Nonprofit News

Set Up for Tracking COVID-19 Related Revenue and Expenses in MIP

April 29, 2020 by Jeron Comeau
In preparation for the receipt of COVID-19 related revenue and expenses, consider setting up a new segment account code using the MIP Chart of Accounts Wizard. Choose a segment, for example FundSource, Program, etc., to ...
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Customized Workstation Settings

April 1, 2020 by Jeron Comeau
With the transition to a home-based office, if you are using a computer other than the one at “the office”, you likely have noticed changes in your MIP settings.
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How to Handle COVID-19 Sick Leave

March 31, 2020 by Jeron Comeau
Good Morning Nonprofits! We hope you are all doing well and staying safe! We found this very helpful article in Community Brands Knowledgebase and thought it was very important that you see this if you're having issues ...
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1099 Changes for Year 2020 and 1099-NEC Form: Your Questions Answered

January 7, 2020 by Jeron Comeau
Question:  1099 Forms will be changing for 2020. How will MIP be handling this? NOTE: This is a developing issue and is subject to change.   Answer:  Starting with Tax year 2020 form 1099’s will see major changes. The ...
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W4 Changes in Year 2020: Your Questions Answered

January 2, 2020 by Jeron Comeau
Question:  The federal government is changing the W4 form for 2020. Will MIP support these changes? Answer: MIP payroll and HR will be making changes to accommodate the 2020 W4 changes. This accommodation will be ...
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How Your Finance Team Can Protect MIP Data from Ransomware

November 8, 2019 by Jeron Comeau
ransomware
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Tips for Preventing Vendor Related Fraud in MIP

October 22, 2019 by Jeron Comeau
Fraudsters are creative. If there is a way to commit fraud, they will.
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How-to plan for scalability when selecting an accounting software

October 7, 2019 by Karen O'Connor
INTRODUCTION: No one wants to hear the words, "you've outgrown your software system", but it happens. Wouldn't it be nice to have it happen less often? We're going through a software transition ourselves right now. One ...
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What your nonprofit needs to do to prepare for the new FASB rules.

July 20, 2017 by Karen O'Connor
Introduction Twenty four years is a long time in our world. It's longer than some of us have been in the workforce. (Not me, but that's another post.) While it may be challenging to process the new FASB changes, which ...
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Summer Projects Series Revisited | Six software cleanup projects to tackle this summer.

July 7, 2017 by Karen O'Connor
We're having another beautiful summer. While it can be a little hard to focus on projects when the sun is shining, summer is often a less busy time of year for many of our nonprofits and therefore can be a great ...
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