Tax Prep Time – Stop Manually Running Reports
Is your dental practice ready for tax season? Prepping for tax time can be a daunting task. Gathering paperwork and manually running financial reports for your accountant can make it even more of a hassle. In addition, you want to know where your practice stands financially, and trying to crunch the numbers at the last minute can bring on a big headache. In today’s data driven world, having your financial data easily accessible for tax preparation can eliminate the hassle of shuffling through a pile of documents to give to your accountant.
Dental Practice Pro provides automated reporting and exportable data for Accounts Payable, Accounts Receivable, Payment Category Reports, Cashflow Statement, Vendor Expense Reports, Provider Production Snapshot, CDT Procedure Code Analysis and Insurance Payments Reports. Utilizing these Key Practice Indicators, or KPI Reports, in your dental practice can provide better accuracy for all your financial data. Better accuracy can ensure you aren’t over paying in taxes. You can easily export all of your data into spreadsheets to either print or send digitally to your accountant.
Need to meet with your accountant off-site? No problem, Dental Practice Pro has you covered. One of the benefits of having a cloud based dental business management software, is accessibility to your data at your convenience. You can access all of your financial reports anytime, anywhere, and on any device. No more packing up a briefcase full of folders and papers. Just grab your laptop, tablet, or mobile device and you’re good to go.
No accountant? No Problem! Dental Practice Pro also works well with Quickbooks. Many dental businesses utilize Quickbooks to make tax preparation easier, and to cut the cost of paying someone to prepare your taxes. Easily import all of your organized financial data into Quickbooks, and tackle tax season like a pro!
So why are you still messing around with messy paperwork? Make tax time easier on yourself and start utilizing Dental Practice Pro’s financial reporting tools in your practice.