Money In, Money Out: Financial Organization in Your Practice
Recommended for: Entire Staff | Subject: Practice Management/Accounting
CE Credits: 3
Accounting has never been a trendy topic, but Susan is on a mission to change your mind! Regardless of how your bills are paid (QuickBooks, CPA, other), or what practice software is being used, the organization of your financial information is essential to understanding your practice. In this digital information age, there are more moving parts than ever. Two software and three entities create one accounting system. From banks and merchant card services to insurance companies and payment plans, there is a lot to keep track of and stay HIPPA compliant. Susan breaks down the basics of organizing your practice finances into a working financial system. Based on her book by the same name, this engaging, interactive, unique presentation explains the business flow of a practice in easy bite-sized information.
- What to do at the end of the day, the end of the month, the end of the year.
- What to do when employees fail to clock in.
- How many bank accounts are needed.
- Paying employees – always a good thing.
- What to look for in your CPA.