The best grant fund tracking system ever
April 04, 2016
The best grant fund tracking system ever
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with Abila MIP Fund Accounting
The MIP Fund Accounting is exceptional when it comes to managing different grant funding sources. Balance sheets, income statements, and other reports can be created for each grant fund. This helps track assets and liabilities for each funding source, thereby avoiding commingling of funds. MIP also has updates throughout the year to keep on top of ever changing taxes and rules regarding accounting. Our auditors love the way that the system works, and we can answer any question with a system generated report to back up our answer.
- Helps in tracking of different grant funds, by using balance sheets, income statements, and other reports for each grant.
- The system also allows you to track different departments for cost analysis of each department and grant.
- The system helps with audits, by providing reports for each grant and department to auditors. It makes answering their questions quite easy.
- Payroll tax reports are a breeze with MIP. W-2, W-3, 1096, 1099, 941, and many other reports are easily processed.
- I honestly have no changes to recommend. I am completely satisfied, for now.
- The system has already paid for itself in the first year of operation.
MIP has helped so much in controlling many different grant funding sources. Our audit reports are exceptional now.
MIP is the best system I have ever used. We thought about using other systems, but after research, we went with a proven product.