MIP 2021 New Features & Functionality

Released in 2021, MIP Fund Accounting version 2021.1 and 2021.2 offers a number of new features and functionality.  All MIP software users with an active maintenance and support plan will have access to the latest version.

MIP Fund Accounting 2021.2

Improvements and new features in this release:

Modern user interface    

  • The Allocations module is now available within the Modern user interface
  • Examples and setup instructions are provided for all Allocation Methods
  • User Security Rights automatically transfer from Classic to Modern
  • While processing allocations a progress bar appears, and users can navigate to other pages while reports are running.
  • A new Bank Feed feature was added within the Bank Reconciliation module:
  • Automatically match a linked bank account transaction to a MIP entry, making bank reconciliation easier and faster
  • Changes in browser support:
  • Added support for Chromium based Microsoft Edge. Chrome is the recommended browser; Internet Explorer will no longer be supported.

Modern and Classic user interface    

  • Expanded API Endpoint capability now includes Fixed Assets functionality
  • This release includes several quality enhancements based on reported issues and customer feedback, see KB 26496 for details. 

MIP Fund Accounting 2021.1

Improvements and new features in this release:

Modern user interface    

  • The Fixed Assets module is now available within the Modern user interface
  • Create, maintain & dispose different Asset types.
  • Set up, review & adjust Depreciation activities such as automatic calculation and scheduling Fixed Assets reporting.
  • Changes in browser support:
  • Added support for Chromium based Microsoft Edge. Starting with update 2021.1, Chrome is the recommended browser as we are taking steps to remove Internet Explorer dependency; IE will no longer be supported starting in the fall release.

Modern and Classic user interface

  • Expanded API Endpoint capabilities:
  • Attachments, budget version, void checks, UDFs, account code combinations, report groups, manage sessions, manage users, and account level security.
  • Quality improvements:
  • This release includes several quality enhancements based on reported issues and customer feedback. See the Version X Resolved Issues KB for details.

Classic user interfaces only

  • Improved Patch Tool that automatically searches for applicable patches.

If your organization is beginning to look for a new nonprofits software system, we’re here to help!  Contact one of our nonprofit software team members today!