Bookkeeping
Overhead % + Benchmarking Analysis + Report: Where did my cash go? + Combined P&L for Multiple Practices
Why work with OnTimeBooks - Bookkeeping Service for Dental Practices?
There are several advantages to working with OnTimeBooks if you are a dental practice.
Here are a few:
- Knowledgeable about YOUR business, "the business of dentistry".
- Aware of most vendors in the dental industry.
- Less questions to complete bookkeeping for your dental practice. Saving you time.
- Dental specific chart of accounts leading to comparable numbers and analysis that can identify areas of improvement for your dental practice.
- Better understanding of the dental industry business terminology and hence understanding you better.
- Competetive pricing - Our Dental Practice expertise comes at no additional cost – why not work with us?
Why do you need bookkeeping as a dental practice owner?
Uncle Sam is number one.
Here are a few others:
- To know the financial health of your business.
- To be aware if you are running at a profit or a loss.
- To identify areas of improvement, make adjustments and be more profitable.
- For Tax Projection and Planning. (Accurate profit and loss statements are starting point of tax projections and planning.)
- To file taxes. (You need it anyways, now, or later. Why not do it as you go?)
- To know what your business owns and what it owes (cash/equipment/loans/credit cards/etc.).
Why choose OnTimeBooks for bookkeeping for your dental practice:
You probably have a bookkeeper but do they help you understand your financial statements? Do they have years of experience helping dental practices owners make better business decisions and hence increase their profitability?
If the answer is no, then maybe it’s time you considered OnTimeBooks.
- We have experienced staff that has provided bookkeeping services to dental practices for years.
- Just as you’d explain treatments to patients, we walk you through your financial statements so you understand them better and can make informed financial decisions.
- We are always here to answer questions related to your financial statements.
- We do not lock you down in long-term contract. We want to earn your business
- Also see “Why work with a dental specific bookkeeper”
Our Dental Bookkeeping Services Let You Focus on the Patients
Growing a dental practice is no easy feat. Dentists who dare to branch out and begin their own practice are tasked with running a thriving team, trying to stay on top of industry trends, and trying to make their business profitable. All of this needs to be done while actually doing the dental work that the business is based around and connecting with the patients that make it all worthwhile.
With so much already on your plate, you shouldn’t also have to do bookkeeping as well. We do the job accurately, and with few interruptions to your day-to-day operations. Allow us to relieve you of your bookkeeping duties and you’ll wonder how you ever did it all yourself.
We Bring Industry Knowledge
When you hire standard accountants to do your bookkeeping, they aren’t as familiar with the ins and outs of what it means to work with a dental practice. We use a specialized chart of accounts for dentists. This highlights the main expense categories of your dental practice. You can quickly review them on a monthly basis and if you have questions about the financial statements we help answer them. The first time we complete your bookkeeping we’ll have a meeting to explain how to read the financial statements and are open to questions/meetings in the future. This helps you know your business better and save time and energy to do what you do best.
The Time To Call Is Now
Our dental bookkeeping services reduce the stress regarding taxes as well. You have timely information to plan for taxes and complete tax package to provide to you tax preparer when it is time. Our bookkeepers are meticulous and experienced. Book a consultation today to learn more about how we can help your practice reach its full potential.
Bookkeeping and Advisory
For Dentists
$ 350 / month**
- Financial Statements
- Overhead Percentages
- Bench Marking Analysis
- Alerts for Improvement
Tax Advise/Projection/Preparation
For Dentists
-$ 500 / month**
- Bookkeeping and Advisory
- Answer Tax Related Questions
- One tax projection per year
- Prepare Partnership (1065) or S-Corp (1120S) tax return
- **
- For new clients of only.
- Up to 5 bank /credit card /line of credits included in price.
- Price is per practice location.
- Up to $1 million in collections.
- Tax Advise/Projection/Preparation is for one onwner only. Contact us for additional owners.
- If needed, prepare federal Partnership (1065) or S-Corp (1120S) tax return and one state tax return for the dental practice.
- Offer not valid for DJ Bhola CPA PC clients.