MIP Fund Accounting
Software for Non-Profits and Government AgenciesHosted or On-Premises Solutions
MIP Fund Accounting addresses every obstacle a non-profit organization will face on a daily basis. Regardless of your non-profit sector, MIP Fund Accounting’s modular approach and NP Solutions’ experience allow us to structure an appropriate system.
Contact us and let’s decide together which modules deliver the proper functionality for your organization.
Track Every Dollar From Donation to Project
Easily Add New Features as You Grow
Simplify HR Managment & Payroll
Adapt to Change with Custom Reporting
Achieve TRUE Fund Accounting
With MIP Fund Accounting, you get purpose-built technology designed to meet the unique complexities of nonprofit financial management that only a true fund accounting software application can deliver.
- Supports multi-dimensional chart of account
- Provides a clear audit trail and fraud protection
- Includes GASB and FASB-compliant reports
- Enables financial transparency to stakeholders at all levels
- Easily integrates with other mission-critical systems
MIP Fund Accounting Modules & Features
- General Ledger
- Accounts Payable
- Accounts Receivable Billing & Reporting
- Bank Reconciliation
- Budget
- Allocations Management
- Payroll & Direct Deposit
- Fixed Assets
- Advanced Security
- GASB Reporting
- Human Resources Management
- Electronic Funds Transfer
- Data Import/Export
- Purchase Order & Encumbrances
- Electronic Requisitions
- Inventory
- Scheduler
- Forms Designer
- Data Consolidation
- Forms Designer
MIP Fund Accounting FAQs
- What Does MIP Stand For?
The "MIP" in MIP Fund Accounting stands for Micro Information Products. The popular fund accounting software was originally developed by a couple of Texas-based accountants back in 1982.
- What is the Purpose of Fund Accounting?
The primary need for fund accounting with nonprofit organizations is to be able to report back to their funding sources how their money was used. Fund Accounting is the concept of matching a source of specific funds and how it is spent. This includes Grants, Contracts and other, designated monies. The reporting requirement often dictates that funds are reported based on the contract year, which may be different than that of the organization. There are many other compliance issues for nonprofits, but this is the primary use of Fund Accounting.
- How Much Does MIP Fund Accounting Cost?
Cost is a complicated question because it depends on the platform (Cloud or Terrestrial), modules needed and number of users. MIP can be accessed in the cloud for as little as $200/mo. for the base modules of GL, AP, AR, Budget, Grant Administration, Bank Rec and EFT payments.
MIP Cloud
Built on the reputation and time-tested, 30-year track record of MIP Fund Accounting, MIP Cloud is the next generation of nonprofit accounting software running on a modern cloud infrastructure.
Nonprofits choose MIP Cloud because they:
- Are already in the cloud or ready to move
- Prefer a web-based, modern user interface (UI)
- Have staff working in multiple locations who need remote access
- Desire anytime, anywhere access
- Don’t have IT staff to manage servers, workstations, upgrades, etc.
MIP Cloud simplifies nonprofit financial management because your system is always up to date and things like upgrades, maintenance, and backups are automated and worry-free.
Schedule an MIP System Demo!
Want to see how MIP Fund Accounting would work for YOUR organization?
Just leave you name below and we’ll follow up to schedule a personal demonstration and show you how the system would work with your workflow, accounting requirements, and organizational needs.
