Sage — Sage MIP Fund Accounting

From the Nov. 2009 Review of Not-for-Profit Accounting Programs.

Designed specifically for the nonprofit and government sector, Sage MIP Fund Accounting continues to offer a solid fund product which continually provides frequent product enhancements designed to increase the value of the product.

EASE OF USE/FLEXIBILITY-
Sage MIP Fund Accounting’s user interface contains a standard drop-down menu that allows access to various functions including transactions, activities, reports and the Sage MIP Fund Accounting dashboard. To the left of the screen is the Sage MIP Fund Accounting Navigator that lists various module options. Clicking on one of these options brings up a workflow chart with icons representing all of the available functions within that module. The Process Manager, to the right of the screen, provides options for saving and organizing favorites, reports, charts and forms. Frequently used functions can also be saved to the Favorites menu.

Sage MIP Fund Accounting data-entry screens are easily navigated, with drop-down menu fields and lookup options plentiful. Tabs at the bottom of the screen display when accessing a module or feature and stay displayed, making it easy to toggle between screens. Function icons at the top of the screen make it easy to print documents, export information to Excel, or save as an attachment.

MODULES/SCALABILITY-
Sage MIP Fund Accounting is a modular system, with GL, AP, AR, Visual Analyzer, Grant Administration, Allocations Management, Encumbrances, Advanced Security, Multicurrency, Payroll, Budget, Direct Deposit, Electronic Requisition, Inventory Control, Forms Designer, Sales Order Entry, Fixed Assets, Purchase Orders, Data Import/Export, Scheduler, Electronic Funds Transfer, Bank Reconciliation, Data Consolidation, and GASB 34.

Other add-ons available include Sage Fundraising 50, providing fundraising and development tools that assist users with donor acquisition, fundraising and operational efficiency. Built around GL functionality, modules can be added as needed, making Sage MIP Fund Accounting an ideal solution for small and mid-sized nonprofits alike. For those who require flexibility and anytime access, the option to have Sage MIP Fund Accounting fully hosted on secure Sage servers is also available.

FEATURES/FUNCTIONALITY-
Sage MIP Fund Accounting Version 10.1 contains two significant program updates: new compliance with Form 990 changes and various user enhancements that include an improved Scheduler module and the addition of a new Warehouse Control Report.

All modules and chart of accounts are set up in the Administration option of Sage MIP Fund Accounting. This allows modules to be set up as needed, as well as an organizational chart of accounts. Sage MIP Fund Accounting offers a table-driven chart of accounts, allowing users to track an unlimited amount of grants, funds, departments and cost centers.

The Grant Management module maintains grant contact information, reporting periods, indirect cost rates, and any notes that need to be recorded for future reference. Allocations Management allows users to allocate both direct and indirect costs, with allocations being done at program level, department level, grant level or across multiple segments. The Forms Designer allows users to create custom forms that suit their particular organization, including paychecks, purchase orders, bills and invoices. An excellent Data Import/Export module allows for the import of Excel spreadsheets and employee timesheets, as well as for the export of reports to Excel while maintaining original formatting. The Visual Analyzer module uses a graphical interface to help users uncover organizational trends, monitor budget and actual expenses, and develop effective strategies to help strengthen the organization.