Churches can show their gratitude to donors when church staffers do all they can to help donors report their donations to the IRS as tax deductions. This is typically in the form of the donation statement or donor receipt. The best way a church can help in this process is to give end-of-year donation statements… ⪼ Continue Reading…
Contributions
Free E-Book: Recording and Increasing Church Donations.
This e-book was designed to help staff and volunteers understand the importance of recording donations of various different types (eg. non-cash vs. cash). Understanding the various methods of giving can help a church generate income when financial times are tough and provide donors the right documentation for their tax returns. Additionally, it helps the church… ⪼ Continue Reading…
Announcing Paperless Transaction Check Scanning
Churches always appreciate donations via checks. But processing checks can be a painstaking job that costs money and a lot of time. And it’s easy to make mistakes while processing checks. We can help. Icon Systems, Inc. has partnered with Paperless Transaction Corporation to provide churches with a check scanning solution commonly called Remote Data Capture (RDC). Paperless Transactions… ⪼ Continue Reading…
IconCMO Introduces a Check Scanning Solution
Churches always appreciate donations. But processing checks can be a painstaking job that costs money and a lot of time. Plus, it’s easy to make mistakes while processing checks. We can help. Icon Systems Inc. has partnered with Paperless Transaction Corporation to provide churches with a check scanning solution commonly called Remote Data Capture (RDC).… ⪼ Continue Reading…
Increasing Online Donations — Don’t Miss Out!
When donating, a person should never expect anything in return; however, many nonprofits are missing out on future donations by failing to give any feedback to donors. A simple thank you (email, newsletter, personalized note, postcard) goes a long way with donors. Traditional giving (eg. offline via a check) has long been the standard and… ⪼ Continue Reading…
What you can learn about Fund Accounting from Garth Brooks
Earlier this year, CBS News reported that Garth Brooks filed a lawsuit against a hospital in Oklahoma. Both sides had a different story to tell: The hospital claimed the donation was anonymous and unrestricted. Brooks claimed the donation was solicited by the hospital so they could build a women’s center named after his late mother.… ⪼ Continue Reading…