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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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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

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 From Top Reviewers

(1-5 of 50)

MIP is a great fund-accounting software program.

Rating: 10 out of 10
April 12, 2024
Vetted Review
Verified User
MIP Fund Accounting
15 years of experience
They helped us set up our direct deposit function years ago and also helped us with the ACH process to pay some of our vendors. In both cases, they were very patient even when having to repeat or restate the steps we needed to complete. I appreciate the understanding and willingness to help that each technician offers when we call.

MIP Great Software for Non-Profits

Rating: 10 out of 10
February 23, 2024
Vetted Review
Verified User
MIP Fund Accounting
11 years of experience
My staff accountant manually altered the leave hours accrual by mistake. I had to contact MIP Customer Service to correct the issue. The MIP Representative open up a case and her supervisor followed up with a solution. He walked me through the process of fixing each employee's accrual hours. When corrections were finished, all the accruals were corrected and ready to process staff payroll.

Make your life easier by purchasing this software and you will not regret it!!!

Rating: 10 out of 10
May 30, 2023
Vetted Review
Verified User
MIP Fund Accounting
22 years of experience
Last year we contacted Community Brands with an issue in our payroll module and it was critical that this issue be rectified urgently, due to the fact that payroll was due in a couple of days. I'm please to say that within a hour a case number was sent to us detailing our issue and was subsequently solved and we were able to meet our payroll needs on time. There was also a follow up to ensure that all aspects of the reported issues were rectified.
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