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Accounting Mistakes: How to Fix Them

October 1, 2019 by Robert Leave a Comment

accounting mistakes without an accounting system for the church finance team

It’s easy to make accounting mistakes. The IconCMO fund accounting system is very flexible and has many options for correcting these mistakes. In this post, we’ll run through different types of common accounting mistakes and the best possible ways to correct them. If you’re looking for more general information on fixing errors in double entry… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church accounting services, church accounting software, cpa, fund accounting

Helpful hints – Protecting the Church’s Benevolence Ministry

October 6, 2014 by Jay Leave a Comment

image resembling a person holding several paper money people interwined with each other

If you haven’t read the first part in this two part series please read it here first. Do a little fact finding – A scenario may be a person asking the church to help them pay a bill like utilities, phone, or gas. It’s appropriate to call a company’s billing department and let them know… ⪼ Continue Reading…

Filed Under: Contributions Tagged With: church accounting software, cpa, fasb compliant software, irs compliant software

3 Tips for Spring Cleaning Your Office Files

May 31, 2013 by Robert Leave a Comment

As you emerge from your office cave into the sunlight of the warm spring days, don’t forget your office could use a good dose of spring cleaning. From your file cabinet to your PC, cleaning and organizing is easy to do. Spending just a few hours cleaning now will prolong the life of your PC… ⪼ Continue Reading…

Filed Under: Tech Tagged With: church payroll, church reports, contribution statements, cpa, donations, fund accounting, non-profit, online security

Important: 2013 Payroll Tax Updates for Churches

January 3, 2013 by Robert Leave a Comment

You may have heard or read about the expiring tax cuts coupled with across-the-board government spending cuts that were due to be effective December 31, 2012. Many dubbed this the “Fiscal Cliff”. Congress let the December 31, 2012 deadline pass without passing legislation that would have averted this economic disaster. However, in early 2013 legislation… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church payroll, cpa, irs compliant software, non-profit

Do you know which accounting method is right for you?

October 4, 2012 by Robert 2 Comments

Back to school: accounting methods videos

When I took accounting in college, one of my fellow students asked the instructor why we had to complete our homework assignments by hand. After all, it is the 21st century; everyone just uses accounting software now! The wise accounting instructor rebutted by explaining that we need to understand how to do accounting with a… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church reports, cpa, fund accounting, irs compliant software

Free E-Book: Fund Accounting for Church Leadership

April 26, 2012 by Robert Leave a Comment

Fund Accounting for Church Leadership

If you’re ready to get serious about your church’s finances, then we have a treat for you! Accounting is an often overlooked section of church management. Many times little or no attention is paid to church financials except during a time of crisis or when there is an upcoming audit. We decided to create an… ⪼ Continue Reading…

Filed Under: Finance Tagged With: cpa, fasb compliant software, fund accounting, non-profit

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