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Liberty Accounts vs MIP Accounting

Both stand on fund accounting software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

Liberty Accounts

Free trial Web

Liberty Accounts combines accounting, payroll, and charity-specific tools for UK organizations. Check the VAT, transaction surcharge, storage allowance, and trial terms before choosing a plan.

Visit Liberty Accounts

MIP Accounting

Paid WebWindows

MIP Accounting focuses on fund-based financial management, reporting, budgeting, and controls for nonprofit and governmental organizations. Its integrations and audit features are broad, while pricing and deployment details require direct evaluation.

Visit MIP Accounting

The facts

Liberty AccountsMIP Accounting
Free planA free trialNo
Open sourceNoNot published
Runs onWebWeb, Windows
Lowest paid planWelcome pricing: £14.95 a monthFree or on request
Plans published11
MakerLiberty AccountsNot published
Websitelibertyaccounts.commomentivesoftware.com
On fund accounting software#26 of 70#46 of 70

Liberty Accounts: what it does well

  • Includes accounting, payroll, and bank reconciliation.
  • Charity tools include Gift Aid filing and fund handling.
  • Unlimited users are included in the Welcome plan.
  • Accountants can manage multiple clients from one logon.
  • Data is stated to be held exclusively in the UK.

What to know first

  • No free plan is listed.
  • More than 500 monthly transactions incur a surcharge.
  • Welcome plan includes 1 GB of document storage before excess charges.
  • Trial page and terms give different durations.

MIP Accounting: what it does well

  • Tracks restricted funds, grants, and programs
  • Real-time budget-to-actual comparisons
  • More than 150 built-in reports
  • Automates approvals and recurring entries
  • Integrates with payroll, Bill.com, and Ramp

What to know first

  • Pricing requires a custom quote
  • MIP Cloud does not support macOS
  • Mac access requires Microsoft Remote Desktop
  • Hybrid deployment includes separate on-premise requirements

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