Dentist Accountant

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Accountants for Dentists

We’re proud to offer specialised accounting services designed to meet the specific needs of dental professionals. Whether you’re a dental practitioner, own a dental clinic, or are involved in the dental supply chain, we have the expertise and commitment needed to guide you through the financial aspects of the dental industry with precision and confidence. Contact our dentist accountants today for a free initial consultation.

How Our Dentist Accountants Can Help You

We are experienced dentist accountants with a strong understanding of the financial challenges and opportunities within the dental sector. Whether you’re a solo dental practitioner, own a dental clinic, or are part of a dental group practice, we are ready to collaborate with you to enhance your profitability and streamline your practice operations.

Our services are customised to meet your unique requirements, covering everything from tax planning and compliance to advice on capital gains, GST related to dental services, cash flow forecasting, and strategic business structuring. We also offer business advice services, helping you to make informed decisions regarding practice expansions, funding options, and effective management of your dental portfolio.

Being entrepreneurs ourselves, we recognise the value of actionable, on-the-ground advice. This is why we dedicate time to thoroughly understand your practice and aspirations, partnering with you to work through challenges and capitalise on opportunities.

Opting for Accorti means choosing a partnership with a team of accountants who have dental industry knowledge, professional expertise, and a commitment to securing your success in the field. Whether you’re located on the Gold Coast, in the Brisbane area, or elsewhere across Australia, Accorti is prepared and fully equipped to guide you through the ins and outs of dental accounting.

Why Choose Accountants for Dentists

Specialised Tax and Compliance Expertise

Accorti’s team of dentist accountants excels in strategic tax planning and compliance assistance, including issues related to capital gains and GST for dental services. We ensure you benefit from all possible tax advantages while complying with regulations, making tax management efficient and worry-free.

Strategic Business Structuring and Risk Management

Our team offers expert advice on business structuring tailored for dental practices to ensure maximum asset protection and tax efficiency. We harmonise your drive for growth with meticulous risk management, ensuring you can advance your dental practice with the assurance that your financial health is well protected.

Precise Cash Flow Forecasting and Financial Analysis

Leveraging our understanding of the dental industry, we provide accurate cash flow forecasting and financial analysis. This vital information supports your business decisions, boosting your prospects for enduring success in the dental field.

Comprehensive Advisory Services

Our business advice services go beyond the basics, providing insightful advice on practice acquisitions, funding strategies, and efficient management of your dental assets. With our guidance, you’re always ready to capitalise on emerging opportunities.

Practical, Experience-Based Business Advice

As experienced business owners, we offer advice that’s grounded in the realities of running a dental practice. We understand not just the numbers, but the unique challenges and opportunities you encounter, offering pragmatic solutions to enhance your success.

Local Expertise and Strategic Partnerships

Our connections within the Gold Coast and Brisbane areas enrich our services beyond typical accounting. We act as your local allies, eager to utilise our extensive network for your practice’s advantage. Partnering with Accorti means joining a supportive community dedicated to the prosperity of your dental practice.

Why not speak with an Accorti business advisor today.

1300 696 585

Other Industries Expertise

Construction

Client business restructure, tripling QBCC Maximum Revenue and allowing for Growth.

Tourism

Improved operating efficiencies, resulting in a 30 percent profit increase per annum.

Property

Assisted with project structure, finance and delivery to improve net realisable value by 45 percent.

Business Advice

Joint venture established to enable opportunity to go-live and succeed rather than fail.

Tax

Reduced client’s tax by 50 percent.

Payroll

Manage bookkeeping payroll function leading to improved efficiencies and 40 percent reduction in administration costs.

Success Stories

Commercial Construction

Construction

Challenge

Client had future work substantially in excess of their approved QBCC Maximum Revenue requiring client to turn away work.

How we solved it

We reviewed their business structure and implemented a restructure of operations

Outcomes achieved

QBCC Maximum Revenue increased threefold to enable contracts to proceed, boosting business income and profit

Services provided

Strategy, QBCC Annual Reporting, Structuring, Financial Reporting

Hotel Operator

Property

Challenge
Establish a finance function for new hotel integrating bookings, cafe/restaurant, in-room entertainment systems to enable streamlined reporting and payment systems

How we solved it
We looked at a range of front-of-house booking systems, CRM and POS systems, as well as various back of house accounting software. We helped the client settle on their preferred providers and assisted with implementation and integration of systems and various merchant facilities.

Outcomes achieved
Streamlined, integrated, data rich systems enabling efficient reporting and minimise administrative costs.

Services provided
Process and systems review, systems implementation and training

Golf and country club

Property

Challenge
Poor profitability across business

How we solved it
We implemented a strategic review of business to identify goals and actions. We discovered a legacy accounting system which was slow, difficult to use and provided no oversight of where or why profitability was impacted. We implemented a software upgrade to improve oversight, reporting and efficiency, enabling a reduction in administration staff. We also identified several opportunities to diversify income streams and boost business value. We developed a strategic plan for the next 3-5 years to roll-out these income streams and business units.

Outcomes achieved
Improved profitability, reporting, reduced costs and implemented change in operations. Business owners clarified strategic direction and action plan to increase long-term business value

Services provided
Strategic planning, cost review, processes and systems review.

Construction

Challenge
Client operated as a services trade to construction industry. The business had poor profitability and cash flow.

How we solved it
The Accorti team reviewed the internal business systems and processes. Working together, we updated the accounting systems to enable real-time job and cash flow reporting, allowing the business owner to understand the business’ financial position at any time. To help manage cash flow better, we established a payment collection process that was enabled to support various payment methods.

Outcomes achieved
Business owner was equipped to see where they were losing money, understand the reasons why and implement remedial action leading to cost reduction and timely payment collection.

Services provided
Bookkeeping, business processes and systems review, financial reporting, business advice

Caravan Park Operation

Tourism

Challenge
Business owner operates several caravan parks located in remote areas and was seeking a way to monitor management and operational performance because they were not physically based at business sites.

How we solved it
We identified and implemented strict controls and delegated authority and duties between site management and business owner. Business accounting function relocated to the Accorti office, enabling the business owner line of sight across business.

Outcomes achieved
Improved financial reporting, improved cash control, reduced business risk, improved management performance.

Services provided
Outsourced accounts, financial reporting, risk management

Commercial Property Investor

Construction

Challenge
Client was experiencing financial distress due to failure of a business, putting related commercial property portfolio at risk.

How we solved it
Worked with client and other advisors to quarantine assets from legacy issues.

Outcomes achieved
Protected significant property holding from potential claims, enabled repayment of bank debt in full and secured long-term tenants providing income stream for owners in retirement.

Services provided
Strategy, business advice, risk management