Abila MIP Review
August 12, 2016
Abila MIP Review
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Abila MIP Fund Accounting
The finance department uses MIP to for all aspects of the museum's accounting. We record expenses, liabilities and revenue through the software, produce financial statements, and process payables. Journal entries are also done through MIP. Budgets are managed by running expense reports for jobs and departments, and cash flow is managed by running aging reports for payables.
- MIP does a great job of tracking expenses for job numbers and departments.
- Reports are highly customizable and flexible to meet information needs
- The software is user friendly and easy to learn
- It should be easier to edit past accounting entries
- A warning pop up window before posting transaction sessions would be helpful
- Simplify addition of accounts to chart of accounts
- Positive impact on cash flow
- Positive impact on budgeting
- Postivie impact on ROI
Yes it has helped. We have a number of funds for different projects and MIP helps manage them effectively.
As a non profit with multiple funds we need software that addresses the issues related to fund management. Other software does not have as many features suited for non profit fund management.