Sage MIP Fund Accounting software is the ideal accounting solution for small to medium-sized nonprofits and governmental entities. With advanced budgeting, allocation and grant management capabilities, Sage MIP Fund Accounting software lets you streamline your financial management processes and produce advanced reports with ease.

Sage MIP Fund Accounting software is available in a Single User version or the Standard version. The Single User version is a specially priced bundle of modules for smaller organizations. As your organization grows, additional modules can be added, and your organization can seamlessly upgrade to the Standard version to add users.  Larger organizations will appreciate the flexibility that the database can be installed on SQL Server to facilitate more users, greater transaction volume, and remote locations, without losing precious processing time.
  
Sage MIP Fund Accounting software offers the customization and flexibility required to meet the diverse needs of nonprofits and governmental entities. Extensive customization options include a flexible table-driven chart of accounts for complex accounting configurations, user-preferred desktop configurations for efficiency and ease of use, and extensive user-defined fields to track additional information, such as units of service, for example.
 
Transaction entry is simple and efficient. Special function keys, distribution codes and automatic offset entries are just a few of the timesaving options available. Sage MIP Fund Accounting software also includes additional features such as automatic allocation of expenses across several projects or accounting codes and tracking of restricted or unrestricted funds for projects or funding sources. Excellent audit trails and transaction reporting reduce time spent tracking specific transactions. 

Sage MIP Fund Accounting software’s flexible, built-in report writer helps you easily create advanced reports that meet the individual requirements of funding sources, internal management,  boards of directors, and other reporting bodies. You can produce a wide selection of standard reports, such as FASB and GASB compliant, audit-ready financial statements, or create compelling custom reports with Sage MIP Fund Accounting software’s flexible graphing tools.

For informed management decisions, you need access to the transaction details behind your numbers. Sage MIP Fund Accounting software’s dynamic Drill-down Analyzer lets users drill down to review the individual transactions that make up the balances without having to run a new report. Sage MIP Fund Accounting software offers industry-leading budget management tools and control features, including online available budget checks, instant display of budget impact of entries, posting control of entries that exceed the budget, and collaborative budget planning. For additional control, you can monitor financial commitments through encumbrance tracking.

Specifically for governmental entities, the Sage MIP Fund Accounting GASB Reporting module includes a wide variety of pre-formatted reports, including the audit-ready GASB financial and accounting reports required by funding sources and auditors. Governmental entities have specific social and legal responsibilities as indicated by the Governmental Accounting Standards Board (GASB) Statement Numbers 34 & 35. This includes special reporting requisites that are often beyond the capability of commercial accounting systems. 

Sage MIP Fund Accounting Modules:

• General Ledger
• Accounts Payable
• Accounts Receivable Billing 
• Accounts Receivable Reporting 
• Advanced Security
• Allocations Management 
• Bank Reconciliation
• Budget Management
• Data Consolidation
• Data Import/Export
• Direct Deposit
• Electronic Funds Transfer for Accounts Payable
• Electronic Requisitions
• Encumbrances
• Fixed Assets 
• Forms Designer
• GASB Reporting
• Grant Administration
• NightShift Scheduler
• Payroll
• Purchase Orders with Encumbrances
• Special Advanced Read-Only and Collaboration Licensing: Executive View

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