Decisions are part of of every business...
And with every decision made brings an outcome.
The best way to get a desired outcome is being enabled to makean informed decision.
This is where having the right processes come into place.
In today’s episode, we are going to talk about thebest accounting software for your dental practice.
This episode is a self hosted episode where I share with you mythoughts on the current accounting software available for a dentalpractice and why you need it to run your business successfully.
If you like today’s show, you’ll enjoy the bonus following. It’smy personal Chart of Accounts Template.
Get that here.Here are a few things you’lldiscover intoday’s episode:
The definition of accounting (and why you need a goodaccountingsystem for your business)How dental practices did their accounting 10 years agoThe new and improved way you can start recordingyourtransactions (so that you save tons of time and have a systeminplace)Desktop accounting software vs Cloud accounting systemsWhy you should consider a cloud accounting system (and whyIstrongly recommend this)
Free Episode Bonus:
If you loved today’s episode, then you’re going to enjoythebonus I’ve prepared for you.
Today’s bonus is our internal chart of accounts that we usefordental practices. We adjust this according to each practicethatcomes on, to be able to mold it to what each practice needs.Butthis is what we start off with with all our accountingclients.
A chart of accounts is the starting point that you can usetoimport into your software. It is done in excel format and youcanjust import into your software easily.
Quotes:
Accounting is simply to have a process of recording economicstohelp you make informed decisions. – Jonathan VanHorn
Resources:
Xero softwareQuickbooksonline
Support The Show:
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This allows me to evolve the show as it goes on, andalsohelps spread the word to other podcast listeners sinceiTunespromotes shows with active engagement.
