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church accounting software

Easy Church Fund Accounting Example!

April 15, 2014 by Jay Leave a Comment

church accounting anywhere - at home sipping coffee

Now that we know the differences between funds and chart of accounting, (COA) from part one. And we experimented with a family analogy, in part two, let’s looks at some easy church fund accounting examples. Also, let’s use different names for the funds instead of “the mom fund” and “the dad fund”. Below we will… ⪼ Continue Reading…

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

Separate Funds Make Church Accounting Easy

February 7, 2014 by Jay Leave a Comment

church accounting anywhere - at home sipping coffee

How tagging transactions with funds helps with reporting. As mentioned in part one of this four part series, tagging transactions with “the dad fund’ (DF for short) or ‘the mom fund’ (MF for short) can help with financial reporting. How does this play out using the previous numbers from the for profit scenario and can… ⪼ Continue Reading…

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

Easy Church Accounting — the introduction

December 26, 2013 by Jay Leave a Comment

church accounting anywhere - at home sipping coffee

Church accounting can be easy when the organization knows how it works before diving deep into the set up of any accounting system. This four part series will cover the following: Explanation of Funds, Chart of Account (COA), and double entry accounting. An analogy using a family instead of funds. (Read on for Part One)… ⪼ Continue Reading…

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

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Icon Systems, Inc.
1100 32nd Avenue S, Suite G
Moorhead, MN 56560
Hours: Mon-Thu 8-5, Fri 8-4 CT
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Recent Blog Posts
  • Fund Accounting Software for Churches
  • Church Bookkeeping -- Please Help!
  • Small Church Accounting Software -- Included or NOT?
  • Web Based Church Management Software
  • Church Software Evaluation -- What to Ask
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