3 minutes reading time (660 words)

Can your dental practice accounting run better?

 

Would you like to look at your financial reports on time?

Would you like to have a glace at your profit and loss statements and see ratios?

Would you like to see more in-depth reports and receive key performance indicators (PKI) right one time?

Would you like a Chartered professional accountant represents you when Canada Revenue Agency (CRA) calls? Or better yet, CRA calls them?

Would you like your payroll to be run on schedule, on-time without you having to look for time sheets?

Would you like to receive advance tax planning strategies for your dental practice right here in Ottawa?

Our firm perform all of this plus more.

We strongly feel and believe that as accountants we protect our clients. As a matter of fact, Webster’s definition of client says, someone how is under your protection and care.

We have seen and heard horrible stories about accounting, bookkeeping and taxation disasters. I even have witnessed a few clients whose old accountant did not even return their documents, fees were collected for work or obligation that was never delivered. Hence, our comic illustration of captain number cruncher and his superhero team. We did not invent it, we just demonstrated it.

In a nutshell, a lot of empty promises

So, if you want all of this and more than just tax compliance, we can help you, your team of employees, and your practice prosper.

As a matter of fact, the best we can help is to be part of your team and become your Chief Financial Officer (CFO).

Even better news for you, is that you don’t have to pay my full-time salary of average $250K. That is a lot of savings. Just like I don’t need a full-time dentist and only visit one when I need one.

CFO for Dentists

As your dental practice CFO, my priority number is to ensure the accounting, bookkeeping, and taxation are up-to-date and run like clockwork.

Next, would be to ensure that your practices accounting functions are optimized and maximized to their fullest potentials. We would then look at your dental practice growth, profitability, net worth, ….

We’ll simplify the numbers and tell you what they mean and decipher their stories.

Wouldn’t this be what should be expected from accountants?

Cloud Accounting Solutions

Here some benefits that I have summarized for you:

Managing the books, bank reconciliation, payroll, taxes, account receivables, account payables, providing ratios, KPIs, CRA representations …

Act as controllers and ensure no numbers are left in limbo, even talk and liaison with your bank manager and financial planners

Reviewing and examining expenses

Finding better automation for your dental practice

Profit maximization, profit first notion. The notion works like you get paid first and we plan the rest with what we have left? Why?

Once we know we have a limited resource, we become resourceful, we would question and examine every expense, every cost and look to replace them with better alternative and less costs.

This is actually how cloud accounting works as well. Let’s look at it.

Cloud Accounting Apps

It give you the reports on time from any place any computer, it is more secure than your computer, it is always backup, it integrates and works with multiple business changing apps, such as Receipt Bank, Tsheets, Wagepoint, Slack, Dropbox …. At a fraction of costs. It is way more powerful than the desktop version. So profit first, or profit maximization or profit and cash management makes you directly or indirectly, consciously or subconsciously think about never ending best use of assets and resources. I believe not only dental offices, but majority of business are at 20% assets utilization and their assets, tangible or non-tangible could improve by another 80%. This is another business management topic on its own nevertheless, we consider and implement as business experts and professionals.

If you are intrigued, I suggest a few reading from Peter Drucker and Edward Demings.

More on improving your dental practice

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Saturday, 10 December 2022

One-Stop Shop for Accounting
and Bookkeeping in Ottawa

Numetrica City Accounting

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Reviews

Check what some of our clients are saying about our services.
  • I highly recommend Moe Tabesh. His service is phenomenal, to say the least. His tax knowledge is extensive and he’s been able to save me a substantial amount of money by following his recommendations. In addition, he is warm, kind, understanding, positive, and flexible, which are qualities I find rare in most accountants I’ve worked with. You’re in good hands with Moe, I can’t recommend him enough.

    Samantha Biron

    President and Founder, Find Your Tribe
  • Moe and everyone at Numetrica have been incredible at helping with my new corporation and corporate and personal tax returns and my other small business. Their accounting skills are out of this world and the technology they use makes everything so simple and fast. The time you will save will be worth every penny. Thanks again Moe for all your help!

    Jeremy Prudhomme

    CEO, Jeeman TV
  • Mr Tabesh (Captain Number Cruncher) and his perfect team are not only professional in their fields, they are extremely passionate about their clients! Numetrica City continues to support us with corporate and personal tax returns, bookkeeping (thank you so much Sherry ) and We are so happy and appreciative for you and your responsible team, Moe!!!
    I really recommend these guys to everybody.

    Farshid Dehnavi

    President and CEO, Ink Plus
  • I did my first Corporate tax return and cloud accounting with Numetrica City and I am very satisfied with the work they did. The team was very responsive and answered all my questions. I 1000% recommend their services.

    Keddy Declan

    CEO , IT Referrals
  • I would highly recommend Numetrica City-Accountants, Tax and Bookkeepers. Exceptional customer service. I am assured that all my company tax services and payroll are taken care of because of the great team that Moe has. I like the fact that I do not have to worry about driving to a physical location for my accounting services, my company's accounting tax preparations are done online due to the excellent cloud service Numetrica City has. Definitely score a10/10. Thank you for all the good work that you guys do. Greatly appreciated!

    Sibeso Kehinde

    OUR PROCESS

    Discovery

    We’d love to hear about your goals and aspirations. After understanding the big picture, we’ll dig into the details of your bookkeeping process so we can assess your needs.

    Proposal

    Once we understand your needs, we’ll send over a proposal that outlines our plan for tackling your challenges and a fixed monthly price for those bookkeeping services.

    Set-up

    Once you accept our proposal, we’ll get your bookkeeping tidied and up to date and begin implementing cloud accounting tools that will ensure proper bookkeeping going forward.

    Get Connected

    Once the set-up is done, the hard part is over. You’ll be connected to your CPA-level bookkeeper and they will become your main point of contact.

    Reviews

    Once the clean up is done, the hard part is over. You’ll get connected to your bookkeeper and he/she will become your main point of contact. Don’t worry, we only select the best CPA or CPA students.

    Join our family

    Clients

    Trust in the superhero accountants of Numetrica to keep your numbers in order and for expert advice on growing your business. Numetrica City specializes in providing clients with in-depth accounting and bookkeeping services in Canada and the United States as well as financial advice to assist you in making the right decisions for your business.