Lighthouse Bookkeeping
Clear Financial Reports for Owners and Nonprofit Leaders
Understand the numbers behind your decisions. Get clear financial reports for your business, nonprofit, or church.
Understand the numbers behind your decisions. Get clear financial reports for your business, nonprofit, or church.
A profit and loss statement shows income and expenses over a period. A balance sheet shows assets, liabilities, and equity at a point in time. Together they answer different questions about the business.
A monthly report should help you understand income, costs, and results. The right reports also show balances and obligations beyond the bank account.
This simple illustration shows how a service business might review its monthly activity. Your actual report package depends on your plan and records.
| Category | Amount |
|---|---|
| Service income | $6,000 |
| Operating expenses | $3,500 |
| Net profit | $2,500 |
Demonstration figures only. This is not a client result or a promise of earnings.
Nonprofit reporting can include a Statement of Activities and Statement of Financial Position, with additional information agreed around programs, funding, and board needs.
A useful review considers what changed from the previous period and why. New obligations, unpaid invoices, unusual expenses, and missing information all affect how a report should be understood.
When board reporting is included, we agree on the contents. That may involve statements, budget comparisons where the organization maintains an appropriate budget, and concise explanations of significant movements.
Reports reflect the bookkeeping information behind them. Reconciliations, supporting records, and unresolved questions matter. These reporting services do not provide independent audit assurance.
Some organizations need straightforward monthly statements. Others need additional leadership reporting. We discuss the decisions you want to support before setting the deliverables.
Reports are only useful if you know what to look for. These are the basics.
Shows income and expenses over a period so you can see what the business earned and spent.
Shows assets, liabilities and equity at a point in time.
Comparing months or periods often shows more than any single report does.
What changed since last month? Which expenses look unusual? Which customer balances are still open?
Yes, where board reporting is included in your plan.
No. We can help organize bookkeeping information for your CPA; specialist accounting, tax, or assurance work is separate.
We review the needed tracking structure and software features before agreeing to that reporting scope.
The reports included in your agreed plan, commonly a profit and loss statement and a balance sheet. We confirm this before starting.
Additional reporting is discussed during scoping and is not automatically included in every plan.
No. Reports prepared from bookkeeping records are not an audit or review.
Nonprofit leaders often need reports with a clear structure and explanations. We discuss board-level reporting during scoping.
Start with a free conversation about your records, reporting needs, and the support that fits.