MIP Fund Accounting Features

MIP Fund Accounting

Fund accounting for government organizations and nonprofits

4.22/5 (65 reviews)

Competitor Feature Comparison

ACH Payment Processing
API
Access Controls/Permissions
Account Reconciliation
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Asset Lifecycle Management
Asset Tracking
Audit Management
Audit Trail
Bank Reconciliation
Billing & Invoicing
Budget Control
Budgeting/Forecasting
CRM
Cash Flow Management
Cash Management
Charting
Check Printing
Collaboration Tools
Compliance Management
Contact Database
Customizable Fields
Customizable Forms
Customizable Reports
Customization
Dashboard
Dashboard Creation
Data Import/Export
Donation Management
Donation Tracking
Donor Management
Dues Management
Event Management
Expense Tracking
Financial Management
Financial Reporting
Fixed Asset Management
For Nonprofits
For Private Schools
For Religious Organizations
For Special Education
Fraud Detection
Fund Accounting
Fundraising Management
General Ledger
Grant Management
HR Management
Income & Balance Sheet
Invoice Management
Invoice Processing
Member Database
Membership Management
Mobile Access
Multi-Company
Multi-Currency
Multi-Location
Payment Processing
Payroll Management
Profit/Loss Statement
Project Accounting
Purchasing & Receiving
Real Time Data
Real Time Reporting
Receipt Management
Reporting & Statistics
Reporting/Analytics
Requisition Management
Resource Allocation & Planning
Security Auditing
Self Service Portal
Summary Reports
Third Party Integrations
Transaction History
Vendor Management
Visit WebsiteCompare App
ACH Payment Processing
API
Access Controls/Permissions
Account Reconciliation
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Asset Lifecycle Management
Asset Tracking
Audit Management
Audit Trail
Bank Reconciliation
Billing & Invoicing
Budget Control
Budgeting/Forecasting
CRM
Cash Flow Management
Cash Management
Charting
Check Printing
Collaboration Tools
Compliance Management
Contact Database
Customizable Fields
Customizable Forms
Customizable Reports
Customization
Dashboard
Dashboard Creation
Data Import/Export
Donation Management
Donation Tracking
Donor Management
Dues Management
Event Management
Expense Tracking
Financial Management
Financial Reporting
Fixed Asset Management
For Nonprofits
For Private Schools
For Religious Organizations
For Special Education
Fraud Detection
Fund Accounting
Fundraising Management
General Ledger
Grant Management
HR Management
Income & Balance Sheet
Invoice Management
Invoice Processing
Member Database
Membership Management
Mobile Access
Multi-Company
Multi-Currency
Multi-Location
Payment Processing
Payroll Management
Profit/Loss Statement
Project Accounting
Purchasing & Receiving
Real Time Data
Real Time Reporting
Receipt Management
Reporting & Statistics
Reporting/Analytics
Requisition Management
Resource Allocation & Planning
Security Auditing
Self Service Portal
Summary Reports
Third Party Integrations
Transaction History
Vendor Management
Visit WebsiteCompare App
ACH Payment Processing
API
Access Controls/Permissions
Account Reconciliation
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Asset Lifecycle Management
Asset Tracking
Audit Management
Audit Trail
Bank Reconciliation
Billing & Invoicing
Budget Control
Budgeting/Forecasting
CRM
Cash Flow Management
Cash Management
Charting
Check Printing
Collaboration Tools
Compliance Management
Contact Database
Customizable Fields
Customizable Forms
Customizable Reports
Customization
Dashboard
Dashboard Creation
Data Import/Export
Donation Management
Donation Tracking
Donor Management
Dues Management
Event Management
Expense Tracking
Financial Management
Financial Reporting
Fixed Asset Management
For Nonprofits
For Private Schools
For Religious Organizations
For Special Education
Fraud Detection
Fund Accounting
Fundraising Management
General Ledger
Grant Management
HR Management
Income & Balance Sheet
Invoice Management
Invoice Processing
Member Database
Membership Management
Mobile Access
Multi-Company
Multi-Currency
Multi-Location
Payment Processing
Payroll Management
Profit/Loss Statement
Project Accounting
Purchasing & Receiving
Real Time Data
Real Time Reporting
Receipt Management
Reporting & Statistics
Reporting/Analytics
Requisition Management
Resource Allocation & Planning
Security Auditing
Self Service Portal
Summary Reports
Third Party Integrations
Transaction History
Vendor Management
Visit WebsiteCompare App

