Sage MIP Fund Accounting

ClinicTracker records all client encounters. BillingTracker generates claims and records payments. But what if you want a full financial analysis of your operation? Sage MIP Fund Accounting is the award-winning tool for managing payables, receivables, grants, complex allocations, projecting budgets, tracking funds, and forecasting cash flow. A tight integration with Sage MIP Fund Accounting makes converting your billing data into valuable accounting information a simple, effective, and transparent process.

Click here to see screenshots of the BillingTracker/Sage MIP Fund Accounting integration.

Create Direct Integration Links

• Link BillingTracker insurers to funding sources
• Link ClinicTracker sub-specialty programs to Sage MIP programs or reporting units
• Associate insurers with receivable/revenue accounts

Simple Import/Export Process

• Filter export files by program and date range
• Review export batches directly from file or using our viewer utility
• Log directly into Sage MIP from BillingTracker and process your import files

Sage MIP Fund Accounting is the award-winning accounting software that allows you to:

• Cut hours or days off of your reporting cycle. Create the reports you need within the system, instead of manipulating data with external spreadsheets or fighting with complex, external report-writing tools.
• Customize the chart of accounts to access data quickly and easily for more efficient tracking & reporting.
• Automate transaction entry with a variety of tools including memorized and recurring transactions, preset distributions, and entry defaults, to boost productivity and reduce errors.
• Use the dynamic drill-down analyzer to review individual transactions that make up balances on reports.
• Make it easy for auditors to verify the accuracy of financial statements by maintaining a clear audit trail.

What is Fund Accounting?

Commercial organizations have accounting systems that measure product, division and company performance by gain and loss of profits. Accounting systems for nonprofit organizations (and sometimes government agencies) only begin by measuring incoming and outgoing monies—they must do much more. Nonprofits have social and legal responsibilities that extend beyond the balance sheet. They must also carefully track and report on separate sums as they move though their programs in the forms of "funds." Major donations and grants are commonly given with a set of specific and unique requirements, restrictions and responsibilities. The associated funds are either "restricted" or "unrestricted." Failure to demonstrate that "restricted" funds have been used correctly can have some serious organizational consequences, including termination of executives, loss of funding and worst case, loss of tax-exempt status. This type of accounting for noncommercial entities is called fund accounting. Solutions that deliver fund accounting like the Sage MIP Fund Accounting product line are specially designed to help nonprofits meet those tracking responsibilities and handle the special requirements that may come with each new source of funding.

United States Reseller Partners

• Northeast: Brisbane Consulting
• Maryland & Surrounding Area: Applied Business Services, Inc.
• National: JMT Consulting
• Hawaii, Oklahoma, and Alaska: Finley & Cook, PLLC
• New England: Soft Trac and The Technology Group