From day-to-day expenses to incoming and outgoing transactions, payroll, and everything in between, bookkeeping services for healthcare professionals are crucial for healthcare revenue and overhead management and a successful business.
Full Bookkeeping Services Offered
Better bookkeeping practices = fewer errors. Fewer errors = a better business.
Martin, Bircher, Thompson, PC will help to assure your practice is following the best bookkeeping and financial practices to reach your goals. We can assist in making sure your records are organized and understandable so that your organization can feel empowered and confident in your financial health. Contact us today to get started.
Reconciling Bank and Credit Card Accounts
Account reconciliation can help minimize the risk of your organization being the victim of any fraudulent transactions or transactions caused by unintentional errors. Reviewing these accounts at regular intervals will also optimize your business and reduce overhead spent correcting these mistakes.
Filing State and City Excise Returns
Martin, Bircher, Thompson, PC can assist with filing your state and city excise returns (Form 720) in order to accurately report your business income, sales tax, and use tax. Filing these returns the right way each quarter will keep your practice in good standing with the state of Washington.
Preparing Other Annual Compliance Requirements
Partnering with a CPA means you won’t have to worry that you’re forgetting an important filing requirement at the end of the year. We can assist with all necessary annual compliance requirements, such as Forms 1099, Personal Property Affidavits, and Unclaimed Property Reports.
Assisting With Routine Bookkeeping Tasks
In addition to filing tax forms and reconciling transactions, Martin, Bircher, Thompson, PC is here to assist with all your routine bookkeeping tasks. These duties are necessary to keep your practice running smoothly on a day-to-day basis and get you toward your financial goals.
Empower Yourself and Your Employees
In addition to the aforementioned bookkeeping services, we are also happy to provide training to better equip you or your staff with the bookkeeping knowledge needed to maintain an efficient business accounting system.
Frequently Asked Questions
How is bookkeeping different from your accounting services?
Bookkeeping keeps the daily numbers moving – transaction entry, excise filings, compliance forms. Our accounting services take it further, reconciling and categorizing those transactions into reports you can actually use to make decisions.
Do you handle our excise tax filings and annual compliance forms?
Yes – we file state and city excise returns (Form 720) each quarter and manage annual requirements like 1099s, Personal Property Affidavits, and Unclaimed Property Reports.
How often do you reconcile our bank and credit card accounts?
We review these accounts at regular intervals rather than waiting until year-end, which helps catch fraudulent charges or unintentional errors early.
Can you train our staff to handle bookkeeping in-house?
Yes – beyond the services we provide directly, we’re happy to train you or your staff so your team is equipped to maintain the system going forward.
Related Services
Once your day-to-day transactions are entered and reconciled here, accounting takes that data and turns it into categorized reporting you can use to run the practice.
Get Clear Financial Reporting
If bookkeeping keeps surfacing the same questions about account access or internal controls, our internal control checklist is a good place to start tightening things up.
Strengthen Practice Operations
Your reconciled books are also the foundation for compilation reports – if a bank or partner needs financial statements, this is where bookkeeping becomes something presentable outside the practice.
Simplify Compilation Reporting
Clean books throughout the year mean fewer scrambles in the spring – this is where your bookkeeping feeds directly into planning and filing.
Get Ahead of Tax Season