MIP Accounting
by Momentive Software · Nonprofit & Public Sector
Cloud or on-premise fund accounting software for nonprofits, schools, and government.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Works with
- ADPPaychexPaycomPaycorPaylocity
- Deployment
- Cloud, On-premise
- Pricing
- Quote-based
Overview
MIP Accounting (formerly MIP Fund Accounting / Abila MIP) is a fund accounting solution built for nonprofits, K-12 schools, healthcare organizations, faith-based groups, and government entities that need to track and report on unlimited funds. It is published by Momentive Software (formerly Community Brands) and markets itself around 40+ years of fund-accounting experience.
The product covers general ledger and fund accounting, budgeting, grant reporting, accounts payable/receivable, requisition and purchase-order workflows, and integrated payroll/HRMS, with a multidimensional chart of accounts and more than 340 out-of-the-box reports. Reporting is built to support FASB- and GASB-compliant output for nonprofit and government accounting standards.
MIP is offered both as MIP Cloud, a SaaS deployment with SOC compliance (AICPA SSAE), and as an on-premise, self-hosted option for organizations that prefer to run it in-house. It connects to payroll providers including ADP, Paychex, Paycom, Paycor, and Paylocity, and to bank feeds through a Finicity partnership covering the large majority of U.S. banks and credit unions for automated bank reconciliation.
Screenshots & demo
Demo video from the vendor's YouTube channel.
Modules & capabilities
MIP Accounting covers 16 of 54 capabilities we track in this category
30%- Restricted & unrestricted fund trackingGeneral ledger and fund accountingCore strength
- Segmented / multidimensional chart of accountsMultidimensional chart of accountsCore strength
- Budget development & monitoringBudget development and monitoringCore strength
- Accounts payable processingCore strength
- Accounts receivable & billingSupported
- Bank & credit card reconciliationAutomated bank feed clearing during reconciliationSupported
- Fixed asset trackingNot evidenced
- GASB/FASB-compliant financial reportingFASB- and GASB-compliant reportingCore strength
“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
Common use cases
- Nonprofits tracking unlimited restricted and unrestricted funds across programs
- K-12 schools and government entities producing GASB-compliant financial reports
- Healthcare and faith-based organizations centralizing grant and fund reporting
- Finance teams automating bank reconciliation via Finicity-connected bank feeds
- Organizations syncing payroll data from ADP, Paychex, Paycom, Paycor, or Paylocity
- Teams choosing between MIP Cloud (SaaS) and an on-premise deployment
Strengths & considerations
Strengths
- 40+ years of fund-accounting-specific product history under the MIP brand
- Choice of MIP Cloud (SaaS) or on-premise, self-hosted deployment
- Finicity-backed bank feed connectivity covering the large majority of U.S. banks and credit unions
- Native payroll integrations across five major payroll providers
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Payroll data sync
Payroll data sync
Payroll data sync
Payroll data sync
Payroll data sync
Pricing
Full MIP Accounting pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs
Pricing is not published; organizations request a demo/quote from MIP sales. Get an independent shortlist with pricing guidance below.
What does MIP Accounting cost?
MIP Accounting prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.
9 of the 12 vendors we track in this category publish no list price at all.
Technical & security
- Hosting
- SaaS (multi-tenant) for MIP Cloud; self-hosted option available
- Compliance
- SOC (AICPA SSAE)
Alternatives to MIP Accounting in Nonprofit & Public Sector
MIP Accounting — frequently asked questions
Is MIP Accounting cloud-based or on-premise?
Both. MIP is offered as MIP Cloud, a SaaS deployment, and as an on-premise, self-hosted option for organizations that prefer to run it in-house.
Does MIP Accounting integrate with payroll providers?
Yes. MIP integrates with ADP, Paychex, Paycom, Paycor, and Paylocity so payroll data flows into fund accounting without manual entry.
Does MIP support automated bank reconciliation?
Yes, via an Automated Bank Feed Clearing feature built on a partnership with Finicity, which connects to the large majority of U.S. banks and credit unions.
Is MIP Cloud compliant with security standards?
MIP Cloud includes SOC compliance endorsed by the AICPA's Statement on Standards for Attestation Engagements (SSAE), along with encrypted data storage and user-access controls.
Compare MIP Accounting head-to-head
The Nonprofit & Public Sector Buyer's Guide
Before you commit to MIP Accounting, see how it sits against the 12 nonprofit & public sector systems we track — on capability, ERP integration depth and what each one actually charges for.
Nonprofit & Public Sector Buyer's Guide
12 systems compared · 2026
ERP Research
- MIP Accounting compared side-by-side with 11 alternatives
- ERP integration checklist — what to verify before you shortlist
- The pricing questions that change the quote
- A MIP Accounting evaluation brief, included with the guide
Nonprofit & Public Sector Buyer's Guide
Get pricing for MIP Accounting
MIP Accounting doesn't publish a price. Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what it should cost you — and which alternatives are worth quoting alongside it.