“Every Penny Counts!”
…Establish strong internal bookkeeping controls to protect your income

Synopsis: This program is a must for practices wanting to be sure they really do charge out fees promptly and post the payments correctly so the practice is profitable. Proven solutions and structure are given for handling important everyday accounting procedures and solving daily accounting problems. Implement the structure needed to put you back in control with your practice accounting.

• 8 rules to ensure that production 'gets on the books' so you can get paid
• System for accurate check posting which keeps you and your patients happy and informed
• Create an Adjustment audit trail to make any needed follow up action simple
• 6 rules for handling credit balances, refunds to patients and insurance overpayments
• Petty cash, cash on hand, Dr.’s IOU's in the cash drawer!! Take control!
• Inc. or Sole Proprietor? What you need to know to protect yourself from an IRS audit
• Post Dr.'s travel/entertainment expenses, maximize tax deductions, survive an IRS audit
• Using an ‘outside’ bookkeeper? Streamline communication for simplicity and control
• Guarantee your system of recording bank deposits prevents Dr. being taxed twice!
• Use your computer to keep on top of your financial commitments
• Payables: Organize your bills to create a foolproof system. Stop paying the same bill twice!
• Payroll: Turn an arduous job into a very simple procedure with built in safeguards
• Guidelines for getting the best from your CPA and other practice financial advisors

Testimonials

“As the spouse, I can't tell you how much this helped me understand what systems are needed in our dental office to make sure we don't leave money on the table. All thanks for a great course.”

Anon, Yankee Congress, ‘04

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