Today's Dental Partners

Transform your dental practice’s financial management with our comprehensive bookkeeping and accounting services. We offer real-time insights, informed decision-making, and efficient resource allocation. From setting up accounting software and reconciling transactions to preparing financial statements and managing accounts receivables and payables, we streamline your bookkeeping & accounting tasks!

Book keeping & Accounting Services

2. Posting Journal Entry

3. Accounts Reconciliation Services

4. Preparing Financial Statements

5. Accounts Receivable Services

6. Accounts Payable Services

7. Payroll Services

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Pricing

Transactional Based
1-100 transactions – $1/transaction
100-300 transactions – $0.80 cents/transaction
Above 300 transactions – $0.50 cents/transaction
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Volume Based
Small Organisation – $369/month. If collections are under $40k/month
Medium Organisation – $399/month. If collections are between $40k – $100k/month
Large Organisation – $529/month. If collections are between $100k – $150k/month
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Resource Based
Full Time Resource – $1000/month
Part Time Resource – $600/month
Per hour based Resource – $10/hour
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Brochure

Brochure Bookkeeping final (1) Download

Presentation

e-Book

E – book Accounting And Bookkeeping Download

White Paper

This white paper explores the need for effective accounting practices in dental practices and addresses the specific challenges faced by dental professionals in maintaining accurate financial records. Statistical data and industry trends are analyzed to highlight the importance of streamlined accounting processes. The paper identifies key needs, including financial performance analysis, compliance and audit preparedness, insurance billing and reimbursements, and inventory management.

White paper content on Accounting & Reconciling services Download

Solo Dentist – Increase your call acceptance rate

Unlock the potential to showcase your exceptional dental services, provide vital information, and establish unwavering credibility. With a well-designed online platform, you’ll captivate your audience and forge strong connections within your community, solidifying your position as a trusted dental expert.
Create a professional offline presence with our logo creation, visiting cards, referral pads, signage, and banners service. Make a lasting impression with a captivating logo, memorable visiting cards, and streamlined referral pads. Establish your brand presence with attention-grabbing signage and banners, setting yourself apart in the local community.
Enhance your website with integrated services including Online Appointment system, Reputation Management, Patient Management system, Marketing analytics, Chatbot integration, and Messenger integration for improved scheduling, reputation building, efficient operations, data-driven strategies, customer support, and easy communication.
Make your launch party a success with our comprehensive assistance, handling venue selection, decorations, catering, and entertainment. Create a memorable and professional event that introduces your dental practice to the world.

Regional Group – Improve consistency across your group practices

Ignite your online presence and supercharge your lead generation capabilities with a professionally designed website tailored to the needs of your regional dental firm. Seamlessly blend aesthetics with optimized conversion elements to create a captivating user experience. This powerful combination will empower you to reach new heights, attracting and converting potential clients while establishing your firm as a formidable presence in the dental industry.
Boost your Regional dental firm’s offline presence through our comprehensive service. We’ll design a distinctive logo, professional visiting cards, and custom referral pads for seamless patient referrals. Grab attention with striking signage and banners, projecting a cohesive and professional brand image.
Enhance your website with integrated services like Online Appointment system, Reputation Management, Patient Management system, Marketing analytics, Chatbot integration, and Messenger integration. Streamline scheduling, enhance reputation, improve operations, gain insights, boost customer engagement, and enable seamless communication.
Impress guests with our launch party assistance, managing every aspect of the event, including venue, theme, catering, and entertainment. Establish your firm as a prominent player in the dental industry.

National Group – Get intelligence to monitor and streamline calls across Nation

Services Offered by Todays Dental Partners

	Book keeping & Accounting Services Our goal is to empower dental practice owners to take control of their finances, reduce bookkeeping and accounting burdens, and pave the way for sustained growth and success. Learn More
	Posting Journal Entry Our expert team will handle the posting of journal entries, ensuring that all financial transactions are accurately recorded in your accounts. This includes categorizing income, expenses, assets, and liabilities, providing you with a clear and organized financial overview. Learn More
	Accounts Reconciliation Services Ensure accurate and efficient financial reconciliation for your dental practice with our robust services. Gain peace of mind and focus on delivering superior patient care. Streamline your financial control today with our reconciliation services. Learn More
	Preparing Financial Statements We create financial statements for your practice in order to assist you in understanding your financial situation and managing your business finances. Learn More
	Accounts Receivable Services We offer you our seamless accounts receivables services to tackle challenges you face with accounts receivables. In the event where no payment is received from the patient, we go the extra mile by proactively notifying them every three days. Learn More
	Accounts Payable Services Be assured with our accounts payable services. We will make payments on time, on your behalf, so that we can avoid extraneous finance charges. Learn More
	Payroll Services Payroll calculation may pull up many complexities, including drowning in piles of paperwork, spending countless hours manually processing payroll, printing checks, and distributing them to employees. This manual approach not only consumes valuable time but also increases the likelihood of errors and delays, leaving your employees frustrated. Learn More

Day 1

Our Team will provide you with a letter of engagement, our comprehensive accounting and bookkeeping services, providing efficient and accurate handling of your payment transactions. With our expertise in the field, we ensure timely and secure posting of payments.