MIP Fund Accounting Feature Reviews

25 reviewers had the following to say about MIP Fund Accounting's features:

Srajan R.

Review of Abila MIP Advance™

2016-11-09

MIP Advance offers users the flexibility of a cloud-based system, along with strong fund management and reporting options.It is true fund accounting solution well suited for small-sized to mid-sized organization.

Pros

Offers a mobile app. Cloud based.

Cons

Setup time can be high

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Software Advice
Helpful?   Yes   No
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Dan M.

MIP for YOUR non-profit

2017-06-07

I would recommend this to any non-profit to account for financials in any industry.

Pros

MIP has one of the best non-profit accounting solutions out there, with its robust reporting, multiple segmentation of accounts, and ease of reviewing history in the database.

Cons

The built in custom reporting could be a little better - but there are certainly third party softwares out there that fix this problem - for a cost.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Software Advice
Helpful?   Yes   No
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Frank K.

Abila software - Meh

2020-03-19

There aren't many canned reports, and sometimes the reports don't match the actual data.

Pros

I like that it's tailored to the nonprofit company, so we can allocate expenses and revenues to specific grants.

Cons

Changing which bank to cut checks out of is not easy for a new user to find.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

5/10
Source: Software Advice
Helpful?   Yes   No
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Paige B.

Great software for mid-market non-profits

2015-06-01

Pros

It's also very easy to drill down (not from the financial reports) to find the detail I'm looking for with links to supporting documents (i.e. invoices). The A/R, fixed asset and other modules let us keep accounting for everything in one place.

Cons

And you can't enter operational/non-financial data for more comprehensive reporting.

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Likelihood to recommend

9/10

Recommendations to others considering MIP Fund Accounting

This software is great for small to mid-market non-profits who want lots of functionality for a reasonable price.

Source: Software Advice
Helpful?   Yes   No
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Lynn A.

Accomodating

2017-11-16

Pros

easy to navigate from General Ledger to Accounts Payable or Accounts Receivable, cash receipt and reporting.

Cons

budgeting in the system is not so easy. can't setup to match my format but the ability to upload helps

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

10/10
Source: Software Advice
Helpful?   Yes   No
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Anonymous
(Individual & Family Services company, 51-200 employees)

Sturdy and reliable accounting software

2019-12-22

Overall good, reliable and serves our current needs. We'd prefer a system that did not require annual updates performed by our applications team, but it's something we can live with. Customer support is helpful but can be hard to reach at times.

Pros

Other tools are add ons that we do not currently use but had to contract with a few additional third parties to meet our needs.

Cons

Normally these are not too cumbersome but occasionally they are more difficult to implement for our applications team and it takes up a good chunk of their time.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
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Paul W.

Highly functional product for a small, medium, or large non profit organization

2018-09-03

We have used this product for many years for our business and it has served us very well. I would highly recommend it.

Pros

Account code combinations to allow for control of account code usage. 3. Import/Export of data functions - We are able to import our 30,000+ lines of data for payroll entry each 2 weeks. 4.

Cons

Although the import function is a huge plus, sometimes I wish we could speed up a the process for larger entries.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Software Advice
Helpful?   Yes   No
Read more
Titus N.

A very valuable asset to our organization

2019-03-06

Pros

I think the best thing about this software is it provides payroll, AP, AR, reports, budgets and fund management. The software does have other features, but buy additionally.

