How to Cut Accounting Costs for Your Practice

Accountants can sometimes take advantage of the fact that, as a busy dentist, you may not have the time or the energy to keep an eye on them and make sure they’re charging you fair prices.

Below is a list of ways you can take a little more control over the fees your accountant charges you.

• Skip the nonessential extras. There are often extra fees tacked onto your bills for extra services your accountant does for you. However, most of these services can be outsourced for a lot a cheaper. If you use your accountant for financial statements and taxes only, you can cut out all the extra fees.
• Stay paperless. Oftentimes there are extra fees for your CPA to scan any physical documents onto the computer. You can cut out these fees and stay more organized by going paperless and keeping your documents on the computer.
• Get a payroll service. You may think you’re saving money by getting a package deal with your accountant, but the truth is, you can often get the extras, such as payroll services, at a much cheaper price by going elsewhere.
• Get a bookkeeper. You’re not a superhero! It would be near impossible for even the most organized and relaxed of dentists to run their own practice and do their own bookkeeping. If your CPA is spending extra time fixing your bookkeeping errors, it’s costing you extra money and time.

For more information on how to cut costs or our bookkeeping services, please contact Dental Bookkeeping today!

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