We have partnered with Yearli. The integration will pull W-2 information from IconCMO into Yearli software. After creating a login the user can pull W-2 information from IconCMO via an export and import into Yearli for their W-2 filing. Yearli’s simple user interface will show the user what needs to be corrected before E-Filing
fund accounting
Handling a Large Credit Card Refund
A while back, one of our customers presented us with a scenario involving a large credit card refund that we thought had the makings for some good discussion here on the blog. For purposes of anonymity, we’ll change some of the details while keeping the basic accounting concepts intact. The church’s pastor had been given… ⪼ Continue Reading…
Did you know that IconCMO has published 2 eBooks
Icon systems has published three eBooks for churches that are available to download from our resource page. This e-book was designed to help staff and volunteers understand the importance of recording donations of various different types (eg. non-cash vs. cash). Understanding the various methods of giving can help a church generate income when financial times… ⪼ Continue Reading…
Fund Transfers and Account Transfers, part 2 of 2
In Part One of this series, we learned that a fund transfer represents a reallocation of liquid assets from one fund to another. We also learned about the four main situations in which funds transfer money, and how to record a fund transfer in IconCMO. In Part Two, we turn our attention to account transfers… ⪼ Continue Reading…
Fund Transfers and Account Transfers, part 1 of 2
Fund transfers and account transfers are necessary transactions in any nonprofit organization’s financial activities. It’s important to understand the difference between a fund transfer and an account transfer, and how you can perform them in IconCMO. In this first of our two-part series, we will explore fund transfers. Try our Church Management Software or request a… ⪼ Continue Reading…
Common Church Accounting Mistakes with Checkbooks
There are some common church accounting mistakes made for a variety of reasons. Maybe it is because the software they are using couldn’t handle the various situations that are needed. It could be a church process that was made a long time ago and when questioned — you get the typical answer, “that’s how we… ⪼ Continue Reading…