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aplos vs. MIP Accounting

True Nonprofit Fund Accounting Without the Overhead

Nonprofit fund accounting that just works, not a system that demands consultants, months of setup, and modules you'll never use. Get clarity without the operational burden.

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65,000+ nonprofit professionals trust Aplos

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Fargo Moorhead Science Museum logoYWCA logoEmbrace mental health logoBig brothers big sisters of central california logoChildren's Advocacy Centers of Washington LogoTheodore Roosevelt Library logoCCF logola catholics logoReading In Motion Logo

Manage your funds, not your software

Built for complex of fund structures

Aplos empowers you to maintain the legal separation between restricted and unrestricted funds, ensuring every transaction lands in the correct fund without manual intervention.

Generate fund-specific financial statements in seconds

Proper fund accounting software enables granular financial reporting by fund, grant, program or department, so you can shine a light on the right data in the right format.

Build an unbreakable audit trail with real-time data

Keep every transaction tagged, categorized, and tracked within its proper fund, creating documentation that demonstrates responsible stewardship without extra work.

MIP Accounting and Aplos frequently asked questions

How do teams know whether Aplos or MIP is the better fit?

It usually comes down to complexity and resourcing. If you have a dedicated finance team and need ERP-level controls, complex multi-entity structures, or heavy government compliance, MIP can be a strong fit. If you want true fund accounting with board-ready reporting, faster time to value, and a system the broader team can actually use day to day (without months of implementation), Aplos is typically the better match.

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What typically prompts teams to consider switching from MIP?

The most common reasons are time and overhead. Teams start looking when implementation or admin work feels heavier than it needs to be, when they’re paying for modules or consulting they rarely use, or when they want a more modern workflow that’s easier for non-finance staff to participate in. For many, it’s less about “MIP is bad” and more about “we don’t need enterprise-level complexity to get confident fund reporting.”

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Does Aplos support true nonprofit fund accounting?

Yes. Aplos supports restricted and unrestricted fund tracking, fund-level reporting, and nonprofit financial statements without relying on workarounds like endless sub-accounts or spreadsheets. It’s built to help nonprofits stay clear on where money can be used and produce reports leadership and boards can actually read.

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What does onboarding look like and how long does it usually take?

MIP implementations often run for months and can require outside consulting. Aplos is typically much faster: most teams are up and running in weeks with guided onboarding for setup, configuration, and training. The goal is to get you to accurate fund tracking and reporting quickly without a long or heavy internal lift.

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What our customers say

“The staff and our board have gained a much better financial literacy and understanding of where we’re at as an organization.”

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Joe H.
Executive Director at Papillion Community Foundation

“The donation management platform is worth it by itself. It's a very crucial part in bringing in money to nonprofits and Aplos allows you to track all of the data.”

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Clayton P.
Vice President at Foster Park Sports

“I only need to spend a couple of hours a month on our financials. Running reports for our meetings and taxes is a breeze.”

Susan F.
Susan F.
Managing Director at State Street

“This product took several things that we were doing separately and put them all together in one place.”

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Lisa A.
Accountant at Teamwork Ministries

“I like that everything is all together in one spot - donor software, accounting, newsletters and online giving forms.”

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Sherry N.
Founder at Rescue Pink

“We are so pleased to find such a user-friendly, all encompassing donor and accounting database!”

Love INC logo
Tyan H.
Development Manager at Love Inc.
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Nonprofit finances that stay clean, clear, and manageable

Fund-level visibility, smoother reconciliation, and reports that don’t require extra spreadsheets.

Fund Accounting

Get Nonprofit Budgeting, Tag Management, and Chart of Accounts built for nonprofits. Organized funds without COA complexity.

Nonprofit Transactions

Stay on top of cash with Checking Register, Bank Reconciliation, AR & AP, and Bank Integration for less manual work and more accuracy.

Financial Reporting

Generate board-ready views with Income Statement, General Ledger, and Tagging for clear fund-level reporting without extra spreadsheets.

Integrate your systems

Backed by real customer reviews

4.6 out of 5 based on 276 reviews from our customers on G2, Capterra, and Software Advice.

Recognized as Top 25 non-profit software products by customers2025 Fund Accounting Software Top Performer badgeCapterra shortlist 2024 badgeGetApp category leaders 2024 badgeSoftware Advice front runners 2024 badge

Try Aplos for free

Aplos includes everything you need to manage your finances, prepare your reports and achieve your mission.

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Free Email & Phone Support
Free Email & Phone Support

Aplos Software is intuitive and easy to use, but it's normal to have questions. Support from our award-winning team is included with every package, and we encourage you to reach out when you need help.

