MIP is a great fund-accounting software program.
We use MIP Fund Accounting, not only for our daily operations, but for payroll and human resources. We utilize most of the functions …
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.
Recent Reviews
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
Video Reviews
1 video
MIP Fund Accounting Review: Serves As A Customizable Accounting Solution Software
01:14
Product Demos
Introduction to MIP Cloud Accounting Software
YouTube
Product Details
- About
- Competitors
- Tech Details
- FAQs
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'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
MIP Fund Accounting Video
Meet MIP Fund Accounting
MIP Fund Accounting Competitors
MIP Fund Accounting Technical Details
| Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Windows |
| Mobile Application | No |
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).
Comparisons
Compare with
Reviews and Ratings
(821)Attribute Ratings
Reviews
(26-50 of 63)Companies can't remove reviews or game the system. Here's why
April 09, 2019
Great for Non-Profits!
1
Our IT specialist is able to help us with computer problems, but we call the Support Desk for anything else. Works great.
March 15, 2019
We're OK with MIP; it was our only option.
1
organization, good notes
March 05, 2019
An A/P Accountant Perspective
Basic data entry, State Comptroller rules for accounts payable and revenue, State governmental accounting
January 18, 2019
MIP Saved The Day!!!
2
Computer services support manager responsible for agency computer network, telecommunications, third-party contractual support
One PC/LAN technician provides desktop support to staff using MIP and helps with upgrades to workstations
January 16, 2019
Small Organization Use of Abila MIP Fund Accounting
January 15, 2019
Track like a Pro
We have no one in house. we use the online desktop that is supported by MIP with all updates and maintenance taken care of.
April 17, 2018
Abila MIP - Not my first choice
1
We have an in-house contractor who deals a lot with the backend issues related to this software. I do know he's generally positive in regards to MIP's performance in this regard. He does not know a lot of the front-end report building functionality of MIP, he's not a developer in that sense, but he's stated that that kind of end user report design/creation is not easy to pick up with this software.
February 03, 2018
Great product for small companies that have the potential to grow
2
The Technology unit supports MIP because MIP is hosted on our own server. Most of the support is fairly minimal but there are annual updates on MIP software as well as annual tax reporting software that needs to be upgraded for 1099 records distribution. There is a network administrator is provides this support as well as a network support to upgrade software on a user level.
January 19, 2018
MIP Fund Accounting is capable, but can be quirky.
2
Basic installation of MIP is pretty straight forward. A small company planning to only use the basic functions should get along ok with 1 or 2 computer savvy employees. For medium or larger organizations, I'd recommend someone on staff that knows and understands Windows Server and SQL Server fairly well. Database and report setup can get complicated very quickly.
January 16, 2018
Community Health Center Review of Abila MIP fund Accounting
2
We have an IT Director who works with all our software applications. We also have an IT Systems Administrator who provides the ongoing support by implementation of all updates for all workstations, troubleshooting any system-related issues, and assists if you request help in making a call to MIP Support to be present and answer any of the technical questions that might arise as your case is resolved.
January 12, 2018
Non Profit accounting solutions
4
We have 2 accounting clerks and 2 bookkeepers that all use MIP accounting. We use MIP to pay all of our invoices from various vendors both large and small. We also use MIP to do all of our year end audit reports. and it is really helpful to use it to quickly calculate and invoice the total cost for a specific vendor, or various vendors.
January 09, 2018
Abila - Great FInancial Software for medium to large non profits
1
The support person has been using MIP Funding Accounting since 2002. That person was trained by a MIP business partner and has attended MIP annual training sessions.
January 09, 2018
Abila MIP great tool
2
Accounting and IT
January 08, 2018
Ablila review
3
Understand the grouping and report writing are the keys
January 08, 2018
Honest opinion of MIP
I use the support of MIP for the majority of the issues I encounter. There haven't been many. The biggest issue I have had with the software is migrating it from one computer to another when I have had an upgrade. At that time I have simply used our IT support which is outsourced.
January 08, 2018
We Have Been With Abila MIP for 4 years!
2
Only 2 of us in the Finance Department. Once we got going in 2012 with the software, we have been able to handle on our own with only a few support calls - when something unusual happens. We use the online hosted version
January 08, 2018
HealthCare + Non Profit
4
Chief Finance Officer, Accounting Director, HR Director and HR Assistant
January 08, 2018
Functional
2
Staff with significant experience with IT services
January 08, 2018
Great Accounting System for All Non-Profits
2
We have two IT people that support the software aspect of the system. We also have two senior level finance people to trouble shoot any problems.
January 08, 2018
You Won't Go Wrong, if You Choose MIPS Fund Accounting
MIPS does not require any specialized skills beyond the basic accounting skills required of my staff. This ease of use is what makes MIPS so good for new staff. I have about 13 years of experience using the Fund Accounting module of MIPS and have encountered virtually every situation imaginable. So I am the primary support person. When I encounter a situation beyond my experience, the MIPS Support team is always available to help.
January 08, 2018
Ideal for Head Start with Multiple funding streams
We have no in-house support - use a private consultant (CPA) when needed.
February 13, 2017
It's worth a million
2
Technical, SQL, Server Side
October 31, 2016
Non-Profit Organization - Multiple Fund Accounts
2
We have an IT team member and a member of our finance team whom work with MIP support to manage the software.
October 27, 2016
I so not recommend Abila MIP Fund Accounting
1
They must be really good at creating workarounds because the support is nonexistent. The program is unstable. It times out too quickly and will drop lengthy journal entries. If you have an allocation entry that takes over thirty minutes to input - you have to split it into multiple smaller entries or it will drop and you will lose all your previous input. Have I mentioned that this program is a nightmare?
September 26, 2016
Abilia - Take It or Leave It.
1
MIP is used most specifically for the accounting aspects. It is best used by accountants or CPAs. Those with lesser education can certainly be taught to use specific modules, but may not understand all the implications of specific entries or how they are related.