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MIP Fund Accounting

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Dedicated fund accounting for nonprofits, government, and healthcare

Paid plans only
PaidAccountingNonprofit Tools
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Tracked since2026

The Bottom Line

Price
Paid plans only. Compare plans

Key facts

  • Fund accounting software for nonprofits, K-12 schools, healthcare, and government, deployable as cloud SaaS or on-premise.
  • Supports unlimited funds, a multidimensional chart of accounts, and FASB/GASB-compliant reporting.
  • Pricing is not published; provided directly by Community Brands after a demo request.

Pros

  • Supports both cloud and on-premise deployment
  • Purpose-built for FASB/GASB fund accounting compliance
  • Serves multiple sectors (nonprofit, education, healthcare, government) with one platform

Cons

  • No public pricing; requires a demo request to get a quote
  • Multidimensional chart of accounts and requisition workflows add setup complexity for smaller organizations

What is MIP Fund Accounting?

MIP Fund Accounting (MIP Accounting) is fund accounting software from Community Brands, available as a cloud-based SaaS subscription (MIP Cloud) or on-premise installation. It supports unlimited funds and a multidimensional chart of accounts for organizations managing multiple revenue sources and funding requirements. Core functionality includes general ledger, fund accounting, budgeting, grant reporting, accounts payable, and accounts receivable, with configurable dashboards and requisition/purchase order workflow automation. Integrated payroll and HRMS modules are available, along with advanced security and fraud-protection controls, and financial reports comply with FASB and GASB standards. MIP is aimed at nonprofits, K-12 schools, healthcare organizations, and government entities that need dedicated fund accounting rather than general-ledger business accounting software. The vendor does not publish pricing on its website; organizations request a demo and receive pricing directly from Community Brands.
how we evaluateSourcemip.com ↗

Key Features

  • General ledger, fund accounting, and budgeting
  • Grant reporting and requisition/purchase order automation
  • Accounts payable and accounts receivable
  • Multidimensional, configurable chart of accounts
  • Integrated payroll and HRMS modules
  • FASB- and GASB-compliant financial reports
  • Cloud (MIP Cloud) or on-premise deployment

Pricing Plans

Pricing checked Oct 6, 2026

MIP Fund Accounting plans and prices, checked October 2026
PlanPriceDetails
Custom Quote

Custom

  • Cloud (MIP Cloud) or on-premise deployment
  • Pricing provided after a demo request
View full pricing

Is MIP Fund Accounting worth the price?

Weak value

MIP Fund Accounting's custom quote model with no published pricing creates opacity that can disadvantage smaller buyers.

This approach is typical for enterprise fund accounting software, but the lack of a starting price makes it feel expensive or inconvenient compared to transparent competitors. It is best for mid-to-large organizations that prioritize dedicated fund accounting features over upfront cost clarity.

Full MIP Fund Accounting pricing: every plan, hidden costs and alternatives

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MIP Fund Accounting FAQ

How does MIP Fund Accounting support grant reporting for nonprofits?

MIP Fund Accounting includes grant reporting functionality as part of its core fund accounting capabilities. It complies with FASB and GASB standards, enabling organizations to track and report on multiple funding sources and revenue streams.

How does MIP Fund Accounting compare to Aplos for fund accounting?

MIP Fund Accounting is a dedicated fund accounting platform from Community Brands that supports both cloud and on-premise deployment, while Aplos is a cloud-only solution for nonprofits. MIP serves multiple sectors including government and healthcare, and its multidimensional chart of accounts and requisition workflows add setup complexity for smaller organizations.

What are the main trade-offs of using MIP Fund Accounting for smaller organizations?

MIP Fund Accounting's multidimensional chart of accounts and requisition workflow automation add setup complexity that may be challenging for smaller organizations. Additionally, the vendor does not publish pricing publicly, requiring a demo request to receive a quote.

Which teams benefit most from MIP Fund Accounting's dedicated fund accounting features?

Teams in nonprofits, K-12 schools, healthcare organizations, and government entities that need to manage multiple revenue sources and comply with FASB or GASB standards benefit most from MIP Fund Accounting. It is designed for organizations that require dedicated fund accounting rather than general-ledger business accounting.

Does MIP Fund Accounting include a free tier?

MIP Fund Accounting is available on free and paid plans. The vendor does not publish pricing publicly; organizations request a demo and receive pricing directly from Community Brands.

Can MIP Fund Accounting be deployed on-premise or only in the cloud?

MIP Fund Accounting supports both cloud-based SaaS subscription (MIP Cloud) and on-premise installation. This flexibility allows organizations to choose the deployment method that fits their IT infrastructure and compliance needs.

How does MIP Fund Accounting handle compliance with accounting standards?

MIP Fund Accounting's financial reports comply with FASB and GASB standards, making it suitable for organizations that must follow these fund accounting guidelines. The software includes advanced security and fraud-protection controls to support audit requirements.

What workflow automation does MIP Fund Accounting offer for purchase orders?

MIP Fund Accounting includes requisition and purchase order workflow automation as part of its core functionality. This allows organizations to streamline approval processes and maintain control over spending across multiple funds.

Source: mip.com

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