We’ll review it, fix any issues, and will send it back promptly. We will do a lot more than just set up your software to produce paperwork. We will help you develop a cutting edge accounting system that will give you all the tools to make decisions that could transform your dental practice. A standardized dental dental bookkeeping chart of accounts can help you and your dental accountant efficiently benchmark your practice to historical data. That data can be your own or regional or national data of your peers. CPAs and Accountants have a love/hate relationship with QuickBooks and other small business accounting applications.

ZipBooks offers free cloud-based accounting software for dental practices. Free features include invoicing, recurring https://www.bookstime.com/ billing, and practice expense tracking. Payroll, bookkeeping and tax preparation are available as add ons.

QuickBooks Desktop Accountant

We start every new client with the same template checklist and continue to add and adjust as we work with the dental practice’s bookkeeping each month. Work through the steps below and add your own individual needs along the way. Here at Bookkeeping for Dentists, every staff accountant must complete a monthly checklist for each practice they finish for month-end bookkeeping.

When I say formally, I mean going to the gear icon in QuickBooks Online and clicking the “Reconcile” feature under the tools menu. The standard chart of accounts makes your financials better for you and your accountant. Your financials will actually help you run your business, as they should. A Chart of Accounts is simply the list of all income, expense, and equity accounts that are needed for business bookkeeping. It also determines the organization and appearance of the financial reports that you generate. Take a look at an example of our Standard Dental Chart of Accounts, then compare that to the last financial report your office generated.