Day 7

After your dental practice accepts the letter of engagement, we will essentially take up to a week to comprehend your statements, paperwork, and other pertinent documents so that we can handle your accounting and bookkeeping jobs effectively and promptly without making any mistakes.

After Day 7

We shall start by meticulously organizing the books of accounts to ensure accurate financial records. Additionally, we will set up GUSTO, a comprehensive payroll management system, to efficiently handle employee payroll, benefits, and taxes.

Monthly Review

Accounting and Bookkeeping is an iterative process. To maintain accurate records, ongoing verification is necessary. We simply do a monthly assessment to ensure that your reports are error-free, and we’ll provide you an analysis report of your practice at the end of the month.

Day 60

You’ll have clear records, your front-desk employees will have enough time to focus on their work, and dentists can concentrate on what they do best—carefully treat the patients. When you outsource your accounting and bookkeeping activities, your practice can save an enormous amount of money.

Bookkeeping & Accounting Services

As a dentist, you do not have the bandwidth to keep up with accounting on a daily basis. You probably are using QuickBooks or accounting software that captures your transactions. You are following a cash-based accounting model that will not truly reflect the value of the practice when you plan to sell your practice as it does not account for future cash flows. We will help you move to accrual-based accounting and keep your records straight.

We will either use the accounting software that you currently have or give you free software to manage your accounts. We will sign your practice for a free accounting software account, link your bank account to the software, create charts of accounts, categorize the transactions & finally submit reports on a monthly basis.

Detailed Service Info:

Transitioning from cash-based accounting to accrual-based accounting is crucial for dentists who plan to sell their practice in the future. While cash-based accounting records transactions as they occur, accrual-based accounting provides a more comprehensive view by recognizing revenue and expenses when they are earned or incurred, regardless of when the actual cash exchange takes place. By adopting accrual-based accounting, you can accurately represent the financial health and potential of your practice to potential buyers.
Today’s Dental Partners understands the challenges that dentists face in managing their own bookkeeping while juggling their primary responsibilities. That’s why we offer specialized bookkeeping services tailored to the unique needs of dental practices. Our team of experienced professionals will handle the entire bookkeeping process, saving you valuable time and ensuring accuracy in your financial records.
If you already use accounting software such as QuickBooks, we can seamlessly integrate with your existing system. Our experts will review your current setup and optimize it for accrual-based accounting. We will guide you through the transition, making sure that all your historical data is accurately converted to the new accounting method. Alternatively, if you don’t have an accounting software in place, we will provide you with a free software solution that is user-friendly and specifically designed for dental practices.
To get started, we will sign your practice up for a free accounting software account. This account will serve as the central hub for your financial transactions and reports. We will assist you in linking your bank account to the software, ensuring that all relevant transactions are automatically imported and categorized.
Our team will create customized charts of accounts tailored to the specific needs of your dental practice. This will enable us to accurately categorize your income, expenses, assets, and liabilities, providing you with a clear picture of your financial position.
Once your accounts are set up and the data is flowing seamlessly, we will diligently monitor and reconcile your financial transactions on a monthly basis. Our experts will review each entry, ensuring accuracy and identifying any discrepancies or potential issues. This proactive approach allows us to catch and resolve any errors or anomalies early on, preventing financial complications down the line.
As part of our comprehensive bookkeeping service, we will generate monthly reports that provide valuable insights into your practice’s financial performance. These reports will include key metrics, such as revenue, expenses, profit margins, and cash flow analysis. With this information at your fingertips, you can make informed decisions to optimize your practice’s profitability and growth.
Outsourcing your bookkeeping to Today’s Dental Partners not only frees up your time and mental energy but also ensures that your financial records are accurate, up-to-date, and compliant with industry standards. Our team of dedicated professionals has extensive experience in dental practice bookkeeping and stays abreast of the latest accounting regulations and best practices.
By partnering with Today’s Dental Partners for your bookkeeping needs, you can focus on providing exceptional dental care to your patients while having peace of mind knowing that your practice’s financials are in capable hands. Contact us today to discuss how our bookkeeping services can support your dental practice’s success and growth.

