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fund accounting

We made a bunch of enhancements to Accounts Receivable

September 20, 2016 by Michelle Leave a Comment

Grab your party hat, we have exciting news for you! Over the summer, our developers have been busy enhancing the Accounts Receivable (AR) module in IconCMO. Update: the enhancements are now live! I know the list of enhancements is long, but don’t freak out! There are few big changes, mostly little things here and there… ⪼ Continue Reading…

Filed Under: Updates Tagged With: church accounting software, church technology, fund accounting

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

Blue light- What everybody ought to know

July 14, 2016 by Michelle Leave a Comment

Blue light lightbulb

“Attention Kmart shoppers!” No, we’re not talking about the flashing light that alerts you to special discounts! We are talking about the blue light emitting from fluorescent light bulbs, LED lights, and the screens on our computers, cell phones, TVs, and other devices. Blue light naturally occurs in sunlight and plays a very important role… ⪼ Continue Reading…

Filed Under: Tech Tagged With: church accounting software, church management software, church technology, fund accounting

IconCMO Year-End Processing 2015

November 16, 2015 by Michelle Leave a Comment

  Okay, okay! It’s not time to count down until midnight and sing Auld Lang Syne yet. But it is time to start thinking about wrapping up your church’s financials for the year and getting ready for 2023. UPDATE ———————————- IconCMO went through recent changes in 2022 where year end processing for donations is not needed. The… ⪼ Continue Reading…

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

Church – Having Too Many Checkbooks

July 2, 2015 by Jay 2 Comments

Church Software and multiple checkbooks

 Does your church use multiple checkbooks to track money? Were the accounts opened when a new church purpose was needed? Are you tired of reconciling multiple checkbooks? Why does an organization have so many checkbooks? All of these questions and many more should be answered by any organization that is using more than one checkbook… ⪼ Continue Reading…

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

Cash Flow and How the Church Reacts to it.

May 4, 2015 by Jay Leave a Comment

Most people have heard the phrase “cash is king” and when it comes to church finances and budgeting through the year, churches would probably agree with this statement. After all, does the church really like to borrow money in the summer months just to make payroll, fund a ministry, or keep the lights on in… ⪼ Continue Reading…

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

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