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OVERVIEW: ACCOUNTING FOR DOCTORS & DENTISTS

Being a doctor, dentist or any other medical professional, patient care is your top most priority; however managing a successful healthcare business also demands accurate maintenance of financial records and proper compliance with taxes. Has your medical business been facing a tough time in keeping up with accounting and bookkeeping? Have you been looking for guidance with respect to the accounting part of your business ownership? We at Cogneesol provide specialist accounting services for doctors and dentists across several countries. To successfully fulfill the requirements of our medical accounting clientele, our team of professionals has established customized accounting services for dentists, doctors as well as other practitioners.

Our solutions are intended to consolidate the business aspect of your medical practice by offering comprehensive accounting, bookkeeping, payroll and tax preparation services. Our specialist dental accountants are experts in assisting healthcare practitioners in reducing their taxes, improving cash flow, and managing the financial data. We are familiar with your challenges and make use of several techniques to alleviate individual as well as business tax burdens. Having more than 9 years of experience in the medical field, our in-house team of doctor and dental accountants can provide you with superior financial services integrated with advanced reporting solutions.

OUR ACCOUNTING SERVICES FOR DENTISTS & DOCTORS

  • Accounting software set-up
  • Setting up Chart of Accounts
  • Bookkeeping
  • Accounts Payable
  • Bank and Credit Card Reconciliation
  • Accounts Receivable
  • Payroll processing
  • Cash flow monitoring
  • Budgets and financial projections
  • Compilations and reviews
  • Financial statement preparation
  • Personal financial statements
  • Tax preparation services

WE SUPPORT MULTIPLE ACCOUNTING SOFTWARE

(Click on any of the logos below to browse our software-specific accounting services for doctors and dentists.)

  • QuickBooks Bookkeeping for dentists
  • NetSuite Accounting & Bookkeeping Software for doctors
  • Quicken medical practice accounting Software
  • Sage Software for Accounting
  • Xero Bookkeeping Software for Doctors
  •  MYOB Software for Accounting
  • Wave Accounting Software
  • Intacct accounting software
  • Simply accounting by sage
  • Microsoft Dynamics
  • SAP solutions
  • Yendo accounting
  • Less accounting
  • Acclivity Small Business Software
  • Bill software
  • Peach tree accounting software

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Don't wait for a single day to have your bookkeeping, A/P, A/R, financial reports, payroll processing, and tax preparation under control. Regardless of whether you are a doctor or a dentist looking for an accounts outsourcing firm, our experienced in-house accountants can comprehend your requirements and provide exactly what you need.

OUR ACCOUNTING & BOOKKEEPING PROCESS

Proven processes at Cogneesol make sure that we fulfill the requirements of our clients ceaselessly. Below is a quick summary of the process followed at Cogneesol when performing accounting and bookkeeping for doctors and dentists.

  • Receiving source files from the client as scanned files or downloadable statements from internet and perform a preliminary review. Informing client on inadequate source, in case any.
  • Performing required actions relevant to the client like bank, check and credit card entries, reconciliation of bank accounts with statements and credit cards, reconciling client check books to software program balances, payroll processing, financial reviewing (technical and conceptual) to ascertain quality.
  • Delivering all required financials to clients with essential feedback and observations within consented time period using secured medium.
  • Responding to any comments to comply with clients standards.

Our team can easily collaborate with your current accounting team in the areas they need assistance or can even manage the entire process on our own, if mandatory.

WHY OUTSOURCE MEDICAL PRACTICE ACCOUNTING?

  • Domain Expertise
    Domain Expertise

    We have a qualified team of graduates from leading institutions who have been properly trained on the most up-to-date industry-specific software for numerous countries.

  • Experience & Credibility
    Experience & Credibility

    We seek to provide value to what is being outsourced by strengthening the process. Our expertise has given us the understanding & experience to go up the value chain.

  • Manage Core Functions
    Manage Core Functions

    When you outsource doctor or dental practice accounting to us, you can pay attention to your core capability i.e. attending to your patients.

  • Data Security
    Data Security

    Security and privacy of your medical records/data is of utmost priority for our team. We have strict internal security processes to ensure data protection.

  • Strengthen Operational Efficiency
    Operational Efficiency

    Doctors and dentists that outsource to us take leverage of our domain expertise. Our know-how in the field leads to greater operational efficiencies.

  • Staffing Flexibility
    Staffing Flexibility

    Outsourcing accounting services enables your medical business to retain a financial flexibility during skepticism in demand. You may scale up or down easily.

  • Compliance to Accounting Laws
    Compliance to Accounting Laws

    We are aware that accounting compliance is a must & every transaction has to be carried out within the legal guidelines of a particular area.

  • Reduce Costs
    Reduce Costs

    All the upsides listed above come with the advantage of low costs & huge savings! When you outsource, you obtain top notch services at lower costs.

Every Business Is Unique.
Find Out How We Can Help Yours.

  • Service and support beyond your expectations
  • Get your team to do what is core to your business
  • Customized solutions to suit your needs
  • Helping you improve efficiency and profitability
  • Our team is there to assist you 24x7
  • Delivery of projects within the agreed time-frame
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