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Your First Month: Accounting and Financial Statements

• by Wes Read CPA, CFP®
• August 21, 2020

Establishing your accounting system may sound like you're about to "count beans." However, those beans represent the outcome of your hard work. Your accounting system is the backbone of your financial data. That data will be used to determine how much you owe in taxes. But even more importantly, that data will tell you a story about the financial health of your practice. In this video, we look at some important concepts when establishing the accounting system for your dental office.