Church Payroll Software Cost and its Benefits One option for churches is to outsource payroll responsibilities. Payroll services typically charge $1 or more per check, with a minimum fee of $10-25 each pay period. Additional fees are often incurred for quarterly reports and W-2 preparation. These fees can amount to a substantial number over time.… ⪼ Continue Reading…
fasb compliant software
The Secret to Affordable Church Payroll Software! – Part 1
Payroll is one of the most difficult, time consuming, and costly administration tasks churches repeatedly encounter. Churches of all sizes are required to use “fund accounting” as described by the Financial Accounting Standards Board (FASB) guidelines. Fund accounting is a specialized way of accounting designed for nonprofits; if you use this accounting method we recommend… ⪼ Continue Reading…
Use Facebook for Church Member Interaction!
You can use IconCMO for organizing members and groups, donation reporting, fund accounting, and even payroll – why don’t we have a place for church members to interact with each other like other church management systems? This is a common question we get about IconCMO. Churches should use Facebook for church member interaction. Why? For… ⪼ Continue Reading…
7 Steps to Maintaining your Church Tax Exempt Status
Jean Hemphill, Esq. did a wonderful write up of what to look for in church software. Below is just a summary of some of the information you will find. Know what regulations pertain to churches and what organization creates them. Filing the right paperwork quarterly and annually. Ensure staff is properly paid as per the… ⪼ Continue Reading…
Why Church Accounting is Important
At Icon Systems we are always looking out for our clients and wanted to pass this information on to you. Does your current software provide the right financial reports for the IRS? Ask the 3,000 organizations in Orange County, CA that lost their tax exempt status and it came down to not filing their financial… ⪼ Continue Reading…
Our Second Interview with Icon Systems For Mobile Technology
A few months ago ChurchAccountingSoftwareGuide.com posted an interview with Icon Systems addressing some common questions about church software compliance with fund accounting standards and regulations. The Church Accounting Software Guide recently posted another interview with Icon Systems discussing benefits of mobile technology as well as how the use of tablets (such as the iPad) can… ⪼ Continue Reading…