#Outsource Bookkeeping for Doctors

[mavassistant]

You Should Hire A Virtual Assistant & Here’s Why

To Hire a Virtual Assistant is a suitable solution for your business if you are tired of spending hours in front of the computer without free time for yourself, your friends, or your family. You might be wondering if hiring a Virtual Assistant is worth it.

We’ve all heard about how a Virtual Assistant can help your business succeed. But how? Here’s a list of ten reasons you must hire a Virtual Assistant (VA) to help reach your goals.

What is a Virtual Assistant?

A Virtual Assistant provides remote services to different brands and businesses. Additionally, Virtual Assistant offers numerous benefits in the business, such as:

Grasping the most potential talent that your business needs

Less supervision

Reduces the workload

Keeps business owners away from entrepreneurial burnout

Despite these benefits, there’s a big decision to make regarding outsourcing. And since business owners always aim for success, they will undoubtedly take risks. This is due to the reason that VA leverages the business’s utmost potential.

Virtual Assistants can help everyone needing assistance, such as:

Business owners

Coaches

Teachers

Real Estate professionals

Doctors

Brands

Influencers

Embracing a Virtual Assistant means delegating remotely and with some training, especially on the client’s preferences. Thus, business owners can enjoy a work-life balance and focus on the essential tasks alone.

There are millions of Virtual Assistants ready to assist clients today. They are primarily in administration, sales, marketing, finance, customer service, human resource, IT, creatives, and many others. Virtual Assistants can work hourly or with fixed-rate jobs starting at $5/hour or $500 monthly.

Virtual Assistants Today that can Help Clients

Most of these Virtual Assistants are skilled and trained. These are some of the fields Virtual Assistants today can help clients with:

Executive Virtual Assistance

Social Media Management and Marketing

Search Engine Optimization (SEO)

Real Estate Virtual Assistance

ClickFunnels

Email Marketing

Shopify

Project Management

Copywriting, Editing, Proofreading

Online Bookkeeping

Video Editing

Web Design

Facebook Ads Marketing

eBay, Facebook Marketplace, Etsy, and Poshmark Virtual Assistance

Graphic Design

Amazon

Podcast Management and Marketing

Online Teaching

Brand Marketing and Advertising

Online Accounting

Full Stack Development

App Development

Business and Product Development

Xero, Wave, FreshBooks, and ZipBooks

Quickbooks, MYOB, Zoho, and AKAUNTING

Digital Marketing

ChatBot Marketing

Customer Service, Sales, and Support

Human Resource Management

Coding Designs and Procedures (Architecture and Engineering)

Online School Management

Top Three Reasons Why you Need a Virtual Assistant

1. Reduce Costs

Onboarding a new employee means additional expenses. Thus, when business owners hire a Virtual Assistant, it saves costs for training, benefits, and other fees. Considering a VA is an independent worker. Business owners can spend on something other than leave credits and benefits like a regular employee receives.

2. Saves time

Most of the VAs have experience in their expertise. This means that you can skip training. They know what to do and have the knowledge and skills to impact your business growth. And since VAs are remote workers, they know how to manage their time and tasks well. On top of that, a Virtual Assistant can multitask while ensuring quality outputs.

3. Proper tasks delegation

When you outsource, you are delegating tasks effectively. Why is that so? As your business is continuously growing, tasks are also increasing. In that case, you need to leverage a Virtual Assistant’s abilities in coping with duties. Similarly, your office employees can focus on their tasks, and you, as the owner, will focus on and prioritize core duties.

Where to Find an Effective Virtual Assistant?

Besides the services a VA can do for your business, a VA’s help will empower your business strategy. Now, are you ready to embrace a Virtual Assistant in your business?

But, before that, you need to be aware of where you can spot an excellent Virtual Assistant. And here are the top three best places to find a VA.

Initially, you can find a VA on any social media platform like Facebook, Instagram, Twitter, Linked In, and Pinterest.

Another one is Virtual Assistant Companies like Real Estate VA Agencies.

And last is the place where competitive VAs dwells, the freelancing websites.

Which is the right place to find a great VA? According to a DDIY study, 33% of 500 established companies worldwide outsource using freelancing websites. In short, this implies that freelancing websites are a great place to spot, especially for newbies. This is because the freelancing website displays portfolios showcasing the VA’s expertise and experience. Therefore, by looking at their portfolios, you can illustrate how a VA provides value to your business.

Now, are you excited to hire a VA? You can sign up with Surge now! Because this site aims to provide excellent VAs and ensure the VA’s capabilities through in-house training and apprenticeship programs, you’ll experience a BIG difference in your business!

How to Hire Virtual Assistants

The process is easy.

1. To begin with, SIGN UP to hire here: https://surgedigital.agency/.

– Fast verification

2. Afterward, POST a job and get applicants.

– With at least 5,000+ (and growing each month) freelancers from different expertise

– All trained, experienced and screened for you

3. Finally, HIRE the most fitting freelancer for your business.

– Start getting leverage right on day one!

Or you can also contact us now for more details.

Source: https://courses.thesurgemarketplace.com/hire-a-virtual-assistant-2/

You can also visit our website for more info: https://mavassistant.wixsite.com/mava

[matriarchs-blog]

Specialized doctors can be a powerful leverage point in Healthcare business.

Book a free 15-minute appointment: https://app.acuityscheduling.com/schedule.php?owner=18014297&appointmentType=37077195&fbclid=IwAR0o9uvp_7T74C5vHCGUbf5bsSPZzAridlacM0nPvT2MF8D13uBcsvwJsow

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[techassistanthub]

"Services and Activities You Can Outsource to Virtual Assistants in 2024"

In today’s fast-paced world, managing both personal and professional tasks can be overwhelming. However, virtual assistants (VAs) have become a game-changer, helping people manage their workloads efficiently. By 2024, the range of services and activities you can outsource to VAs has expanded remarkably. Here’s a comprehensive guide to understanding what tasks you can delegate to virtual assistants to save time, increase productivity, and focus on what truly matters.

Administrative Tasks

1. Email Management

Virtual assistants can handle your email inbox by sorting through messages, responding to routine inquiries, flagging important emails, and even unsubscribing from unnecessary newsletters. This ensures you never miss important communications, and your inbox stays organized. Get Remote Agents provides you with the best administrative virtual assistance in Long Island.

