--- title: IconCMO Fund Accounting Reviews meta_title: 'IconCMO Fund Accounting Reviews 2026: Details, Pricing, & Features | G2' meta_description: Filter reviews by the users' company size, role or industry to find out how IconCMO Fund Accounting works for a business like yours. date_modified: '2026-07-28' parent_category: name: Church url: https://www.g2.com/categories/church --- # IconCMO Fund Accounting Reviews **Vendor:** Icon Systems **Category:** [Church Management Software](https://www.g2.com/categories/church-management) ## About IconCMO Fund Accounting IconCMO Fund Accounting is a comprehensive, web-based financial management system tailored specifically for churches and nonprofit organizations. It adheres to the Financial Accounting Standards Board (FASB) reporting standards No. 958, ensuring compliance with nonprofit accounting principles. The system emphasizes accountability over profitability, allowing organizations to track financial transactions across multiple funds, each with its own self-balancing set of accounts. This structure enables churches to manage designated and undesignated funds effectively, ensuring that resources are allocated and reported according to donor intentions and organizational needs. Key features of IconCMO Fund Accounting include complete fund budgeting, allowing users to create and manage budgets for each fund, and compare actual revenues and expenses against budgeted amounts. The system supports both cash-based and accrual-based accounting methods, providing flexibility to align with an organization's financial policies. Users can perform essential banking functions such as writing checks, making deposits, and reconciling checkbook activity. The accounts payable module enables the creation of vendor lists, entry of invoices, and efficient bill payments. Additionally, the system offers accounts receivable capabilities, allowing management of an unlimited number of customers through invoice creation, payment recording, and deposit slip printing. IconCMO Fund Accounting also provides robust reporting tools, generating FASB-compliant financial statements like the Statement of Financial Position and Statement of Activities. These reports can be produced for individual funds or consolidated for the entire organization, offering transparency and insight into financial health. The system's design ensures that all financial data is secure, with automatic upgrades and nightly backups, providing peace of mind for users. Overall, IconCMO Fund Accounting delivers a user-friendly and powerful solution for churches and nonprofits to manage their finances with integrity and efficiency. - [View IconCMO Fund Accounting pricing details and edition comparison](https://www.g2.com/products/iconcmo-fund-accounting/reviews?open_modal_url=%2Fproducts%2Ficoncmo-fund-accounting%2Fwishlists%3Fhost_path%3D%252Fproducts%252Ficoncmo-fund-accounting%252Freviews%26source%3Dpdp_avatar§ion=pricing&secure%5Bexpires_at%5D=2026-08-12+12%3A54%3A56+-0500&secure%5Bsession_id%5D=2735d3e8-10db-4c34-a4f9-3e9a874f6250&secure%5Btoken%5D=357b545828bc65476e47635f8332b8169c3e56580ddcc7e76e1a81a1a95e0f53&format=llm_user) ## IconCMO Fund Accounting Features **Additional Functionality** - Activity Tracking - Social Marketing - Generative AI - Accounting - Customizable Reports - CRM - Customizable Forms - Fund Accounting - Forms Management - Real-Time Analytics - Member Database - Alerts/Notifications - Communication Management - Customizable Templates - Budgeting/Forecasting - Mobile Access - Event Scheduling - Donor Management - Attendance Management - Activity Dashboard - Reporting & Statistics - Volunteer Management - Real-Time Reporting - For Nonprofits - Recurring/Subscription Billing - Access Controls/Permissions - Calendar Management - Third-Party Integrations - Customizable Branding - Registration Management - Campaign Management - Event Management - Document Storage - API - Contact Management - Website Management - Credit Card Processing - Membership Management - Data Import/Export - Electronic Payments - Accounting Integration - Grant Management - Dues Management - Committee Management - AI Copilot - Fundraising Management - Customizable Fields **General Ledger** - Journal Entries - Tags / Dimensions - Audit Trail **Accounts Receivable** - Invoice Customization - AR Automation - Collections Automation **Accounts Payable** - AP Automation - Payment Processing - Purchase Orders - Invoice Processing - Purchase Order Management - ACH Payment Processing - Electronic Payments - Electronic Payments - Credit Card Processing **Additional Functionality** - Real-Time Data - Purchasing & Receiving - Budgeting/Forecasting - Generative AI - Receipt Management - Financial Reporting - Partnership Accounting - General Ledger - Invoice Management - Compliance Management - Collaboration Tools - Third-Party Integrations - Recurring Giving - CRM - Customizable Reports - Donation Tracking - Customizable Templates - Expense Tracking - Accounts Receivable - Check Printing - Inventory Tracking - Cash Management - Chart of Accounts - Payroll Management - Financial Analysis - Revenue Recognition - API - Real-Time Reporting - Bank Reconciliation - Fund Management - Multi-Currency - Grant Management - Activity Dashboard - Financial Management - Accounts Payable - AI Copilot - Billing & Invoicing - Fixed Asset Management - Reporting & Statistics - Donor Management - Income & Balance Sheet - Mobile Access - Tax Management - Activity Tracking - Workflow Management - Fund Accounting - Profit/Loss Statement - Time & Expense Tracking - Recurring/Subscription Billing - Project Accounting - Sales Tax Management - Contact Management - Accounting - For Nonprofits - Accounting Integration ## Top IconCMO Fund Accounting Alternatives - [NetSuite](https://www.g2.com/products/oracle-netsuite/reviews) - 4.1/5.0 (4,761 reviews) - [Sage Intacct](https://www.g2.com/products/sage-intacct/reviews) - 4.3/5.0 (4,075 reviews) - [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) - 4.0/5.0 (3,764 reviews)