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church reports

But I haven’t Spent my Budget (p3)

January 26, 2017 by Jay Leave a Comment

If you haven’t read the first part or second part of this series please take a moment to read them. Assumption #4 – we can use last years numbers and just increase/decrease them a little, commonly called an incremental budget. The interesting thing is that many churches do this type of budget. While it may… ⪼ Continue Reading…

Filed Under: Finance Tagged With: budget, church accounting software, church reports

But I haven’t Spent my Church Budget (p2)

January 19, 2017 by Jay 1 Comment

Here’s the second part of a three-part series. If you haven’t read the first part of this series please read it here. Budgets work on assumptions, whereas financial statements work on actuals – what really happened to the money. Let’s look at some assumptions below that arise when ministries say they still have money in… ⪼ Continue Reading…

Filed Under: Finance Tagged With: budget, church accounting software, church reports

But I haven’t Spent my Budget (part 1)

January 12, 2017 by Jay 3 Comments

How many times have church leadership heard a similar phrase to, ‘But I haven’t spent my budget’, when discussing ministry finances? In working with churches and their accounting systems, which involves budgeting, I see a lot of focus around budgets instead of the standard financial accounting reports approved by FASB (Financial Accounting Standard Board). While… ⪼ Continue Reading…

Filed Under: Finance Tagged With: budget, church accounting software, church reports

Archiving Church Members in IconCMO

September 19, 2016 by Connie 6 Comments

Archiving is a great way to keep your database clean and your household count low for billing. Changing an individual’s status to ‘delete’, ‘remove’, or ‘archive’ does not archive them. Instead, a simple process can be executed to archive records in IconCMO. Both household records and individual records alike can be archived. Although you can archive… ⪼ Continue Reading…

Filed Under: People Tagged With: church management software, church membership, church reports, contribution statements

What Are Pass-Through Accounts?

July 25, 2016 by Connie 1 Comment

hourglass showing sand going into the bottom indicating the releasing multiple enhancements for our church software

Pass-through accounts are established when a church collects money on behalf of an organization or event and does not want to record the money as income.  These accounts are set up as liabilities instead of revenue accounts since the money will only pass-through the church to another organization. Follow the instructions below to create liability… ⪼ Continue Reading…

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

What to do when two members of the church get married

July 18, 2016 by Icon Systems Leave a Comment

You know how to add a new member into IconCMO. But what happens when two members of the church get married? You already have both of them in your membership database, so you need to merge the two records together. And what happens if they’ve given donations? Let’s say John Anderson and Mary Smith got married on… ⪼ Continue Reading…

Filed Under: People Tagged With: church management software, church membership, church reports, contribution statements

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