2. Scheduling and Calendar Management

VAs can take over scheduling appointments, setting reminders, and managing your calendar. This includes coordinating meetings, rescheduling appointments, and sending follow-up emails. With a VA handling your calendar, you’ll never double-book or forget an important meeting.

3. Data Entry

Entering data into spreadsheets or databases can be time-consuming. Virtual assistants can handle this tedious task, ensuring accuracy and freeing you up for more critical activities.

Customer Support

4. Customer Service

VAs can provide customer support via email, chat, or phone. They can answer common questions, troubleshoot issues, process returns, and provide information about products or services, ensuring your customers receive timely and helpful responses. Get Remote Agents provides you with the best remote customer service representative in Long Island.

5. Managing Social Media Inquiries

social media is a vital communication channel. Virtual assistants can respond to comments, messages, and reviews on platforms like Facebook, Instagram, and Twitter, helping to maintain a positive brand image and engage with your audience.

Content Creation

6. Writing and Editing

From blog posts to newsletters, virtual assistants can create, proofread, and edit content. They can also assist with writing social media posts, product descriptions, and email campaigns, ensuring your content is polished and professional.

7. Graphic Design

If you need visuals for your website, social media, or marketing materials, VAs with graphic design skills can create logos, banners, infographics, and other visual content that aligns with your brand identity.

Digital Marketing

8. Social Media Management

Virtual assistants can schedule and post content on your social media accounts, track engagement, and analyze performance metrics. They can help grow your online presence and keep your audience engaged with regular, quality content.

9. SEO and Website Maintenance

VAs can help optimize your website for search engines by conducting keyword research, updating meta tags, and creating SEO-friendly content. They can also handle routine website maintenance, ensuring your site runs smoothly.

Financial Tasks

10. Bookkeeping

Managing finances can be complex and time-consuming. VAs can assist with tasks like invoicing, tracking expenses, reconciling accounts, and preparing financial reports, helping you keep your finances in order.

11. Payroll Management

For small business owners, handling payroll can be daunting. VAs can manage payroll processing, ensuring employees are paid accurately and on time, and handle related administrative tasks such as updating employee records and preparing tax documents.

Personal Assistance

12. Travel Planning

Whether for business or leisure, virtual assistants can plan your travel. They can book flights, hotels, and rental cars, and create detailed itineraries, ensuring your trips are well-organized and stress-free.

13. Personal Errands

From ordering groceries to scheduling doctor’s appointments, VAs can handle various personal tasks, freeing up your time for more important activities.

Research and Analysis

14. Market Research

Virtual assistants can conduct market research, gather data on competitors, analyze trends, and compile reports. This information can be invaluable for making informed business decisions and staying ahead of the competition.

15. Product Research

If you’re planning to launch a new product, VAs can research suppliers, compare prices, and gather customer feedback to help you make the best choices for your business.

Specialized Services

16. Project Management

For businesses with ongoing projects, VAs can take on the role of project manager. They can track progress, coordinate with team members, manage deadlines, and ensure projects stay on track.

17. Event Planning

Planning an event, whether a corporate conference or a personal celebration, requires meticulous organization. VAs can handle venue selection, vendor coordination, invitation management, and logistics, ensuring your event runs smoothly.

Technical Support

18. IT Support

VAs with technical skills can provide IT support, troubleshoot software issues, manage updates, and ensure your systems are running efficiently. This is particularly useful for small businesses without a dedicated IT department.

19. Software and App Management

Virtual assistants can help you manage and integrate various software and apps that your business uses. They can set up new tools, manage subscriptions, and ensure you’re utilizing these technologies effectively.

Conclusion

Outsourcing tasks to virtual assistants in 2024 are more beneficial than ever. From administrative tasks to specialized services, VAs can handle a wide array of activities, allowing you to focus on your core responsibilities. By delegating these tasks, you can save time, reduce stress, and improve your overall productivity. Whether you’re a busy professional or a small business owner, leveraging the skills of virtual assistants can be a smart move towards achieving your goals. Get Remote Agents provides you with the best remote customer service representative in New York.

[mdbookkeepingdoctor]

Remote Bookkeeping Services For Startups

Using Remote Bookkeeping Services for Startups is one way to save money, time, and energy. Virtual bookkeeping is a way to keep track of all financial transactions for a company. It's also a way to make sure everything is organized and kept up-to-date.

Online Bookkeeping Is Cheaper Than Outsourced Bookkeeping

Whether you are a new business looking for affordable and reputable bookkeeping services, or an established company with a large team, there are several options available to meet your needs. Using an online service can be an affordable and effective way to handle your accounting and bookkeeping needs.

The best virtual bookkeeping services cost between $200 and $400 per month. They offer a wide range of bookkeeping solutions and easy access to a dedicated bookkeeper. The prices are dependent on the type of services you need. A full-service outsourced bookkeeping solution may cost up to $900 or more per month. These costs include the cost of an employee, along with training, employee benefits, and equipment.

A part-time bookkeeper may perform smaller tasks. These costs vary greatly depending on the size of the business. If you are a small business with only a few employees, you can save thousands of dollars a year by hiring an outside firm to handle your bookkeeping. Virtual bookkeeping is a way to record, store, and manage all financial transactions for a company.

Also, read about Choose the Best Online Bookkeeping Service for Your Business

Whether you are starting a business or expanding your existing one, virtual bookkeeping can help you achieve your goals. Having an efficient bookkeeper will help you stay on top of your finances and make smart decisions. Using a virtual bookkeeping service can increase your cash flow and boost your revenue. Choosing a reliable bookkeeper can also give you the peace of mind that comes with knowing your books are in order.

They offer a flexible pricing structure and a 30-day money back guarantee. They can scale their services as needed. Unlike traditional bookkeeping services, virtual bookkeepers can access financial records on a secure server in a remote location. This gives them a competitive edge. The bookkeeping industry in the United States is estimated to be around $69 billion. Nearly 300,000 bookkeeping businesses exist in the country. Using a virtual bookkeeping service can save you time and money. Your books will be updated in real time and you will have access to reports that you can use to analyze your profit. This can be especially helpful during tax season.

