Compare TurboCASH and MIP Fund Accounting - Mar 2022

Shlomi LaviShlomi Lavi / Mar 28, 2022

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Bottom Line: Which is Better - TurboCASH or MIP Fund Accounting?

TurboCASH is more expensive to implement (TCO) than MIP Fund Accounting, and TurboCASH is rated higher (91/100) than MIP Fund Accounting (75/100). MIP Fund Accounting offers users more features (15) than TurboCASH (2).

Looking for the right Core Accounting 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:

TurboCASH Vs. Abila Inc

TurboCASH: TurboCASH Accounting is a community developed, top drawer, SME accounting package that will make your business competitive. Here is a world class software package that is going to improve your profitability. Best of all it is free. There are no catches here. We are not looking to become your "accounting department". It is our pleasure to watch you ...

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...

Who is more expensive? TurboCASH or MIP Fund Accounting?

The real total cost of ownership (TCO) of Core Accounting 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 TurboCASH and MIP Fund Accounting.

TurboCASH price starts at $60 per year , On a scale between 1 to 10 TurboCASH Open Source Accounting is rated 2, which is much lower than the average cost of Core Accounting software. MIP Fund Accounting price starts at $0.10 per license , When comparing MIP Fund Accounting to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.

Bottom line: TurboCASH cost is around the same cost of MIP Fund Accounting.

Which software includes more/better features?

We've compared TurboCASH Vs. MIP Fund Accounting based on some of the most important and required Core Accounting features.

TurboCASH: Accounts Payable, Accounts Receivable.

MIP Fund Accounting: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing.

Target customer size

TurboCASH's typical customers include: Start up, Small business, Medium business, Large business, MIP Fund Accounting is suitable for all types of business.



TurboCASH

ITQlick rating
(3.8/5)

starts at $60 per year

TurboCASH Open Source Accounting is an on-premise and cloud-based open source accounting software for small businesses, that is aimed at helping with invoicing, budgeting, and inventory management. This softwar...

Categories: Accounting & Finance, Remote Access.

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, Financial reporting.

Compare specifications

Compare features

TurboCASH: 2 Features

Accounts Payable
Accounts Receivable

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
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
TurboCAS...
ITQlick rating
3.8/5
Score
91/100
Pricing
3/10
License pricing
$60 per year
Functionality
4
Compare
MIP Fund...
ITQlick rating
4.2/5
Score
75/100
Pricing
2.8/10
License pricing
$0.10 per license
Functionality
29
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9

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.