When someone asks whether MIP has a grant module, the word grant is doing too much work. MIP Fund Accounting can be an excellent financial system for grant accounting. It also offers Grant Administration functionality that can associate additional information with grant codes. Neither fact automatically means that MIP will...
Designing a Future-Proof MIP Accounting Chart of Accounts: A Nonprofit CFO’s Guide
If your MIP Accounting chart of accounts feels like it grew “organically,” you are not alone. Many nonprofits and governments implement MIP quickly to solve an immediate need, then spend years layering codes and segments on top of that original structure. The result? Reports are hard to read, new grants...