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MIP Fund Accounting

MIP Fund Accounting

Overview

What is MIP Fund Accounting?

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.

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Recent Reviews

Outstanding Software!

10 out of 10
February 16, 2024
Incentivized
MIP Fund Accounting assists our organization in tracking and managing expenses and receivables on a daily basis. MIP assists us in …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Reviewer Pros & Cons

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Video Reviews

1 video

MIP Fund Accounting Review: Serves As A Customizable Accounting Solution Software
01:14
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Product Demos

Introduction to MIP Cloud Accounting Software

YouTube
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Product Details

What is MIP Fund Accounting?

MIP Fund Accounting is a configurable fund accounting solution that allows users to report and track finances, streamline processes, and scale and grow based on your unique needs. MIP is the accounting software of choice, with cloud or on-premises deployment options, and designed to meet and handle the complex accounting needs of nonprofit financial management.

MIP's integrated software solution suite provides general ledger, accounts payable and receivable, budgeting, payroll, human resources, allocations management, procurement, fixed assets, grant management, and advanced security functionality. The solution enables users to manage and report on multiple cost centers at the general ledger level including multiple organizations, funds, projects, grants, programs, departments, locations, etc.

MIP Fund Accounting exclusively serves the financial management and fund accounting needs for nonprofits, schools, native nations, and government agencies with its complete, end-to-end suite of functionality and multi-segmented chart of accounts. The company states that with the right fund accounting platform and expert guidance, users can track unlimited funds, manage complex reporting requirements, streamline productivity, and make the right data-driven business decisions for an organization.

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 TransactionsScreenshot of MIP Budget WorksheetScreenshot of MIP ReportingScreenshot of MIP Audit Trail  and SecurityScreenshot of MIP PortalScreenshot of MIP Fund Accounting

MIP Fund Accounting Video

Meet MIP Fund Accounting

MIP Fund Accounting Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows
Mobile ApplicationNo

Frequently Asked Questions

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.

Sage Intacct, Blackbaud Financial Edge NXT, and QuickBooks Desktop Pro are common alternatives for MIP Fund Accounting.

Reviewers rate In-Person Training highest, with a score of 10.

The most common users of MIP Fund Accounting are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews and Ratings

(819)

