Managing money flow to safeguard your practice
De St Georges, J.
Dentistry Today 21(2): 136-141
2002
ISSN/ISBN: 8750-2186 PMID: 14509003 Document Number: 550587
Whether payments for service come in the form of patient cash or checks, or insurer payments, it is paramount that a doctor implement a strong accounting system to disclose all daily financial transactions. It is also essential that a strong audit trail be part of this accounting system. By taking a few minutes at the end of each day to do the necessary review, dentists protect their income and provide one of the best protections an owner can have against embezzlement. Let the staff know you are on top of the books!