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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

(820)

Attribute Ratings

Reviews

(151-175 of 336)
Companies can't remove reviews or game the system. Here's why
February 10, 2017

Capturing goal results

Score 7 out of 10
Vetted Review
Verified User
Incentivized
Although Profits and Non-Profits have stakeholders they must answer to; they have vastly different motives driving them to their goals. MIP helps to define the reports that show if we are reaching those goals we care about.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We've been using MIP Fund Accounting for approximately 20 years (definitely predates my joining the organization), and it has performed very well. To my limited historical knowledge, we have never had the need to look elsewhere to replace or supplement MIP.
Lezley Kempf | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User
Incentivized
We used Futex in the past but the software was outdated and support was also hard to get. But overall Abila meets our needs better than Futex did in many areas, especially being able to customize reports more easily and [it] supports more formats and printers than Futex did.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We found MIP to be most directly related to our non-profit accounting needs. With the tie-in capability of translating current expenses into a 990 tax return, the format is very helpful at filing time.
December 23, 2016

MIP Review

Score 8 out of 10
Vetted Review
Verified User
Incentivized

This software is one of the more challenging programs I have used. I like that you can not easily delete information and that payables receivable invoices are posted separately from the related payments. Allowing you to correct one or the other with out having to reverse everything.

One of the things I liked about OneWrite Plus is that I was able to find entries easily. This is not always true with MIP. On the OneWrite Plus I could pull up an entry and actually click through that entry to see different aspects from sales order entry, inventory products, payments, ect. With MIP I can look at the payable invoice posting, and click down to see some of the coding, but can not see the actual distribution code(s) used when I entered.

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