Sage MIP Fund Accounting is the financial management solution preferred by nonprofit and government organizations for planning and managing budgets, maximizing grants, and producing accurate customized reports in minutes. Unlike off-the-shelf commercial products, Sage MIP Fund Accounting lets organizations track and report on multiple funds across multiple budget periods in order to meet stringent reporting requirements.
The flexible, built-in report writer helps cut hours or days off your reporting cycle. Create the complex custom reports you need within the system, instead of manipulating data with external spreadsheets or fighting with complex external report-writing tools. You can produce a wide selection of standard reports, such as FASB or GASB-compliant, audit-ready financial statements, or create compelling custom reports with graphing tools. It's never been easier to demonstrate financial responsibility to funders, internal management, and boards of directors.
Extensive customization options include a flexible table-driven chart-of-accounts design, user-preferred desktop configurations, and user-defined fields.
Sage MIP Fund Accounting offers industry-leading budget management tools and control features, including monitoring financial commitments through encumbrance tracking, online available budget checks, instant display of budget impact of entries, posting control of entries that exceed the budget, and collaborative budget planning. The system's dynamic Drill-Down Analyzer lets users drill down to review the individual transaction details that make up the balances without having to run a new report. Executive View licensing options provides the ability for executives to collaborate in the budget preparation process and frees accounting staff from running and distributing specialized reports.
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