Running a funeral home means you’re constantly caring for others: your community, your staff, and your own family. But that probably doesn’t leave you with much time (or energy) to keep up with your accounts payable, payroll, or bookkeeping.
You shouldn’t have to carry all of that alone. And you don’t have to!
With the right funeral home accounting partner, you can:
But that still leaves one big question: how do you know which accounting partner is right for your funeral home?
Keep reading to find out the 5 non-negotiables for your funeral home’s accounting partner.
Funeral homes don’t operate like any other business, especially when it comes to accounting. Between preneed vs. at-need revenue, strict regulations, and cash advances, there are specific details that may be missed by a general CPA or bookkeeping firm.
That’s why you need an accounting partner who has experience working with funeral homes and truly understands how your business works. Because when your accounting partner is familiar with funeral home operations, you don’t have to explain how your business operates.
Instead, you can rest assured knowing your business is in good hands.
To best manage your business, you need more than basic bookkeeping. You need reliable data and reporting.
Look for an accounting partner who provides daily balancing and monthly reports. The right accounting partner will deliver timely, easy-to-understand reports along with insight on what your numbers mean for your business.
With clear reporting and insights, you can:
When you have full visibility into your financials, you can make decisions with confidence.
Payroll processes that depend on manual systems can quickly become unmanageable, especially when you have families to serve, a business to run, and a team to lead.
To make sure your funeral home runs smoothly and your staff feels supported, find an accounting partner who will help you simplify time tracking and deposits while keeping your business compliant. Without payroll to worry about, you have more time to focus on your families, business, and staff.
And as a bonus, look for an accounting partner that offers payroll integrations. Because when your systems work together, it makes every step of your payroll process even easier.
Your bills can get easily lost in the shuffle if you’re using paper invoices, manual data entry, and physical checks. And over time, that can lead to late fees, frustrated vendors, and less clarity for your business.
The right accounting partner will help you simplify your payments with automated bill pay. That way, you can reduce errors, protect your vendor relationships, and gain peace of mind knowing every payment is taken care of.
Remember what we said about integrations? The same goes for your accounts payable!
Your expertise is serving families, not balancing your books or analyzing your numbers. And when accounting questions come up, whether it’s how to prepare for tax season or plan for the future, you shouldn’t be left to figure it out on your own.
You deserve an accounting partner who offers you proactive guidance and ongoing support tailored to your funeral home. With the right partner in your corner, you can:
When you have a trusted partner who understands your numbers and your business, you can make informed financial decisions for your funeral both now and in the future.
With the right accounting partner, you’ll have the data, tools, and support you need to manage your business with confidence.
At Funeral Directors Life (FDL), our Accounting Team is committed to checking all of these boxes. With FDL Accounting, you get:
Click here to learn more or fill out the form below to hear from our team.