Attribute Ratings

Reviews

(26-50 of 429)
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Donavan Lam, CPA | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Incentivized
MIP is currently being utilized by the finance department to facilitate the day to day accounting needs of the organization. It helps the organization address our fund accounting needs in addition to fostering an environment of proper nonprofit accounting and reporting. MIP is currently being used for Accounts Payable, Accounts Receivable, Journal Voucher Transactions, an other day to day accounting needs.
  • The flexibility of the segmented chart of accounts allow for the user to design the chart of accounts based on the organization needs. A well designed chart of accounts allow for reliable reports with detailed cost structures to track and analyze multiple funding sources.
  • The importing features allow for very efficient entries of high volume journal entries and minimize mistakes.
  • The system itself is very user friendly and the design/layout of the system is highly intuitive.
  • The reporting features can use some improvements for ease of use and more functionality.
  • I feel that if Drillpoint reports can be integrated with the Scheduler Module, it would make reporting and data manipulation even better.
  • Some improvements within the budgeting module is also highly desirable.
I believe MIP is suited for organizations that have complex funding structures. Especially those organizations who have multiple funding sources with agencies that require different expense categories to ensure expenses are properly classified. I think MIP is not appropriate for small organizations whose chart of accounts may be less complex in addition to a lower operating budget.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
For accounting, keeping track of vendors, and credit card accounts. The accounting team uses it to set up automatic payments to all of our vendors and contract employees. It is used by our accounting, billing and operations departments. It is also used by our department in charge of ordering supplies to keep track of past invoices.
  • Vendor tracking
  • Some of the features are hard to access
  • Could be more intuitive and user friendly
Our CFO and certified accountants love the system but it is not very intuitive or user friendly for those without a vast knowledge in accounting.
Score 6 out of 10
Vetted Review
Verified User
Incentivized
MIP Fund Accounting is our accounting system of record for recording transactions for GAAP compliance and used for day-to-day accounting / business operations. It is also used to access data for reporting for either actual data or projection data for scenario planning / analysis. It is used only by the Finance department.
  • Availability of multiple segments for needed reporting functionality
  • Allocation module for automation of transactions
  • Free-form nature of MIP to design things as needed for your organization
  • It's not user-friendly. Could use a major user-interface overhaul
  • Learning curve is high.
  • MIP suggests using an outside app, Drillpoint, for its reporting. Its own reporting should be sufficient, but it is not.
  • The open-ended nature of MIP can lead to mistakes, such as reports not being designed properly, or leaving data out of reports.
MIP Fund Accounting is good for basic accounting transactions. MIP segments allow for a wide variety of reporting options. MIP's allocation module is great for automating some journal entries. MIP is not user friendly, has a high learning curve, is not good for reporting, and can create issues with its lack of pre-defined reports.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Currently, our organization use MIP fund Accounting for all our accounting and financial management needs. This product addresses needs such as managing fixed assets, the ability to report in multicurrency, and budgeting. For example, our organization is operated on an approved work plan and budget, and the budget module enables us to monitor our spending and produce reports such as variance analysis to assist in our forecasting, planning, and decision-making. In addition, this fund accounting software affords us the opportunity to manage several projects at the same time and enables us to produce on demand reports and random onsite inspections by our donors. Over the last year we have been comprehensively reviewed by one of our donor partners an they were impressed with our reporting as well as the scope of the current financial system.
