Item: MIP Fund Accounting
Rating: 8
Author: Nancy Wallace

Overall Satisfaction with Abila MIP Fund Accounting

Use Cases and Deployment Scope

It is used by the accounting department to manage grants, restricted funds and grants.

Pros and Cons

Pros

It is particularly good at managing restrictions and named funds.
It makes budgeting and an analysis of budget versus actual simple.
One can create custom reports that are effective and efficient.

Cons

With recurring in trees when One clicks on them the entry has a notation that says recurring entry. It should allow one to put a description at the recurrent entry screen

Return on Investment

N/A - we have had it for too long to evaluate like this.

Effectiveness at Managing Multiple Fund Sources

MIP is great at doing this. It is what it does best.

Each not-for-profit is different. If it's an association QuickBooks works fine. Generally once you have restricted funds either blackbaud or MIP becomes the better solution. Many nonprofits use Great Plains Microsoft GP but with its inability to report multiple grant periods and it's not being able to do true fund accounting, it's an expensive choice with lots of frustration.

Other Software Used

Microsoft Dynamics GP, QuickBooks Pro, Sage 50 Accounting

Likelihood to Recommend

It's really good for non-profits that have restrictions and grants that cross fiscal years. The reporting functionality is great.

MIP Fund Accounting Feature Ratings

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MIP evaluated