Accounting with your future in mind
Core fund accounting modules with future expandability. Upgrading is easy—our team partners with you every step of the way.
MIP Core Modules
Track financial information in a way that works best for your organization using a flexible, segmented chart of accounts. General Ledger is the foundational module that tracks cash receipts, cash disbursements, journal vouchers, and other financial transactions with an easy-to-use report writer directly within the application.
Centralize all vendor information and automate Form 1099 production. To help create a streamlined process, your Accounts Payable transactions will simultaneously update vendor accounts and the General Ledger. Reporting is easier because you can pay vendors from multiple cash accounts.
Accounts Receivable Reporting
Track accounts receivable without the added cost of billing functions. Enter amounts due or credits for individual A/R accounts, and print detailed or summary A/R ledgers by date, customer, or other user defined classification. Easily generate an aging report for monitoring outstanding balances and forecasting more accurate cash flow management.
Improve cash management by closely monitoring bank balances and transactions using the Bank Reconciliation module. With MIP Cloud, you can use the Bank Feed module to automate the bank reconciliation process.
Create an unlimited number of customized budgets for any timeframe, including cross-year budgets; enforce budget control with a single click; and activate warnings when at risk of overspending. Forecast and create “what if” scenarios to ensure a strong financial position for your organization in the future. See how transactions will affect your outstanding budget in real time, as they are created with a budget view available directly within transaction entry.
Eliminate time-consuming duplicate entry and reduce errors from manual data entry. Users can also facilitate the transfer of information into MIP, such as general ledger entries from outsourced payroll or other systems and accounts receivable information from specialized billing systems.
Make each document coming from your organization look professional, such as billing statements, check stock, and purchase orders. Create custom preferences, such as manager signatures, automatically included on checks under a defined value. Create a consistent, branded, and professional look for all your reports.
MIP Cloud Dashboard
View a detailed summary of your organization's financial state for the current fiscal year. Interact with your data with an interactive dashboard that features four key performance indicators and three chart types. Track your real-time financial data.
Electronic Funds Transfer (EFT)
Improve cash management. Control when vendor payments are drafted from bank accounts and reduce costs associated with postage and check stock. Go paperless, save trees and resources, all while reducing manual data entry
Define customer segments to track grants your organization oversees. Improve your grant-seeking lifecycle. Manage multiple grantor relationships simultaneously and track each one with Chart of Accounts. Run reports that lead to successful outcomes and maximize your grant and project management programs.
Create reports unique to your organization without relying on third-party solutions. Use any of the 135 robust, dynamic report templates to quickly get the information you’re looking for or build your own reports. Create reports in minutes instead of hours.
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