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Bookkeeping Services for Dental Office

With a rapidly growing market demand in medical service spaces such as dental offices, a subsequent need for a specialized bookkeeping and accounting solution has also grown. Becoming and remaining competitive in what is steadily growing into a highly competitive environment is aided by the simple deployment of more efficient operational mechanisms, one of which is indeed specialized dental office bookkeeping.

While specialized dental office bookkeeping generally forms part of many accounting service providers’ solutions offerings, the best dental office bookkeeping solutions are those that have been developed over time, in response to the growing demand in the market for such specialized solutions. An accounting and tax service provider which has developed their specialized dental office bookkeeping solution in this way accounts for the most complete service available in that practical experience and evolvement from that experience ultimately contributes to a practical solution that not only gets the job done, but also introduces some procedures that could ultimately prove to benefit the office.

Different dental offices naturally need different levels of service and that is why different rates are offered to suit the specific needs of the individual office.

Due to the vast demand of our bookkeeping services, in 2010, we have set up a specialized service department for dental offices Toronto to provide efficient, professional and affordable bookkeeping service. Since then we have been helping many Dentists to concentrate on growing and managing their practice, spend time with family, or simply live life to the fullest while we take care of the bookkeeping and accounting aspects.

Our services are personalized to your needs, and there are a number of options available: Basic Bookkeeping, Basic Plus Bookkeeping, and our Comprehensive Controller Service.

We offer these services at a fixed rate, but they are flexible; when your needs increase or decrease, so will our fees.

 

Basic Bookkeeping

We will provide the following services monthly or quarterly:

  • Post Cheques, deposits, and credit cards
  • Prepare bank reconciliations
  • Prepare the general ledger
  • Prepare Payroll
  • Prepare income statements
  • Prepare balance sheets

All you have to do is write cheques and make bank deposits – we will do the rest. We use QuickBooks software and will provide you with complete details of all transactions, balance sheets, and statements of income.

It’s easy as below 3 steps:

  1. You write cheques and make deposits.
  2. You deliver your records to us.
  3. We provide all financial details and reports to you monthly and quarterly and, if required, to your accountant at year-end.

Our fee starts at $325 per month. Contact us today for a free consultation.

 

Basic Plus Bookkeeping

For this option we will supply:

  • Basic Bookkeeping Services, as described above, and
  • Customized management reports and analysis to help you control your overhead expenses

A well-managed, cost-effective practice starts with reliable, accurate and on time information – if you can’t measure it, you can’t manage it. Our familiarity in serving dental clients has provided us statistics on a variety of practice monitors that allow us to provide you with an accurate picture of how your practice is performing.

Our Basic Plus service includes suggestions for changes to maximize profitability within your ease zone and personal viewpoint of care.

Our fee starts at $575 per month. Contact us today for a free consultation.

 

Controller Service

The Controller Service allows you to outsource all your bookkeeping and accounting functions to us. Our Controller Service will help you eliminate the cost of an in-house bookkeeper and leave all the back-end office work to us. We will:

  • Record the billings and expenses
  • Write cheques
  • Assist in collecting outstanding receivables
  • Prepare payroll
  • Conduct cash management

We will help you interpret the financial reports, understand what the numbers mean, and show you how to use the information to make your practice more profitable.

Our Controller Service is a tool that delivers you:

  • Rapid answers to all your questions during the month
  • Exploration of your financial statements
  • Analysis of your financial position
  • Investigation of your practice
  • Suggestions for improvement
  • Unlimited phone consultations

In short, we monitor the financial beat of your practice. Our fee depends on the scope of services to be provided.

How do I sign up?

First, we recommend that you call us at 416-463-3330. We will discuss your needs and transaction volume of your practice and prepare a proposal, providing you with a detailed list of services included in our monthly fee. Upon acceptance of our proposal, we will sign up the service agreement and our team would start to work on your account.

Contact us today for a free consultation.