  • Fixed Assets Management.
  • Accounts receivables and payables.
  • Budgeting
  • Reporting
  • Budget vs Variance Analysis
  • It can become more user friendly.
  • The closing of fiscal year can be complicated.
  • Bank reconciliation feature can be simplified for ease of use.
  • More flexibility can be given in terms of expansion of characters in some fields
MIP Fund Accounting is well suited in the following ways: The ability to use the budgets module enables better planning, implementation, and monitoring of our various activities during the fiscal year. The Multicurrency module allows us to meet the requirements of our various donors who may request that reports be submitted to them in different currencies. In my opinion, MIP Fund Accounting may be less appropriate in the following ways: This software is most suitable for medium to large organizations with complex functions in order to utilize various modules adequately. There are a lot of small organizations that can utilize all or most of what this software offers. However, the cost can be a major factor when considering acquiring this software.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Abilia is currently being used by the business department for all accounting needs. It helps organize grants and allows us the ability to process transactions, run financials, and all other accounting and finance functions. We use fund accounting, and Abilia is great for keeping all of our funds and funding sources separated.
  • Running Reports, it is simple and easy to run historic documents.
  • Fixed Assets, the module is very easy to use and keep track of assets.
  • Composition, all modules being in one place is a great feature.
  • Integrating with 3rd party applications
  • Being able to highlight, copy, and paste straight out of MIP. Not being able to do this is frustrating.
  • HR being in a different module, should be all together in my opinion.
  • Importing function could be a little quicker.
  • Modern UI functionality could be improved
Based on what I remember from our old software, MIP has been a huge upgrade and saves an immense amount of time. The company I work for uses fund accounting. We have different databases all of which are accessible through the main sign in screen. This saves an incredible amount of time when reporting.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use MIP Fund Accounting for all of our bookkeeping and accounting needs. We enter all money exchanged through our small business into MIP, including cash disbursements, cash receipts, disbursement checks, accounts payable, etc. Our business is very small, with one accountant and one administrator using MIP Fund Accounting. It helps us keep accurate financial records, which is extremely useful for our annual audit.
  • Accommodates as many GL codes and departments as you need it to so you can maintain detailed, accurate records.
  • You are able to search for past entries by a variety of fields to help you find what you are looking for.
  • Data entry is easy and fairly intuitive.
  • There are many checks and balances built into the system to make it hard for you to submit inaccuracies.
  • I would like to see a search function by word (you can type in a word and it will pull up any entry with that word). Currently, you can only search by things such as vendor ID, GL code, etc.
  • When needing to change the line description, it would be nice if the copy and paste functioned a bit differently to make changing that field easier.
  • It would be nice to see some other options for line entries specifically regarding the line description field. Sometimes we recall a memorized document and only want to change part of the line description for several lines (such as a date), but we have to copy and paste the date in each line. It would be nice to have something like a "find and replace" where we could update the date in all lines with one click. This would save us a lot of time, especially on our payroll entry.
I think MIP is well suited for bookkeeping for a small business. It does everything we need it to do and keeps our financial records organized and in good shape. I am unsure where it might be less appropriate, as we use it for our bookkeeping needs only and have not tried to use it for other things. I also personally do not have experience with other programs to compare.
May 03, 2023

