MIP Fund Accounting

MIP Fund Accounting

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Score 8.3 out of 100
Top Rated
TRUE
MIP Fund Accounting

Overview

Recent Reviews

MIP Love!

8 out of 10
May 25, 2022
We use MIP for all of our accounting needs; accounts payable, accounts receivable, allocations, payroll, HR, bank reconciliation, and all …
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MIPleased!

8 out of 10
May 14, 2022
We use MIP Fund Accounting for our HR and Accounting functions. We run a lot of reports using the MIP Fund Account. Sometimes the reports …
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Abilia for nonprofits

10 out of 10
May 12, 2022
We use the product to track all financial activities in the nonprofit. We use accounts payable, accounts receivable, and the general …
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Awards

TrustRadius Award Top Rated 2022
TrustRadius Award Top Rated 2021
TrustRadius Best of Award, Best Of Feature Set 2021

Reviewer Pros & Cons

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Video Reviews

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Pricing

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Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.mip.com/request…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting / Integration Services

Starting price (does not include set up fee)

  • $249 per month

Features Scorecard

No scorecards have been submitted for this product yet..

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 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

MIP Advance™ Dashboards with drilldownMIP™ Transactions WorkflowMIP DashboardsMIP DashboardsMIP Dashboard drilldownMIP TransactionsMIP Budget WorksheetMIP ReportingMIP Audit Trail  and SecurityMIP PortalMIP Fund Accounting

MIP Fund Accounting Competitors

MIP Fund Accounting Technical Details

Deployment TypesOn-premise, SaaS
Operating SystemsWindows
Mobile ApplicationNo

Comparisons

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Frequently Asked Questions

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.

How much does MIP Fund Accounting cost?

MIP Fund Accounting starts at $249.

What is MIP Fund Accounting's best feature?

Reviewers rate Product Scalability highest, with a score of 10.

Who uses MIP Fund Accounting?

The most common users of MIP Fund Accounting are from Mid-sized Companies (51-1,000 employees) and the Non-profit Organization Management industry.

Reviews

(1-25 of 42)
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Score 9 out of 10
Vetted Review
Verified User
Review Source
  • MIP Fund Accounting is consistent throughout the system in functions that are performed. If you learn one module you will easily know how to use another module.
  • MIP has provided different views for users - either a Graphical Interface or Pull Down menus. The Graphical Interface lays out the steps necessary for each module, making it easy to learn.
Score 7 out of 10
Vetted Review
Verified User
Review Source
  • Transitioning to paperless payroll and direct deposit was very intuitive using this system and the MIP documentation.
  • Forms Designer is a straight forward module with real value.
  • The built-in report designer is an amazing tool once you get past the learning curve.
Score 8 out of 10
Vetted Review
Verified User
Review Source
  • setting up vendors is really easy. It takes no more than 5 minutes to create a new vendor and have the ability to pay this vendor in less than 5 minutes.
  • looking up past vendor payments is also real easy and can be modified to have a selected date range for particular queries.
  • During audits it is really easy to run custom reports , with filters ranging from Vendor id's to GL's to specific date ranges.
January 08, 2018

Overview from daily user

Score 7 out of 10
Vetted Review
Verified User
Review Source
  • Copying journal vouchers from month to month is easy and efficient.
  • Printing financial statements is a breeze. Being able to filter the statements by departments is great!
  • The check writing process is easy.
Score 10 out of 10
Vetted Review
Verified User
Review Source
  • All aspects of Accounts Receivable are smooth and intuitive.
  • All aspects of Accounts Payable are smooth and intuitive.
  • MIP Fund Accounting makes it very easy to analyze historical data for trends and input errors.
  • The Bank Reconciliation capabilities make the reconciliation process smooth and accurate for my staff.