Dental Bookkeeping & Accounting Services for NJ & NY Dental Practices
You Can't Fix What You Can't See
Accounting Services for Dental Practices and DSOs.
Plenty of dental practices feel busier than ever while earning less and the reason is almost always hidden in the numbers. A general bookkeeper will include $40,000 of lab bills, dental supplies, and equipment into one account called "Supplies." That single error makes it impossible to determine whether your lab costs are 8% or 14% of collection, and 6% is the difference between a good year and a great year.
MRL Advisory Group delivers dentistry specific bookkeeping and financial reporting that shows exactly where your money is going: payroll, lab fees, dental supplies, merchant fees, and whether busy days are reaching the bottom line. Clean, dental specific financial statements make KPI analysis, tax planning accurate, and your practice more valuable when you sell.
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We build your book on a dental specific chart of accounts so your categories have meaning and your overhead percentages can be compared against industry benchmarks and KPIs. Payroll gets segregated by function - hygiene, associate, front office, assistant, because "total payroll" tells you nothing, but "hygiene payroll as a percentage of production" tells you everything. For multi-location groups & DSOs, we report by office so you can see the performance of each location.
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Clean, dental-specific financial statements make KPI analysis possible, tax planning and make your practice more valuable when you sell it.
Real-Time Insights for Better Financial Decisions
With decades of industry expertise, our team ensures you have accurate, real-time bookkeeping services that provide actionable financial insights. We deliver financial statements tailored to the needs of dentists and DSOs. For DSOs, we can provide detailed financial information by location, empowering you to analyze the performance of each office and make data-driven decisions to optimize profitability across your organization
Our Dental Accounting Services
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Dental ​Bookkeeping
Accurate, real-time accounting, dental specific chart of accounts, payroll segregated by function, and fixed-asset accounts maintained for depreciation planning.
Financial Statements & Reporting
Understand your practice’s financial health with detailed, intuitive reports. Our financial statements reveal exactly where your money is being spent, how profitable your operations are, and how effectively you are managing cash flow, while providing location-specific insights for DSOs
Accounting Records Clean-Up
Organize and streamline your records for accurate financial reporting, planning & forecasting.
Payroll Processing
Simplify payroll and tax filing, saving you time and avoiding costly errors.
Dental Accounting Frequently Asked Questions
Why do I need a dental specific bookkeeper?
A general bookkeeper records transactions and doesn't understand dental specific expenditures. A dental bookkeeper knows dental specific vendors, properly classifies dental supplies, dental equipment & lab bills, identifies payroll by dental function including hygiene, associate dentist, & administrative salaries. This helps provide accurate information to measure KPIs.
Can you clean up books and records?
Yes, catching up and cleaning up books and records is one of our most common first engagements. Our dental bookkeepers will get your books accurate and current.
Do you report by location for multi-office groups or DSOs?
Yes, we can provide consolidated financial statements and office-by-office detail so you can compare performance by location.
Why Choose MRL Advisory Group?
With over three decades of experience in the dental profession and DSOs, we understand the unique challenges you face. Our goal is to provide the tools and insights needed to strengthen your financial foundation and drive growth, whether for a single practice or a multi-location organization.
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Ready to streamline your financial management? Partner with MRL Advisory Group for expert accounting services designed specifically for your dental practice or DSO.
