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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    MIP Fund Accounting

    Score8.7 out of 10
    N/AMIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.N/A

    QuickBooks Desktop for Mac

    Score8 out of 10
    N/AQuickbooks Desktop for Mac is an accounting software designed for Mac users. It is designed to integrate with Apple iCloud. It provides core accounting features in line with the rest of the Quickbooks Desktop product line.N/A
    Pricing
    MIP Fund AccountingQuickBooks Desktop for Mac
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    MIP Fund AccountingQuickBooks Desktop for Mac
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    MIP Fund AccountingQuickBooks Desktop for Mac
    Considered Both Products
    Momentive Software
    Chose MIP Fund Accounting
    Our auditors didn’t like QuickBooks, they recommended a few different programs but we found MIP to be the one that would work the best for us
    Incentivized
    Intuit
    No answer on this topic
    Key User Insights
    Would buy again
    91%
    Would buy again
    116 Answers
    80%
    Would buy again
    4 Answers
    Delivers good value for the price
    97%
    Delivers good value for the price
    108 Answers
    80%
    Delivers good value for the price
    4 Answers
    Happy with the feature set
    94%
    Happy with the feature set
    119 Answers
    80%
    Happy with the feature set
    4 Answers
    Lived up to sales and marketing promises
    86%
    Lived up to sales and marketing promises
    54 Answers
    No answers on this topic
    Implementation went as expected
    85%
    Implementation went as expected
    56 Answers
    No answers on this topic
    Features
    MIP Fund AccountingQuickBooks Desktop for Mac
    Payroll Management
    Comparison of Payroll Management features of MIP Fund Accounting and QuickBooks Desktop for Mac
    Feature
    MIP Fund Accounting
    -
    Ratings
    QuickBooks Desktop for Mac
    8.9
    13 Ratings
    14% above category average
    Pay calculation00 Ratings8.411 Ratings
    Benefit plan administration00 Ratings7.98 Ratings
    Direct deposit files00 Ratings10.010 Ratings
    Salary revision and increment management00 Ratings8.47 Ratings
    Reimbursement management00 Ratings10.09 Ratings
    Customization
    Comparison of Customization features of MIP Fund Accounting and QuickBooks Desktop for Mac
    Feature
    MIP Fund Accounting
    -
    Ratings
    QuickBooks Desktop for Mac
    7.5
    12 Ratings
    2% below category average
    API for custom integration00 Ratings7.08 Ratings
    Plug-ins00 Ratings8.011 Ratings
    Security
    Comparison of Security features of MIP Fund Accounting and QuickBooks Desktop for Mac
    Feature
    MIP Fund Accounting
    -
    Ratings
    QuickBooks Desktop for Mac
    10.0
    22 Ratings
    18% above category average
    Single sign-on capability00 Ratings10.022 Ratings
    Role-based user permissions00 Ratings10.019 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of MIP Fund Accounting and QuickBooks Desktop for Mac
    Feature
    MIP Fund Accounting
    -
    Ratings
    QuickBooks Desktop for Mac
    6.7
    24 Ratings
    16% below category average
    Dashboards00 Ratings5.121 Ratings
    Standard reports00 Ratings7.924 Ratings
    Custom reports00 Ratings7.024 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of MIP Fund Accounting and QuickBooks Desktop for Mac
    Feature
    MIP Fund Accounting
    -
    Ratings
    QuickBooks Desktop for Mac
    7.6
    26 Ratings
    2% below category average
    Accounts payable00 Ratings8.126 Ratings
    Accounts receivable00 Ratings7.725 Ratings
    Cash management00 Ratings5.520 Ratings
    Bank reconciliation00 Ratings9.526 Ratings