When you choose a virtual bookkeeping service, you should be able to choose a package that is right for you. Most services offer a variety of add-on services. These can include financial planning, loans packages, and more.

MD Bookkeeping Doctor is a trusted Remote Bookkeeping Services provider company, invested in providing a very easy and budget-friendly quality service.

Also, read about Small Business Tax Services: What You Should Know?

Resource URL: - https://bit.ly/3FTQLws

[sandyc100]

PROGRAMS FOR MEDICAL ACCOUNTING

You'll need the right accounting and bookkeeping software and tools if you want to be successful in your medical practise. Using the right technology can help you provide better patient care, be more productive, save time and money, and require less accounting and bookkeeping work. Some of the most essential tools for your medical practise include the ones listed below: Intuit's QuickBooks Online:

Make sure a software package satisfies all of your criteria before choosing it for your UK outsourced accounting services. The QuickBooks Online programme is one of them. If you are in charge of a small private practise with only a few doctors, QuickBooks Online is a great option. This programme enables you to keep track of earnings, bill patients, organise your records, and employ accounting outsourcing in the UK to help your medical practise. It is regarded as one of the top software programmes for management accounting services available. It is a small medical office-specific cloud-based accounting system. You can communicate with your team, bookkeepers, and accountants online and have access to your financial data at any time and from any place.

Reconciling bank and credit card accounts with QuickBooks Online improves transaction accuracy and reduces fraud. You may generate invoices, collect payments from clients and insurance companies, and take care of your sales tax requirements with the integrated invoicing tool. QuickBooks Online has a "classes" or "locations" option that you can use if you have a lot of locations, want to keep track of your spending, and want to test the effectiveness of various strategies. If your practise offers a range of specialties, you can monitor the performance of each service line. An useful resource for tracking expenses and creating budgets is Text Prepare. Because the programme can photograph receipts and invoices and automatically extract the necessary information from them, you don't need to save physical copies of your receipts and invoices.

By requiring less human data entry for receipts and bills, Text Prepare enhances accounting and bookkeeping outsourcing services. Export the transaction to your accounting programme after you have verified the information. Simply said, every one of your documents is accessible via the cloud. This solution's integrated platform does a great job of compiling all supplier invoices. You are able to keep track of all payables at your clinic because your documentation is organized.

Plooto: Your business needs a variety of things, including medical supplies and personal safety gear. It will be crucial for you to be able to properly manage payables, interact with suppliers, and keep an accurate inventory of all the materials needed to treat your patients.

A great tool for managing vendor payments is Plooto. By enabling you to plan and approve vendor payments online, it streamlines your payables process. There is no longer a need for checks, and an audit trail is still available. Plooto assists you in making all of your payments on time and enables you to take advantage of early payment incentives, helping you maintain solid and advantageous relationships with your vendors.

Payworks:- Each medical practise spends a lot of money on labour. How much you pay your doctors, practise managers, and front-desk employees is entirely up to you. Regardless of the size of your practice, use a payroll software solution like Payworks to assist you in managing your payroll.

The likelihood of mistakes in deductions and penalties increases when manually computed accounting is outsourced. It takes a lot of time and is ineffective. By computing payroll deductions for each employee and submitting them on your behalf to the Canada Revenue Agency, Payworks helps you save time.

Your medical practice's bookkeeping will be lot simpler with the right equipment. To save time and money, think about integrating technology into your business. Mindspace is aware of all the techniques that could help your clinic get a better handle on its finances because we stay up to date with the most recent accounting software and technology. Please get in touch with us to learn more about how we can help your medical practise utilise cutting-edge technology while streamlining every aspect of your accounting procedure.

[outsourcebookkeepingservice]

Outsource Bookkeeping for Doctors

Efficient and reliable outsource bookkeeping for Doctors & medical practices require an intimate knowledge of how medical companies work. outsourcebookkeepingservice is an online bookkeeping firm with expertise in assisting physicians and other medical practices with their Bookkeeping and accounting needs.

[mxllusk]

6 ways succeed in local business

Small businesses take several shapes and sizes. According to a record by SageWorks in 2016, these are amongst the markets and locations of service with the highest possible web revenue margins, or the portion of revenue left after eliminating expenses associated with supplying goods and also services. While not an excellent indicator of success, these industries use a terrific perspective for those looking for a stable, secure industry in which to introduce a recently established enterprise. Look here for successful business examples!

1. Accountancy Solutions

As one of the core service functions sustaining nearly every type of specific as well as company, accountancy solutions are trendy-- and also clients are willing to pay. With solutions that incorporate business outsourcing, individual economic planning, accounting, and tax prep work, this vibrant field uses significant possibility. There are next to no overhead startup expenses for experts outside of the workplace, software, very little workforce, and also electronics.

The average web revenue for bookkeeping solutions companies is available at 18.3 percent, offering an environment with lots of chances for gain as well as plenty of margin for mistake. A global need, bookkeeping solutions remains a consistently favourable market for business growth. Nonetheless, the barriers to entry in bookkeeping are quite high.

Successful accounting professionals in every service area frequently have a high degree of education, at minimum, an undergraduate degree. Those with a more advanced ability may have a Certified Public Accountant certificate, or an IRS Enrolled Representative accreditation. While more challenging to get, experts with these kinds of added credentials can require higher rates and also will consequently produce higher profits.

2. Legal Provider and Legislation Firms

The lawful market is essential throughout a wide range of personal and expert areas, offering assistance for individuals and also organizations alike. One way or another, practically everybody will undoubtedly require a lawyer, as the legislation isn't an area in which the amateur can practice. Law firms, just like bookkeeping solutions, can offer varied skills, including:

Because of the resemblances between accountancy and regulation in terms of universal demand, it's not a surprise the ordinary internet profit margin for legal solutions as well as law firms in the small company market was available in at 17.4 percent in 2016. However, like accountancy, the obstacle to access in regulation is exceptionally high.

Lawyers need to participate in a four-year undergraduate program, go to law college, and after that pass the state bar exam. Also, some attorneys practice in slim fields, so a firm with numerous focuses may need an additional team and therefore call for higher human resources costs.

