Multiple funding and cost programs used.
September 12, 2016
Multiple funding and cost programs used.
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Abila MIP Fund Accounting
Our organization uses MIP Fund Accounting for our general accounting needs, cost reports, and expense analysis. It provides useful tools to access and review our revenue and expense data.
- We use the financial statement reporting very often to review organization efficiency. These reports are easy to access and user friendly to read and follow.
- We have a complicated fund accounting system with multiple revenue sources and expense/cost programs. MIP allows us to track all of these with details necessary for management.
- The AP/AR modules allow us to quickly see detailed information on vendors/customers when needed, so questions from them via phone can be researched and handled almost immediately.
- Some of the specific report builder criteria is not user-friendly and lacks the ability to easily preview/modify the outcome.
- MIP does not offer the flexibility and ability to handle our payroll needs [so we use MITC for payroll processing].
- When reconciling cash accounts, the suspense items to balance one month are not saved for that month, once they have been cleared in the following month.
- We are able to make better business and staffing decisions due to the ability to readily access our financial standing.
Our organization has multiple funding sources of varying degrees and amounts, as well as numerous cost/expense centers. We are able to accurately keep track of the complicated fund accounting transactions with MIP.
We use MITC for our payroll processing. I have not had experience with any other non-profit software.