Compare MIP Fund Accounting and QuickBooks - Jan 2023

Shlomi LaviShlomi 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.

MIP Fund Accounting

ITQlick rating
(4.2/5)

starts at $0.10 per license

MIP Fund Accounting is financial management software that was initially designed for nonprofits and government organizations. It offers all the necessary solutions for business finances and has over 8,000 custo...

Categories: Accounting & Finance, Billing & Invoicing, Budgeting & CPM, Core Accounting.

QuickBooks

ITQlick rating
(5/5)

starts at $15 per month

Quickbooks is a cloud-based accounting software designed for self-employed and small businesses. The solution helps the user manage all their finances with either an online version or licensed.

Categories: Accounting & Finance, Billing & Invoicing, Core Accounting, Medical Accounting, Time Tracking.

Compare specifications

Compare features

MIP Fund Accounting: 15 Features

Accounts Payable
Accounts Receivable
Audit Trail
Balance Sheet
Billing & Invoicing
Budgeting & Forecasting
Check Printing
Credit Card Processing
Fund-Accounting
General-Ledger
Multi-Currency
P&L Statement
Sales Reporting
Tax compliance
Time & Expense

QuickBooks: 15 Features

Accounts Payable
Accounts Receivable
Audit Trail
Balance Sheet
Billing & Invoicing
Check Printing
Credit Card Processing
General-Ledger
P&L Statement
Purchase Orders
Sales Reporting
Time & Expense
Invoice Scheduling
Invoice Templates
Time and Expense Tracking
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
MIP Fund...
ITQlick rating
4.2/5
Score
75/100
Pricing
2.8/10
License pricing
$0.10 per license
Functionality
29
Compare
QuickBooks
ITQlick rating
5/5
Score
87/100
Pricing
3.2/10
License pricing
$15 per month
Functionality
20
ACS Soft...
ITQlick rating
4/5
Score
97/100
Pricing
6/10
License pricing
$279.95 per month
Functionality
3
Compare
Servant ...
ITQlick rating
4.7/5
Score
96/100
Pricing
2/10
License pricing
$49.99 per month
Functionality
3
ParishSO...
ITQlick rating
4/5
Score
92/100
Pricing
6/10
License pricing
Pricing not available
Functionality
3

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.