General, Orthodontic, and Periodontal Dentists


Let us focus on the books so you can do what you do best

Accounting for General, Othodontist and Periodontal Dentists

There is nothing more crippling to a booming dental practice than an unexpected cash flow problem. Most dentists are masters of their craft; they know how to prevent diseases and keep teeth clean and healthy. What most dentists don’t know is some of the fundamental steps to maintaining an accurate bookkeeping system. Triumvir Financial will protect you from common mistakes that can result in severe financial upset.

We can help you:

  • Understand the difference between cash flow and profits. Profits do not represent cash available for purchase, but not all in-house bookkeepers make that distinction when presenting financials. We give you all the information right when you need it.
  • Reconcile the different accounts, prepare the financial statements, and more. We make sure that transactions are only entered once preventing you from misrepresentation or harsh penalties from the IRS.
  • Ensure you are using an industry standard chart of accounts to track how money is spent and received and to prepare financial reports for the practice. You need the insight a trained Enrolled Agent can provide to establish an accounting system where special accounts should be set up and tracked per dental industry standards.
  • We have experience working specifically with dental practices. This guarantees that the practice financial statements are prepared according to the General Acceptance Accounting Principles, the IRS guidelines, and the dental industry standards.