    Expense management00 Ratings8.622 Ratings
    Time tracking00 Ratings7.514 Ratings
    Fixed asset management00 Ratings7.016 Ratings
    Multi-currency support00 Ratings5.011 Ratings
    Multi-division support00 Ratings6.012 Ratings
    Regulations compliance00 Ratings10.011 Ratings
    Electronic tax filing00 Ratings10.017 Ratings
    Self-service portal00 Ratings7.715 Ratings
    Global Financial Support00 Ratings5.08 Ratings
    Primary and Secondary Ledgers00 Ratings8.615 Ratings
    Intercompany Accounting00 Ratings8.116 Ratings
    Localizations00 Ratings8.07 Ratings
    Journals and Reconciliations00 Ratings9.519 Ratings
    Enterprise Accounting00 Ratings8.67 Ratings
    Configurable Accounting00 Ratings6.511 Ratings
    Centralized Rules Framework00 Ratings6.511 Ratings
    Standardized Processes00 Ratings6.915 Ratings
    Inventory Management
    Comparison of Inventory Management features of MIP Fund Accounting and QuickBooks Desktop for Mac
    Feature
    MIP Fund Accounting
    -
    Ratings
    QuickBooks Desktop for Mac
    7.3
    17 Ratings
    1% below category average
    Inventory tracking00 Ratings9.516 Ratings
    Automatic reordering00 Ratings6.512 Ratings
    Location management00 Ratings6.911 Ratings
    Manufacturing module00 Ratings6.510 Ratings
    Order Management
    Comparison of Order Management features of MIP Fund Accounting and QuickBooks Desktop for Mac
    Feature
    MIP Fund Accounting
    -
    Ratings
    QuickBooks Desktop for Mac
    9.1
    20 Ratings
    16% above category average
    Pricing00 Ratings9.019 Ratings
    Order entry00 Ratings9.518 Ratings
    Credit card processing00 Ratings9.119 Ratings
    Cost of goods sold00 Ratings9.118 Ratings
    Order Orchestration00 Ratings9.07 Ratings
    End-to-end order visibility00 Ratings9.19 Ratings
    Order exception Resolution00 Ratings9.18 Ratings
    Best Alternatives
    MIP Fund AccountingQuickBooks Desktop for Mac
    Small Businesses
    Blackbaud Financial Edge NXT
    Score8.5 out of 10
    Sage Accounting
    Score9.1 out of 10
    Medium-sized Companies
    Blackbaud Financial Edge NXT
    Score8.5 out of 10
    MYOB
    Score7.7 out of 10
    Enterprises
    No answers on this topic
    Microsoft Dynamics GP
    Score6.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MIP Fund AccountingQuickBooks Desktop for Mac
    Likelihood to Recommend
    8.7
    (434 ratings)
    8.1
    (34 ratings)
    Likelihood to Renew
    9.4
    (130 ratings)
    8.0
    (9 ratings)
    Usability
    8.3
    (100 ratings)
    6.1
    (8 ratings)
    Availability
    10.0
    (15 ratings)
    9.0
    (1 ratings)
    Performance
    8.6
    (90 ratings)
    -
    (0 ratings)
    Support Rating
    8.5
    (99 ratings)
    7.0
    (4 ratings)
    In-Person Training
    10.0
    (9 ratings)
    -
    (0 ratings)
    Online Training
    8.0
    (7 ratings)
    -
    (0 ratings)
    Implementation Rating
    6.1
    (28 ratings)
    5.0
    (1 ratings)
    Configurability
    8.4
    (8 ratings)
    -
    (0 ratings)
    Ease of integration
    9.6
    (13 ratings)
    -
    (0 ratings)
    Product Scalability
    8.1
    (15 ratings)
    -
    (0 ratings)
    Vendor post-sale
    9.7
    (13 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    8.9
    (13 ratings)
    -
    (0 ratings)
    User Testimonials
    MIP Fund AccountingQuickBooks Desktop for Mac
    Likelihood to Recommend
    Momentive Software
    MIP Fund Accounting works very well for general fundraising. The form creation process is easy and allows you to set parameters and add fees, quantities, images, etc. This process is smooth on the customer (forward-facing) side as well. Reports are generated once the transactions have gone through, making tracking and reconciliation with accounting easy.