Posting Journal Entry

Posting Journal Entry: Our expert team will handle the posting of journal entries, ensuring that all financial transactions are accurately recorded in your accounts. This includes categorizing income, expenses, assets, and liabilities, providing you with a clear and organized financial overview.

When it comes to managing the financial aspects of your dental practice, accuracy, and organization are paramount. That’s why outsourcing your journal Entry service to Today’s Dental Partners is a smart choice. One crucial aspect of our comprehensive service is the expert handling of posting journal entries.

Our highly skilled team understands the intricacies of dental practice accounting and will meticulously handle the recording of all your financial transactions. Whether it’s income from patient visits, expenses related to supplies or equipment, assets such as property or investments, or liabilities such as outstanding loans or payables, we ensure that every entry is accurately categorized.

By entrusting us with the posting of journal entries, you can rest assured that your financial records will be precise and organized. This level of accuracy is essential for gaining valuable insights into your practice’s financial performance. It allows you to understand your revenue streams, identify areas of expenditure, track your assets and liabilities, and ultimately make informed decisions to optimize profitability and growth.

Our team will ensure that each transaction is properly recorded in the appropriate accounts, following industry-standard accounting principles. We will also maintain a clear audit trail, providing transparency and accountability in your financial records.

By outsourcing this crucial bookkeeping task to Todays Dental Partners, you can free up your valuable time and resources. Our experts will handle the complex and time-consuming process of posting journal entries, allowing you to focus on what you do best: providing exceptional dental care to your patients.

Preparing Financial Statements

Preparation of Financial Statements: We will prepare timely and accurate financial statements for your dental practice. These statements include income statements, balance sheets, and cash flow statements, giving you a comprehensive understanding of your practice’s financial performance and position.

As a dentist, you understand the importance of having accurate and up-to-date financial statements for your dental practice. These statements serve as a crucial tool for evaluating the financial health of your practice and making informed business decisions. By outsourcing the preparation of financial statements to Today’s Dental Partners, you can benefit from timely and accurate reports that provide a comprehensive understanding of your practice’s financial performance and position.

Our team of experienced professionals specializes in dental practice accounting and will meticulously prepare your financial statements. This includes the preparation of income statements, which outline your practice’s revenues, expenses, and profit margins. By analyzing these statements, you can gain valuable insights into the sources of your income and identify areas where expenses can be optimized.

Additionally, we will prepare balance sheets, which provide a snapshot of your practice’s assets, liabilities, and equity at a specific point in time. This allows you to assess your practice’s financial position and understand its overall worth. By having an accurate balance sheet, you can confidently present your practice’s financial standing to potential investors or lenders when seeking financing or considering expansion opportunities.

Furthermore, our team will prepare cash flow statements, which track the inflow and outflow of cash within your practice over a given period. This statement helps you monitor your practice’s liquidity and cash management, ensuring that you have a healthy cash flow to meet your financial obligations, such as paying suppliers, covering overhead costs, and investing in practice growth.

By outsourcing the preparation of your financial statements to Today’s Dental Partners, you can save valuable time and ensure accuracy in your financial reporting. Our experts are well-versed in dental practice accounting standards and regulations, ensuring that your statements adhere to industry best practices.

Having access to timely and accurate financial statements empowers you to make data-driven decisions for your practice’s success. You can identify trends, assess profitability, and implement strategies to optimize revenue and minimize expenses. Additionally, these statements provide valuable insights for tax planning, financial forecasting, and evaluating the financial impact of potential investments or changes in your practice.

In summary, by outsourcing the preparation of financial statements to Today’s Dental Partners, you can rely on our expertise to deliver timely and accurate reports. These statements, including income statements, balance sheets, and cash flow statements, provide a comprehensive understanding of your practice’s financial performance and position. Partnering with us allows you to focus on providing exceptional dental care while having confidence in the financial insights necessary for your practice’s success and growth.

Payroll Setup

Payroll Setup: Our team will set up a streamlined payroll system for your practice, ensuring that your employees are paid accurately and on time. We will assist with employee onboarding, tax withholding setup, and any necessary compliance requirements.

When it comes to managing the payroll for your dental practice, accuracy, efficiency, and compliance are paramount. Outsourcing your payroll setup to Todays Dental Partners ensures that your employees are paid accurately and on time, allowing you to focus on delivering quality dental care. Our expert team will handle all aspects of the payroll process, from initial setup to ongoing compliance.