3. Realty Sales and Leasing

The property market has rebounded dramatically since 2008, providing a wealth of both inexpensive and high-end housing choices across the country. This is particularly true in the rental market, as the millennial generation is not acquiring residences at the same prices as coming before ages. There are many more renters today than at any time since 1965, demonstrating a booming market with no signs of slowing down. While home acquisitions among millennials might not be at the levels of previous generations, the purchasing and also marketing realty isn't without perspective, either. Sooner or later, the majority of people will certainly need to get a house or manufactured home, putting you in position to earnings.

With a typical web earnings margin of 17.4 percent for leasing and 14.8 percent in sales, realty has a lot to offer. While management workplaces, sales representatives, brokers, as well as property owners have to display diverse skills-- bookkeeping, payroll, administration, repair work, organizing, marketing, and upkeep capacities are all critical elements in a successful real estate office-- no details levels or histories are required to prosper in the property. Expenses prices tend to be also reduced;, representatives can function from nearly anywhere.

4. Outpatient Care Centers

Outpatient healthcare is a unique field, attending to individuals' requirements without permanent beds, ongoing staff members, or the licenses and also allows required to host patients overnight. Instead, in these facilities, people receive care, whether medical or surgical and return house the same day.

Outpatient facilities require accessibility to medical professionals and also registered nurses that are licensed to practice, and also this does not come inexpensive. The costs of getting going in outpatient care can be high also, as any type of significant treatment or perhaps a standard check-up needs a significant investment in expensive clinical tools. Nevertheless, web margins are still proficient at 15.9 percent, mainly due to the price of treatments and clinical reimbursements. Expenses of a basic outpatient treatment can get to $15,000 or more also after an insurer discount, providing a constant stream of income into these kinds of services.

5. Copywriting

Copywriting offers a beneficial objective in the market, linking talented authors with firms in need of promotional services. Over the last few years, the need for high quality internet duplicate has increased, increasing the requirement for skilled specialists. Today's copywriters create marketing and advertising products: a realm that currently includes social networks advertisements, internet site copy, post, as well as also email messages.

Copywriting requires no official education, making this industry fairly simple to adopt, also for those without experience in material production. There is likewise no demand to buy a pricey industrial area; most copywriters work from house on a self-employed basis and pay really bit in overhead expenses.

Need permanently authors is high, making purchase of work rather straightforward for those seeking clients. However, composing does not necessarily come easy, and also only those with a real talent for language will succeed in this specific niche area.

6. Dental Workplaces

Oral health is a vital part of preserving overall health, with preventative consultations advised two times a year for the ordinary American. While not everybody stays with this timetable, oral services are required in every location, serving both adults as well as youngsters. Better, dental care ends up being essential when problems like tooth cavities and also gum disease develop, producing a lot more benefit those in the oral career.

With an ordinary net profit margin of 14.1 percent, the dental sector provides lots of room for success for those with ample training. Entering into dentistry can be quite challenging; dental experts should acquire both a bachelor's degree and a doctorate in dental care, with dental hygienists calling for a minimum of two years of institution. Dental equipment can be expensive as well, with chairs alone costing $3,000 or more. Nonetheless, oral treatments are frequently expensive, with the typical cleansing setting you back $288 as well as added prices for fillings, x-rays, removals, and also root canals.

[cerentasci]

Bookkeeping Tips for Healthcare Professionals

If you are a doctor, a nurse, or a member of a healthcare team in Garland, Texas, it is expected that your main priority is to ensure the well-being of your patients by delivering quality healthcare services. Whether you own a clinic, work in a healthcare institution, or serve as a consultant in a medical facility, your focus should be on growing your profession in a sustainable manner. As a healthcare provider, you did not go into private practice to spend time doing your own bookkeeping. While you can outsource bookkeeping to a professional, it is also ideal to learn bookkeeping best practices that can simplify the task. Here are Garland bookkeeping tips for healthcare professionals that you can follow.

Separate Personal and Business Spending

As a healthcare professional in Garland, you are well aware of the importance of maintaining boundaries with clients. Just as you wouldn’t want to share personal information with a client, you also don’t want to mix your personal and business finances. This can lead to confusion and bookkeeping problems down the line. By keeping your business and personal spending separate at all times, you can avoid these problems and maintain a healthy boundary between your work and home life.

Understand the Basics of Taxation

Garland healthcare professionals are required to pay taxes, just like with business owners. However, you may not be aware of the different tax deductions and credits that you may be eligible for as a healthcare professional. Learning about these can help you save money during tax season. You may also want to consider hiring a professional bookkeeper to keep you up to date on the latest changes in tax law. This way, you are taking advantage of all the deductions and credits you are entitled to.

Keep Detailed Records

One of the most important financial tips for healthcare professionals is to keep detailed records of all your income and expenses. This may seem like a daunting task, but it will be worth it in the long run. Having detailed records will make it much easier to do your taxes, track your spending, and make informed decisions about your private healthcare practice.

Hire a Professional with Healthcare Bookkeeping Expertise

It is ideal to obtain the services of a Garland bookkeeping company with experience in managing and organizing the bookkeeping needs of individuals in the healthcare industry. They are highly skilled when it comes to the unique requirements and challenges of healthcare professionals in terms of bookkeeping. These financial experts will help avoid costly mistakes and will instead work on finding solutions that will result in long-term savings.

Healthcare bookkeeping specialists are vital to the overall strategy of a healthcare professional in providing superior-quality and cost-efficient services while still meeting high standards. By working with a Garland bookkeeping expert, healthcare professionals in the area can invest their time and effort in patient care without worrying about their overall financial health. If you are looking for a healthcare bookkeeping service, Genesis Business and Tax Business Services is at your service. We understand your unique financial needs as a healthcare professional and can tailor our services to fit your specific requirements. Contact us today to learn more about how we can help you streamline your bookkeeping processes.

[supportingstrat01]

Bookkeeping Tips for Doctors and Healthcare Practices

Check out our professional bookkeeping tips on best practices that can help you operate your medical practice more efficiently and improve cash flow.

Bookkeeping for healthcare and medical practices can be complex. From working with insurance and third-party billing companies to preparing financial information for your board, bookkeeping for doctors and healthcare practices requires specialized knowledge. Here’s how you can improve cash flow and provide timely, accurate data to your CPA and board.

