MIP Fund Accounting
24 Case Studies
A MIP Fund Accounting Case Study
Plimoth Patuxet Museums, a living-history museum serving more than 300,000 visitors annually, faced fragmented accounting systems, incomplete postings, a misclassified cash account, and a heavy burden of time-sensitive reporting for boards, banks, grants and audits. To gain stronger fund accounting controls and streamline diverse revenue streams from admissions, gift shops, donors, grants and events, the museum turned to MIP Fund Accounting and its module-based solution.
MIP Fund Accounting implemented its Windows-based software plus add-on modules (Budget, Executive View, Encumbrances, Purchase Order, Data Import/Export), giving Plimoth Patuxet Museums reliable financial accuracy, improved budgeting, and fast custom reporting across multiple funding sources. With MIP Fund Accounting the team can quickly run targeted grant and payroll reports (e.g., COV segment), manage PPP and other loan reporting, and has reduced time spent on reconciliation, auditing and routine reporting.
Laura Reilly
Finance Manager