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Church Management Software Blog

Fund Transfers and Account Transfers, part 2 of 2

June 27, 2014 by Jay Leave a Comment

A man's hand handing one hundred dollar bills to a woman's hand.

In Part One of this series, we learned that a fund transfer represents a reallocation of liquid assets from one fund to another. We also learned about the four main situations in which funds transfer money, and how to record a fund transfer in IconCMO. In Part Two, we turn our attention to account transfers… ⪼ Continue Reading…

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

Favorite Recipes from the Icon Team Part 1

June 20, 2014 by Icon Systems Leave a Comment

Josh’s Bacon chili 1 pound thick sliced bacon 2-3  pound  ground beef 2 packages of fresh sliced baby bella mushrooms 1 large sweet onion chopped 1 to 1 1/2 green pepper chopped 3 cloves garlic or garlic powder for taste (if using fresh garlic mince it) 3 cans petite diced tomatoes 1 can chili beans… ⪼ Continue Reading…

Filed Under: People Tagged With: company announcements

Fund Transfers and Account Transfers, part 1 of 2

June 17, 2014 by Jay 1 Comment

A man's hand handing one hundred dollar bills to a woman's hand.

Fund transfers and account transfers are necessary transactions in any nonprofit organization’s financial activities.  It’s important to understand the difference between a fund transfer and an account transfer, and how you can perform them in IconCMO. In this first of our two-part series, we will explore fund transfers. Try our Church Management Software or request a… ⪼ Continue Reading…

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

How to add photos for a picture directory

June 12, 2014 by Icon Systems Leave a Comment

Family picture for import into photo directory

Adding photos to your IconCMO database to produce a picture directory is fairly easy. However, there are some details worth keeping in mind. The “Picture Directory” report is found under People : Households : Reports. This directory report uses household images that were loaded under People : Households : Pictures for inclusion in the directory.… ⪼ Continue Reading…

Filed Under: Tech Tagged With: church directory, church management software, church reports

Cash or Accrual Based Accounting?

June 6, 2014 by Jay 1 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.

Should a church use cash or accrual based accounting? The short answer is it depends on multiple factors if a church should use cash or accrual based accounting. For more information on fund accounting. Let’s first explain the difference by their accounting definition: Cash based accounting – is when an organization writes the check out… ⪼ Continue Reading…

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

Summer months are here!!!! Take a break!

May 30, 2014 by Icon Systems Leave a Comment

Here in the upper Midwest the summer months are too precious of a thing to waste. Here are some activities the staff at Icon recommend: 1.  Take in a ball game 2.  Plant a Garden 3.  Go to the Lake 4.  Hang out by the pool 5.  Have a Picnic We would love to hear… ⪼ Continue Reading…

Filed Under: People Tagged With: church leadership, church management software, company announcements

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