IconCMO Fund Accounting Overview of Reviews & Product Details - 2025
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IconCMO Fund Accounting
74%
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IconCMO Fund Accounting

74%

IconCMO Fund Accounting is a web-based software tailored for churches and nonprofits, offering robust tools for tracking, managing, and reporting funds across multiple periods. It includes modules for general ledger, fund management, accounts payable/receivable, and budgeting while ensuring multi-user access, strong data security, and automatic backups. Designed for ease of use, it provides essential financial insights and streamlines church-specific accounting needs. Well-regarded for its excellent customer service, it simplifies fund accounting processes for organizations of all sizes.

Overview

Explore IconCMO Fund Accounting

Streamline Church Finances with IconCMO Fund Accounting – The Ideal Solution for Churches & Nonprofits

IconCMO Fund Accounting is specifically designed to meet the financial management needs of churches and nonprofit organizations. Tailored for effective and...

Streamline Church Finances with IconCMO Fund Accounting – The Ideal Solution for Churches & Nonprofits

IconCMO Fund Accounting is specifically designed to meet the financial management needs of churches and nonprofit organizations. Tailored for effective and transparent fund accounting, it supports organizations of all sizes by simplifying complex financial operations.

Why Use IconCMO Fund Accounting?

This platform stands out for its:

  • Advanced Fund Management: Track, allocate, and manage funds across multiple sources effortlessly, adhering to nonprofit-specific financial requirements. IconCMO ensures funds are appropriately tracked and used for their designated purposes.
  • Comprehensive Modules: Includes robust tools for general ledger, accounts payable and receivable, fund activity, payroll, bank reconciliation, and user access controls, ensuring complete oversight of your church’s finances.
  • Web-Based Flexibility: Access your financial data anytime, anywhere. The platform supports multiple users, provides enhanced data security, and performs automatic daily backups to safeguard sensitive information.
  • Seamless Contribution and Accounting Integration: Efficiently link contribution tracking with financial accounting, enabling accurate financial reporting and reducing manual data entry.
  • User-Friendly Design: Built with simplicity in mind, even users with minimal accounting experience can navigate the system with ease.
  • Committed Support: IconCMO’s exceptional customer service ensures users receive prompt assistance and step-by-step guidance for any operational challenges.

Who is IconCMO For?

IconCMO caters to:

  • Church Administrators: Manage financial records, contributions, payroll, and membership seamlessly in one unified system.
  • Nonprofits: Optimize fund allocation, manage restricted grants, and produce accurate reports to maintain transparency and accountability.
  • Volunteers or Part-Time Staff: The intuitive interface enables individuals with limited accounting knowledge to handle tasks proficiently.
  • Leadership Teams: Real-time visibility into financial health allows boards or committees to make informed financial decisions.

In conclusion, IconCMO Fund Accounting is a web-based, reliable, and user-focused solution offering unparalleled ease, security, and versatility for church and nonprofit financial management. Whether you’re managing contributions, crafting budgets, or generating reports, IconCMO empowers you with all the tools to ensure financial excellence while dedicating more time to your organization’s mission.

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Review

IconCMO Fund Accounting Satisfaction and Score

IconCMO Fund Accounting Score and Review

See IconCMO Fund Accounting pros cons, the conclusions and the subscribed score

74% Subscribed Score
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Pricing

IconCMO Fund Accounting Pricing and Features

IconCMO Fund Accounting Pricing

See IconCMO Fund Accounting pricing and features for each package

$36-$153/Month
Experience

IconCMO Fund Accounting Product Experience

IconCMO Fund Accounting
IconCMO Fund Accounting
Cancellation

Steps to Cancel IconCMO Fund Accounting Subscription

IconCMO Fund Accounting Pricing

To cancel an IconCMO Fund Accounting product, follow these steps:

  • Contact Icon Systems support via phone or email to initiate the cancellation process.
  • Provide necessary account and cancellation details.
  • Confirm the cancellation, noting that some data may remain accessible for historical purposes but will no longer be editable.
  • Ensure any outstanding payments are settled according to the agreement.

Review the terms of your contract for specific procedures and any potential fees.

FAQ

Most frequent question about IconCMO Fund Accounting

What is fund accounting in the context of IconCMO, and how does it benefit churches?

Fund accounting in IconCMO allows churches to manage and report finances by separate funds, each with its own assets, liabilities, income, and expenses. This provides detailed financial statements for each mission or purpose, such as the General Fund, Building Fund, or Youth Fund, ensuring accountability and transparency.

Is IconCMO compliant with financial reporting standards, and what certifications does it hold?

IconCMO is FASB compliant, adhering to the Financial Accounting Standards Board reporting standards No. 958. It was also reviewed by a TOP 25 national CPA firm and received an excellent rating for security and adherence to accounting standards for churches.

What features does IconCMO offer for managing church finances and payroll?

IconCMO offers features such as complete financial reporting organized by fund, budgeting for each fund, accounts payable and receivable, payroll management with automatic tax calculations, and the ability to e-file W-2s. It also allows for managing multiple funds within a single bank account and tracking credit card expenses by fund.

How does IconCMO support donation management and reporting?

IconCMO allows churches to create and manage various funds for donations, print donor statements, manage pledges, and link donation batches to the fund accounting system. It also supports electronic donor statements and retains unlimited contribution records for historical purposes.

What kind of support and training does IconCMO provide to its users?

IconCMO offers easy-to-follow setup guides, on-demand video training, unlimited technical support, and 24/7 support forum access. Users can directly contact the support team without navigating complicated phone menus.

Alternatives

Try these alternatives of IconCMO Fund Accounting

Xero is a cloud-based accounting software designed for small businesses. With features like invoicing, expense tracking, and financial reporting, it simplifies financial management, providing accurate insights to drive business success.

Empower your business with QuickBooks– the leading cloud-based accounting solution. Streamline financial tasks, manage expenses, and gain real-time insights. Effortless, efficient, and tailored for your success.