scales well to large companies with several in-house accountants working at the same time.
No photo available

Feature Rating Comparison

Payroll Management

MIP Fund Accounting
7.4
Sage 50cloud Accounting
8.4
Pay calculation
MIP Fund Accounting
8.7
Sage 50cloud Accounting
9.1
Benefit plan administration
MIP Fund Accounting
6.4
Sage 50cloud Accounting
8.3
Direct deposit files
MIP Fund Accounting
8.5
Sage 50cloud Accounting
8.0
Salary revision and increment management
MIP Fund Accounting
7.1
Sage 50cloud Accounting
8.3
Reimbursement management
MIP Fund Accounting
6.3
Sage 50cloud Accounting
8.3

Customization

MIP Fund Accounting
8.5
Sage 50cloud Accounting
7.0
API for custom integration
MIP Fund Accounting
8.4
Sage 50cloud Accounting
6.9
Plug-ins
MIP Fund Accounting
8.6
Sage 50cloud Accounting
7.0

Security

MIP Fund Accounting
8.8
Sage 50cloud Accounting
9.9
Single sign-on capability
MIP Fund Accounting
8.7
Sage 50cloud Accounting
9.8
Role-based user permissions
MIP Fund Accounting
8.9
Sage 50cloud Accounting
10.0

Reporting & Analytics

MIP Fund Accounting
7.7
Sage 50cloud Accounting
7.8
Dashboards
MIP Fund Accounting
7.1
Sage 50cloud Accounting
5.0
Standard reports
MIP Fund Accounting
8.0
Sage 50cloud Accounting
8.6
Custom reports
MIP Fund Accounting
7.9
Sage 50cloud Accounting
9.7

General Ledger and Configurable Accounting

MIP Fund Accounting
8.0
Sage 50cloud Accounting
9.4
Accounts payable
MIP Fund Accounting
8.4
Sage 50cloud Accounting
9.1
Accounts receivable
MIP Fund Accounting
8.2
Sage 50cloud Accounting
9.1
Cash management
MIP Fund Accounting
8.2
Sage 50cloud Accounting
9.4
Bank reconciliation
MIP Fund Accounting
8.5
Sage 50cloud Accounting
10.0
Expense management
MIP Fund Accounting
8.5
Sage 50cloud Accounting
9.1
Time tracking
MIP Fund Accounting
6.9
Sage 50cloud Accounting
10.0
Fixed asset management
MIP Fund Accounting
7.8
Sage 50cloud Accounting
9.9
Multi-currency support
MIP Fund Accounting
7.8
Sage 50cloud Accounting
8.3
Multi-division support
MIP Fund Accounting
8.6
Sage 50cloud Accounting
10.0
Regulations compliance
MIP Fund Accounting
8.4
Sage 50cloud Accounting
8.3
Electronic tax filing
MIP Fund Accounting
8.1
Sage 50cloud Accounting
10.0
Self-service portal
MIP Fund Accounting
7.8
Sage 50cloud Accounting
10.0
Standardized Processes
MIP Fund Accounting
7.4
Sage 50cloud Accounting
10.0
Global Financial Support
MIP Fund Accounting
Sage 50cloud Accounting
8.0
Primary and Secondary Ledgers
MIP Fund Accounting
Sage 50cloud Accounting
10.0
Intercompany Accounting
MIP Fund Accounting
Sage 50cloud Accounting
10.0
Localizations
MIP Fund Accounting
Sage 50cloud Accounting
10.0
Journals and Reconciliations
MIP Fund Accounting
Sage 50cloud Accounting
8.6
Enterprise Accounting
MIP Fund Accounting
Sage 50cloud Accounting
8.3
Configurable Accounting
MIP Fund Accounting
Sage 50cloud Accounting
10.0

Inventory Management

MIP Fund Accounting
4.2
Sage 50cloud Accounting
6.8
Inventory tracking
MIP Fund Accounting
7.3
Sage 50cloud Accounting
8.0
Automatic reordering
MIP Fund Accounting
1.0
Sage 50cloud Accounting
6.4
Location management
MIP Fund Accounting
7.7
Sage 50cloud Accounting
6.8
Manufacturing module
MIP Fund Accounting
1.0
Sage 50cloud Accounting
5.9

Order Management

MIP Fund Accounting
4.7
Sage 50cloud Accounting
10.0
Pricing
MIP Fund Accounting
6.4
Sage 50cloud Accounting
10.0
Order entry
MIP Fund Accounting
7.2
Sage 50cloud Accounting
9.8
Credit card processing
MIP Fund Accounting
2.5
Sage 50cloud Accounting
10.0
Cost of goods sold
MIP Fund Accounting
2.7
Sage 50cloud Accounting
10.0
Order Orchestration
MIP Fund Accounting
Sage 50cloud Accounting
10.0
End-to-end order visibility
MIP Fund Accounting
Sage 50cloud Accounting
10.0
Order exception Resolution
MIP Fund Accounting
Sage 50cloud Accounting
10.0

