Our consultation fee is $250 for 40 minutes with a Partner or an experienced Tax Manager. If we decide to press forward with a Business Advisory or Tax Patrol Services engagement, we will credit the consultation fee towards those services. If you don’t need convincing and already want our services and you simply have some housekeeping questions, we answer those at no charge. Charging a consult fee to tell you how great we are is not cool.
Bookkeeping for dentists requires an understanding of the practice as it relates to accounting. Here are the top four common bookkeeping mistakes made by dental practices, and the costly impact it these mistakes can cause. Any successful entrepreneur will tell you to concentrate on the core business and leave the supporting function to the professionals. With secured cloud-based accounting solutions; we will enable you to have access to analytics on cash flow, profit margins, expenses and much more from anywhere in the world at any time. We understand the business mechanics that make a practice profitable.
Our accounting and tax services for dental contractors include:
Instead of having one person responsible for your practice’s bookkeeping, you will have access to an entire team. This means more consistency in dental bookkeeping best practices and more application of financial strategy. But, an office manager is not typically trained to handle the wide range of small business financial details like a professional bookkeeper or certified public accountant. An office manager who oversees bookkeeping cannot attend to administration like they were originally hired to do. So while the earlier suggestion of adopting cloud-based dental accounting software is effective at cutting down on paper, it doesn’t eliminate the need to keep certain documents.
With our assistance, your practice will improve cash flow, precisely track revenue and overhead, and become more profitable – all while you focus your energy on your patients. We’ll also uncover ways to reduce your tax liabilities so your practice never overpays on taxes. Independent dental contractors offer a special level of personal care to their clients. To maintain your high level of support you need to focus on the needs of patients, not accounting tax planning issues, and we can assist you.
Superior Quality Services
Ideal for dental offices with insurance collections more than $150,000 per month. Ideal for dental offices with insurance collections under $40,000 per month. We are a technologically advanced organization that offers cloud accounting for dentists through internet solutions such as Hubdoc, Dental Online, QuickBooks Online, and others.
I’ve been using Percentology since 2016 and absolutely love working with them. Prior to working with them I did all of our bookkeeping myself. Having a dedicated dental bookkeeping expert do it for us has saved me a tremendous amount of time. As a result I’ve had much more time to help patients, which has increased revenue.
Don’t just get your numbers, but learn to understand them.
We do bookkeeping from beginning to end, so the books are tax-ready for your CPA and they will have very few adjustments to make for tax preparation each year. We continue to grow and advance our services to meet your needs. Up to 5 bank /credit card /line of credits included in price. Easily compare your practice with hundreds of orthodontic practices nationwide.
Because your books will be done by experts in the field, you can be confident in the accuracy of the results and can run your practice accordingly. By keeping your books current, you’ll be able to catch most mistakes and implement new protocol quickly before stumbling into a situation that could take months to resolve. Just because you see an increase in your bank account doesn’t mean the money is spendable. After you reconcile your financial information correctly, you are ready to make informed decisions based on those results.
Dental bookkeeping basics
They run things like a well-oiled machine, which is exactly what you want to build a profitable practice. We streamline the bookkeeping process so that you can focus on more important things while your numbers are just magically done without your involvement. Nothing will cripple the growth of your dental practice faster than having cash flow trouble. Learn more about simple bookkeeping to help your practice.
What is bookkeeping in a dental office?
Dental practice bookkeeping and accounting.
The primary purpose of bookkeeping is to reconcile financial information and make informed decisions based on those results. If your bookkeeping is not done properly, you are making business decisions with poor information and big problems can arise.
Plus, it’s terrific how they pay so close attention to detail and categorize everything correctly. They’ve taken great care of us and I really can’t say enough good things about them. Our service is perfect for both established and start-up dental practices. We have been recognized as industry leaders offering a number of services for dental professionals.
Feel free to ask us how we can help you grow your business and enable it to scale new heights. Manage your payroll with ease by outsourcing to Dental Revu. Monitor & track your clinic’s payroll online from anywhere for quick and efficient payroll submissions & approvals. Knowing where your money originates from can assist you in evaluating the success of your dental practice. As your dental practice grows and you realize more revenue, be cognizant of how much is profit and what proportion should be designated for expenditures.
Get rid of the frustrations and cash surprises that come with messy books. With our dental bookkeeping experts, we’ll give you accurate and timely financial information about your practice. Sick of paying for expensive accounting software solutions that require an accountant to interpret? ZipBook is a free all-in-one accounting solution that makes keeping track of all of your practice’s income and expenses simple—no accountant required. There are several reasons why dentists and oral surgeons decide to outsource their bookkeeping to a dental accountant instead of keeping it in-house.