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fund accounting

Church Fundraising – 9 Keys to Improvement (Part IV)

May 31, 2018 by Robert Leave a Comment

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 being… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church accounting software, donations, fund accounting, fundraising

9 Keys to Improve Your Church Fundraising – Part III

May 31, 2018 by Robert Leave a Comment

This is the third of our four-part series on successful church fundraising. (See Part I, Part 2, Part 4) The focus of this post is the giving experience. What kind of giving experience – what thoughts, impressions, positives, frustrations – does a donor have when donating to your cause? Giving Experience for the Church Fundraising… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church accounting software, donations, fund accounting, fundraising

9 Keys to Improve Your Church Fundraising – Part II

May 31, 2018 by Robert Leave a Comment

This is the second of our four-part series on successful church fundraising. (See Part I, Part 3, Part 4) For this post, we’ll zoom in on the first principle of fundraising: motivation. How do you convince donors that your project is worth giving to? First, a church organization and its congregation and donors need to… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church accounting software, donations, fund accounting, fundraising

9 Keys to Improve Your Church Fundraising – Part I

May 30, 2018 by Robert Leave a Comment

This is the first of our four-part series on successful church fundraising. (See Part 2, Part 3, Part 4) I don’t recall the speaker’s name or her cause, but I remember the pitch. As I sat in the BJ Haan Auditorium at Dordt College, she made her call to action, to meet her in the… ⪼ Continue Reading…

Filed Under: Finance Tagged With: church accounting software, donations, fund accounting, fundraising

Debits and Credits – Does Debit Mean Minus and Credit Mean Plus?

September 14, 2017 by Connie 1 Comment

Let’s first say that IconCMO can help you with knowing when to use debit or credit during a journal entry. To check out how IconCMO can help — check out a free trial. Most of us have used a debit card. And when we do, the amount of money in our bank account is reduced.… ⪼ Continue Reading…

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

There is no money in Revenue and Expense accounts

August 8, 2017 by Icon Systems 2 Comments

representation of how accounting funds interact with the chart of accounts in reference to churches

That’s right: revenue and expense accounts carry no balance of money. When bookkeepers don’t realize this principle of double entry accounting, it can lead to a lot of problems and frustration. A good church accounting software uses double entry accounting and complies with FASB standards. IconCMO’s fund accounting software does both. Double entry accounting is… ⪼ Continue Reading…

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

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