Positive

Score 9 out of 10
Vetted Review
Verified User
Incentivized
I am in the Finance Department and record all the General Ledger entries. Complete all the Balance Sheet reconciliation. Print reports to do all reconciliation.
  • Fixed Assets
  • General Ledger Information
  • Reports
  • Trying to understand Dates for the reports
  • Determin what dates work to give you the correct information.
The accounts work and show the programs great. You can run a report showing the balance of a specific program or Fund. You can get the balance by Account or by fund or program. You can run a report showing all that makes up the program or fund.
April 25, 2023

MIP Does the Job

Score 7 out of 10
Vetted Review
Verified User
Incentivized
We are a non-profit administering mostly government grants. We use it for tracking payroll and other expenses, and creating invoices to expend grant funding and financial reports for our board of directors.
  • Financial Reports
  • General Ledger Accounting
  • Decent user support
  • HR Module - need to format more timesheets for hourly employees to enter actual ins and outs as California law is now requiring this.
  • More intuitive menus
  • Easier ways to correct errors
We use MIP because we have used it for a long time and it is tailored for non-profits. However, the main accounting product is based on old technology and the add on modules are limited in how they work due them having to interact with old technology. I wish for a way to streamline how MIP functions that isn't based on old non-intuitive technology.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
I use MIP Accounting to enter and create budgets for contracts; pull expense reports for each contract; and locate certain accounts accounts with activity.
  • Very well formatted
  • Easy to navigate
  • Easy to understand and utilize
  • The submission dates
It's always easy to access and pull information from when it comes to my contracts. It even has contracts dated and data saved from years ago. MIP documents and saves everything in a formatted manner that is easy to locate and find.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
MIP allows us to streamline our accounting and finance with our upper Financial Services and Tax Consultants. The reporting features are fabulous. The general accounting entries and payroll functions are easy to use. I have used other payroll and accounting software in the past and this is one of the easiest programs I have found. We have two locations reviewing our accounting and if I make a change, the other location can review the change in real-time. MIP is fantastic.
  • Reporting
  • Payroll
  • Bank Reconciliation
  • Accounts Payable
  • Accounts Receivable
  • Journal Entries
  • No edit functions, which is necessary for documentation purposes
MIP is fantastic for accounting and payroll services. It allows the company to keep most everything in house, rather than paying higher rates outsourcing their accounting and finance. The reporting capabilities are amazing. There are ways to create any overall summaries and dive down to individual transactions if needed. Highly recommend MIP for your business needs.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
MIP Fund Accounting addresses the specific needs of nonprofit organizations which includes tracking and reporting on individual funds from multiple sources in a manner to comply with the Financial Accounting Standards Board (FASB), generally accepted accounting principles (GAAP), and other specific reporting requirements for federal, state or local government entities.
  • Tracking multiple houses under one fund
  • Restrictions for donations
  • Budget line items broken out by administration and program support
  • Payroll documents are uploaded and encrypted
I have used MIP Fund Accounting for 32 years. I converted the DOS version over to WINDOWS by myself. The software is user-friendly with pictures and charts on the different processes with checklists and procedures for each category. I highly recommend using this software over others.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We use MIP Fund Accounting for AR, AP, Encumbrance, PO's, and Payroll and HR. I have worked with other accounting software, but MIP is my favorite. It is very user friendly. I have recently added the bank reconciliation module and I've very happy with, that saves me hours of work. I would definitely recommend.
  • Automatic Bank Reconciliation
  • HR
  • Payroll
  • Reporting module could be easier to work with
  • Fixed Assets
I think the AP side is very well suited. It's easy to work with and I like the fact that I can add attachments (copy of the invoice) if I want. It makes it a little easier come audit time.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use MIP Fund Accounting to manage our local HRA and also our company, which is an economic development organization. We use it for AP, AR, GL, fixed assets, etc. MIP is able to provide the level of detail that we need and that our Boards need to make smart decisions for our companies. We are able to get accurate and complete reports and edit them to show the information we need.
  • Able to provide true fund accounting.
  • Excellent reporting options.
  • Manage our fixed assets.
  • Would like to see all the same options in the cloud module that are in the original module and vice versa.
  • A/R is a bit clumsy, too many steps.
I tried a couple of other funds accounting software, and we had staff that was familiar with MIP. I then chose MIP for both companies. I know we get accurate information out of MIP as long as the information put in is good. MIP is a little clumsy for AR billing, but maybe it would be easier to use if it was available in the cloud module (or if it is, I haven't been able to see it).
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use MIP Fund Accounting's GL, A/P, bank recs, budgeting, and reporting. We process employee reimbursements using the EFT module and are looking at doing this for some of our key vendors. The GL is easy to use and there is the save entry feature, which is nice because I have a lot of monthly entries that I don't have to key in all the time. I also like the reverse and copy option in the GL as well as it saves time. We run monthly revenue and expenditure reports for our budget leaders to manage their projects, making sure their projects are spending the way they should.
  • GL format is easy to enter in.
  • System is user-friendly.
  • You are able to drill down to transaction level.
  • Reporting could be more robust.
  • Encumbrance could be easier to use.
  • No workflow for invoice approval.
MIP Fund Accounting is a good system for the most part, but it lacks in reporting.
November 21, 2022

