What does it take to be the best church management software? I’m glad you asked. The short answer is – a lot! Some software companies will stick to one or two things and do them very well. Other companies will try to do everything with all the bells and whistles, however, the overall feel is… ⪼ Continue Reading…
About Icon Systems
Chart of Accounts – Equity Accounts As Funds – Part 3
In case you missed the other parts here they are. In this first part we will cover what normal balances are and the various sections of the chart of accounts. The second part goes over the chart of accounts order- its numbering, how the order of accounts translates to reports, some do’s and don’ts, and… ⪼ Continue Reading…
Is QuickBooks Safeguarding Your Payroll Data or Selling It?
QuickBooks is going to start sending payroll data to consumer credit agencies like Equifax, which has already amassed 300 million current and historic payroll records. This QuickBooks’ policy change will take effect later on this year unless organizations ‘opt-out’ by July 31st. It was nice of them to give companies 30 days to ‘opt-out’ of… ⪼ Continue Reading…
A Church Chart of Accounts Explanation – Part 2
This is the second of a three-part series. In this blog we’re going to review the order of the chart of accounts, account numbering, how the order of accounts translates to reports, some do’s and don’ts, and finally the two main methods of accounting – accrual and cash-based. In the third article, we’ll review why… ⪼ Continue Reading…
Quickbooks For Church Accounting
When choosing a church accounting package, the first question that should be asked of any package is — does it obey the Financial Accounting Standard Boards (FASB) Topic 958 and other rules set forth by GAAP and the IRS? If the software doesn’t enforce strict guidelines to follow these rules, then it really doesn’t matter… ⪼ Continue Reading…
Reopening Churches After COVID-19
As summer time approaches for churches in the US, there are mixed emotions of happiness, sadness, and everything in between. Churches reopening for worship is a big news story as many states are working towards reopening. Some of the options states have given are allowing church buildings to be filled to a certain capacity, open… ⪼ Continue Reading…