Skip to main content


Welcome to Numetrica's Blog — your hub for expert insights on accounting, bookkeeping, finance, and business strategies.
4 minutes reading time (825 words)

Why You Need Proactive Accounting Service For Your Dental Practice in Ottawa

Are you running your own dentistry practice accounting and finding it? Or maybe you’re just finding it hard to keep track of the accounting, budget, expenses, and when all else is said and done taking what little is left as your pay?

When it comes to dentistry and dentists who run their own practices in Ottawa, this lack of a ‘profit first system’ is quite common. Being sure that you’re taking care of yourself and your pay first can be backwards thinking to what you’ve been engrained to believe. Especially when it comes to accounting for dentists in Ottawa. We’re taught to think that when there’s some profit, or extra money, after a good month, that we should put it into new equipment, supplies, or sometimes you even want to give your Dental Assistant the much needed raise he or she deserves.

In a profit first approach to your practice, there’s a few things to know before we continue. The way to approach profit first is a simple formula really:

Sales – Profit = Expenses

Essentially, what this means is after a month of work you’re going to pay yourself first. BEFORE anything else, including bills. Where normally, you’d pay your bills and expenses, then look to improve machinery or buy things you need for your practice before paying yourself. With this formula, you always pay yourself first, then you work with what you have left to handle all expenses. This means that you’re forced to find ways to save money. Yes, it can be scary, but you’ll thank yourself in the long run.

Time saved, is Money Earned

The less time you’re focusing on overseeing the books and budgets for your practice, is more time that can be put into growing your practice. Building a solid and consistent patient roster is a stronger investment than those countless hours you’d be doing diving into the financing. Let alone the stress of it all. Working with accountants for dentists like Numetrica City, we put that time in for you, like it’s our job…because it is!

Having a good accounting firm handle the day-to-day of your dentistry practice means that they’re taking care of the budgeting and reporting. They will also help you to be able to properly implement the 10/25 rule needed to move your practice’s accounting into profit first functioning. As well as then properly account for all the accounts needed to run a profit first practice, and keeping track of each of those accounts and the money that is moved into them every month. Which is a perfect lead in to the next reason why hiring an accounting for dentists in Ottawa firm is beneficial.

Deal with CRA so you don’t have to

An accountants for dentists firm for your practice will be able to properly work with all the requirements of the CRA. In doing so, this will keep you in compliance with the CRA and ensures that even your profit first practice and the accounts that you’re using are properly kept track of and every item is accounted for. A firm like ours at Numetrica City can also help when it comes time to file your practice’s business taxes with CRA every year, including showing you ways to save money.

Payroll is a Breeze

For most dental practices, payroll becomes a bi-weekly or monthly full time headache and all-consuming thing. In most cases, you have someone hired to handle both your day to day bookkeeping and also someone else to handle your payroll. When you hire an accounting firm, you’re getting two for the costs of one in most cases. An accounting from can handle all the necessary payroll for your dentistry practice, and do it effortlessly. Leaving you more time to focus on what matters, your patients. Another huge benefit in this area is that all the payroll taxes and accounting for those would be handled by the same people who are filing your CRA taxes and working with managing those areas of your practice. This just helps make your practice run smoothly and can give you ease of mind.

Virtual CFO

When you hire an accounting firm like Numetrica City to handle your accounting needs, you’re getting far more than just someone keeping track of your books. You’re getting a virtual CFO that will handle things like quarterly reports, budgets, profit and loss sheets, and the many different facets of financial management that you would get out of a dedicated CFO. This kind of work allows for you to see the health of your business throughout the year without having to be the one to stress about it. Plus, you’re getting financial guidance and advice to help grow your practice.

If you’re looking to move your dentistry practice into a profit first system, or just have better accounting practices, don’t wait, call Numetrica City today. Our accounting experts are exactly that for dentists in Ottawa… experts at what we do!

Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Are you frustrated with collecting documents and k...
2023 Ottawa Accounting & Bookkeeping Excellence Aw...


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Tuesday, 27 February 2024

One-Stop Shop for Accounting
and Bookkeeping in Ottawa

Frequently Asked Questions - FAQs

Does Numetrica offer tax services for small businesses in Ottawa?

Absolutely! Numetrica is your expert small business accountant in Ottawa, dedicated to providing exceptional tax services tailored for the unique needs of small businesses. We are committed to delivering expert tax preparation, accurate filing, and insightful strategic planning. Our tax services are designed to efficiently minimize tax liabilities and enhance deductions, ensuring that your small business not only adheres to the latest tax regulations but also optimizes financial opportunities.

What makes Numetrica different from other accounting firms in Ottawa?

Numetrica stands out as a leader among accounting firms in Ottawa for our personalized approach & comprehensive expertise in accounting & bookkeeping services. We focus on building long-term relationships with our clients, offering customized solutions that evolve with your business.

What accounting services does Numetrica offer in Ottawa?

Numetrica provides a comprehensive range of bookkeeping and accounting services in Ottawa, including financial statement preparation, tax planning, payroll services, and business coaching.

Our Ottawa accounting firm specializes in both personal tax and corporate tax services, providing tailored solutions to meet the specific needs of your business or personal finances. Whether you're a growing business seeking robust corporate tax strategies or an individual in need of personalized tax guidance, Numetrica is equipped to deliver excellence.

How can Numetrica's bookkeeping services benefit my business in Ottawa?

Our bookkeeping services in Ottawa offer meticulous record-keeping and financial analysis, helping you make informed decisions, maintain cash flow, and streamline your financial processes. We use the latest software and practices to ensure your finances are managed efficiently.

How much does bookkeeping cost in Ottawa?

The cost of bookkeeping services in Ottawa can vary widely depending on several factors such as the size of your business, the volume of transactions, the complexity of your financial needs, and the level of expertise required.

Contact us detailed quote based on your specific business needs. Remember, investing in professional bookkeeping can save you time and money in the long run by ensuring accurate financial records and compliance with tax laws.

Numetrica Accounting

Awards / Featured On


Check what some of our clients are saying about our services.
  • Samantha Biron

    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
  • Jeremy Prudhomme

    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
  • Farshid Dehnavi

    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
  • Keddy Declan

    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
  • Sibeso Kehinde

    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




    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.


    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.


    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

    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.


    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.

    Your Unfair Advantage

    Stay up-to-date on the latest accounting news, tax updates, and financial tips. Stay ahead of the game and make informed financial decisions with our expert insights and analysis. Sign up now to start receiving our newsletter!

    Join our family


    Carling Dental
    David Pratt
    Vitallab Solutions
    Loon Kambucha
    Samuel Associates
    Downtown Dental

    Trust in the superhero accountants of Numetrica to keep your numbers in order and for expert advice on growing your business. Numetrica 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.