    Incentivized
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    Intuit
    If you're a freelancer or running a very small business where you do your own bookkeeping I think this is a great option, especially if you're familiar with accounting and bookkeeping in general. If you're not so familiar with bookkeeping, I would say that the learning curve is too steep and you might want to look elsewhere for a more intuitive solution
    Incentivized
    Read full review
    Pros
    Momentive Software
    • Easy to obtain check register for select periods
    • Easy to do bank reconciliations
    • Easy to log in for remote work, for anywhere I need to access it from!
    • Easy to pull vendor, chart of accounts and other pertinent information, also easy to add information to those sections.
    Incentivized
    Read full review
    Intuit
    • The program is very easy to learn, the interface is incredibly user-friendly and there are tons of free resources and tutorials available
    • It makes managing payroll really easy for the employee and accountant on staff. No more lost time sheets or late paychecks!
    • Managing bills and paying them has become streamlined and it's great having everything in one place so we don't lose track of things.
    Incentivized
    Read full review
    Cons
    Momentive Software
    • With the payroll process, if there is an error in sending the stubs through email, there is no option to resend without a restore. That really needs to change.
    • Being able to void encumbrance at the same time as a PO would be an incredible time saver.
    • When processing W2 the system deletes info.
    Incentivized
    Read full review
    Intuit
    • The #1 complaint is that setting it up right is a challenge. People waste time trying to figure it out only to realize that they don't know accounting so of course they don't know how an accounting program should be set up. Like any time you are in over your head, reach out to your network and find someone who can log onto your computer and walk you through it.
    • If you need to track the cost of wages to jobs you can't do it with the online payroll, but check for yourself because it's a function that landscaping companies and construction businesses usually need, so maybe they have added it by now. That would really help!
    • It's premise-based software and that means you take on the role of hardware admin, and it's a lot of work for what is increasingly becoming a smaller gap in the functionality between QuickBooks for Mac and QuickBooks Online.
    • QuickBooks for Mac 2015 has been updated consistently over the last 3 years and continues to provide for the bookkeeping needs of small companies using Macs in their offices. However, it has limited job costing functionality. It is similar in functionality to the 2010 version of QuickBooksPro which runs on Windows.
    Incentivized
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    Likelihood to Renew
    Momentive Software
    I give MIP a 10 because Our organization use MIP Fund Accounting ever since I've been there and that's been for over 20 plus years for all of our accounting and payroll. MIP has stayed on the cutting edge of technology, ever evolving to meet the needs of the times, especially post pandemic, while many are working remotely! MIP support staff are very knowledgeable and efficient. Even new users can get up to speed quickly with MIP Fund Accounting.
    Incentivized
    Read full review
    Intuit
    I haven't spent that much time with the newer versions of QuickBooks for Mac, but I think I'm seeing it make the much-needed improvements. For example, something as simple as undoing the previous reconciliation was a terrible chore, and I'm glad that feature has been included in the newer versions of QuickBooks for Mac
    Incentivized
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    Usability
    Momentive Software
    I have used this system for about 12 years now and I still learning how to use it. It always surprises me how there is another report to learn to achieve my data reporting goals. It is great to have a system that you have used long enough to feel comfortable with but also a system that allows you to learn new ways to report and enter data into the system
    Incentivized
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    Intuit
    The Mac version is OK overall. I find the Windows versions to be much more robust but Mac is quite good for Mac users. Though I think die hard Mac users should consider QuickBooks Online instead as there is a new QB for Mac app that makes using QBO much better!
    Incentivized
    Read full review
    Reliability and Availability
    Momentive Software
    I have rarely encountered any issues accessing MIP Fund Accounting over the years. On the rare occasions when availability was interrupted, the reasons were always found in-house when using the on-premises version. Since we have migrated to the MIP cloud, we have had no issues with availability. Any maintenance or updates are always communicated to us and are usually done outside of business hours.
    Incentivized
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    Intuit
    I've been using the QuickBooks online version for a little over 6 months now (upgraded from Mac desktop) and I haven't had any access issues. There have been times when it was down for service/upgrade however there is always plenty of notification time given by the Quick Books Online Support team. These upgrade maintenance time frames are always over night hours and on the weekends so everything can be worked around very easily.
