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Re: Bookkeeping

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My accountant does all the bookkeeping for me . It's about $100 per

month.

>

> Hello Group,

>

>

>

> I am curious what rates are being paid for bookkeeping services for a

> small private practice. We are looking to bring our bookkeeping

> in-house from an outsourced service and we are not sure what kind of

> hourly rate we should expect to pay. The employee we are looking at

> hiring will be part-time and require no benefits. Most of the duties

> will be paying bills and coordinating the books with our accountants.

>

>

>

> Any input is appreciated.

>

>

>

> Ken , PT

>

> Body One Physical Therapy - South

>

> 7855 South Emerson Ave., Suite W

>

> Indianapolis, IN 46237

>

> p:

>

> f:

>

> www.bodyonept.com <http://www.bodyonept.com>

>

>

>

>

>

>

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My accountant does everything from paying bills to writing paychecks and I

pay $250.00 per month.

_____

From: PTManager [mailto:PTManager ] On Behalf

Of edvol

Sent: Sunday, July 13, 2008 12:45 PM

To: PTManager

Subject: Re: Bookkeeping

My accountant does all the bookkeeping for me . It's about $100 per

month.

>

> Hello Group,

>

>

>

> I am curious what rates are being paid for bookkeeping services for a

> small private practice. We are looking to bring our bookkeeping

> in-house from an outsourced service and we are not sure what kind of

> hourly rate we should expect to pay. The employee we are looking at

> hiring will be part-time and require no benefits. Most of the duties

> will be paying bills and coordinating the books with our accountants.

>

>

>

> Any input is appreciated.

>

>

>

> Ken , PT

>

> Body One Physical Therapy - South

>

> 7855 South Emerson Ave., Suite W

>

> Indianapolis, IN 46237

>

> p:

>

> f:

>

> www.bodyonept.-com <HYPERLINK

" http://www.bodyonept.com " http://www.bodyonep-t.com>

>

>

>

>

>

>

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Guest guest

I have found that you only get as good data as is entered and having

consistency of procedures is critical.

I have just returned to the Small Business Development Center in my area to

have a fiscal check up, where they take QuickBooks data, and compare it to

similar practice across the country. Very interesting and valuable data.

But the data must be organized and consistent in order to get the financials

that are helpful. (I.E.: is my payroll an appropriate amount of our income?

Is my front desk to clinician ratio high, low or WNL compared to national

standards? Etc)

For example: you order a bunch of clinic supplies that last you about 6

months or so. It will make your income drop that month, unless it is

factored in over 6 months as an expenditure....and tons of other details.

So bottom line, look not only at price, but how data is organized

consistently. I have learned you can get a monkey to enter data and pay

checks and you end up with financial reports that are not valid.

Good luck!

Hampton PT, BCIA-PMDB

Core Therapeutics PT

www.corept.org

Bookkeeping

Hello Group,

I am curious what rates are being paid for bookkeeping services for a

small private practice. We are looking to bring our bookkeeping

in-house from an outsourced service and we are not sure what kind of

hourly rate we should expect to pay. The employee we are looking at

hiring will be part-time and require no benefits. Most of the duties

will be paying bills and coordinating the books with our accountants.

Any input is appreciated.

Ken , PT

Body One Physical Therapy - South

7855 South Emerson Ave., Suite W

Indianapolis, IN 46237

p:

f:

www.bodyonept.com <http://www.bodyonept.com <http://www.bodyonept.com> >

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