Cutting Accounting Costs for Your Dental Practice

Here at CTC National, we know that dentists are busy running their business, dealing with staff training and issues, and trying to provide quality dental care for their patients. Some outside firms, like accountants, may try to take advantage of the fact that you may not have the time to keep a proper eye on them to make sure they’re charging you fair prices.

How to Cut Accounting Costs

Below are a few ways for you to take more control over the amount of money your accountant is charging your dental practice:

• Go Paperless – There are sometimes hidden fees for your accountant to scan physical documents onto the computer. Not only will you stay more organized by going paperless, but you’ll also avoid these extra fees.
• Get a Separate Payroll Service – Many accounting firms will make you think you’re getting a good deal by going with a package service, but you can often get the extras, such as payroll services, at a cheaper price elsewhere.
• Skip the Nonessentials – If you’re noticing that your bill is including fees for extra services your accountant does for you, you may want to check if these nonessentials can be outsourced for cheaper. Use your accountant for financial statements and taxes only and this will cut out the extra fees.
• Hire a Bookkeeper – It may be nearly impossible for you to handle everything in your office, no matter how organized you are. Because of this, it’s a good idea to consider outsourcing your bookkeeping needs. Otherwise, your CPA will spend extra time fixing errors, which may cost you extra money in the long run.

At CTC National, we offer services for your dental practice that can help you realize and establish goals, as well as put processes in place to help you grow your dental practice. For more information on how we can assist you with your accounting needs, front office training, or offering other types of coaching, please contact CTC National today.