It’s easy to make accounting mistakes. The IconCMO fund accounting system is very flexible and has many options for correcting these mistakes. In this post, we’ll run through different types of common accounting mistakes and the best possible ways to correct them. If you’re looking for more general information on fixing errors in double entry… ⪼ Continue Reading…
cpa
Helpful hints – Protecting the Church’s Benevolence Ministry
If you haven’t read the first part in this two part series please read it here first. Do a little fact finding – A scenario may be a person asking the church to help them pay a bill like utilities, phone, or gas. It’s appropriate to call a company’s billing department and let them know… ⪼ Continue Reading…
3 Tips for Spring Cleaning Your Office Files
As you emerge from your office cave into the sunlight of the warm spring days, don’t forget your office could use a good dose of spring cleaning. From your file cabinet to your PC, cleaning and organizing is easy to do. Spending just a few hours cleaning now will prolong the life of your PC… ⪼ Continue Reading…
Important: 2013 Payroll Tax Updates for Churches
You may have heard or read about the expiring tax cuts coupled with across-the-board government spending cuts that were due to be effective December 31, 2012. Many dubbed this the “Fiscal Cliff”. Congress let the December 31, 2012 deadline pass without passing legislation that would have averted this economic disaster. However, in early 2013 legislation… ⪼ Continue Reading…
Do you know which accounting method is right for you?
When I took accounting in college, one of my fellow students asked the instructor why we had to complete our homework assignments by hand. After all, it is the 21st century; everyone just uses accounting software now! The wise accounting instructor rebutted by explaining that we need to understand how to do accounting with a… ⪼ Continue Reading…
Free E-Book: Fund Accounting for Church Leadership
If you’re ready to get serious about your church’s finances, then we have a treat for you! Accounting is an often overlooked section of church management. Many times little or no attention is paid to church financials except during a time of crisis or when there is an upcoming audit. We decided to create an… ⪼ Continue Reading…