Dental group profitability reporting by location and provider
Multi-location dental groups running on blended P&Ls are flying blind. See how reporting by location, provider & payer turns month-end data into decisions.
Use cloud software for spend and procurement management to track budgets and spending across multiple departments and locations. Choose the right budget allocation method so you can keep on top of cash flow and stay in line with corporate goals.
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Now that our supervisors actually see their financials on a daily basis and know how much money they have available to spend, they’re tightening their belts and taking cost control very seriously. As a result, we’ve cut the variance between our operating expenditures and revenues in half. Thanks to this declining variance, we’re able to expend our property tax levy income for much-needed capital improvements, as opposed to spending it on operations.
Multi-location dental groups running on blended P&Ls are flying blind. See how reporting by location, provider & payer turns month-end data into decisions.
Discover what an NSF (non-sufficient funds) check is, how it impacts your business finances, and the correct way to handle it during bank reconciliation.
FIFO values the oldest inventory as sold first, while LIFO values the newest inventory as sold first. Learn how each method affects costs and profit.
Deposits in transit are sums recorded in your books but not yet processed by the bank. Learn how to identify and account for them during bank reconciliation.
Invoice processing is a workflow that includes approving, paying, and recording vendor invoices. Learn more and see how automation simplifies this cycle.
Cash basis accounting records income when received and expenses when paid. Learn how this method works, including examples, benefits, and limitations.
Learn more about accounts receivable (AR), how it's reflected on your balance sheet, and the role AR plays in your business’s financial health.
Learn about petty cash, how it works, and key features of petty cash accounting. Then, discover best practices to manage petty cash effectively.