Have you been looking for a way to reconcile credit card statements in your Abila MIP system? Learn the pros and cons of credit card clearing accounts and provide step-by-step instructions on how to set one up in your MIP system.
Have you entered the wrong account coding, effective date, or amount on an AP invoice? If so, then you are probably familiar with the process of reversing and correcting a posted entry in MIP. Initially, it seems like a complex process. Learn how to correct an AP invoice with ease.
Learn how to set up the Entry Dates table and use it to your advantage when closing months in MIP.
Have you had instances where you had to create multiple vendors to accommodate multiple check addresses? Learn how to clean up your vendor list by merging them into one record with multiple addresses.
Abila MIP Fund Accounting is organized around things called "Segments". In this tip, we will explain what a segment is, as well as the type and how each segment is used.
Do you process accrued expenses, accrued revenues, or other adjusting type entries in Abila MIP? MIP has a feature that will automatically create the reversing entry for Journal Voucher transactions.
Ever print an MIP report and it prints out on multiple pages and you realize you don't need it on two pages? In this tip, we will take you through steps on how to get your report to fit on one page.
Managing multiple accounts can be tricky. Keep reading to find out how to transfer balances from one fund to another.
Do you start from scratch on your budget every year? MIP Fund Accounting has a budget worksheet wizard that will allow you to follow a few simple steps and create a new version of last year's budget to meet this year's requirements.
Learn how you can find an amount, even if you have no other information like a vendor number, General Ledger code, or transaction date.
Do you attach supporting documentation to AP invoices in MIP? Did you know that you can complete this even after the invoice has been posted? MIP provides you with the ability to add supporting documentation to all other document types, in addition to AP invoices.
Recurring entries are powerful and a great way to gain efficiency. But how do you set one up and what happens if I need to stop it early? Learn how in this software tip.
Want to make your budgeting process even easier? Learn how to take the next step in modifying a copied budget.
Enter the wrong starting check number or misfeed the checks in the printer? We have all been there. Check out this tip for help fixing mistakes that occur with Payroll and Accounts Payable checks.
Do you filter reports in MIP? Are you aware of the 'Like' and 'In' Operators? These are useful when filtering information by means other than an exact value or within a specific range. Learn how to use these filters in MIP and when they can be helpful.
Learn the various ways to retrieve attachments in MIP.
Abila MIP Fund Accounting has 4 ways of recording a check. The method chosen will depend on whether the item is in AP and whether a check is to be printed.
Learn how a simple setting can improve response time.
Vendor defaults are helpful when you have a vendor that always uses the same General Ledger and/or Chart of Accounts coding. It will pre-populate certain accounts once you begin an entry. The same thing applies to customer defaults.
Another new feature of the v2013 release of Abila MIP Fund Accounting is the ability to email customer invoices. Check out our tip to find the three simple steps to email invoices.
MIP defaults allow you to pre-populate certain data entry fields in MIP, so that you don’t have to type or make a selection each time you input an entry.
Ever run a report and the numbers don't tie out as you would expect? Perhaps a new account was created and it's not being picked up on reports. Find out how to use the Account Wizard to avoid this in the future.
Regarding the four dates on the various Report/Setup tabs: Most Abila MIP Fund Accounting financial reports allow you to report on Current Period and/or Current Year information by making the appropriate selection on the Contents tab.
So many report dates! Why? Cross-fiscal year reporting is one of the many benefits of Abila MIP Fund Accounting. Learn how to use it in this software tip.
Have you ever been confused about the date fields in Abila MIP when entering a transaction? Find out what each of the date fields represent in MIP with this month's software tip.
Learn about this useful feature in Microix to help your purchasing department make life much easier.
Learn about the two different dashboard interfaces that MIP Cloud offers which can be used simultaneously to complete various tasks.
Learn about some changes that will help ensure that your information is correct when it comes time to process your 1099’s.
Learn how you can compare and review unposted transactions in your Financial Statements prior to posting.
Learn how to run Data Integrity Checks for various modules that can be run individually or all at once.
Learning and trying new things in Abila MIP Fund Accounting is exciting. However, there is typically some type of fear that you don't want to compromise your data in the process. Eliminate that fear by learning how to create a copy of your database in our tip.
Learn how to void an accounts payable check voucher in MIP.
Vendors come and vendors go, but they don't have to be stuck on your vendor list once you are no longer doing business with them.
Learn how to enable budget checking feature to warn/prohibit if over budget.
Get a better understanding and build your confidence about entering date fields in MIP Fund Accounting Data Entry.
Learn how you can share your favorite folders with other Abila MIP users in your organization from Process Manager.
Stay current on all the important upgrades and updates for your Abila MIP Fund Accounting software. Don't miss out on the most efficient and up-to-date versions of your software.
Follow the steps in this software tip on how to reverse a posted accounts receivable receipt or prepayment (ARC) in MIP.
The AP/AR aging reports can present what appear to be inaccurate numbers. To analyze the financial picture that is painted it is important to understand how transactions are included in the report and with what date.
When the Accounts Receivable Billing Module is owned, it allows the user to create, print, and email the actual AR invoice to the customer. Without it, the user can only enter manual AR invoices, ARB’s into MIP. The steps in this software tip outline how to create a system-generated AR invoice through the MIP Fund Accounting Software.
In the v2013 release of MIP Fund Accounting, vendors can now have multiple check addresses. Learn how to use this new feature and clean up your current vendor list if you had to accommodate this with a workaround previously.
Learn how to make your organization more secure using the security updates from the latest release in MIP.
Are you having trouble with AR overpayments? Go through these three scenarios and their helpful steps.
You have received a payment from a customer for an outstanding invoice. The steps in this software tip cover applying the payment to the invoice.