MIP Fund Accounting vs. Wave Accounting
| Product | Rating | Most Used By | Product Summary | Starting Price |
|---|---|---|---|---|
 MIP Fund Accounting | Score8.7 out of 10 | N/A | MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies. | N/A |
 Wave Accounting | Score8.3 out of 10 | N/A | Wave Accounting is a free, cloud-based accounting platform exclusively for small businesses. It supports double-entry bookkeeping and permits unlimited user access, invoicing, and expense management. Wave Accounting integrates with Wave's invoicing, receipt scanning, payment processing and payroll apps. | $16 per month |
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| Editions & Modules | No answers on this topic |
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| Entry-level Setup Fee | No setup fee | No setup fee | ||||||||||||||
| Additional Details | — | — | ||||||||||||||
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| Payroll Management |
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| Customization |
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| Security |
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| Reporting & Analytics |
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| General Ledger and Configurable Accounting |
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| Inventory Management |
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| Order Management |
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| MIP Fund Accounting | Wave Accounting | |
|---|---|---|
| Likelihood to Recommend | 8.7 | 6.0 |
| Likelihood to Renew | 9.5 | 7.8 |
| Usability | 8.3 | 7.0 |
| Availability | 10.0 | 6.7 |
| Performance | 8.7 | 2.9 |
| Support Rating | 8.5 | 2.1 |
| In-Person Training | 10.0 | - |
| Online Training | 8.0 | 4.7 |
| Implementation Rating | 6.1 | - |
| Configurability | 8.4 | - |
| CPA Rating | - | 8.0 |
| Ease of integration | 9.6 | - |
| Product Scalability | 8.1 | 3.0 |
| Vendor post-sale | 9.7 | - |
| Vendor pre-sale | 8.9 | - |