Mip Fund Accounting - Growing with Abilia
September 09, 2016

Mip Fund Accounting - Growing with Abilia

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Abila MIP Fund Accounting

MIP Fund Accounting is being used as our primary accounting software for 32 schools and the company that manages it. We have several add on programs that we have joined with MIP for budgeting, accounts payable, and expense reimbursements. Prior to using MIP Fund Accounting, we were using QuickBooks. It was not robust enough for our growing organization. We have a finance team using MIP and we have others that have a type of read only access.
  • Fixed Asset Module tracking
  • Accounts Receivable
  • Accounts Payable
  • Basic Accounting
  • Bank reconciliations
  • Reporting is cumbersome
  • Budgeting module does not meet our needs
  • Imports could be streamlined
  • Our audits are cleaner
  • Our financial reports are more accurate
  • It saves valuable time
Our organization has 33 entities. MIP Fund Accounting allows us to track each entity individually or as a whole. We can provide compliance reports with increased accuracy to multiple agencies. We receive funds from many public and private sources and MIP Fund Accounting allows us to track them all. We have also been able to increase accuracy by using the import features available.
We started as a small organization using QuickBooks. It was simple and easy. As our organization grew it became painfully clear that QuickBooks was not robust or detailed enough to meet our needs. Our growth continues and we are able to add on other modules as well as integrate other programs into MIP Fund Accounting to meet our needs.
The Bank Reconciliation module has been upgraded and there is no longer the need to run separate reports to print the cleared checks, cleared deposits and cleared other items. The Accounts Payable module is not robust enough for our needs so we added Charter AP to integrate with MIP. The Budgeting module didn't meet our needs so we added Adaptive Planning to integrate with MIP.

MIP Fund Accounting Feature Ratings