Cons

Also in Payroll, all State taxes must be downloaded to run reports.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Software Advice
Helpful?   Yes   No
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Alejandro R.

Excellent for non-profits, but it could be even better

2014-12-08

Pros

The best thing is the multi-dimentional logic built into the product, which enables it to track almost any measure (P&L, Balance Sheet) across various dimensions (company, department, program, grant, restriction type, etc.)

Cons

Say you run a P&L report and want to know the details behind a certain expense figure.

Rating breakdown

Ease of use
Features
Customer support

Time used: Less than 6 months

Likelihood to recommend

9/10

Recommendations to others considering MIP Fund Accounting

In spite of a few pet peeves, the software is so robust and flexible that I still definitely recommend it. The balance is overwhelmingly positive. If you're considering Blackbaud's Financial Edge as an alternative and are being sold on its integration with their Raiser's Edge private donations software, don't believe it! Both packages were developed separately by two separate companies and are not really all that integrated. Blackbaud just purchased the accounting package from someone else. If you just came from the for-profit world, I would also suggest you bypass accounting packages developed for private businesses (Great Plains, etc.) The reporting requirements in the non-profit world are totally different.

Source: Software Advice
Helpful?   Yes   No
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Lauren R.

Abila MIP Fund Accounting is functional and reliable

2014-09-16

Pros

Transitioning from our old software to Abila Fund Accounting was nearly seamless, thanks to the Abila support team.

Cons

The reporting functionality is not at all intuitive.

Rating breakdown

Ease of use
Features
Customer support

Time used: Less than 6 months

Likelihood to recommend

9/10

Recommendations to others considering MIP Fund Accounting

Evaluate a lot of different providers, and watch their demos closely. Have end users involved in the demo process. Be thorough.

Source: Software Advice
Helpful?   Yes   No
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Tia C.

Very nice!

2019-01-09

Pros

We have been using this for accounting for quite awhile and have not have any issues.

Cons

The reporting could be better, more customization would be great.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Yvonne S.

Use

2017-05-19

Pros

Loads of options, Layout is nice, Support, job costing, all the report options, and vendor and customer lists

Cons

US version looks better Uses not give you cash accounting option

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

5/10
Source: Software Advice
Helpful?   Yes   No
Read more
Robbie P.

Manager

2018-06-18

I would recommend this product to any nonprofit. It has what you need for sure.

Pros

It also has strong audit controls for maintaining integrity within your software.

Cons

Hard to find anything I don't like about this product. I am eagerly waiting for them to bring more features to the cloud offering.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Software Advice
Helpful?   Yes   No
Read more
Kaycie G.

I use Abila daily for invoice processing and reporting.

2018-03-28

Pros

I like the reporting feature on Abila and the ease of saving reports for the future so I can run them monthly.

Cons

I do think the software could use an update and become more user friendly and more tech savvy. I also wish it would more better on a MAC.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Becky C.

Great Product, but who couldn't improve?

2015-07-23

Pros

Much customization available. Can usually get what you want based on what you've put in. Abila HUGE improvement of Sage.

Cons

Reporting is good but could be much better.

Rating breakdown

Ease of use
Features
Customer support

Likelihood to recommend

10/10

Recommendations to others considering MIP Fund Accounting

You're not going to find anything better without writing the software yourself. Save yourself the shopping around. Spend the time, energy, and expense of training and conferences-WELL worth it! Very robust product!

Source: Software Advice
Helpful?   Yes   No
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Clement O.

Good product, horrible customer service

2018-09-10

Pros

The best part is the reports feature.

Cons

It does not matter what day or time I call, they are ALWAYS busy.

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Software Advice
Helpful?   Yes   No
Read more
Sheraz A.

Best Fund Accounting Software

2014-11-20

Pros

It easy to use and follows a logical flow. Reports can be customized, which is a great tool.

Cons

You need proper training and the interface is not very user-friendly.

Rating breakdown

Ease of use
Features
Customer support

Time used: Less than 6 months

Likelihood to recommend

8/10

Recommendations to others considering MIP Fund Accounting

If you have multiple grants and funds to manage, MIP is a good software for medium-sized organizations.

