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 payroll
Coronavirus Resources for Your Church
These are unprecedented times that the world is living in. While there has been past pandemics and we have learned from each one, there have been none quite like this. In the coming weeks, maybe months, churches are going to have to drastically change the way they do things. In fact everyone will have to… ⪼ 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…
7 Ways to Get Help with IconCMO– Church Software Resources
Icon Systems has a lot of church software resources available to help you navigate IconCMO and learn how to accomplish your daily tasks within the system. Here’s a list of complementary resources included with your subscription to IconCMO and the top 7 ways. When logged into your IconCMO account—in the upper right hand corner you… ⪼ Continue Reading…
Church Software User Security – Do’s & Don’ts
Internal security is just as important as external security. In other words, there is no sense locking the building doors (external security), if you don’t take church software user security (internal security) seriously. If you want to protect your church’s information, you will have to be diligent. For example you want to be careful about… ⪼ Continue Reading…
Debits and Credits – Does Debit Mean Minus and Credit Mean Plus?
Let’s first say that IconCMO can help you with knowing when to use debit or credit during a journal entry. To check out how IconCMO can help — check out a free trial. Most of us have used a debit card. And when we do, the amount of money in our bank account is reduced.… ⪼ Continue Reading…