1. Home
  2. Nonprofit Accounting Software
  3. MIP Fund Accounting Reviews
  4. User Review of MIP Fund Accounting
MIP Fund Accounting
July 19, 2016

MIP Fund Accounting

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Abila MIP Fund Accounting

It is used by accounting and payroll. It is a complete solution for our general ledger, accounts payable, and payroll needs.
  • It is easy to use. Very intuitive.
  • Easy updates with great customer support. We have had very few technical issues with the MIP Fund Accounting product.
  • Reasonable price for our organization.
  • Would like for backups to be automated.
  • It allows us to accurately report on our financial condition.
  • Makes providing reports for our annual audit easy allowing us to provide the detail our auditors need saving them time - and as a result saving us money.
It does allow us to easily manage multiple funds. We have used MIP to manage as many as 20 different funds at time.
I believe this product is easily adapted to organizations of many sizes. It might be too much for an extremely small organization with very simple accounting needs.

MIP Fund Accounting Feature Ratings

Abila MIP Fund Accounting Implementation

MIP personnel were very helpful in guiding us through implementation. There are also some excellent third party vendors if a company is more comfortable going that route. I had some IT knowledge and was able to handle most of the implementation in house.
  • Implemented in-house
Change management was a big part of the implementation and was well-handled
  • Most significant issue was getting converted from our old system. When we converted, it required a good bit of manual input. It's possible this could be automated now.

Using Abila MIP Fund Accounting

Overall it is very easy to use. I've trained may employees to use the system and not one of them has had difficulty learning to use the system. Its user interface is very intuitive. They also provide excellent training.
ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
Familiar
None
  • Entering journal vouchers
  • Calculating asset depreciation
  • Calculating payroll
  • Automating the upload of entries. Our organization needed to hire an outside program to get our information in a format that could be imported into MIP.
  • Year end 1099 and W2 reporting is a little more cumbersome than I would like.
Yes, but I don't use it