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 profile photo

Sage 50cloud Accounting

  • It has the capability of "Single Click" processes that allows you to turn Quotes into orders, instant invoicing and track A/R in the Order Screen
  • I can email Sales Orders directly to my Customer and also remind them of past due from a single screen. I can track Project, Closeouts, Over Seas order by setting up Jobs and clicking the job name in Order Entry.
  • You can use recurring entries and copy and paste on the P&L, using masking for department reporting and budgeting
  • You can use the BI feature and export into Excel in Pivot format and utilize Timeline and Slicer to see the company overall performance by months, day or years
Karen Rollins profile photo

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 profile photo

Sage 50cloud Accounting

  • Sage 50 could use some improvement in the Invoicing Module to allow for more flexibility in the design of the Invoice fields. The report customization tools could use some upgrading for easier use.
  • Fixed assets management module needs to be included with unlimited number of fixed assets.
Reno M. Borgognoni, CPA, CIA, CGMA profile photo

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 profile photo

Sage 50cloud Accounting

Sage 50cloud Accounting 9.6
Based on 12 answers
I use this rating simply because I have a thriving Sage 50 consulting practice and will continue to keep my expertise in the product. I have consulted on both Sage 50 and QuickBooks for over 25 years so I have to maintain expertise in the solution as well as accounting and verticals.
Christine Steele profile photo

Usability

MIP Fund Accounting

MIP Fund Accounting 8.3
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 profile photo

Sage 50cloud Accounting

Sage 50cloud Accounting 8.9
Based on 4 answers
I have used Sage 50 Premium Accounting for twenty years, and only used their technical support team three times
Emily Dykema profile photo

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 profile photo

Sage 50cloud Accounting

No score
No answers yet
No answers on this topic

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 profile photo

Sage 50cloud Accounting

No score
No answers yet
No answers on this topic

Support

MIP Fund Accounting

MIP Fund Accounting 8.4
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 profile photo

Sage 50cloud Accounting

Sage 50cloud Accounting 9.4
Based on 3 answers
They were very knowledgeable of the product, understood my timeline was limited for a software issue and allowed me to get back to my day to day work. The dial into your computer is great so you can monitor what they are doing and learn some tricks yourself
Karen Rollins profile photo

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 profile photo

Sage 50cloud Accounting

No score
No answers yet
No answers on this topic

Online Training

MIP Fund Accounting

MIP Fund Accounting 5.1
Based on 4 answers
Personalized training provided for our organization
karen hoffman profile photo

Sage 50cloud Accounting

No score
No answers yet
No answers on this topic

Implementation

MIP Fund Accounting

MIP Fund Accounting 6.0
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 profile photo

Sage 50cloud Accounting

Sage 50cloud Accounting 9.0
Based on 4 answers
Sage 50 is a strong accounting software package. It will work efficiently if it is installed correctly. If one puts garbage in, one will get garbage out. Also it is important to train the staff to use Sage 50 properly. It is also important to set up security for each user.
Art Stumpp profile photo

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 profile photo

Sage 50cloud Accounting

As we did the conversion almost 10 years ago it is hard to answer this question. At the time it was the ease of being able to produce both cash and accrual financial statements and reporting that led us to pick Sage
Michelle M. Martin profile photo

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 profile photo

Sage 50cloud Accounting

Sage 50cloud Accounting 9.1
Based on 1 answer
I define scalable from two perspectives; 1) the scalability to handle more bookkeepers/accountants using the product, and 2) the scalability to handle increasing customer/vendor/employee and transactional data. Sage 50 does a good job on both fronts. From the single users operating a micro-business accounting for customer invoices and bill payments only, to the multi-staff, multi-location, multi-departmental complex transactional operation. Although Sage 50 is quite expensive for that smallest user, it is quite inexpensive for the larger business entity. So, for the new enterprise expecting rapid growth, Sage 50 is the application of choice.
Reno M. Borgognoni, CPA, CIA, CGMA profile photo

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 profile photo

Sage 50cloud Accounting

  • Sage definitely needs to do a better job with customer service. I have had to use them only a handful of times and it was not a great experience but not the worse I've seen. They didn't make us a priority and I felt that they didn't have a sense of urgency. They did address my lack of satisfaction and I can see that they are at least aware of the issues and they are trying to correct them.
  • Sage is exactly what we need in my current organization and I wouldn't change it for another system. I have used quite a few in my lifetime and I would say that it fits our needs.
Nellie Jones (MBA) profile photo

Screenshots

Pricing Details

MIP Fund Accounting

General

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

MIP Fund Accounting Editions & Modules

Additional Pricing Details

Sage 50cloud Accounting

General

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

Sage 50cloud Accounting Editions & Modules

Edition
Sage 50 Pro Accounting$2991
Sage 50 Premium Accounting$4492
Sage 50 Quantum Accounting 3 UserStarting at $1,4993
  1. Per year
  2. Per Year
  3. Per year
Additional Pricing Details
Annual traditional plan with license, monthly, and annual subscription plans available.

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