It is the goal of many businesses to make an impact. Still, many owners may be in business to generate a profit and provide for financial needs. So, if your pediatric practice is not in the financial position that you desire, it may be time to look at your accounting practices.
Creating your financial improvement goals at the place where you manage your finances is the first step. Some issues may be discovered that may harm the bottom line of your practice when you review your accounting.
Sage Intacct Pediatric Practice Accounting
One of the first things that you should look at is the accounting software that you are using. Software designed for the medical industry and meets all HIPAA requirements will be more beneficial to your practice than a standard bookkeeping program. Sage Intacct is designed specifically for the medical industry and may be able to help clinics improve their financial standing.
Sage Intacct offers your pediatric practice accounting software solutions. Sage Intacct may help consolidate and centralize payables across several locations or multi-entity practices. This program may eliminate manual payables and reduce the workforce required for accounting.
What Is Sage Intacct Pediatric Practice CFO Business Advisory?
If you are not sure that a new accounting program will help, Fusion CPA offers Sage Intacct pediatric practice CFO business advisory services including, but not limited to, the following:
- Sage Intacct Software implementation: setting up your accounts in this program.
- Sage Intacct evaluation for your industry: demonstrating beneficial features and improvements the program offers to your practice.
- Sage Intacct financial forecasting: illustrating how information obtained in the reports generated by the program may provide actionable insights.
Our experienced pediatric practice financial advisers may be able to assist you with tax planning and loan packages.
Importance Of Tax Planning For Your Pediatric Clinic
Sage Intacct may improve your pediatric practice tax planning. Tax planning is an essential part of any business plan. Over payment of taxes is not something that any business desires, and without the right planning, over payment often occurs.
Our Sage Intacct pediatric practice financial advisers aim to help ensure that your practice takes advantage of all tax credits that are available each year. Many credits and deductions may be lost without careful monitoring because the tax code continually changes. Through the use of the Sage Intacct pediatric practice bookkeeping software and a qualified CPA, your practice may enjoy a lower tax burden each year.
Getting The Support You Need
There are custom features for medical practitioners in Sage Intacct's software, like HIPAA optimization, that may not be available when employing a different option. So, if you realize your current system is failing to meet clinic standards, it may be time for an upgrade. Here at Fusion CPA, our pediatric practice accounting experts can help you implement Sage Intacct and create an accounting strategy tailored to your industry. You can learn more about our services by clicking the button below to schedule a complimentary discovery call today!
This blog article is not intended to be the rendering of legal, accounting, tax advice or other professional services. Articles are based on current or proposed tax rules at the time they are written and older posts are not updated for tax rule changes. We expressly disclaim all liability in regard to actions taken or not taken based on the contents of this blog as well as the use or interpretation of this information. Information provided on this website is not all-inclusive and such information should not be relied upon as being all-inclusive.