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MIP Fund Accounting®

MIP Fund Accounting is a specialized financial management solution designed to meet the unique needs of nonprofits, government agencies, and educational institutions. It empowers organizations to track funds, manage grants, and maintain compliance while optimizing financial workflows.

With flexible deployment options—hosted or on-premises—MIP Fund Accounting adapts to the specific operational and security needs of each organization.

Unlike generic accounting software, MIP Fund Accounting offers a modular structure, allowing organizations to customize the system with the exact features they need, without unnecessary complexity.

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A Smarter Approach to Mission-Driven Financial Management

Why Choose MIP Fund Accounting?

Regulatory Compliance & Audit Readiness

Built-in tools help ensure adherence to financial standards, donor requirements, and nonprofit compliance regulations.

Automated Processes & Time Savings

Reduce manual work with automation, freeing staff to focus on strategic initiatives.

Scalability for Growth

Modular design allows organizations to expand capabilities as financial management needs evolve.

Real-Time Analytics & Custom Reporting

Generate transparent reports tailored to stakeholders, auditors, and internal teams.

Cost Efficiency

Reduce overhead expenses by consolidating multiple financial tasks into a single, integrated platform.

Customize Your System with Powerful Features

MIP Fund Accounting Modules

MIP Fund Accounting is a modular system, allowing organizations to tailor their financial management processes. Choose only the features you need or implement a full suite for comprehensive financial oversight.

Core Accounting Modules

These essential tools help track accounts, budgets, and financial data in a way that fits your organization’s needs:

General Ledger

Organize and report financial data with full fund tracking.

Accounts Payable

Manage vendor payments and financial obligations efficiently.

Accounts Receivable Reporting

Track incoming funds and revenue sources.

Bank Reconciliation

Automate and simplify bank statement reconciliation.

Budget

Develop and monitor flexible, multi-year budgets.

Data Import/Export

Easily transfer financial data between systems.

Forms Designer

Customize financial forms and reports.

Ensure accurate payroll processing, streamline HR functions, and enhance employee self-service options:

Payroll

Automate and track employee compensation.

Direct Deposit

Securely process electronic payroll payments.

Human Resource Management

Track employee data, benefits, and compliance.

Employee Web Services

Provide employees with access to payroll and benefits information.

Benefit Enrollment

Develop and monitor flexible, multi-year budgets.

Enhance purchasing oversight, streamline approvals, and maintain compliance:

Electronic Requisition

Automate purchase requests and approvals.

Encumbrances

Reserve funds for planned expenditures.

Fixed Assets

Track and manage asset lifecycles.

Purchase Order

Simplify procurement workflows with seamless integration.

 

Enhance financial security, reporting, and operational efficiency:

Advanced Security

Control access with role-based permissions.

Allocations Management

Automate cost distribution for better financial accuracy.

A/R Reporting with Billing & Sales Order Entry

Track revenue, billing, and customer transactions.

Dashboards

Gain real-time financial insights at a glance.

DrillPoint

Create custom reports with advanced drill-down capabilities.

Electronic Funds Transfer (EFT)

Securely process vendor payments.

Executive View License

Provide executives with high-level financial insights.

GASB Reporting

Ensure compliance with Governmental Accounting Standards Board (GASB) regulations.

Multicurrency

Manage transactions in multiple currencies.

Scheduler

Automate financial processes and reporting.

Data Consolidation

Merge financial data across multiple entities.

Your Trusted Partner for Over 20 Years

About McGovern Consulting Group

For more than two decades, McGovern Consulting Group has been a leading provider of MIP Fund Accounting solutions, helping mission-driven organizations maximize their financial capabilities.

Tailored Implementation Strategies

Ensuring the software aligns with your organization’s financial structure.

Comprehensive Training Programs

Web-based sessions, in-person workshops, and customized training.

Ongoing
Support & Consultation

Helping you maximize MIP Fund Accounting’s full potential for long-term success.

McGovern Consulting Group Logo

Unlike other providers, we go beyond simple software installation—we work closely with organizations to address real-world financial challenges and provide lasting solutions.

Your Questions Answered

FAQs

What makes MIP Fund Accounting different from standard accounting software?

MIP Fund Accounting is designed for mission-driven organizations, offering fund tracking, grant management, and compliance tools not available in generic accounting systems.

Yes! MIP Fund Accounting is scalable and customizable, making it ideal for nonprofits of all sizes—from small grassroots organizations to large government entities.

Absolutely! It seamlessly integrates with donor management platforms, payroll software, and CRMs, ensuring a unified and efficient financial ecosystem.

We offer full-service implementation, hands-on training, and ongoing support, ensuring your organization fully leverages MIP Fund Accounting for long-term success.

Empower Your Organization with Smarter Financial Management

Get Started with MIP Fund Accounting®

Take control of your financial reporting, grant management, and compliance with MIP Fund Accounting—trusted by nonprofits, government agencies, and educational institutions.

Need guidance? Our experts are here to help. Contact us today to discover how MIP Fund Accounting can simplify your financial management.