Church software for ministry & finances. Simple to use. Power to grow.
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…
photo credit: 401kcalculator.org
Did you know that you can create a batch of recurring transactions? After a recent focus meeting, we’ve discovered that many organizations using IconCMO are unaware of this feature.
It’s a handy tool that can save you a lot of time. Here’s how it works:
Any batch prefixed with ‘EFT’ (meaning Electronic ⪼ Continue Reading…
Photo Credit: dantaylr
This article about quarterly meetings was originally published March 9, 2013.
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 ⪼ Continue Reading…
Cyber Crime | Pixabay
BEC attacks are one of the fastest growing cyber crimes and have cost some organizations millions of dollars. So, it’s important that staff at your church know how these attacks work and how they can be prevented.
The BEC stands for Business Email Compromise. In this type of cyber attack, a ⪼ Continue Reading…
“welcome” by chrisinplymouth is licensed under CC BY-NC-SA 2.0
A common concern of churches is how to effectively track church visitors and take every appropriate step to make sure those visitors feel welcome and can find answers to their questions.
IconCMO’s record keeping features and filters and its powerful groups module can give churches many ⪼ Continue Reading…
This is the fourth of our four-part series on successful church fundraising. (See Part I, Part 2, Part 3)
Look back at Prof. Sargeant’s surveys (sourced from the this periodical). Two of the main reasons people gave for leaving a charity were a) the charity didn’t make clear to them how the donations were ⪼ Continue Reading…
