HEALTHCARE

Practitioners in the healthcare field rely on BPI for accounting and advice: physicians, veterinarians, chiropractors, dentists—even pharmacy and home healthcare services. 

BOOKKEEPING & ACCOUNTING SERVICES

Bookkeeping Plus provides timely, accurate bookkeeping and accounting for the healthcare industry.

SALES & ACCOUNTS RECEIVABLE

EXPENSES & ACCOUNTS PAYABLE

FINANCIAL STATEMENTS

  • Enter daily revenue transactions

  • Record deposits

  • Separate out sales for related functions, such as sale of product

  • Review A/R aging

  • Enter invoices from vendors and suppliers

  • Reconcile invoices to statements

  • Pay monthly recurring invoices

  • Enter manual checks written by client

  • Maintain prepaid-expense schedules

  • Post monthly expense accrual entries

  • Prepare and pay monthly sales tax

  • Make payments to vendors

  • Track A/P including aging

  • 1099 forms to vendors and independent contractors

  • Accrual basis reports, prepared monthly

  • Prepare Balance Sheet, Profit and Loss, Budget-to-Actual, Previous Year Comparison

  • Provide information to bankers or CPAs upon client request

  • Reconcile bank and credit card accounts

  • Reconcile"due to/from" accounts for affiliated companies

  • Cash Flow statements; cash management; forecasting

INVENTORY MANAGEMENT

  • Set up accounting system to manage inventory

  • Resolve inventory tracking issues

  • Provide inventory reports

PAYROLL & RETIREMENT

Many of our clients want BPI to process payroll in-house, in which case we also prepare payroll tax payments, payroll returns, and detailed payroll reports. Some clients use third-party payroll providers. We can usually make payroll entries directly into their system, and subsequently prepare the desired reports. Either way, we process payroll for in-house and third-party providers, including:

  • Calculate time cards (if requested)

  • Track payroll expenses by department

  • Input into software for both payroll and taxes

  • Make tax payments

  • Prepare all tax filings

  • Prepare year-end tax reports including W-2s

  • Retirement fund calculations, payments, and reports

ADVISING, CONSULTING, & TRAINING

Here are some of the areas where BPI can provide consulting ideas to improve your financial performance:

  • Budgeting: Assist with creating annual budgets, based on historical data or industry standards; prepare budget-to-actual reports throughout the year

  • Department Tracking: Provide tracking by class to offer snapshots of various departments within the clinic

  • Cost Efficiency: Advise on reducing vendor costs

  • Training: System setup and procedures; internal controls

WILL THESE SERVICES HELP YOU SUCCEED?

Call us and ask for CEO Beth Marsh.  She will personally listen, evaluate your needs at no charge, and honestly advise you on if Bookkeeping Plus is the best firm for you. 

CALL US

Tel: (317) 462-2049

EMAIL US

OFFICE HOURS

Mon - Fri: 8am - 5pm

SOCIAL LINKS

  • LinkedIn

OUR SERVICES

VISIT US

232 E. McClarnon Drive
Greenfield, Indiana 46140

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