Abila for small non-profit with three divisions
September 12, 2016

Abila for small non-profit with three divisions

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with MIP Fund Accounting (formerly Abila MIP)

MIP is used for all aspects of organization-wide accounting and financial reporting, including accounts payable, monthly financial statements and project-based reporting to funders.

Pros

  • I really like how easy it is to customize reporting formats to suit different reporting needs.
  • I have found it easy to export reports to PDF and Excel formats.

Cons

  • I have found it difficult to consolidate organizations across multiple fiscal years.
  • I have also found it difficult to get experienced support for the organization consolidation function without having to pay for additional consulting services by MIP.
  • MIP has been a solid partner and has provided all the accounting functionality we need to run a small non-profit organization with data consolidation for three separate divisions.
Our organization successfully uses MIP to manage multiple funds from multiple sources. We complement MIP's functionality with Excel spreadsheets to allocate expenses by funder on a monthly basis, rather than having to decide in the moment of expense payment to which funder the expense will be allocated.
I have found MIP is very well-suited for tracking revenues by specific funder, and for tracking expenses by specific project. It is well-suited when you need or want to create a customized chart of accounts that works with your unique business model. I have made it work to consolidate multiple organizations but have found this process to be difficult and clunky when attempting to consolidate organizations over more than one fiscal year.

MIP Fund Accounting Feature Ratings

Comments

More Reviews of MIP Fund Accounting

  1. Home
  2. Nonprofit Accounting Software
  3. MIP Fund Accounting Reviews
  4. User Review of MIP Fund Accounting