Specialized Accounting for a Specialized Industry

Lasting Ledgers provides financial support designed around the unique workflows, revenue streams, and reporting needs of funeral service businesses. While every situation is unique, here are the key areas we focus on.

• Monthly Bookkeeping — Accurate recording and categorization of all funeral home financial activity.

• Monthly Financial Reporting — Timely income statements, balance sheets, and management reports that clearly show business performance.

• Bank & Credit Card Reconciliations — Ensures accounts are accurate and discrepancies are identified quickly.

• Accounts Receivable & Insurance Assignment Tracking — Better visibility into outstanding balances, insurance proceeds, and cash.

• Preneed & Trust Accounting Support — Reconciliation and reporting support for preneed contracts, trusts, and related activity.

• Payroll Accounting & Labor Cost Tracking — Accurate payroll recording with better visibility into staffing costs and labor.

• Cash Flow Management — Clear reporting on incoming cash, upcoming obligations, and potential cash-flow issues before they become problems.

• Funeral Home KPI & Profitability Reporting — Track metrics such as revenue per call, margins, labor costs, overhead, and profitability trends.

• CPA and Tax Coordination — Help owners plan ahead and make better decisions about staffing, pricing, equipment, facilities, and growth.

• Historical Catch Up — Clean up and reconcile inaccurate or unreconciled financials creating a reliable foundation for future reporting.

Frequently asked questions

Do you only work with funeral homes?

Funeral service is our primary focus. Specialization allows us to build accounting processes and reporting specifically around the needs of funeral home operators.

Can you replace our current bookkeeper or accountant?

Yes. Depending on the service package, we can handle much or all of the bookkeeping and monthly accounting currently performed.

Can you work with multiple locations?

Yes. We can structure accounting and reporting for both individual locations and consolidated ownership groups.

Do you replace our CPA?

Typically, no. We handle the ongoing accounting and bookkeeping while working alongside your CPA or tax professional for tax preparation, tax planning, and other specialized tax services.

How much does it cost?

While every situation is different, most customers will fit into one of our two service packages found here.

Can you clean up our existing books?

Yes. If your accounting is behind or needs correction before ongoing services begin, we can evaluate the books and recommend an appropriate cleanup or onboarding project.

443-716-8078

Contacts:

support@lastingledgers.com