Item: MIP Fund Accounting
Rating: 8
Author: Vanessa Cole

Overall Satisfaction with Abila MIP Fund Accounting

Use Cases and Deployment Scope

We use MIP Fund Accounting to process all of our accounts payable/general ledger functions for three subsidiaries including HUD Homes. It is used only by our Finance Department and helps us track grant monies, monies spent on specific projects by the use of transaction lines which can be coded specifically to a job cost code.

Pros and Cons

Pros

Tracking of Grants
Detail on vendor files
Specific date range for reports
User friendly

Cons

Prompting of duplicated invoice numbers - this doesn't always work and at times causes errors

Effectiveness at Managing Multiple Fund Sources

Yes this has been a great feature in MIP. We can track all of our grants whether restricted or non-restricted. We also are able to have multiple companies within our organization and that helps keeping our HUD homes in a different area.

Abila Partner Used

We have a much better way of seeing our vendors and their activity and this helps during budgeting time. In the A/P world, MIP has brought us to a whole new level with fingertip access to any information we need on any one of our vendors. Our files are now up to date including our W-9s.

Likelihood to Recommend

I love the ease of entering invoices and the ability of being able to make your invoice date and effective date different by use of an effective date within the details of the invoice you are entering.

MIP Fund Accounting Feature Ratings

Comments

Please log in to join the conversation

Abila MIP Positive Review