  • Contact support by email, phone, or chat
  • Always talk to a live person instead of a bot
  • Know your needs are understood since many of our team members come from a nonprofit or church world
Live & On-Demand Training

Our experts provide live, ongoing training for all customers so you have real people who will provide knowledgeable advice and tips for best practices.

  • Join weekly live webinars to learn from our experts
  • Find resources in the Support Center to get more in-depth understanding of the software
  • Watch tutorials in the Training Center to learn features and concepts at your own pace
True Fund Accounting

Track designated funds, such as your missions fund, building fund, or grants. Keep your finances accurate and transparent to show your members, supporters, and board that you are stewarding your gifts well.

  • Create a flexible chart of accounts that fits your organization's structure
  • Easily identify your tax-deductible income by purpose
  • Keep track of gifts with donor restrictions to make sure they are used for the correct purposes
  • Ensure you are using donations with time restrictions during the designated time periods
  • Import transactions from your bank to your books
  • Create journal entries for fund transfers and payroll imports
  • Print checks
  • Complete bank reconciliations
  • Track 1099s
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Donation Tracking & Giving Statements
Donation Tracking & Giving Statements

All donations given online are tracked by donor and purpose with zero work required. Tax-deductible gifts are tracked by individuals or households so you can quickly prepare monthly, quarterly, or annual giving statements with a single click.

  • Generate donation reports and customizable giving statements
  • Track in-kind and special gifts
  • Keep track of online and offline donations
  • Quickly import donation batches
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Multi-Factor Authentication
Multi-Factor Authentication

MFA (Multi-Factor Authentication) protects against emerging security threats, empowering your nonprofit to stay ahead of potential risks and safeguard valuable data and your organization's reputation.

  • Generate donation reports and customizable giving statements
  • Track in-kind and special gifts
  • Keep track of online and offline donations
  • Quickly import donation batches
Integrated Online Giving Tools

Create unlimited custom, mobile-friendly giving forms, or add a widget to your website so people can give securely without ever having to leave your site. No coding required.

  • Allow people to use their preferred payment method and control how often they give
  • Offer the option for donors to pay transaction fees
  • Allow donors to specify the purposes of their gifts
  • Easily track online gifts since they flow seamlessly into your accounting
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True Fund Accounting
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Live & On-Demand Training
Merchant Account For Secure Payments

Securely collect donations and other payments using our payment partners. They are fully PCI compliant, use data encryption, and monitor for fraud.

  • Securely accept debit, credit, and ACH bank withdrawals
  • Accept one-time or recurring gifts
  • Directly receive gifts without the need of going through a third party with long delays
  • You must have a U.S. or Canadian bank to accept online payments using Aplos
People & Donor CRM Database

Leverage your dynamic donor database to view the details you need to know about your people, including communication activity, notes, relationships, and giving history all in one place.

  • Use custom fields to track the exact information you need
  • Segment and group people with smart lists to reach the right people
  • View individual profiles as well as households
  • Use the check-in feature to track attendance for kids and adults
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Bank Reconciliation
Secure Donor Portal

Each donor can create a My Aplos account to log in to a secure portal in the online giving platform. From there, donors can:

  • Manage their own giving to your organization
  • View their contribution history
  • Download their giving statements
  • Update their payment information
Letter & Email Builders

Customize templates for your letters and emails. Create and save welcome emails, thank you letters, automated giving statements, pledge reminders, and more.

  • Use dynamic fields for personalization
  • Address letters to individuals or households
  • Create and print mailing labels
  • Automatically log communication records on your contacts' profiles
Website Builder

Share your cause with an easy-to-build website using one of our customizable templates. Get started in just minutes. No coding experience is needed.

  • Engage your supporters with dynamic content, such as photo galleries and recent news
  • Website hosting fees are included in your subscription to Aplos
  • Your website is securely hosted for you and directed to any custom domain you purchase
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Merchant Accounts
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Balance Sheet By Fund
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Customizable Reporting
Customizable Reporting & Dashboards

Slice and dice your financial reporting to see the exact data you need across your organization, including giving reports.

  • Customize necessary reports, such as your Balance Sheet by Fund or Income Statement by Fund
  • Gain insights into your financial health with a fundraising dashboard
  • Create multi-level donation reports to share with your board
  • Quickly and accurately prepare and file Form 990-N and Form 990-EZ returns online

Download our complete pricing & features guide

Accounting, fundraising, and donor management. All part of the Velora suite.

Aplos, Keela, and Raisely are built to work together so your financial data, donor records, and online fundraising stay connected and accurate from the start.

How the Velora suite works together

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Raisely + Aplos: Sync online donations directly into Aplos for accurate fund tracking and effortless reconciliation.

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Keela + Aplos: Keep donor activity and accounting records in sync for clear, compliant reporting.

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All Together: Save time and gain confidence knowing every gift flows seamlessly from donation to ledger.

Make your accounting work for your mission today

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