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 reports
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…
Church Quarterly Meetings – What Reports do You Need?
Around this time of year, church boards often have their first quarterly meeting. Usually, the board will want to review the financial aspects of the church. Church accounting systems like CMO offer a great variety of financial reports to review just about anything you could think of. But what are the main reports that treasurers… ⪼ Continue Reading…
Donations for Flood Relief – How to Record it
Events like Hurricane Harvey and the flooding in Texas remind us of how fragile and unpredictable life can be. We see, or even personally know, people and families who are suffering intensely as their lives are turned upside down. Receiving donations for flood relief and recording them properly is necessary to ensure donors have the… ⪼ Continue Reading…
There is no money in Revenue and Expense accounts
That’s right: revenue and expense accounts carry no balance of money. When bookkeepers don’t realize this principle of double entry accounting, it can lead to a lot of problems and frustration. A good church accounting software uses double entry accounting and complies with FASB standards. IconCMO’s fund accounting software does both. Double entry accounting is… ⪼ Continue Reading…
Press Release: Special update for Canadian churches
MOORHEAD, MN–(Marketwired – April 25, 2017) – Icon Systems announced its IconCMO church management software is now compliant with Canadian Revenue Agency (CRA) requirements for charitable donation receipts. The update, which was released last week, features a special donation statement format that includes: Name and address of the charity Unique serial/receipt number Registration number Electronic… ⪼ Continue Reading…