A very good accounting package for complicated and simple non-profit organizations.
December 28, 2016
A very good accounting package for complicated and simple non-profit organizations.
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Abila MIP Fund Accounting
MIP Fund Accounting is being used as the sole accounting software package for our non-profit company. It is used exclusively by the F&A Dept. It is an overall very good package which addresses most of our needs. We also use the Fund Raising module.
- Keeping track of history for both vendors and customers. It allows for quick history searches when non-accounting employees need to know information for a particular vendor or customer.
- The check writing process is very good, and allows for memorized descriptions which can really cut down the time for data input.
- Invoice generation for customers is also very automated once billing groups and customers are initially entered.
- Their depreciation/amortization module is a bit confusing with the initial set-up, and the module doesn't calculate final entries to zero out the asset.
- We wish there were a few more short cuts when entering invoices, such as initially entering the amount to be paid at the top of the screen, and then letting the software automatically fill the in preset account code combination and the offset.
- The customer invoice generation process should allow for changing values of fixed amounts for charge codes within the entry of information (so you don't have to change a memorized charge code out of the process each time) this will save the user time.
- We transitioned long ago and the impact was a much better interface to get information quickly. There are several ways to locate specific information when necessary, the only drawback is you must have a clear understanding of how to construct reports from a top-down orientation.
- The financial reporting, once set up, gave a much more professional image to our external reporting functions.
- We are able to turn around our monthly and quarterly closes much faster.
Our organization does not have to deal with this.
MIP has been there for us when we had questions, and they were always able to give us solutions.
We found MIP to be most directly related to our non-profit accounting needs. With the tie-in capability of translating current expenses into a 990 tax return, the format is very helpful at filing time.