Happy Customers

Score 10 out of 10
Vetted Review
Verified User
Incentivized
It works well. We have used it for several years and have had very few issues. Support has been very responsive and effective. The product has been pretty low maintenance from a technical standpoint. The users are able to perform what they need. MIP Fund Accounting has worked out for our environment.
  • General funding
  • Ledgers
  • Reporting
  • Update the interface
  • Fewer clicks to get to critical areas
With a small staff, we are able to use all the features that we need to be successful. We have been very happy with the product. Several situations have required a few people to access and process forms or information and were easy to complete. The tax forms work well.
September 19, 2022

MIP Fund Accounting Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
We use MIP Fund Accounting for all agency accounting processes, including accounts payable, accounts receivable, general ledger, and payroll.
  • source accounting
  • payroll
  • general ledger detail reporting
  • cross reference of accounts payable document number to check number in some reports
funders like the reporting capability when they audit our agency
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Annual budgeting, financial reporting with comparison to budget, variance analysis, nonprofit grant expenditure tracking, accounts payable
  • general ledger
  • Accounts payable
  • Financial statements
  • Bank reconciliations suspense items
  • Transaction data entry could be simplified to allow copy and paste, inserting lines
Nonprofit accounting with grant funding is facilitated by the multi-tiered structure enabled by the chart of accounts options. Budgeting and financial reporting modules are strong. Reporting is flexible and Easton use.
Deborah Boysen | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Incentivized
We use MIP to enter invoices, AR invoices to send to customers, journal vouchers, reconcile cash and ledgers, issue checks, and maintain vendors and 1099 vendors and reporting.
  • allowing the breakdown between multiple departments, jobs, units, etc.
  • Robust reporting.
  • Catching duplicate invoices.
  • It is not user friendly - not intuitive.
  • Reports are difficult to build on their own.
  • The knowledgebase is very difficult to navigate - it's very difficult to find answers to questions - I always have to chat or call to find the answers to my questions.
Reporting on multi-levels within an organization is very good. If needed to report by account, unit, program, grant, etc., this can be very robust. Finding the reports that are needed are very difficult. Anything that isn't canned is not easy to figure out on your own. It is not intuitive for a new or experienced user.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use MIP Fund Accounting for Payroll, Human Resources, and Accounting. In Accounting - my area - we use it for Accounts Payable, partial Accounts Receivable (only non-patient A/R), Cash and Bank Reconciliations, Full GL, Financial Statements, and Budget. We have 3 people working the PR and HR side and 3 people working the Accounting side, so our team is not too large.
  • General Ledger processing, including journal entries and reports
  • Ability to download all reports directly to Excel and PDF formats
  • Use of Grant codes to enable grant reporting by month/quarter/year
  • Ability to have multiple departments and consolidate into groups for reporting
  • Accounts Payable and Accounts Receivable cannot be out of balance
  • Multiple ways to use the product including Cloud and Classic options, Visual menu or Standard (Top of screen) menus to select processes, many options we are not using in our simple organization
  • Chart of Accounts: there is no option to merge or renumber accounts. For instance, once you set up an account in the current asset section, i.e. 1200 Savings account, you cannot change the number or merge it into an LT asset, i.e. 1800 LT Savings
  • Set up: We are locked into the original implementation scenario of multiple Fund numbers (we use only 1) a location code (we use only 1) and a responsibility code (we use only 1) so our account combinations need to start with 1, then GL, Dept, and Grant, then 0 and then 0000 to be complete. So instead of 6000-2010-1000, we need to indicate 1-6000-2010-1000-0-0000
  • After 10+ years we have a lot of GL account numbers, Departments, and Grants which are either I=inactive or D=discontinued and we have to continuously filter them out of our reports such as vendor list, chart of accounts, etc.
  • The aging reports for AR and AP are a nightmare and cannot be trusted
  • You can set up reports that do not balance, i.e. combining reports that do not include all departments because you did not update the filter or options on the report.
  • The training is costly in my opinion. Once you get through the training, you have good takeaways to save time and understand your options, but the cost is an issue. The year that a "season pass" was offered for all the training you could handle was the best! There were all sorts of shortcuts I would not have known about.
  • The training also has the downside of starting with the system implementation and moving forward. Some of this early stuff is truly NA when your system has been in place.
If you want to use grant reporting and departmental reporting, this product works very well. It works well with basic accounting tasks and reports other than aging. It has a good amount of internal integrity, i.e. you cannot have a difference between your AR sub ledger and the AR general ledger account. This is a great product if you are well skilled in using Excel to convert text to data, create pivot tables and manipulate report presentations. With the cloud version, you have access to a "classic" view that mirrors the former product and a new "online" version which is sometimes easier to use and more visually accessible in some screens.
June 25, 2022

