Dental Bookkeeping & Accounting Services

Dental Bookkeeping & Accounting Services
Our Services

Dental Bookkeeping Services

Daily Bookkeeping & Accounting for the Dental Industry

Vigor Financial: Professional Bookkeepers for Dentists

Running a dental practice is difficult and requires a significant amount of time and attention to do it properly. Every successful company needs support from several different individuals to run well. If you operate a dental business, hiring outside help can be a strong asset to your growing enterprise.

Bookkeeping is essential to the financial health of your business and timely reporting is a must to make the best decisions possible.  Unfortunately, it is easy to do it incorrectly without the proper training and support. It can also be a financial burden to have a full-time staff member act as an in-house dental bookkeeper. Fortunately, our team at Vigor Financial provides creative bookkeeping solutions for those who run dental businesses.

A professional from Vigor Financial can support your dental practice with daily accounting,, financial reporting, budgeting, accounts payable and more.

Eliminate Costly Mistakes

Trying to create a bookkeeping system on your own is very challenging, and it is easy to make mistakes. Unfortunately, taxes and financial reports leave no room for error, and hiring a new employee to cover these tasks is costly. Fortunately, our team of highly qualified bookkeepers offers solutions to fit your needs.

When you work with us, we can handle the key aspects of your company’s financial needs while you focus on patient care and service. We have many years of experience in dental accounting, and we can operate QuickBooks, Sage, NetSuite and all other necessary programs to monitor your business’s financial health. When it is time to file your taxes, create reports, or assess your budget, all the necessary information can be at your fingertips.

Do not risk all that you have worked for, or compromise on patient care, for the sake of your financial records. Allow our professionals to handle your dentistry bookkeeping so you can continue to focus on your clients’ smiles.

What Does a Dental Bookkeeper Do?

Understanding the services that we provide, and how they may benefit you, is key to maximizing the benefits of working with Vigor Financial. Unfortunately, many businesses are not making as much as they should be, or are missing out on key benefits, programs, and tax breaks, because their records lack precision.

Our team can provide a wide range of accounting and bookkeeping services for your company. These services include:

  • Transaction management
  • Budgeting
  • Financial forecasting
  • Receipt tracking
  • Loan application assistance
  • Debt restructuring
  • Coordinating with your CPA
  • QuickBooks, Sage and Netsuite

This is not a finite list of the services that we can provide for your dental business. We have experience in a wide range of accounting support services, specifically in the dentistry industry. We can tailor our accounting services to your specific needs, making support from Vigor Financial scalable and sustainable for however your business may change.

Why Do I Need a Professional Accountant?

Although many people can manage their personal finances on their own, running a business is much more complex. Operating a successful practice requires that you track your finances exactly and keep records other than those needed for handling personal finances. This can be confusing for business owners of all experience levels, which makes it common for mistakes and errors to occur. Making a mistake in this area can lead to fines, penalties, and even legal action, something that most businesses can ill afford.  It can also lead to undervaluing your business and making it difficult to qualify for financing or growth capital.

When you work with a professional accountant, you can rest assured that all your financial documents are in order. With a deep understanding of the law, as well as the ways that businesses operate, our team can track your finances and ensure that you are ready for tax season, audits, business sales, reporting, and more.

Working with Vigor Financial gives you the benefit of working with a trained accountant who is an expert in the dental industry, without the overhead cost of hiring your own employee. This is ideal for those who are just starting their business, are going through significant changes, or are scaling for growth.

Financial Benefits of a Professional Accountant

In our line of work, we encounter many businesses that are not reaching their full potential. In many industries, including dentistry, there are ways to structure your business to maximize your profits and in turn your cash flow as well as practice value. When you work with a professional accountant on an ongoing basis, you have the advantage of constant financial information to benefit your company.

Accountants from Vigor Financial focus on maximizing cash flow and valuation for your dental business through precise bookkeeping and creative problem-solving. Your profits can benefit from the advice of a professional.

Benefits of Collaboration

Some business owners attempt to do their bookkeeping and other financial tasks on their own. Not only does this add stress to your job, but it also creates vulnerability in your workplace. Although business owners do need to put in a lot of effort to get their business running, they also need to balance job duties by delegating tasks to others. This ensures that the business can continue to thrive if something happens to the owner or if the owner changes for whatever reason.

Delegating tasks as a business owner can be extremely difficult, especially if you must take the time to train a new employee. However, when you work with an established team like the one at Vigor Financial, you gain the benefit of a trained consultant who knows how to proceed. There is no awkward training period, and you can feel confident handing over your company’s finances to our professionals.

Contact Vigor Financial

Accounting and bookkeeping are only two of the many services that we provide for dental businesses. We understand that your industry is unique and presents challenges that are not present in other companies or industries. You can trust that we understand the nature of your business and all the various mechanisms that help it run properly. With this understanding, we can create reliable financial solutions that are tailored to your unique scenario, needs, and goals.

For more information about our dental bookkeeping or accounting services, please schedule a consultation with Vigor Financial.

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