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MIP Fund Accounting Imports

MIP Fund Accounting Imports made easy with the mcgovern consulting group

GET THE MOST OUT OF MIP® with the mcgovern consulting group

MIP Fund Accounting® Integration Services

Unlock the full potential of your financial management with our expert MIP Fund Accounting Imports and Integration Services. Specializing in seamless and efficient integration, we ensure that most projects are completed within just two weeks. Our approach prioritizes your business processes, offering tailor-made solutions that fit perfectly into your existing workflows. Experience the ease of integration like never before, with a focus on accuracy, control, and minimal disruption.

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the mcgovern consulting group difference

Why Choose our Consulting Services?

Speed & Efficiency

Fast integration, with most projects completed within two weeks.

User Control & Data Accuracy

Utilizes MIP Fund Accounting®’s traditional import functionality for enhanced control and precision.

Minimal Maintenance

Designed for ease of use with very little maintenance required.

Flexibility

Highly flexible solutions that adapt to your specific business needs.

Customized Integration

Customization that aligns with your business process, not the other way around.

Services designed for you

Importing Data into MIP Fund Accounting®

Importing data into your accounting system electronically can significantly conserve precious time while simultaneously improving the precision of your financial data. Generally, this digital data integration process aligns with one of two distinct categories.

The first category, Data Imports, pertains to the one-off transfer of information either from an existing accounting system you already utilize or from an electronic spreadsheet. Consequently, this approach is ideal for instances where the data does not regularly change and needs to be updated or added to your system just once.

Conversely, the second category, Data Interface, is tailored for the seamless importation of recurring data directly into MIP Fund Accounting® from a different software application. Specifically, this method is beneficial for ensuring that ongoing and routinely updated information is accurately and efficiently reflected in your accounting system.

Moreover, to facilitate these services, The McGovern Consulting Group offers the expertise of specialized professionals. Whether you require assistance with a one-time data import or need ongoing support for data interfacing, our team is equipped to provide the necessary guidance and help to streamline your accounting processes.

Information That Can Be Imported Into MIP Fund Accounting®

Transaction Entry

  • Cash Disbursements
  • Cash Receipts
  • Journal Vouchers
  • Budget Entries
  • A/P Invoices
  • A/P Credit Memos
  • A/P Manual Checks
  • A/R Bills
  • A/R Credit Memos
  • A/R Receipts
  • Encumbrance
  • Encumbrance Liquidations

Bank Reconciliation

  • Reconciling Entries

Order Entry

  • Sales Order Entry

General Ledger

  • Chart of Accounts
  • Account Assignments
  • Closing Accounts
  • Offset Account Assignment
  • Distribution Codes
  • Check Spoilage

Accounts Payable

  • Vendor Information
  • 1099 Adjustments

Accounts Receivable

  • Customer Information
  • Customer Ship Address Header

Multicurrency

  • Exchange Rates

Fixed Assets

  • Asset Type
  • Designation
  • Acquisition, Location, Responsibility, & Valuation Codes
  • Assets
  • Depreciation Codes
  • Custom Depreciation Codes

Accounts Receivable Billing

  • Charge Codes
  • One Time Charges Information

Inventory

  • Inventory Adjustments

Payroll

  • Distribution Codes
  • Processing Group Codes
  • Earnings Codes
  • Benefit Codes
  • Deduction Codes
  • Workers’ Comp Codes
  • Leave Codes
  • State Tax Codes
  • Local Tax Codes
  • Employee Information
  • Timesheets
  • Balance Adjustments

Purchase Order

  • P.O. Item Codes
  • Bills of Materials Content

THREE INTEGRATION CATEGORIES

Click below to learn more

Search by all many of the solutions that we already know the requirements and have a standard layout that we get from the solution to work with.  These include payroll systems, donor systems, medical billing, credit card companies, and many others.  

If you have your own file or a file that you want to work with, we can make it compatible for import into MIP Fund Accounting®. We can either manually add the necessary fields or script it so that popup windows appear to fill in the missing data pieces.

Many times you need to update items in MIP®, you have the need to split reports, or other items that we have built to streamline processes and save time and improve accuracy. These tasks could be manually performed but we have automated them. 

Steps for MIP Fund Accounting Imports

  1. Formatting/Inputting Fields
  2. Logging into MIP®
  3. Selecting the Definition File
  4. Selecting the CSV File
  5. Reviewing Error Messages
  6. Clearing Out Partial Imported Session
  7. Reviewing Transactions in MIP®
  8. Reviewing an Unposted Report in MIP®
  9. Posting in MIP®
The Export/Import Process: Source of External Data > Export > Data File > Process External Data to Meet Import Specification > Data File > Create Definition File > Import > MIP® Fund Accounting System

most common transaction types

Transaction Types Clients Import As Journal Entries

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