Bang for your buck

Score 9 out of 10
Vetted Review
Verified User
Incentivized
It is across the whole organization. All our payables, receivables and financial report are generated by MIP.
  • Easy to use.
  • Accurate.
  • Great technical support.
  • Missing functionality.
  • Sometimes laggy.
It is easy to use and does not cost much.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
MIP Fund Accounting allows our business easily accessible software for everyday accounting needs. It is used as our accounting and payroll software. MIP Fund Accounting contributes a lot to our company's financial needs. MIP Fund Accounting has a fantastic support team who are able to address issues with the platform for our needs. Each issue has been resolved in a quick and timely manner.
  • Advanced Budgeting tools
  • Easily accessible payroll options
  • Understandable reporting manager
  • Secure information
  • Better historical documentation
  • Follow up on software requests
  • Custom field options
MIP Fund Accounting has the tools that show that it is a here-to-stay platform. You can tell it was designed with a long-term idea in mind. The highlight of MIP Fund Accounting would be its payroll options. Very easy to use and functions well, when it does not support is able to jump in and fix any issue we might have.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
We use MIP Fund Accounting for Accounts Payable, Accounts Receivable, Payroll, Cash Receipts, Cash Disbursements, Journal Entries, and Financial Reporting. Some of the problems I have is being able to create invoices. I currently create them in Word and then manually enter them into MIP. I also have numerous logs I have to keep manually to track check numbers, voucher numbers, journal entry numbers, etc. It would be great if/when everything moves to the Cloud (I think). I currently do not use the Cloud because I cannot perform all functions there and I don't want to switch back and forth between classic and cloud. The only other problem I have is that all of the training moves so fast and I am still learning the system. I often get lost and can't catch up. Very frustrating. Also, we have to pay for classes for training and I feel it should have been included in the price of the program. Not for a limited time. When I look at the manuals I have downloaded and printed there are often steps missing. I think they are not written for "first-time" users. There were numerous problems in our initial training.
  • Processes are clear and concise
  • Ease of use once you understand the flow
  • Creating reports
  • Being able to change what you view on display report functions
  • Remembering check or voucher number in A/P and Payroll
  • Training
Already addressed in previous comments
Score 10 out of 10
Vetted Review
Verified User
Incentivized
I use it to enter various transactions and reports. The A/P Module is the one I use the most. Using MIP Fund Accounting to do check runs is very convenient for me. I also love the layout: The drop-down menus, the road map/flow chart, and the modules on the left side make MIP Fund Accounting user-friendly. I also like the options for reporting and charts. The charts make our finances easier to understand. This is some of the best software I've ever used! When I come to work, MIP Fund Accounting is the FIRST program I open. I ALWAYS look forward to using MIP Fund Accounting. Every time I use it, I feel like I'm being spoiled!
  • Being able to access Entering Invoices from the menus and modules.
  • Having the related tasks in the gray boxes and in different modules.
  • Having the road map set up in sequence so you know what to do next, so no guessing.
  • The Process Manager Window for reports.
  • Maybe the choice to enlarge the font and icons, but it's no big deal.
I can't think of any scenario where MIP Fund Accounting would not be suited.
May 25, 2022

MIP Love!

Score 8 out of 10
Vetted Review
Verified User
Incentivized
We use MIP for all of our accounting needs; accounts payable, accounts receivable, allocations, payroll, HR, bank reconciliation, and all financial reporting for federal funding. It is the heartbeat of our organization. The biggest problem that MIP addresses is the complex funding tracking; it gives a lot of flexibility in reporting and fund management. The scope of my use is all-inclusive. I do everything, including account code set up, user management, processing, and reporting.
  • Tech support and knowledge base. When I encounter an issue I can research the knowledge base to see if anyone else has had the same problem, and learn how to navigate. If I need further help, the support center is ready and available.
  • I like the product enhancements; they will listen to customer feedback and make changes where we, the users, see fit.
  • I like the shortcut buttons when you are in reporting; you can easily export to excel and PDF, print report details, etc...
  • I like the options that reporting gives; you can truly create a custom report to extract exactly what you want to see or don't want to see.
  • My #1 request would have a report that can pull from all modules. There are some reports that I have to run in separate areas to compile the data I want. If there were a one-stop-shop report center, that would be fantastic.
  • I would love to have an option to make text size bigger in all parts of the system.
  • We are in CA; I would like to see call center coverage to account for the time change to Texas.
I would recommend MIP to colleagues. It is a very intricate, sensitive system. Once you are comfortable in it, it truly is a powerful tool. Sometimes there are frustrations as it is not intuitive. You really have to know what every single check box does. For example, direct deposit in HR. Once you enter the bank info, you have to go back to select the direct deposit check box. If you do not, it will not activate the DD. I would think it would be intuitive enough to know if you are entering bank information, it would activate the DD. Or have the check box on the same tab.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We use MIP Fund Accounting for Accounting and Payroll. We have used this system since the 1990s. MIP Fund Accounting works great for us for non-profit accounting. We have approximately 10 - 15 grants and can use the system to track expenditures, employee time, and costs allocated to the appropriate grants. MIP Fund Accounting handles budgets operating on different grant periods and the product is easy to use with some initial training.
  • Cost allocate among multiple grants
  • Time and Attendance reporting for multiple grants
  • Accounts Payable
  • Payroll
  • Credit Card Bills and reconciliation
  • Ability to run reports on distribution codes, which get changed frequently
  • HR Manager system - not a lot of training available to learn the system
MIP's payroll function is user-friendly and easy to use. MIP Fund Accounting support is easy to reach and they are helpful.
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