Keeping the ‘Flow’ in Cash Flow

Healthcare practices face unique billing challenges. They have to navigate a complicated insurance bureaucracy that includes explanation of benefits (EOB), the process in which the insurance company determines how much of the cost of a given procedure they will cover and how much is the patient’s responsibility. So even in a best-case scenario, your practice has to collect from two different sources for each bill, which can slow collection considerably. If the patient disputes the insurance company’s EOB, that can delay payment for weeks, or even months.

It’s important for a healthcare practice to do everything it can to ensure steady cash flow. That incudes billing promptly for each procedure and using the proper current procedure terminology (CPT) code to avoid delays or inadvertently undercharging for services.

An easy way to improve cash flow at your healthcare practice is to regularly run your accounts receivable aging report, so you can immediately pursue any account that is more than 90 days out of date. Running these reports frequently and following up with late accounts will help you keep your cash flow on track.

Up-to-Date Financial Data for Your CPA and Board

An outsourced bookkeeping and controller services provider can help streamline your healthcare practice in other important ways as well. A bookkeeping pro knows how to document and track all of the financial data you’ll need to deliver to your CPA at tax time, for example. This not only helps avoid potential fines for late filing, but also helps you optimize the time your CPA spends working on your taxes.

Do you have to prepare reports for a board of directors or other governing body? Professional bookkeeping support can help with that, too. Just as they can provide timely, thorough records for your CPA, an outsourced bookkeeper can tailor reports for whatever requests the board might have, including cash flow forecasts. Responding to such requests quickly, with accurate, up-to-date data also improves communication and builds your board’s confidence in you.

Gain the Time to Focus on Your Patients

Just as your patients trust their healthcare to an expert in the medical field, you can ensure your business has the right care by trusting your bookkeeping to industry professionals. With professionals taking care of your books, you can keep your focus on your patients.

At Supporting Strategies, our experienced, U.S.-based professionals use secure, best-of-breed technology and a proven process to provide a full suite of bookkeeping and controller services. Are you ready to learn how you can move your business forward? Contact Supporting Strategies today.

[michaelpierce]

When should I hire an accountant for my company?

Have you opened, or are you thinking about starting a business? Then this article will be helpful for you!

Check out our blog on when to consult and hire an accountant for your company!

The importance of the accountant for companies

Every company needs to keep its payment slips, articles of association, statements, balance sheets, and accounting books, among others, and this is a job for the accountant!

In US, we face complex conditions in taxation and inspection by the Government. This situation only reaffirms the importance of an experienced Accountants-On-Site for your company. An accounting professional will keep the bureaucracies well attended and delivered to the Government to advance with information strategic and managerial for your business.

In addition to knowing and knowing how these procedures work, the accountant also analyzes the company's performance and acts in risk management and financial development to assist in making important decisions for the enterprise, which is essential for the success of its business. Business.

Is it mandatory to have an accountant in my company?

An accountant in your company is not mandatory, but accounting services are. So, the most logical practice is either to have an accounting office that will provide the accounting service for your business or to have a professional in your internal team.

The role of the accountant in companies

Previously, we talked about the importance of the accountant in a company, but do you know the role of this professional in your business?

Hiring an accountant or accounting firm can significantly help the company's growth. Their work goes beyond dealing with bureaucracy. It acts directly in reducing business risks and, of course, reducing costs and opening a business in the right way.

In addition, the accountant will help your company to control the taxes payable and carry out tax planning, analyze the company's performance and ensure its tax regularity, keeping its tax obligations up to date.

Five moments when the accountant is indispensable for a company

And to finish this content, we want to talk about when the entrepreneur should hire an accountant and accounting firm for the company.

In summary, the entrepreneur can count on an accounting office both for specific services and for a lasting partnership for his business, but what cannot be denied is that from the beginning of a company, the accountant is fundamental. After all, the company doesn't get off the ground without your services, does it?

So, see the central moments – and signs – that you should count on the accounting service:

At the formal opening of your company

in bookkeeping

In the issuance and delivery of accessory obligations

Monthly Labor and Social Security Advisory

At the closing of your company

In addition to these services, the accountant is also indispensable for the entrepreneur as an individual, such as accounting for doctors and health professionals who have not formalized their business as a company.

Hire an in-house professional or outsource accounting services? Whether hiring an in-house professional accountant or seeking a partnership with an accounting firm depends on the entrepreneur's needs.

If you are a company, it may be that having a whole team of specialists to provide the accounting service may be a good option.

Therefore, the accounting office can help – and a lot – to centralize all services (accounting, tax, and labor) in a single company.

[mdbookkeepingdoctor]

What Are Bookkeeping Services, Exactly? Let Us Explain

The importance of bookkeeping is undeniable for any growing business.  Keeping a track of your accounts is very essential to start with because this is how you will be able to understand the financial health of your business at any point in time. We do businesses for the profit and earn our living out of it but not keeping a track of your growth will certainly let you stall at some point in time. Though bookkeeping services offer a lot more than just keeping track of receipts and payments, it also manages the payroll services, scalability records, and sense of security along with a lot of other things.

What Do Bookkeeping Services Do?

Services provided by bookkeepers can be broadly classified into three important tiers of approaches. It starts with the work of developing your accounting data file by an accounting software specialist which will be designed to look after the needs of the business. A bookkeeper will be responsible to track all your payments and receipts while keeping all your transactions updated. There are a lot of other things apart from maintaining the transaction which includes looking after the payrolls, handling the deposits, maintaining the tax details, and helping you with internal or IRS audits. The last phase is handled by a controller who is responsible for all the financial accountability while closely monitoring the updated details of your data.

The Role of Bookkeepers

People often believe that the primary work of a bookkeeper is to look after the regular data entry and utmost look for the tax updates of a business. Though, bookkeeping follows much broader working roles. The idea is to maintain the accuracy of the financial inputs of the business. The data provided by a bookkeeper is very critical for a business owner because a lot of decisions might be taken based on that data. So providing accuracy towards the end of every month is what makes the bookkeeper so important. There are things like stemming the payroll or processing the payments on behalf of the company and managing other expenses that could also be performed by a bookkeeper.

Also, read about why are Bookkeeping and Accounting Services important?

