Understanding the difference between a Household and an Individual is important and is defined as follows: Definition of a Household: A Household is a physical location where people reside and the name of the household represents the adults that are responsible for the location. It does not represent an individual. Definition of an Individual: An… ⪼ Continue Reading…
Do you know how to spot a tech support scam?
According to Wikipedia, a technical support scam (often abbreviated tech support scam) refers to a class of telephone fraud activities, in which a scammer claims to offer a legitimate technical support service, often via cold calls to unsuspecting users. Such cold calls are mostly targeted at Microsoft Windows users, with the caller often claiming to represent a… ⪼ Continue Reading…
How to Budget a Church Mortgage Payment
A church budget is important to most church organizations and is a highly-utilized feature in IconCMO. However, budgets can only be set for revenue and expense accounts, which can pose a problem if you want to budget for a liability account such as a mortgage. For example, a typical Mortgage Payment of $1,000 looks like this:… ⪼ Continue Reading…
What to do when two members of the church get married
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…
Merry Christmas From IconCMO. Office Closed
Merry Christmas from the IconCMO Staff. We hope you have a safe and happy Christmas!! In observance of Christmas Icon Systems will be closing at 12:00 on the 24th and will resume normal business hours Friday the 26th. Go and spend time with your families!
Handling a Large Credit Card Refund
A while back, one of our customers presented us with a scenario involving a large credit card refund that we thought had the makings for some good discussion here on the blog. For purposes of anonymity, we’ll change some of the details while keeping the basic accounting concepts intact. The church’s pastor had been given… ⪼ Continue Reading…