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Jay

Church Accounting vs. For Profit Accounting

March 10, 2020 by Jay 1 Comment

church accounting drawing that shows how money flows through a church accounting system starting at donations, and then through to the accounting side funds.

There are major differences between not-for-profit accounting and for-profit accounting. We break this down in several areas in this post. First, we’ll go over an example of for-profit accounting to get our feet wet. Next, we will move on to the not-for-profit, more specifically church accounting. In each section, we will review what questions each… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church accounting software, church leadership, fund accounting, non-profit

Breeze Church Management vs IconCMO Church Software

February 28, 2020 by Jay

IconCMO is a powerful but simple to use software package for any size church. It’s a great alternative to the Breeze Church Management System (ChMS). Read on to see why. This article offers facts and opinions regarding IconCMO and Breeze. We will attempt to show both products in an honest light. We hope you find… ⪼ Continue Reading…

Filed Under: Tech Tagged With: church accounting software, church management software, church membership, church reports, church technology, fasb compliant software, irs compliant software

Church Accounting Software – Is It Important?

February 18, 2020 by Jay 1 Comment

Church accounting software is important. We go over why its important, best practices, pitfalls, requirements, history, and for-profit vs not-for-profit.… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church accounting software, church management software, church payroll, church reports, fasb compliant software, fund accounting, irs compliant software, non-profit

Church Management System Selection

January 21, 2020 by Jay

A sign showing two arrows pointing in a different direction with the word success on one and failure on the other. Depicts our choices we make about church management systems, either ends in failure or success.

Selecting a church management system can be daunting. There are many choices, and not much guidance in the church management software industry.… ⪼ Continue Reading…

Filed Under: Tech Tagged With: church leadership, church management software, church reviews, church technology, donations

Should I use Accrual Based Accounting (AP)?

June 13, 2019 by Jay Leave a Comment

Puzzled businessman and a split blackboard with arrows going in two different ways red and blue side. Correct choice between left and right, failure or success. Difficult decision and doubt concept.

This article post was originally published June 6, 2014. There are 2 types – or methods – of accounting: cash based accounting and accrual based accounting. In this post, we’ll explore the differences and the pros and cons between cash vs. accrual accounting. Cash based accounting – is when an organization writes the check out… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church accounting services, church accounting software, church management software, fund accounting

Church Quarterly Meetings – What Reports do You Need?

May 28, 2019 by Jay 2 Comments

Calculator, pen and glasses on top of reports with 3D pie chart and bar graph

Around this time of year, church boards often have their first quarterly meeting. Usually, the board will want to review the financial aspects of the church. Church accounting systems like CMO offer a great variety of financial reports to review just about anything you could think of. But what are the main reports that treasurers… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church leadership, church management software, church reports, fasb compliant software, irs compliant software

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