Untangling the lump-sum deposit
The usual sticking point in practice bookkeeping is the deposit that arrives as one lump sum covering dozens of patient and insurance payments. If it's recorded as one line of income, you can't tell what came from insurance, what came from patients, or whether anything is missing.
We reconcile your practice management reports against the bank, match insurance reimbursements, and track overhead by provider or location so you can see what each part of the practice actually contributes.
We work with medical, dental, chiropractic, therapy and other health practices in Frisco and across North Texas.
- Practice management reports reconciled to the bank
- Insurance and patient payments separated
- Overhead tracked by provider or location
- Payroll and liabilities recorded correctly
- Monthly P&L, balance sheet and cash flow
- Coordination with your CPA