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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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Learn from top reviewers

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 434)

My opinion and words about MIP!

Rating: 8 out of 10
April 18, 2025
JJ
Vetted Review
Verified User
MIP Fund Accounting
3 years of experience
  • Easy to obtain check register for select periods
  • Easy to do bank reconciliations
  • Easy to log in for remote work, for anywhere I need to access it from!
  • Easy to pull vendor, chart of accounts and other pertinent information, also easy to add information to those sections.
Cons
  • I feel that there are too many ways to pull necessary reports
  • I feel that it would be easier to pull reports that are somewhat more streamlined or easier to edit
  • I would love to be able to pull an "audit trail" as I have with past software that was easy to pull and easy to obtain info froml
  • I do not like that the software has to have so much printing information set up to save paper when pulling reports
  • At this time, again, it seems as though it is difficult to pull reports that should be easily obtained through the software.

Looking for a user friendly software? Go with MIP

Rating: 9 out of 10
May 01, 2025
Vetted Review
Verified User
MIP Fund Accounting
10 years of experience
  • Check signature(s), very easy to input the check signature(s) and have a rule on the signer.
  • GL report, it can be very detail[ed] by using the content to add the details you want. The report can be [of] the whole of the organization or filter[ed] down to the level you want.
  • Import and Export, MIP did very well in that you can import any accounting related transactions.
Cons
  • Wish MIP had a better guideline on creating the statement of revenue template or financial statement format.

Great for Grant Accounting- may fall behind in other accounting types

Rating: 8 out of 10
April 18, 2025
Vetted Review
Verified User
MIP Fund Accounting
3 years of experience
  • A lot of reporting options are available
  • The multi-entity database flows well
  • Simple formatting
  • Ease of use
Cons
  • Real Estate functionality
  • Billing module is cumbersome
  • Creating reports can be confusing

Solve your accounting dilemna with MIP Fund Accounting

Rating: 10 out of 10
April 17, 2025
Vetted Review
Verified User
MIP Fund Accounting
5 years of experience
  • Integrates well with our donation software.
  • Allows us to set each missionary as a project or "company" of its own within the system.
  • Handles our home office accounts payable and payroll through the General Ledger.
Cons
  • The "voucher register" in payroll should have the edit feature in favorite reports in process manager.
  • Everything else meets our needs.

Making Money Move With MIP Fund Accounting

Rating: 9 out of 10
April 16, 2025
Vetted Review
Verified User
MIP Fund Accounting
10 years of experience
  • Shows financial detail.
  • Run financial reports!
  • Posting in MIP allows Microx to move forward.
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