Shlomi Lavi /
Jan 25, 2023
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Bottom Line: Which is Better - MIP Fund Accounting or QuickBooks?
QuickBooks is more expensive to implement (TCO) than MIP Fund Accounting, and QuickBooks is rated higher (87/100) than MIP Fund Accounting (75/100). Both tools offer the same amount of features.
Looking for the right Church Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Abila Inc Vs. Intuit
Abila Inc: Abila serves strategic leaders and managers in dynamic nonprofit organizations and government agencies through high-value solutions. Organizations trust Abila to simplify and streamline processes in order to perform their best work and focus on delivering their unique mission. For Abila, it’s personal and backed by a team with more than 30 years o...
Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals.
Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile!
Who is more expensive? MIP Fund Accounting or QuickBooks?
The real total cost of ownership (TCO) of Church Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for MIP Fund Accounting and QuickBooks.
MIP Fund Accounting price starts at $0.10 per license , On a scale between 1 to 10 MIP Fund Accounting is rated 2, which is much lower than the average cost of Church Management software. QuickBooks price starts at $15 per month , When comparing QuickBooks to its competitors, the software is rated 2 - much lower than the average Church Management software cost.
Bottom line: MIP Fund Accounting cost is around the same cost of QuickBooks.
Which software includes more/better features?
We've compared MIP Fund Accounting Vs. QuickBooks based on some of the most important and required Church Management features.
MIP Fund Accounting: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing, Budgeting & Forecasting, Check Printing, Credit Card Processing.
QuickBooks: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing.
Target customer size
MIP Fund Accounting is suitable for all types of business. QuickBooks Premier 2014 was designed for use by every type of business.