Accounting
Accounting & Bookkeeping
"We can provide a complete outsourced finance function for you, operated to the highest standards."
Dental Accounting Experts
Helping Dentists Maximize Profits & Manage the day to day Billing and Payments
Redwood Accounting Group has a team of Chartered Accountants and Accounting Professionals that have over 20 years’ accounting, tax preparation, payroll, cashflow management, and fraud and loss prevention experience.
We help Dentists maximize their practice profitability whilst reducing their business and personal tax deductions. We understand the challenges Dentists face, including the challenges of having oversight and management of the day-to-day finances, because they are working hard looking after their dental clients.
Bringing Executive-Level Financial Oversight to Your Dental Practice
Our expertise and training, obtained whilst working as Finance Managers and CFO’s in large corporations and financial institutions, means we and our Redwood Accounting Group Team can ensure the finances of your dental practice are managed and maintained to high standards. Having managed small and large teams of accounting, tax and payroll staff, we can take this burden from you and manage all these areas whilst you concentrate on assisting your Dental clients and alleviate any financial concerns you have when it comes to running your practice.
Having an outsourced accounting function means you as a Dentist never need to worry if your team who completes these functions is sick, on vacation, or if you have any staff turnover. We complete this work for you and take the managing of the finance team off your hands.
Track Practice Performance with Monthly Financial Analysis
Monthly Financial Reports will be issued to you on a timely basis so you can make business decisions and take any action required if necessary or review how well your practice is performing. The provision of a monthly financial analysis will help you get your practice back on track if required.
Accounts Payable and Receivable Support That Ensures You Get Paid on Time and Fraud is minimized
Are your practice bill payments challenging you? Bill payments can be a challenge for Dentists as your are busy helping your patients and especially if you have to rely on your team to make these payments. We take this burden and worry from you and ensure through our Bill Hub that your vendors are paid on time and you have full oversight of the transactions and payments being made. If you choose to keep Bill payments in-house we can certainly ensure robust cash and payment procedures are in place to minimize the risk of fraud.
Behind with your collections from insurance companies? We can help with that too and ensure your collection process is smooth for cash flow purposes.
We have an a la carte accounting function, whatever you need help with we can help, if you only need part of our accounting services that works too.
Fraud Prevention & Internal Controls Tailored for Dental Teams
Fraud prevention is a key concern for Dentists and we have various solutions we can provide. Our highly trained internal auditors will complete an assessment of your practice and provide and implement robust internal controls and procedures for you and your Dental team to follow.
Accounting Services for dental Practices
- Timely and Accurate Monthly Financial Statements
- Tax Preparation
- Tax Planning Strategies
- Payroll Processing
- Accounts Receivable Management
- Accounts Payable Management
- New Dental Practice Set Up and Programs
- Fraud Prevention Package
- QuickBooks™ Set-up and Support
- Company Incorporation Services
- Business Advisory for your Practice
- Taking your Practice to the next level
- Cash flow analysis and Management
- Forecasting and Budgeting
Contact us today on 941-867-3742 or request a free consultation by filling out your details. We work closely with all types of dentists, including family dentists, pediatric dentists, orthodontists, periodontists, oral surgeons, and dental practices in all types of specialties.
Our Offices are located in the Sarasota, Bradenton and Lakewood Ranch areas.