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    Performance
    Momentive Software
    We have 18 programs and the CFO has the ability through MIP Fund Accounting to generate separate and/or collective reporting for those programs. Each program has its own grant or funding source. Each has its own reporting guidelines that must be met so the ability to run reporting separately or collectively is a plus.
    Incentivized
    Read full review
    Intuit
    No answers on this topic
    Support Rating
    Momentive Software
    I have not reached out to MIP for technical support; however, their website offers great help resources so I can solve an issue on my own. Another team member reached out to MIP for support and was helped quickly. The transition process took longer than expected due to a lag in communication.
    Incentivized
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    Intuit
    Fortunately, I haven't had to reach out much for support.
    Incentivized
    Read full review
    In-Person Training
    Momentive Software
    There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
    Incentivized
    Read full review
    Intuit
    No answers on this topic
    Online Training
    Momentive Software
    Denise O'Malley provided training for the HR module when we added it to our system. Denise also gave us a demo of the EWS module which we were able to see that it would not meet our needs. She was very kind about and understanding regarding the functions we needed with a time clock system.
    Incentivized
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    Intuit
    No answers on this topic
    Implementation Rating
    Momentive Software
    Don't waste your time with MIP. There are plenty of other softwares out there that will do the job better. Do your homework. Get references from actual users. Make sure that what you choose will truly integrate. Make sure that there is local support. Get training. You will be glad that you passed this one by. Trust me.
    Incentivized
    Read full review
    Intuit
    No answers on this topic
    Alternatives Considered
    Momentive Software
    I've utilized other ERP accounting software like Infor, NetSuite, and MS Dynamics, to name a few. MIP Fund Accounting offers flexibility and room for growth while not being overly heavy on your team to maintain it. And, we're now learning more about the add-on's and more advanced capabilities to leverage with our team.
    Incentivized
    Read full review
    Intuit
    I love using Quickbooks compared to other software we've tried. QuickBooks Online and TSheets interface. Customer service and problem resolution are generally excellent, with well-trained and proficient agents taking calls or on chat. Ease of use and accessibility via the mobile app. Great courses were available to help with learning the basics and some advanced accounting background. I love learning! Online accessibility - it can work anywhere with an internet connection. Linking to bank and credit card accounts is handy.
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    Scalability
    Momentive Software
    The flexibility to create certain features are helpful and are designed to be easier on MIP Accounting Cloud. It has been easier than the MIP Accounting classic version. I may have not fully utilized the software to deploy across multiple departments other than generating revenue reports or expenses. As well as developing budget worksheets for our departments. Which are great as it is, but have not gone farther than that.
    Incentivized
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    Intuit
    No answers on this topic
    Return on Investment
    Momentive Software
    • We converted to the cloud version a few years ago to reduce our dependency on a dedicated internal IT server which needed to be replaced. The cost of the product switched to a monthly fee which increased cost somewhat but probably is matched with IT savings over time in doing upgrades.
    • We have an efficient team of two people doing the transactional work, so we don't really have much incentive to further automate our processes. And with the turnover in the CFO position we have had, has helped us maintain consistency in our processing.
    • Once I learned how to memorize and recall transactions it was a huge timesaver and increased the accuracy and consistency of our entry.
    • The cost of training is sometimes prohibitive. Example is my accounting clerk MIGHT benefit from additional training but at about $200 for a lot of the courses, it is more than we have budgeted.
    Incentivized
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    Intuit
    • It has allowed us to offer multiple bookkeeping softwares for clients that do not want to change from what they have been using.
    • Payroll filing has given us ease of mind because we can physically make the filings rather than waiting on payroll software to make them for us.
    Incentivized
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    ScreenShots

    MIP Fund Accounting Screenshots

    Screenshot of MIP Advance™ Dashboards with drilldownScreenshot of MIP™ Transactions WorkflowScreenshot of MIP DashboardsScreenshot of MIP DashboardsScreenshot of MIP Dashboard drilldownScreenshot of MIP Transactions