How a Bookkeeping Service Benefits Your Business

The financial health of the business is very much dependent on bookkeeping services. The uniformity that a bookkeeping service can create in terms of payments, tracking data, reporting essential information, dealing with tax returns along with a lot of other things make business quite dependent on the accuracy of bookkeeping services. The team is also responsible to update the business about the likely changes that should be made to improve certain aspects and thereby improve the overall data. There is no doubt that a lot of time and money for the business is saved due to several benefits that a business seeks from a bookkeeping service.

Hiring a Bookkeeping Service

It is often a critical process to find the right team which will be able to provide you with the most precise results after all it is about the financial well being of your business. A business needs a team of experienced professionals with a lot of training and skills who could quickly incorporate the needs of the business and provide accurate data on time. Outsourcing bookkeeping services is one of the easiest ways and many credible companies are working for the same. MD Bookkeeping Doctor is one of the best companies in the business as we have a super experienced team that will help you with all the related services. Resource URL: - https://bit.ly/3fBtBAi

[arnel0311]

A complete guide in embracing virtual assistants for business success

What is a Virtual Assistant?

A Virtual Assistant provides remote services to different brands and businesses. Additionally, Virtual Assistant offers numerous benefits in the business such as:

Grasping the most potential talent that your business needs

Less supervision

Reduces the workload

Keeps business owners away from entrepreneurial burnout

Despite these benefits, there’s a big decision to make regarding outsourcing. And since business owners always aim for success, they will undoubtedly take risks. This is due to the reason that VA leverages the business’s utmost potential.

Virtual Assistants can help everyone needing assistance such as:

Business owners

Coaches

Teachers

Real Estate professionals

Doctors

Brands

Influencers

Embracing a VA means delegating remotely and with some training, especially on the client’s preferences. Thus, business owners can enjoy a work-life balance and focus on the essential tasks alone.

There are millions of Virtual Assistants ready to assist clients today. They are primarily in administration, sales, marketing, financial, customer service, human resource, IT, creatives, etc. Virtual Assistants can work hourly or with fixed-rate jobs starting at $5/hour or $500 monthly.

Virtual Assistants Today that can Help Clients

Most of these Virtual Assistants are skilled and trained. These are some of the fields Virtual Assistants today can help clients with:

1. Executive Virtual Assistance

2. Social Media Management and Marketing

3. Search Engine Optimization (SEO)

4. Real Estate Virtual Assistance

5. ClickFunnels

6. Email Marketing

7. Shopify

8. Project Management

9. Copywriting, Editing, Proofreading

10. Online Bookkeeping

11. Video Editing

12. Web Design

13. Facebook Ads Marketing

14. eBay, Facebook Marketplace, Etsy, and Poshmark Virtual Assistance

15. Graphic Design

16. Amazon

17. Podcast Management and Marketing

18. Online Teaching

19. Brand Marketing and Advertising

20. Online Accounting

21. Full Stack Development

22. App Development

23. Business and Product Development

24. Xero, Wave, FreshBooks, and ZipBooks

25. Quickbooks, MYOB, Zoho, and AKAUNTING

26. Digital Marketing

27. ChatBot Marketing

28. Customer Service, Sales, and Support

29. Human Resource Management

30. Coding Designs and Procedures (Architecture and Engineering)

31. Online School Management

Top Three Reasons Why you Need a Virtual Assistant

1. Reduce Costs

Onboarding a new employee means additional expenses. Thus, when business owners embrace a Virtual Assistant, it saves costs for training, benefits, and other fees. Considering a VA is an independent worker. Business owners don’t need to spend on the leave credits and benefits like a regular employee receives.

2. Saves time

Most of the VAs have experience in their expertise. This means that you don’t need to go deeper into training. They know what to do and have the knowledge and skills to impact your business growth. And since a VA is a remote worker, they know well in managing their time and tasks. On top of that, a VA can multitask while ensuring quality outputs.

3. Proper tasks delegation

When you outsource, you are delegating tasks effectively. Why is that so? As your business is continuously growing, tasks are also increasing. In that case, you need to leverage a Virtual Assistant’s abilities in coping with duties. Similarly, your office employees can focus on their tasks, and you, as the owner, will focus and prioritize core duties.

Where to Find an Effective Virtual Assistant?

Besides the services that a VA can do for your business, a VA’s help will empower your business strategy. Now, are you ready to embrace a Virtual Assistant in your business?

But, before that, you need to be aware of where you can spot an excellent Virtual Assistant. And here are the top three best places to find a VA.

Initially, you can find a VA on any social media platform like Facebook, Instagram, Twitter, Linked In, and Pinterest.

Another one is Virtual Assistant Companies like Real Estate VA Agencies.

And last is the place where competitive VAs dwells, the freelancing websites.

Which do you think is the right place to find a great VA? According to a DDIY study, 33% of 500 established companies worldwide outsource using freelancing websites. In short, this implies that freelancing websites are a great place to spot, especially for newbies. This is because the freelancing website displays portfolios where it showcases the VA’s expertise and experience. Therefore, by looking at their portfolios, you can illustrate how a VA provides value to your business.

Now, are you excited to hire a VA? You can sign up with Surge now! Because this site aims to provide excellent VAs and ensure the VA’s capabilities through in-house training and apprenticeship programs, you’ll experience a BIG difference in your business!

How to Hire Virtual Assistants

The process is easy.

1. To begin with, SIGN UP to hire here: https://surgedigital.agency/.

– Fast verification

2. Afterward, POST a job and get applicants.

– With at least 5,000+ (and growing each month) freelancers from different expertise

– All trained, experienced and screened for you

3. Finally, HIRE is the most fitting freelancer for your business.

– Start getting leverage right on day one!

Please do visit my website for more information.

https://learnvirtualsolution.com/

#Virtualassistant

#Searchengineoptimizationespecialist

SOURCE: https://surgedigital.agency/

[outsourcebookkeepingservice]

Outsource Bookkeeping for Doctors

Doctors and healthcare workers know that a medical practice or a doctor's office has very little space for error, particularly in the health and wellbeing of their patients. What about financial mistakes, however? It is important to ensure that you comply with tax law, legislation and health billing to increase the profitability and efficiency of our offices. A medical practice should always aspire to do its best – including handling the financial side of things. This is why we in MBA Medical give doctors and medical offices bookkeeping services.

