MIP review
September 13, 2016
MIP review
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Abila MIP Fund Accounting
We are a non-profit foundation. MIP is our accounting software. We use it in a hosted environment. It is especially important for board member financial reports as well as required reports for our annual audit.
- Data entry of transactions for journal entries, accounts payable and receivable is simple and straight forward.
- Easy to generate customized reports for multiple funds, trial balances, AR and AP reports, which can be queried for a variety of purposes
- By using the hosted environment we no longer have to be concerned with local data backup or product updates which are handled by MIP
- The only feature I found difficult to use was the budgeting function. But I also recognize that there are also a large number of MIP features in the software which we have not used.
We manage multiple funds (grants) from different private and government agencies. MIP works very well in our environment for tracking and managing revenue and expenditures in each fund.
MIP is the only accounting our foundation has used in the last 20 years. I would not consider any other alternative at this point.