MIP at a glance
Updated August 10, 2016
MIP at a glance
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Abila MIP Fund Accounting
MIP is the primary software for financial reporting in our organization.
Pros
- Allocation management
- Flexibility in reporting and customization
- Ability to drill into reports on the fly and download into Excel
- Ability to have more than 1 session if MIP open at one time to make comparative analysis easier
- The ability to run financial statement with unposted transactions
Cons
- Depreciation entries can't be reversed.
- Fixed asset reports cant be run for a specific period. i.e. you have to run a fixed asset register with accumulated depr. at year end of before depr. is calculated for the first month of the next fiscal year or the amount of depr. that shows on the report will include the depr for the first month of the next fiscal year. Another way of saying this is that you can't run a fixed asset register for a specific period time frame and get the correct amount of accumulated depr.
- The acct receivable module is too robust. It would be nice if some of it's functionality could be customized for users that don't need all of the functions provided.
- MIP was in place when I started with US Sailing.
Fund management has been very helpful and the ability to track restriction is also a very positive function of the software.
I haven't looked for alternatives.
Comments
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