
Dental Accounting-Accounting for Dental Doctors
KNS’ specialized team of accountants cater both to specialist dental accountants and accounting firms with numerous dental clients. KNS’ help you to complete your Accounting & Bookkeeping responsibilities with accuracy, which will save your time and related costs.
Dental Accounting Outsourcing
KNS offers a wide range of services ranging from bookkeeping to management accounts and from taxation to payroll services. KNS team is fully trained on the nuances of the basic details of the UK healthcare, National Health Service (NHS) and private dentistry industry.
Dental Accounting Outsourcing offers:
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Real time assistance
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Updation of financial statements
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Assistance in filing of VAT returns
Overview of Processes
Scope
Maintenance of:
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Monthly book-keeping
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Monthly Profit and Loss
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YTD Profit and Loss
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Monthly aged creditors
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Fully reconciled bank account
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Assistance in Annual Accounts Preparation for the practice
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Annual Dental Practice Valuation using EBITDA calculations
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Personal & Corporate Tax Returns
Requirement
You will provide:
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Sales & Purchases Invoices
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Banks & Credit Card Statements
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Copy of earlier years Returns- Personal and Corporate
Output
KNS will provide:
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Monthly or quarterly Management reports
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Any time Assistance
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Other Services
KNS will also provide:
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Prepare Associates and Hygienist Pay Schedules
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NHS Compass Management
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Weekly/Monthly Productivity Reports
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Assistance in Cash Flow Forecasting
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Assistance in Preparation of Financial Budgets
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Various other analysis if required