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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

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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 Competitors

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

(176-200 of 430)
Companies can't remove reviews or game the system. Here's why
January 08, 2018

Honest opinion of MIP

JR
Janet Resendiz
Fiscal Officer
Senior Services Center of Will County (Non-Profit Organization Management, 11-50 employees)
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
I have been using the system for 10 years and found it easy to use. It helped having experience with other Fund Accounting systems. I have had relatively few problems with the system. The majority of the issues have been when moving the software to a new computer since we are a stand-alone system.
January 08, 2018

We Have Been With Abila MIP for 4 years!

Brenda Masters | TrustRadius Reviewer
Brenda Masters
Founder
"Collaborating for a Cause" nonprofit professionals networking group @ ICAN (Non-Profit Organization Management, 11-50 employees)
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
As noted previously: If you only use cash receipts to record donations, Only the net of the donation (donation less processing fees) which is actually amount of the deposit is recorded in donor's record.
Re-do 1099 process.

It does have options for customization and reporting has improved.
January 08, 2018

Functional

Verified User
Executive in Finance and Accounting
Mental Health Care Company, 51-200 employees
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
We have been on this for several years and there are newer (more expensive) platforms that could be better for organizations that need immediate up to date dashboard information. MIP is good for non profits that need to break down expenditures and revenues due to multiple reporting sources.
January 08, 2018

Great Accounting System for All Non-Profits

Verified User
Manager in Finance and Accounting
Non-Profit Organization Management Company, 51-200 employees
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
MIP fund accounting is well suited for organizations with many different funds that need to be tracked separately. We have a $20 million budget with over 70 active grants at any given time. The software is adept at handling the needs of this type organization. I'm sure it could handle even more volume and would also be good for smaller organizations too.
January 08, 2018

Overview from daily user

RB
Rebecca Ball
Accounting Coordinator
Twin Cedars Youth and Family Services (Individual & Family Services, 201-500 employees)
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
If my company utilized everything we had, it would probably work much better for us. We are a non-profit and we need to correlate the fundraising side with the accounting side of the software. Repetative data entry could be greatly diminished. We are getting MIP time clocks soon. This should be great for our payroll processing.
July 06, 2017

IT Dept Installed it but Accounting Dept Still does not use it after 5 years.

Verified User
Manager in Information Technology
Education Management Company, 51-200 employees
Score 1 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
Backups when done manually are easy but a bit confusing because the path in the backup menu is the Path on the server and it never explains that to the user. Backups should have an auto scheduled option but is not included. I cannot address non technical issues related to the use of MIP because I only support the IT Admin side of its use.
March 06, 2017

Review of Abila MIP Fund Accounting

Verified User
Analyst in Finance and Accounting
Non-Profit Organization Management Company, 11-50 employees
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
In my opinion, this software is suited for most if not all non-profit organizations whether large or small. Abila MIP Fund Accounting provides most of the tools that are necessary and required by international donors such as the European Union to effectively and efficiently manage restricted and scarce resources that are available.
March 03, 2017

Abila MIP Is Great

Verified User
Account Manager in Sales
Computer Software Company, 11-50 employees
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend

MIP is a great product for non-profits and government entities. This product works great for organizations with grants, and projects. MIP is a great product for organizations that has complicated board reports.

March 03, 2017

Great Fund Management

Verified User
C-Level Executive in Finance and Accounting
Hospital & Health Care Company, 201-500 employees
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
MIP Fund Accounting is well suited for organizations that need or are required to track multiple cost centers with multiple funding sources. If "variance to budget" reporting is used within an organization, I feel that MIP makes this easy even with complex scenarios. MIP is well suited to integrate with external SQL based platforms and has great import/export functions using Excel.
February 28, 2017

Abila review

SE
Susan Earp
VP Finance
JVS (Non-Profit Organization Management, 501-1000 employees)
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
MIP is well suited for applications that require allocations. It offers some expertise in fund accounting. We should have taken a closer look during the sales presentation of the Budget module and report writing as these do not measure up to the sales pitch.
February 13, 2017

Frustrated Abila Reviewer

Jim Luker | TrustRadius Reviewer
Jim Luker
Director Of Finance And Administration
Family Pathways (Non-Profit Organization Management, 501-1000 employees)
Score 4 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
It handles fund accounting pretty well. We wish we could create additional segments to our GL string. Doesn't coordinate smoothly with FR50. Works slick to push deposit info from FR50 into MIP; there is no way we know of to push cost by campaign back into FR50 so that ROI on various development activities can be tracked at a granular level.
February 13, 2017

It's worth a million

ZA
Zimran Azim
Software Project Manager
Forman Christian College (Information Technology and Services, 1001-5000 employees)
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
MIP is the most befitting accounts receivables and Payable application, moreover it has the HR and EWS module which are for the enterprise users; It is the interactive application where a employee can see their salary details, notification enter timesheets; it has now updated security menu. The best part is that you can describe your need and if it meets other user requirements than MIP can enhance the functionality for you.
February 10, 2017

Capturing goal results

Verified User
Employee in Finance and Accounting
Non-Profit Organization Management Company, 51-200 employees
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
When you have multiple levels of fund availability such as restricted, unrestricted, board designated expenses; or individual, corporate, or trust income; MIP makes it easy to designate at the entry level and adds to the 'big picture' view of the company's financial health.
February 10, 2017

MIP Fund Accounting Review

Samantha Cribbet | TrustRadius Reviewer
Samantha Cribbet
Director of Accounting
ArtsWave (Non-Profit Organization Management, 11-50 employees)
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
I like MIP Fund Accounting. It is easy to use and navigate. We are actually on the cloud-based platform with MIP and upgrades are so much easier than they were. My biggest complaint is the lack of integration with our other systems.
January 30, 2017

Great software, has made life easier.

Robert Dickey | TrustRadius Reviewer
Robert Dickey
Software Developer
Midcom Technologies (Non-Profit Organization Management, 51-200 employees)
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
MIP works well for general accounting use, more particularly the HR and Payroll management modules. You can tell that great care and thought was placed into the development of the software and its modules, and for that reason, I rarely feel like I am offered a feature that I will not benefit from.
January 27, 2017

2017 PRPC review (I am accountant and therefore have no creativity!)

Verified User
Director in Finance and Accounting
Government Administration Company, 11-50 employees
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
MIP is great for any situation where fund accounting is appropriate. Specifically, government entities who receive multiple grants and contracts such as myself and counterparts across the state.
January 25, 2017

MIP - The awesome solution to Non-Profit Accounting

Maylen Naranjo | TrustRadius Reviewer
Maylen Naranjo
Director of Operations
Charter Impact (Accounting, 11-50 employees)
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Likelihood to Recommend
This software is great for multiple locations within an organization. It makes it great for tracking revenue and expenses by locations and the ability to produce financial statements by locations as well as combined into one.
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