Source: Software Advice
Helpful?   Yes   No
Read more
Jessica L.

Will Meet All Your Non-Profit ACCOUNTING Needs

2017-02-27

I have used Abilia/Sage MIP Fund Accounting for the better part of 12 years in non-profit finance and it is the best I've used.

Pros

Ease of reporting, filtering, GL intersectionality, Modules for AP-AR-Payroll-Purchase Orders-HR all available

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Shruti D.

Excellent accounting tool For big as well as small businesses

2016-11-09

By means of some training, even a non accountant can use the tool efficiently to get the functionality they need. Importing data onto this system requires some level of expertise and is time consuming but it is smooth thereafter.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Monthly

Likelihood to recommend

8/10
Source: Software Advice
Helpful?   Yes   No
Read more
Kanul D.

Cloud based functionality makes Abila an attractive option

2016-11-09

Abila MIP Advance is a sophisticated, cloud-based true fund accounting solution that delivers powerful reporting, analytics, and dashboards. This tool is available with a responsive web interface which is optimized for mobile devices.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

8/10

Recommendations to others considering MIP Fund Accounting

Contact Abila directly and not through the third parties involved in the marketing of Abila products.

Source: Software Advice
Helpful?   Yes   No
Read more
Praise A.

Complex but worth it

2017-10-05

Pros

You will be able to track a lot of expenses and produce a host of reports.

Cons

Without proper training, it could be very challenging for an entry level employee. It requires an extra attention to detail

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

8/10
Source: Software Advice
Helpful?   Yes   No
Read more
Leslie E.

Payroll & Benefits Coordinator

2016-11-08

I would like to do more precise reports, like who is on BCBS HMO and who is on BCBS PPO.

Pros

I love that! Every-time I have questions I can call over there and I get help.

Cons

Why do I have to enter some information more than once? I have to enter exempt and non-exempt on Current Job tab, Job History tab and Current Pay Tab...Why? Also the W-4 issued by the IRS says Single, Married or Married but filing at a higher Single rate. The box Single/head of household is confusing. On Address & Phone tab why do the Home, Cell & Fax boxes have "Ext" in the box? No one has an Ext at home or on their cell phones. Now you are just being lazy.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Weekly

Likelihood to recommend

7/10
Source: Software Advice
Helpful?   Yes   No
Read more
Lisa N.

Abila MIP Fund accounting

2015-09-17

Pros

Vendor was fabulous in explaining how to use the product and went out of their way to make sure we received any answers needed.

Cons

It's not fully implemented yet so I can't report about it.

Rating breakdown

Ease of use
Features

Likelihood to recommend

8/10

Recommendations to others considering MIP Fund Accounting

Take your time and make sure you make a visit to a company that is using the software.

Source: Software Advice
Helpful?   Yes   No
Read more
Lisa B.

Font is too small for anyone with less than perfect eyesight.

2016-02-24

Pros

The program is organized and user friendly, easy to navigate, easy to produce a report, easy to search.

Cons

Inability to increase font size on the main screens. The very small font size is very difficult to see and causes a strain for those of us who work on the system all day. This could discourage someone from purchasing the program if their employees have less than perfect eyesight.

Rating breakdown

Ease of use
Features
Customer support

Time used: Less than 6 months

Likelihood to recommend

5/10

Recommendations to others considering MIP Fund Accounting

Although the program is very good....you would need to take into consideration the inability to read the font. Not sure if other companies offer a similar program with a larger font or ability to change the font.

Source: Software Advice
Helpful?   Yes   No
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Yuan W.

2012-02-24

MESSIANIC JEWISH BIBLE INSTITUTE (MJBI) is a multi-dimensional evangelistic and educational organization to people of the Jewish heritage.

Rating breakdown

Ease of use
Features
Customer support
Source: Software Advice
Helpful?   Yes   No
Read more