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.
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MIP Fund Accounting Review: Serves As A Customizable Accounting Solution Software
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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.
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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).
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January 08, 2018
Ablila review
MIP is being used by accounting. It addresses our financials, processes AP and AR. We create all the financial reports from MIP. Allocation Management module is user friendly.
January 08, 2018
Honest opinion of MIP
MIP is used by the entire organization. We currently use the accounts payable, general ledger and budgeting modules. MIP is excellent for allocating costs across all programs. It allows us to easily run reports based on project codes as well as program codes. It saves time and key stroke errors by being able to save allocations used frequently.
January 08, 2018
We Have Been With Abila MIP for 4 years!
We are using MIP in the Finance Department. It is our only accounting software. We use the Accounts Payable, Cash Disbursements, Cash Receipts and Accounts Receivable Billings [modules].
The one thing I like which is of great importance; I do not call often, but their support department has always solved my problem. They can log in to your system using Citrix. When you call in for an issue you are on hold for a while - but you can leave your phone number for a call back and they have always called me back!
We were able to customize our general ledger coding and departments and do department level financials and reports as well as organizational financials and reports. It has a drill down feature in several places (there could be more). We are required to have a yearly audit and MIP has been able to produce the reports and financials required.
I just wish they would include the customer's address when you are posting in cash receipts
January 08, 2018
HealthCare + Non Profit
We use MIP across the whole organization. We use MIP accounting, HR Management and EWS Time clock. It works perfect for us as a time clock engine; for administering employees and to manage our payroll and accounting departments.
January 08, 2018
Functional
MIP is used across the organization. It is able to bifurcate expenses by numerous categories. I can gather information such as staff hours that come from payroll as well.
January 08, 2018
Highly recommend Abila MIP Fund Accounting
Our MIP Fund Accounting is being used across the whole organization. It has allowed us to flex during growth periods, as well as make quick adjustments when needed.
January 08, 2018
Great Accounting System for All Non-Profits
We use MIP Fund Accounting as our accounting software for the entire organization. It is being used by the accounting department of approximately 5 people, including myself. Since we are solely funded by grants and contributions, it keeps all our sources of funds segregated. It is very easy to use for this purpose.
January 08, 2018
Overview from daily user
We use MIP Fund Accounting as our accounting software. We also use the payroll and marketing programs. We don't use the budgeting part. I don't have any problems with the accounting software but it could be a little more user friendly. Some of the reporting and transactions are difficult to use.
January 08, 2018
You Won't Go Wrong, if You Choose MIPS Fund Accounting
We use only the Fund Accounting module of MIPS and it is only used by the five members of the Accounting Department. It has been a very effective tool for accurately stating our organization's financial position at any time. Its Fund capability allows us to track and report on Restricted Funds (i.e. Donations and Grants designated for specific purposes). My staff and I have been using MIPS for 10+ years at my current organization and it has been very reliable and generally required a short learning curve for new staff.
January 08, 2018
Ideal for Head Start with Multiple funding streams
It is used by the finance and accounting department. Our reports are shared with the entire organization - particularly the Board of Directors and Policy Council.
We are a multi-funded small non profit ($8million) and it definitely makes accounting easier with a package than can cost allocate multiple streams of funding.
December 20, 2017
Abila Fund Accounting Pros & Cons
The accounting department of three is the primary user. Program directors have an executive view license to view and print reports. All budget variance reports are produced in MIP and shared with directors. We produce budget vs. actual reports for all departments, along with ledger detail reports as needed.
It is currently not being used. I have installed it for the Accounting dept which still has yet to transfer from mas 90 to Fund Accounting after 5 years of purchasing it. I have implemented automatic MS Sql Backups using Windows task scheduler and SQLCMD.exe We have our organization information in the database but no actual company data in it.
March 06, 2017
Review of Abila MIP Fund Accounting
MIP Fund Accounting is being used as our main accounting system across the organization. Some of the major problems this software address are:
- Management of donor resources and production of required reports in a timely manner
- Keeps track of receivables and payables that are created during the duration of a project
- The ability to use modules such as payroll and multi-currency
March 03, 2017
Abila MIP Is Great
MIP is a product we recommend. It is a product that enhances the fund accounting experience across multiple departments. We see users benefit from the strong reporting, purchase order processing, account design, and easy user experience. This really is a product that helps the whole organization function more efficiently.
[It's being used by the] whole organization, it helps my non-profits manage their finances with ease. It is versatile and offers different modules to different size companies.
March 03, 2017
Great Fund Management
We use MIP Fund Accounting across the entire organization, supporting 26 different cost centers. MIP allows our organization to track multiple funding sources and properly match expenses to the various funding sources. We use MIP as our primary budgeting tool and budget reports are prepared monthly and provided to multiple management levels within our organization. We are currently implementing an electronic purchase order and invoicing system which integrates with MIP. We project that this integration will increase productivity within our accounting department and reduce the need for maintaining paper files.
February 28, 2017
Abila review
MIP Fund Accounting is used in the accounting department for general ledger, a/p, a/r, bank reconciliations, report writing, and budget. We purchased this product mainly for the allocation methodology in the general ledger and also for the report writing capabilities.
February 22, 2017
Software works great for our Tribe
Mostly only used in the accounting department for accounts payable, payroll, electronic timesheet system, HR, journal entries, cash receipts, bank recs, reports, etc. I use it to track grants and to be able to report on grants.
February 13, 2017
Frustrated Abila Reviewer
[It is being] used in finance to create reports used across the entire organization (for all financials including actual vs. budget). It's an easy to learn platform that helps me bring new employees up to speed quickly. It creates consistent reports that managers have come to rely on; never an "oops I forgot to add that account".
February 13, 2017
It's worth a million
It's currently being used across whole organization. It is being used in accounts and the HR office. It is hooked up with Microix WorkFlow modules. The application is the key to resolve the reconciliation issues.
February 10, 2017
Capturing goal results
[It's being used to] manage multi-fund accounting; including budgets, department and program expense review and tracking, depreciation, reconciliation, and all levels of financial reporting.
February 10, 2017
MIP Fund Accounting Review
We use MIP Fund Accounting for our general ledger and financial reporting. It is not integrated into our CRM system for our accounts receivable system or integrated with our payroll system.
January 30, 2017
Great software, has made life easier.
MIP Fund Accounting is the primary software used by multiple clients to manage their various day to day accounting needs. MIP is used across our organization for fund accounting, HR, payroll, time management, and other various tasks. MIP's ease of use, variety of helpful integrated modules, and outstanding customer support has made life much easier for our organization. We are now able to have an all-in-one solution, instead of trying to manage multiple software applications at the same time.
We use MIP in our accounting department only for all of our accounting needs. We use two separate databases as we are a fiscal agent for payroll for another government entity. We also use it for all of our accounting and reporting requirements.
January 25, 2017
MIP - The awesome solution to Non-Profit Accounting
[It is being used] across the whole organization. We do accounting for non-profits and it helps with tracking grants using resources. We also use the payroll module which is great.