Outsource Bookkeeping for Doctors

[johnhughes0303-blog]

Outsourced Endocrinology Billing Services

For any business, invoicing and billing is one of the most important factors in successfully running the business. This is especially true for medical practices that cannot afford long billing cycles, or the cost to hire additional bookkeeping staff. Medical billing outsourcing helps to streamline the process, allowing the staff to focus on caring for their patients. As a small business owner in any sector, there are a lot of things to worry about. Invoicing and billing is one of the most important factors because without income from services rendered, any business will quickly default on its own financial obligations. The same holds true for doctors' offices. However, their accounting can be even more complicated because insurance companies can be unpredictable about paying out their claims. Endocrinology medical billing outsourcing can help eliminate some of this confusion, which consequently eliminates the need to hire additional staff dedicated to collecting payments and claims.

Basic health care services, including an annual check-up or treatment for a minor cold, can be fairly inexpensive. However, this cost can add up for families with young children or older patients with multiple health concerns. Luckily, carrying health insurance helps to cover some of these costs, so all the patient has to do is provide their health insurance information to pay for their doctor's visit. Unfortunately, collecting payment from the insurance company is easier said than done, especially since medical billing is regulated by a complicated coding system. This system helps the insurance company to process thousands of claims per day, and the doctor's staff must be specially-trained in order to efficiently use this system.

Hiring new staff isn't always practical, since the cost of employee training, salary, and benefits might not always be affordable for smaller practices. Likewise, some professionals may attempt to handle the billing themselves, only to find that it is too time-consuming and takes too much focus away from their patients. Furthermore, industry studies have found that claim rejections due to coding errors are very common.

Medical billing outsourcing is indeed a quick and easy fix for getting payment from the insurance company without the need to hire additional staff. Increasing claim revenue is one of the biggest advantages to outsourcing these services. Many practices, both large and small, can ill-afford long billing cycles simply because they are slow to output their claims or experience a high frequency of rejections due to coding errors. Medical billing outsourcing streamlines the billing cycle with highly-trained professionals and extensive claim follow-up services.

Providing savings to the healthcare practice is one of the most attractive advantages to medical billing outsourcing. Many outsourcing companies only charge for what they receive. In addition, without the cost of additional staff, software licensing, or training, there are additional resources for the doctor to spend caring for their patients and rewarding their staff.

[seedfinance]

How CPAs helped save businesses during COVID-19

As the COVID–19th Pandemic changed the business environment, customers turned to their CPAs to keep their businesses alive. CPAs offering Client Advisory Services (CAS) were well positioned to help clients in difficulty stabilize and reposition their business. The term CAS can encompass everything from outsourced accounting to outsourced CFO and controller services to management consulting services. Have CPAs who offer CAS real–Time Knowing about their clients ���finances, which gives them the opportunity to offer a better strategic perspective on their clients’ business. For example, CPAs working with customers in affected sectors used CAS to enable their customers to re-imagine what is possible.

Let restaurants cook

About 75% of Nick Swedberg’s customers are restaurants and small craft breweries in Minnesota. These types of companies were “some of the hardest hit” during the pandemic shutdown, he said.

To help his customers stay in business, Swedberg, a partner at Boyum Barenscheer in Bloomington, Minnesota, advised them on a variety of solutions, such as: to–walk Sales and deliveries. Since they had planned to start deliveries to replace In–person while eating, they had to deal with questions about the profitability and feasibility of moving, including analysis of employee compensation, auto insurance and handling tips, which are highly regulated in his state. He was able to do this with Excel, “set up some advanced formulas so there are only a few key metrics” that he had to adjust to test possible outcomes for different scenarios, he said.

Swedberg also helped its clients reach out to local government leaders for temporary exemptions from regulations. For example, some of its restaurant owner customers got permission from their cities to expand outdoors when indoor eating was banned. One city had a restaurant take over a city parking lot, while another closed its main street to allow al fresco dining. When a customer of a brewery owner asked the local health authority if beer delivery could be legalized, the board worked with the company to make it happen possible.

Swedberg supported this process by quantifying how the special permits sought by customers could save their restaurants and the jobs of their employees, and help them make convincing arguments on the spot Government.

As customers got more creative, Swedberg helped them implement their ideas. For example, a Mexican restaurant owner turned half of its space into a market where customers could buy salsa, meat, and other ingredients that they could use in preparing meals at home. As Swedberg predicts, the pivot cost has been minimal, the restaurant business has gotten a boost, and the market has done well. “It was fun to see how it comes to fruition,” he said. On the flip side, another client decided not to pursue their plans to convert their space into a home for four types of restaurants when the projected cost was too high.

“My job is to get them to put their thoughts in order and then come up with a real financial forecast,” to see if their plans were viable, Swedberg said. “Do you remember in math when you had to convert a word problem into an equation?

Maintaining the health of service-related practices

Sandy Shecter, CPA, CGMA, is the company-wide director of Rehmann Solutions, a division of 900–person Rehmann with branches in three federal states. Based in Detroit, Shecter has customers of doctors, dentists, and surgical centers that range in size from one provider to 350+. Their opening ability and patient volumes were impacted when many states ordered closures last spring.

Shecter stepped in to help clients apply for the Paycheck Protection Program and other loans or grants. Your company also worked with clients to provide data and forecasting for decision making on management issues such as: B. to provide employee leave; introducing new ways to work with patients, such as B. Telemedicine; and solving critical technology problems, such as cybersecurity or the complete outsourcing of a customer’s IT department.

Your company also assists with a variety of outsourced services, including recruiting to reduce staff costs, technology expertise that enables telemedicine, and outsourced bookkeeping and bookkeeping. “Providing these services on an outsourced basis enables customers to customize their usage as needed,” she said.

At the end of September 2020, most of Shecter’s customers were almost back In front–pandemic Patient level, but predicts permanent change. Your strategic planning with customers includes options such as making greater use of patient portals for communication and switching return–office Employees too the end–Location locations.

She advises CPAs to think beyond compliance and focus on delivering more to clients in terms of business consulting. “The pandemic underscored the value that customers place on us real–Time Information that they can use to manage their business, “she said.” This is really crucial. “For example, your customers often ask her for help with cash flow management, debt aging analysis, and budget recalculation and monitoring.

