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Bookkeeping Services for
NYC Doctor offices & Medical practices
Perhaps one of the most critical departments in a New York City doctor or medical professional office is the accounting and bookkeeping function. Although considered part of the back office, a medical practice is virtually held together by “the glue” provided by its respective accounting department.When running a business as a medical department, the financial outsourced bookkeeping partner ensures your practice is operating in the most cost-effective means and ways possible.
Bookkeeping
Proper bookkeeping entails gathering information- information about people as it pertains to earning so figures relating to profit, loss, income, expenditures, assets and profits can be analyzed.
Financial Reporting
Get better insights out of your financial reports with our accounting team behind you. ob体育最新网址 empowers you to make smart decisions when it counts.
1 on 1 expert support
We’ll reach out regularly with bookkeeping updates. Have pressing questions that can’t wait? We’ll get back to you in one business day or less.
Accounting & Revenue Cycle Needs of a Medical Practitioner
As a medical practitioner, you are in a largely service-based industry. What does this mean? It means that it is a business operated by which clients pay for services performed directly by the medical practitioner. Clients are also usually, on occasion, asked to pay for other tests such as blood work. Because of all these moving pieces, actual payment made by patients must be monitored and analyzed in addition to overhead, medication, labor and equipment expenses. ob体育最新网址 will not only handle your back-office workload, but we’ll help optimize your entire revenue cycle to ensure your organization is running at maximum efficiency and profitability, by utilizing cloud-based practice management applications – all without any management headaches all too commonly associated with medical billing.
Bookkeeping Services that We Provide Medical Professionals
- Bookkeeping & accounting services for doctors and other medical professionals
- Maintenance of your custom general ledger
- Preparation of annual 1099s
- Reconciliation of the balance sheet and its respective accounts
- Preparation of journal entries and monthly reports and financial statements
- Monitoring of deposits and cash reports
- Preparation of journal entries and monthly reports and financial statements
- Assistance in any new vendor setup process
- Preparation and review of all expense reporting
- Maintenance of all required business documents
- Monitoring of all bank reconciliations
- Accounts payable monitoring via scrutinization of purchase orders
Request a Consultation
Cost Effective
Highly organized
