Fund Accounting Financial Management Features
Complete Budgeting
Create a church budget for each fund to manage revenues and expenses effortlessly. Compare the actual revenue and expenses to the budget.
FASB Compliance
Reports are are based on fund accounting and comply with the Financial Accounting Standards Board reporting standards No. 958.
Quickly Make Changes
Reclassify an expense, adjust a budget or fund assignment during a church council meeting, and run updated reports for everyone.
Banking
Write checks, make deposits, and reconcile checkbook activity for organizations that use a cash-based church accounting method.
Certified
IconCMO was reviewed by a TOP 25 national CPA firm and received an excellent rating for security and adherence to accounting standards for churches.
Accounts Payable
Create a list of vendors and enter invoices so you can easily view and pay bills for churches that use accrual-based church accounting.
Checkbook Management
Manage multiple funds within a single bank account and track credit card expenses by fund.
Reports By Fund
Do church accounting software the right way with complete financial reporting organized by fund including balance sheets as well as revenue and expense reports.
Accounts Receivable
Manage an unlimited number of customers by creating invoices, recording payments, and printing deposit slips.
Fiscal Year
Use a fiscal year other than the calendar year.
