By: jnawali
Dental Bookkeeper
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Accounting refers to the systematic and detailed recording of financial transactions of a business. An accountant is a professional who performs accounting functions such as account analysis, auditing, or financial statement analysis. Accounting plays a vital role in running a business because it helps you track income and expenditures, ensure statutory compliance, and provide investors, management, and government with quantitative financial information which can be used in making business decisions.
When you feel the following incident is happening and something is not moving well in the practice, then you need an experienced accountant.
· Payroll is not in time, or mistakes in payroll, payroll reporting has some problem and paying fines.
· Suppliers are calling for the payments.
· PMS shows a huge number of accounts receivables, insurance is not claimed on time.
· Associates fee calculation is wrong or not being done on time.
· Paying a huge amount in dental supplies, no one tracking inventories.
· Practice facing Cash flow problems.
· Bank and credit card reconciliation are not being done on time.
· Filing system is laidback, not getting documents when needed.
· Mismatch of expenses in the general ledger
· Month-end is not done properly.
· Monthly financial statement is not prepared properly.
· Year End closing has a problem, and it is not being done and paying a fine and late fee.
· Receiving call from Canada Revenue Agency
Stay Focused on What Matters Most
We specialize in solving the unique challenges healthcare professionals face with fully automated cloud accounting solutions that help you maintain profitability while keeping your backend financial processes strong and healthy.
Apex Accounting’s in-depth knowledge of the many tax and accounting regulations specific to your industry helps us deliver a solution completely customized to your needs. We employ the latest technology to streamline and integrate your entire billing, inventory, payment systems and payroll to work together as a seamless whole, with robust reporting functionality available right at your fingertips. We go beyond these traditional bookkeeping duties.
We love the basics, but we also love going above and beyond. Not only will our bookkeeping services manage your dental practice finances, but we will also seek to maximize your business cash flow. Our team at Apex Accounting is constantly looking for ways to improve the profitability of your dental practice at a low cost. If you want to know about our service, please give us a call at 647 979 7728 or email us at info@apexaccounting.ca. We are known as reliable small business bookkeepers of Toronto.