It’s no news that dentists are busy humans, always running here and there to meet up with schedules, give quality dental care to patients, and make money for the practice. Due to this, they hardly have time to engage in a proper sit-down with their dentist CPA in San Diego.
When they eventually manage to honor those appointments, they pay little or no attention to whatever is being discussed. Suffice to say that many dentists hardly get the time and energy to ensure that accountants are doing their job and are charging the ideal price.
If you’re in the category painted above, the chances are that your accountants are taking advantage of your unavailability and charging more than necessary. It’s even easier for them to bill you unfair prices when they notice you don’t ask for a breakdown due to your lack of interest or understanding of how things should work.
Spending more than necessary on accounting fees is bound to have a toll on your finances sooner or later. If this tradition gets sustained, you’ll sooner find out that you hardly have enough funds to take care of other essential things at your practice, which will hurt the business’s well-being.
Suppose you’ve been finding a solution to cut down on unnecessary spending and extortion on your accountant’s part. In that case, this article will be examining three accounting cost reduction tips to consider adopting for your dental enterprise.
1. Go Digital
The excuse of having to print or scan lots of paper documents into PDFs is one that many accountants can hold over you to get you to pay excessive charges. If you want to prevent this from happening, your best bet is to stop mailing physical documents to them.
The reason for this idea is that when you send them paper documents, they’ve got to go through the stress of making copies, an act that has financial implications. For every minute spent scanning those paper documents into PDFs, you get charged.
So, instead of mailing paper documents, please make efforts to scan, organize, and send them to your dentist CPA in San Diego via email. Organizing the scanned documents is highly essential to avoid wasting their time and getting yourself charged extra.
2. Avoid Delaying Communications
It’s highly understandable that as a practice owner, you’re always busy. Being busy is good because it means you’re making money. However, when it comes to relating with your dentist CPA in San Diego, you’ve got to learn to iron out issues as they come. Communicating consistently with them ensures you don’t spend more money than necessary for consultation.
For instance, if there’s a matter you’ve been deliberating with the accountant that requires you to get back to them, ensure you do so as soon as possible. If you take time to reach out to them, they might have forgotten and might require more time to go back through everything, which translates to more money in consultation. So, make a habit of discussing issues when they’re still fresh.
3. Stick to Essential Services Only
To ensure you don’t incur extra accounting charges, stick to only essential services. They include taxes and financial statements. You can outsource every other aspect for cheaper amounts.