Finding the key to real estate sustainability

When rental income declined during the pandemic, Brandon Hall, CPA, who served as his clients’ outsourced CFO, conducted real estate portfolio research for clients of real estate investors to see how they could improve rental income performance. He also developed the tax minimization and costs–Demarcation Strategies to help them improve cash flow.

Hall, the CEO of 24–employees The Real Estate CPA firm of Raleigh, NC creates custom dashboards for clients using Google Sheets, spreadsheets that are easy to access and collaborate with for both him and his clients. It is possible to enter the customer’s QuickBooks online accounting data live into this dashboard. “The dashboard keeps track of what’s important to the customer,” said Hall, which usually includes information about utilization. budget–to–costs, Rehab expenses, cash income from a cash investment in real estate, return on equity and internal rate of return.

Hall was initially concerned about the economic uncertainty the pandemic was causing, as he hadn’t seen a similar disruption in his career. His business coach gave advice that he uses with his own customers and recommends other practitioners: Create a financial plan for the next 12 months that will be in one– to two–month Tranches and set the expected financial performance metrics for each tranche. Decide what action to take if you miss your metrics by 10%, 20%, and so on – for example, staff or expense savings. Once you hit your metrics, no changes will be made necessary.

Just having a plan of what to do when outcomes are good and bad can reduce customer stress and improve their response to setbacks, Hall said. “You cannot control the economy, but you can control how you react to it,” he said.

Help construction companies build stronger businesses

In northern Colorado, due to the dynamism of the local economy, the pandemic had minimal economic impact on construction customers, said Ralph Shinn, CPA / PFS, partner at nine–employees ClearPath consultant in Fort Collins. Surprisingly, the real challenge for these customers was to hire enough workers or contractors as some decided to stop working and start receiving unemployment benefits during the pandemic. When this forced clients to postpone some projects, the company helped them use that time as an opportunity to reevaluate their hiring practices.

The company also helped its customers bill and invoice additional expenses related to the pandemic or prepare quotes that include additional expenses related to the pandemic, such as the cost of personal protective equipment required on construction sites, and the additional mileage and vehicle fees that employees incur when carpooling is no longer feasible. “Lots [clients] didn’t take that cost into account, “Shinn said.

Shinn’s practice has too Professional–Services Customers ranging from physical therapists to companies providing hospital administration services. Many of these customers were unfamiliar with remote working, so Shinn’s company, which has been using remote working for more than 20 years, offered them free training on the remote control–work Environment and access to the cloud–based Packages it uses. “We wanted to show them that work in one cloud–based and a paperless environment can make businesses more efficient, effective and profitable, “Shinn said. The company also offered advice on the tax benefits of setting up home offices and training remote workers.

CPAs can step in when customers struggle

In uncertain times, many clients not only seek tax and accounting help, but also business advice. As companies grappled with the economic upheaval caused by the pandemic, CPAs stepped in to identify customers’ needs based on their existing knowledge of their companies. Offering CAS services can strengthen the role of CPAs as trusted business advisors who can provide practical and effective solutions to business challenges and valuable advice on how to make the most of opportunities.

source https://seedfinance.net/2021/08/12/how-cpas-helped-save-businesses-during-covid-19/

[howardghedia123]

The Benefits Of Chartered Accountant

A chartered accountant is an accountant who has been granted permission by a government agency to practice that profession. He or she must be registered under the Accountancy Practice Registration Act 1989. This act sets out all the conditions under which an accountant can practice his or her profession. These include the qualifications he or she must have, the minimum period of experience and the procedures that must be followed while earning a degree. All these things are spelled out in the Act.

In order to practice as an accountant in Australia, an individual has to be a graduate of an Australian university with a Doctorate or Masters degree. After that, they must hold a Master of Accountancy (MAA) or Certified Chartered Accountant (CCA) designation. The main aim behind this requirement is to ensure that only highly qualified people are becoming members of the Association of Chartered Accountants of Australia (ACTA). In other words, only members of the CTA can become a Chartered Accountant in Australia.

An individual may be self-employed and employ other professionals like an accountant, financial advisor, bookkeeper, or payroll executive. There are certain restrictions on the activities of an outsourced accountants and they cannot work for their own clients. In fact, there are some countries that do not allow the accountants to provide any direct service to their clients. They must also have proper authorisation from their client before they can undertake any work for them.

The work of the accountant will be to prepare and maintain records regarding the business and to present it to the shareholders or owners for tax purposes. He or she must also keep the books of accounts, keep all vouchers and statements, prepare all periodic reports, draw up financial statements and perform any function that is required of him or her under the law. There are many other duties that an accountant in Australia must carry out. The main objective of his or her job is to facilitate the management of the company by ensuring accuracy in accounting and by promoting the efficient performance of business operations.

If you are planning to open a business then it is very essential for you to get the services of a good accountant. The accountant should have sound knowledge about finance and business in general. He or she must be able to analyze the needs of the client and at the same time, provide the best possible advice. The accountant should be able to give right and useful advice especially if he or she is talking to a new business owner.

There are different types of accountants available in the market. They include chartered financial consultants, independent financial consultants, licensed insolvency practitioners, solicitors and chartered accountants. Generally, the fees associated with each type of accountant will vary depending upon their experience, credibility and their location. Most of them charge between one hundred and two hundred dollars per hour. However, the size of the business and its complexity will determine the kind of accountant required.

It is highly recommended that you first compare the services of a chartered accountant with those of an independent accountant before you make your decision. By doing so you will be able to find out which one is better for your business. It is important to note that if you already have an accountant on your payroll that he or she may not be able to help you out if your business is too complex. On the other hand an independent accountant will be able to help you in this case as they have much more experience in handling complex businesses. By hiring an accountant who is chartered he or she will also add value to your business by giving you valuable advice and educating you about financial matters.

Your accountant must have the necessary qualifications and also have the proper certification. This means he or she must have a legal qualification either a BCA (Chartered Accountant) or CPA (Chartered Accountant). There are many firms offering these services and you should research well to ensure that you are hiring a reputable firm. You must ensure that you check his or her experience as this will ensure that the service you receive is professional and that it will be able to handle your needs.