Dental Practice Management
Let us handle the business tasks so you can focus on growing your business.
Practice Finance Experts
Our Process
- Accounts Payables
- Payroll Functions
- Employee Benefits Programs
- Prepare Financial Statements
- Business Financial Reviews
- Sales and Use Tax Coordination
How It Works
Your Business Operations Department
At DPS, we handle all day-to-day financial aspects of company operations, including budgeting, payroll, accounts payable, financial statements, and practice analysis to facilitate the overall smooth operation of your business by acting as your practice finance manager.
Accounts payable services involve reviewing invoices for accuracy, paying bills timely, and negotiating with vendors for better terms.
We offer Sales and Use tax tracking and filing if your practice requires it and 1099 processing at year end.
Payroll functions include direct deposit, garnishments, retirement plans, third party sick pay and FMLA, processing of quarterly reports and employee W2s. We can assist with any employee benefit needs such as obtaining health or life insurance and setting up pension or profit sharing plans.
We complete monthly, quarterly and year end close processes, including general ledger posting, bank and credit card reconciliations, and assist with monthly, quarterly and yearly profit and loss statements as well as clinical staff productivity cost analysis.
We will work with your accountant of choice to carry out practice reviews at least semi-annually, to make sure your practice is in the best position to maximize deductions and initiate tax planning strategies. We will perform routine period-end accounting procedures, including preparing journal entries, and generating financial reports.