Accounting Features

Web-Based Fund Accounting Module

IconCMO fund accounting module offers the necessary tools to help your organization grow and prosper. IconCMO helps organizations of any size track, manage, and report on funds from multiple sources, across multiple periods.

Web-Based Benefits
• Freedom to access your organization’s finances anytime, anywhere
• Multi-user access
• Better security for your financial information
• Automatic backups performed daily

System Modules

General Ledger
• Flexible Chart of Accounts with multi-tier hierarchy
• Instant posting and up-to-date account balances
• Flexible fiscal year start dates
• Manages recurring journal entry batches
• Complete budgeting system

Fund Management
• Manages an unlimited number of funds
• Complete financial reporting by fund and by organization
• Tracks Restricted, Non-Restricted, and Temporary funds
• Manage multiple funds within a single bank account

Accounts Payable
• Manages an unlimited number of vendors
• Pay bills by check or credit card
• Manages any number of credit cards used
• Quick access to unpaid invoices.
• Tracks available discounts and their expiration date

Accounts Receivable
• Manage an unlimited number of customers
• Batch invoicing for use by schools
• Receive payments by cash, check or credit card
• Quick entry of credit memos

Bank System
• Manages an unlimited number of checkbooks
• Bank reconciliation
• Prints checks or post manual checks
• Manages an unlimited number of credit cards
• Credit card reconciliation

User Access and Security
• Unlimited number of users each with a private user name and password
• Complete access control down to the form level
• Access can be no access, read only access or read/write access