First and foremost, we will assist with employee onboarding, ensuring that all necessary information is collected and entered into the payroll system accurately. This includes setting up employee profiles, recording their personal details, and establishing their pay rates, hours worked, and any other relevant information. Our team will ensure that each employee’s details are accurately captured and securely maintained.

Tax withholding setup is another crucial aspect of payroll management. Our experienced professionals will handle the complex task of setting up and maintaining accurate tax withholdings for each employee. This includes ensuring compliance with federal, state, and local tax regulations, accurately calculating tax deductions, and processing payroll in accordance with tax laws. By entrusting us with tax withholding setup, you can have peace of mind knowing that your payroll is in full compliance with applicable tax regulations.

Compliance with employment laws and regulations is a priority for any dental practice. Our team is well-versed in the latest employment laws and will ensure that your payroll setup adheres to all relevant legal requirements. From minimum wage laws to overtime calculations, we will handle all compliance aspects, reducing the risk of penalties and legal issues.

Additionally, we will implement a streamlined payroll system that promotes efficiency and accuracy. Our team will select and set up a payroll software or system that suits the specific needs of your dental practice. This includes integrating the system with time tracking tools, automating calculations, and generating pay stubs and payroll reports. By leveraging technology and industry best practices, we ensure that your payroll processes are streamlined, reducing the likelihood of errors and saving you valuable time.

Outsourcing your payroll setup to Todays Dental Partners provides numerous benefits. Our expertise in dental practice payroll management ensures accurate and timely payments to your employees, improving staff satisfaction and reducing payroll-related issues. Additionally, our commitment to compliance safeguards your practice against potential penalties and legal complications.

By partnering with us for your payroll needs, you can focus on what you do best – providing exceptional dental care – while leaving the complexities of payroll management to our dedicated team. Trust us to set up a streamlined and compliant payroll system that meets the specific requirements of your dental practice, allowing you to operate efficiently and confidently.

Running the Payroll

Running the Payroll: We will handle the entire payroll process, from calculating employee wages and deductions to generating pay stubs and ensuring timely payment. By entrusting us with your payroll, you can eliminate the stress and administrative burden associated with managing employee compensation.

Managing the payroll process for your dental practice can be time-consuming and complex, requiring meticulous attention to detail and a deep understanding of payroll regulations. By outsourcing the task of running the payroll to Todays Dental Partners, you can offload the stress and administrative burden associated with managing employee compensation, allowing you to focus on providing exceptional dental care. Our dedicated team will handle every aspect of the payroll process, ensuring accurate calculations, generating pay stubs, and ensuring timely payment to your employees.

Calculating employee wages and deductions accurately is crucial for maintaining employee satisfaction and compliance with employment laws. Our experienced payroll professionals will handle this task with precision, taking into account various factors such as regular and overtime hours, bonuses, commissions, and deductions for taxes, insurance, retirement plans, and more. By entrusting us with payroll calculations, you can rest assured that your employees will be paid accurately and on time, fostering a positive work environment and reducing the risk of payroll-related disputes.

Generating pay stubs is another critical aspect of the payroll process. Our team will prepare detailed pay stubs that clearly outline the breakdown of employee compensation, including gross wages, deductions, and net pay. These pay stubs provide transparency and clarity, enabling your employees to understand their earnings and deductions. Additionally, pay stubs serve as important records for both your practice and your employees, ensuring compliance with documentation requirements.

Ensuring timely payment is vital for maintaining employee satisfaction and complying with employment laws. Our team will establish a streamlined payroll schedule that aligns with your practice’s needs and ensures that your employees receive their wages on time. We will handle the distribution of paychecks or facilitate direct deposits, eliminating any delays or errors that may occur in the payment process. By entrusting us with the responsibility of timely payment, you can foster a positive work environment and maintain the trust and loyalty of your staff.

By outsourcing your payroll process to Todays Dental Partners, you can reap numerous benefits. Our expertise in payroll management, combined with our dedication to accuracy and compliance, ensures that your employees are paid correctly, on time, and in accordance with applicable regulations. By eliminating the administrative burden associated with payroll, you can redirect your focus and energy towards delivering exceptional dental care and growing your practice.

Partnering with us for running the payroll streamlines your operations, reduces the risk of errors and disputes, and frees up valuable time and resources. Our dedicated team will handle the complexities of payroll management, allowing you to enjoy peace of mind and concentrate on what matters most – providing quality dental care and growing your practice.

Trust Todays Dental Partners to handle your payroll process efficiently and accurately. Contact us today to discuss how our payroll services can benefit your dental practice and relieve you of the payroll-related burden.