Sage MIP Operations
Sage MIP Fund Operations
Maintain comprehensive grant profiles and monitor budget positions to ensure grant funds are fully used within Sage MIP Fund Accounting's Operations modules. The modules work together seamlessly, to ensure that your process functions smoothly and efficiently.
Click on the modules below for more information:
Sage MIP Fund Operations Modules Tab
Sales Order Entry
The Sales Order Entry module is an easy to use, flexible system that lets you produce quotes, process and fulfill orders, create GAAP-compliant revenue management transactions for sales of inventory and non inventory items while providing powerful reporting for a comprehensive view of your entire sales process.
Key Functionality:
- Automatically generate Accounts Receivable invoices for customers who order on account
- Use one simple form to easily process orders for both inventory and non-inventory items
- Create Quotes in the same sales order entry form with ability to easily convert to an order
- Track and report on customer returns for analysis of your sales process
Purchase Orders
The Purchase Orders module combines easy-to-use purchase order entry with strong reporting to offer a complete purchase order software solution.
Key Functionality:
- With purchase order software, use Item Codes to speed purchase order entry—Item codes facilitate the storage of item descriptions, standard quantities, pricing, and account coding
- Print a single purchase order on-the-fly or process multiple orders simultaneously as a batch job
- Verify coding and check for available budget
- Ensure audit controls with full receiving functionality to prevent possible payment for items not actually received
- Assign buyers, track delivery dates, intended item recipients, requisition authorizing purchases, and more
Inventory Control
The Inventory Control module allows Sage MIP Fund Accounting users to manage perpetual inventory in a true fund accounting environment. This fully integrated module allows users to comply with GAAP while streamlining operations and reporting related to inventories whether they are products held for resale or supplies purchased for later consumption.
Key Functionality:
- Choose from multiple valuation methods available for each inventory item
- Track and manage inventory levels—automated receiving, returns, manual adjustments, and other timesaving features separation of duties with separate receiving entry controls or provide receiving security at invoice entry to for smaller organizations
- Easily check "Up to the minute" item availability at Purchase Order entry with Item Availability tool
- Utilize powerful inquiry tools for detail item activity detail with drill down capability to source transactions
- New comprehensive inventory reports give you detailed visibility into your inventory positions and activities
Electronic Requisitions
The module for electronic purchase requisition offers purchase request entry and approval, plus a tracking system that is both powerful and easy to use.
Key Functionality:
- One-click Budget Checking tool lets you easily review the budget impact of the current request
- Speed request entry by using Stored Item Codes to facilitate the storage of item descriptions, standard quantities, pricing, and account coding for quick recall
- Automatically receive e-mail notifications when your purchase requisition is approved or for pending approvals
- Run comprehensive reports and optionally customize your own, including purchase requisition registers, purchase requisition history, and budget analysis selections
