Is there a difference between church bookkeeping software vs church accounting software? If so, what is it? Accountingtools.com Defines Bookkeeping Bookkeeping: Bookkeeping involves the recordation of basic business transaction in a recordkeeping system. Merriam-Webster Defines Accounting Accounting: The practice and body of knowledge concerned primarily with: 1. Methods for recording transactions2. Keeping financial records3. Performing… ⪼ Continue Reading…
Church Management Software Blog
Using IconCMO+ as Denominational Software
Many denominations require individual churches to report specific information to a regional or national office. The head offices need the ability to generate member, donation, and accounting reports for each individual church as well as the entire organization. The headquarters for the denomination are interested in the statistical tracking of the membership and financial health… ⪼ Continue Reading…
Four Key Elements for Church Donation Software
When churches are looking for church donation software, they should make a list of the specific functionality they want immediately. Additionally, what needs exist in the next 5-10 years for the church donation software? Smaller organizations and church plants may not be ready for online donations however; the availability of this option later is crucial.… ⪼ Continue Reading…
Benefits of a Church Payroll Solution (Part II).
Church Payroll Software Cost and its Benefits One option for churches is to outsource payroll responsibilities. Payroll services typically charge $1 or more per check, with a minimum fee of $10-25 each pay period. Additional fees are often incurred for quarterly reports and W-2 preparation. These fees can amount to a substantial number over time.… ⪼ Continue Reading…
The Secret to Affordable Church Payroll Software! – Part 1
Payroll is one of the most difficult, time consuming, and costly administration tasks churches repeatedly encounter. Churches of all sizes are required to use “fund accounting” as described by the Financial Accounting Standards Board (FASB) guidelines. Fund accounting is a specialized way of accounting designed for nonprofits; if you use this accounting method we recommend… ⪼ Continue Reading…
Use Facebook for Church Member Interaction!
You can use IconCMO for organizing members and groups, donation reporting, fund accounting, and even payroll – why don’t we have a place for church members to interact with each other like other church management systems? This is a common question we get about IconCMO. Churches should use Facebook for church member interaction. Why? For… ⪼ Continue Reading…