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Cutting Accounting Costs for Your Dental Practice

A piggy bank with coins surrounding it

As a busy dentist, you may not have the time or energy to keep an eye on your accountant or to make sure they’re charging fair prices. Some accountants might take advantage of this fact.

Below are a few ways for you to take a little more control over the fees your accountant is charging you:

  • Stay paperless – There are sometimes extra fees for your accountant to scan physical documents onto the computer. You can cut out these fees and stay more organized by going paperless today and keeping all of your important documents on the computer.
  • Skip nonessentials – Your accountant may be charging you more for nonessentials that can be outsourced for much cheaper. If you use your accountant for taxes and financial statements only, you can cut out all of the additional fees.
  • Get a bookkeeper – It would be almost impossible for even the most organized dentist to run a dental practice, care for patients, and do their own bookkeeping. If your CPA is spending additional time fixing bookkeeping errors, it may be time to consider hiring a bookkeeper for your dental office.
  • Consider a payroll service – Lastly, you may think you’re saving money by getting a package deal with your CPA. The truth is, you can often get the extras, such as payroll services, at a much lower price elsewhere.

Here at CTC Associates, we know that dentists are busy and stressed as it is! Allow us to help lighten your load so you can focus on the fulfilling parts of being a dentist. For more information, contact CTC Associates today!

Posted on Jun 8, 2020
Image Credit: File ID 359640 | © Gianna Stadelmyer | Dreamstime.com

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