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In general, charities and other nonprofits need a higher level of transparency than other businesses. They have
multiple stakeholders. They require in-house reporting, they need to send their financial records to Companies
House, The Charity Commission, and they must report to their board of trustees and funders.

Having a vigorous bookkeeping programme in place makes it easier to accomplish those things. And, ultimately,
robust bookkeeping makes it easier for these organizations to fundraise, too.

That’s because bookkeeping is not just about keeping track of your money or recording past transactions. It’s also
about the future: strong bookkeeping can show you how to use your financial data to make better decisions now and
later on — and build a stronger long-term reputation backed by solid, up-to-date financials.

Not only that, a strong bookkeeping programme can show the organization how much progress it’s making. One of
my most satisfying moments as a bookkeeper is when I show a client how much money they’ve managed to raise for
their nonprofit and they look at the numbers and think, “WOW!” It’s like looking down a mountain and seeing how
far you’ve climbed.

One nonprofit client, in particular, comes to mind. Her organization supports cancer patients and their families by
helping them obtain appointments well ahead of the months-long NHS wait. They also pamper patients (and their
families) during the treatment process. The head of the organization, my client, works tirelessly on their behalf.
When I entered all the donations she’d received into our system and showed the total to her, the smile on her face
was worth absolutely everything. Showing her what she’d accomplished was absolutely incredible — for her and also
for me!

Many charities face challenges when it comes to sound financial management. But bookkeepers can help!