The following is an example of how a PPP loan could be received and processed by a church using IconCMO’s full-fund accounting system. Sample: PPP Loan for $100,000. For this client, all transactions will still come out of the main checking account using the General Fund and qualifying expenses will be reimbursed with the PPP… ⪼ Continue Reading…
church management software
IconCMO Has NEW Text Messaging
Send mass texts to your congregation or groups and keep everyone informed. We’re excited to announce that IconCMO now has the ability to send direct text messages to members of your congregation. Have you ever had a last-minute change in plans and had to let a lot of people know fast? A mass email would… ⪼ Continue Reading…
Fund Accounting Definition – Churches & Not For Profits
The official definition of fund accounting is described as “(1) an accounting system for recording resources whose use has been limited by the donor, grant authority, governing agency, or other individuals or organisations or by law. (2) It emphasizes accountability, rather than profitability, and is used by Nonprofit organizations and by governments. In this method,… ⪼ Continue Reading…
Online Giving for Churches with Canceled Services
With church services canceled due to COVID-19, many churches are struggling to bring in enough revenue to keep running. Especially churches that rely heavily on checks and cash in the Sunday collection plate. These churches need more giving options. The current season of closed doors and social distancing has made it clearer than ever: churches… ⪼ Continue Reading…
Breeze Church Management vs IconCMO Church Software
IconCMO is a powerful but simple to use software package for any size church. It’s a great alternative to the Breeze Church Management System (ChMS). Read on to see why. This article offers facts and opinions regarding IconCMO and Breeze. We will attempt to show both products in an honest light. We hope you find… ⪼ Continue Reading…
Church Accounting Software – Is It Important?
Church accounting software is important. We go over why its important, best practices, pitfalls, requirements, history, and for-profit vs not-for-profit.… ⪼ Continue Reading…