Get the most out of your Abila MIP Fund Accounting Software with our core training class!

MIP Fund Accounting - 2.5 Day Core Training

Date: Tuesday, March 17 - Thursday, March 19, 2020

Time: 9:30am - 4:30pm Tuesday and Wednesday; 9:30am - 1:00pm Thursday

Location: Gaithersburg, Maryland

Register for This Class.


This intensive 2.5 day course focuses on primary financial activities, providing a strong foundation for new customers and a broad understanding for more experienced customers. This course is ideal for accounts payable professionals, staff accountants, and the hands-on Chief Financial Officer. You will learn core features of the General Ledger, Accounts Payable, Bank Reconciliation, Budget, and Reporting modules. Study topics include creating and maintaining chart of account codes, processing and correcting accounts payable and general ledger transactions, creating and monitoring budgets, and reconciling bank accounts. You will also learn how to use the powerful built-in reporting tools to create reports and perform analysis.


By the end of the session, you will be able to:

  • Create chart of account codes
  • Set up and apply time saving code reduction tools
  • Set up vendors and process accounts payable invoices
  • Void check
  • Correct posted and unposted transactions
  • Process disbursement and cash receipt transactions
  • Enter and monitor organization budgets
  • Reconcile cash accounts
  • Create basic and understand different report types-List, Transaction and Analytic
  • Create basic and advanced custom financial statements

This course covers topics related to the following modules:

  • General Ledger
  • Accounts Payable
  • Budget
  • Bank Reconciliation
  • Reporting


Course Level:

Basic Prerequisites: None

Instructional Method: Group Live

Recommended CPE Credits: 20

Two and One Half Day Class


  • ABS Clients – 2.5 days for $900 + 1 manual for $185 (Total $1,085)
  • Non-ABS Clients - 2.5 days for $1,200 + 1 manual for $185 (Total $1,385)

Policies and Payment Procedures:

  1. Payment is due at time of registration.
  2. Cancellations and reschedules must be received via email to
    a. If received at least 10 calendar days prior to the class, you will receive full credit for future use. This credit must be used within 6 months of the originally-scheduled class, otherwise it will be deemed to be fulfilled.
    b. If received 1-9 calendar days prior to the class, you will be charged 50% of the fee and you will receive 50% credit which must be used within 6 months of the originally-scheduled class, otherwise it will be deemed to be fulfilled. Failure to notify before class of a cancellation or reschedule will be treated as a "no-show." 
    c. There will be no refunds and no credits for a "no-show."
  3. At times due to unforeseen circumstances we may need to postpone the class to a different date. We will try to give the organization as much advanced notice as possible. For inclement weather, we will follow the federal government policy for class cancellations.
  4. ABS reserves the right to cancel classroom classes up to two weeks prior to the start of the class for any reason. Accordingly, it is recommended to purchase refundable and changeable airline tickets, hotel reservations, and rental car reservations.


Applied Business Services, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Sign up for a Free Demo to view our award-winning products such as Abila or TRAVERSE software.

Did You Know?

ABS is proud to have many nonprofit clients in the following fields: 

If you belong to one of these groups, please contact us for more information on customized software solutions designed specifically for you!

Upcoming Events

Wednesday, June 10, 2020
1:00pm - 2:30pm


Add value to your accounting software with our product specials and support training.

Supercharge your data with one-click data visualization! 

Click here for more information.

For more information, call 1-800-451-7447 or click here.

For more information, call 1-800-451-7447 or click here.

Custom Modification Service

We also create custom modifications to service your organization's specific needs. For ordering a custom service, please contact us here.
Or call 800-451-7447