Nonprofit News from Soft Trac

Sage Software recently released version 9.0 of Sage MIP Fund Accounting, the latest version of its award-winning accounting software for nonprofit financial management. Enhancements to the product include: new tax forms and eFiling by Aatrix®, new recurring and reversing entry management functionality, enhanced fixed assets tracking and reporting, streamlined navigation and enhanced user interface, and additional payroll, accounts payable, accounts receivable, and reporting functionality. For 25 years, Sage MIP Fund Accounting has been helping nonprofit and government organizations of all sizes track and report on multiple funds, across multiple budget periods; plan and manage budgets; maximize grants; and produce accurate, customized reports.
“The latest release of Sage MIP Fund Accounting includes several features, such as an easier-to-navigate interface and the Recurring and Reversing Entry Manager, that we told Sage Software would simplify our accounting processes,” said Rebecca Trevino, CPA, director of administration for The Railroad Commission (RRC) of Texas, an Austin, Texas-based regulatory organization. “We have been a Sage customer since 1996, because Sage MIP Fund Accounting is an outstanding fund accounting package. The software can handle any government structure that I have encountered.”

Krista Endsley, senior vice president and general manager for Nonprofit Solutions at Sage Software, said, “Sage MIP Fund Accounting, version 9.0, features stronger core functionality, while preserving the stability and reliability expected by our loyal nonprofit and government customers. This release debuts the product’s new user interface, and offers more tools designed to save time and effort for customers at all experience levels.”

New Version 9.0 Features

• New tax forms and eFiling by Aatrix® enables users of the Payroll module to quickly and easily produce W-2 and W-3 forms for employees, or eFile federal and state reports. Users can also review and file more than 250 federal and state tax forms and payments, which are automatically completed with their payroll data.

• Streamlined navigation and an easier-to-navigate interface enhance the user experience.

• New Recurring and Reversing Entry Manager can help save users time by allowing them to set up, edit, and manipulate repeat entry tasks.

• Enhanced tracking and reporting capabilities in the Fixed Assets module can help strengthen users’ audit trails.

Additional payroll, accounts payable, accounts receivable, and reporting functionality, as well as audit controls were added to Sage MIP Fund Accounting.

“The new Recurring and Reversing Entry Manager will go a long way in making our repetitive processes easier and faster,” said Trevino. “It expedites many of the data entry functions, thereby enabling us to process more transactions with fewer staff.”