Non-Profit Organization - Multiple Fund Accounts
October 31, 2016
Non-Profit Organization - Multiple Fund Accounts
Score 7 out of 10
Vetted Review
Verified User
Overall Satisfaction with Abila MIP Fund Accounting
MIP is used primarily by our Finance Department. Some program directors do have access to, and use, the software. MIP is our primary accounting software.
Pros
- Reports are easily created and used.
- Accounts payable system is extensive and friendly.
- Entries are easy to make and MIP provides lots of references for training and use of the system.
Cons
- Entering budgets - we have only been able to do this manually. If it is possible to import from Excel we need to know.
- I have not done a ROI calculation for our investment in MIP but I can say that we have been able to bridge gaps with the parts of our organization that do the field work by using MIP reports so they can see the impact their work has on our financials.
Our organization manages over 80 fund accounts from donations, local, state and federal sources. MIP does have all of the functionality we need to manage the funds, organize reports and data so that we can effectively manage our programs.
MIP Fund Accounting Feature Ratings
Using Abila MIP Fund Accounting
15 - Payroll, Accounts Payable, Accounts Receivable, Accounting, Analysis
2 - We have an IT team member and a member of our finance team whom work with MIP support to manage the software.
- Accounts Payable
- Fund distribution
- Accounting
- We have provided access to some of our more fiscally minded program directors so they can assist with building and managing budgets.
- Our hope for use in the future is ease of budgets and we are hoping to add the purchase order module to enter invoices.
Using Abila MIP Fund Accounting
| Pros | Cons |
|---|---|
Like to use Relatively simple Easy to use Technical support not required Well integrated Consistent Quick to learn Convenient Feel confident using | None |
- Setting up group codes, new general ledger and grant codes
- Running revenue and expense reports
- Setting up large and complex budgets
Comments
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