Cash vs. Accrual Accounting for Therapists
Understand accrual accounting for therapists and learn how to manage it effectively for a clearer picture of your financial health.
We're experts in bookkeeping for therapists
Are you time poor or just worried your books aren’t up to scratch? You’ve come to the right place!
We help many therapists across the United States with their bookkeeping every month.
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Bookkeeping for Therapists
As a therapist, there could always be more time. More time to write notes, more time to add clients… more time to sleep! The last thing you need to spend time doing is payroll or bookkeeping. Our goal is to take away the everyday stressors of financial bookkeeping and give you back the time to do more things to grow your business.
We Understand Bookkeeping for Private Practice
At TL;DR: Accounting, we’ve done bookkeeping for therapists in private practice for many years. We understand the complexities of running a small business and know the best tools & software to use to set your business up for success. Within the first few meetings, we’ll discuss your business structure, current earnings & expenses, and future financial goals in order to give you advice about how best to grow your business from here.
Good Bookkeeping Is Essential
To A Growing Business
What are the benefits of outsourcing your bookkeeping? Let’s take a look.
Know where your money is going
We keep track of your daily income & expenses in a cutting edge software tool to ensure your business is right where it should be.
Let’s go of payroll stress
We'll handle monthly payroll, reimbursements, time off and more so you can focus on running your business & nurturing new clients.
Keep reconciled books
We'll verify that your books are a 1-to-1 mirror of the transactions as listed by your bank. Avoid headaches come end of month or tax time.
Avoid Future Confusion
We provide financial reports every month so you can quickly see when things look off. Didn't spend $500 at Office Works this month? We'll catch it before it's too late.
Spot business opportunities
We'll help identify the opportunities for improvement in your business. Could you cut down office supplies by $100 every month? Which clients have a greater life time value?
Position yourself to grow
It's almost impossible to bring on new employees or clients if your books are a mess. With an organized process in place, you'll know exactly when and how you can afford to expand.
Getting Your Bookkeeping Set Up
Meeting and Agreeing on a Proposal
When you meet with the team, we can assess the scope of the set-up job. We will draft a proposal in a software program called Practice Ignition, and you will sign and send your agreed-upon initial payment.
Setting up Quickbooks
We collect information from you so that we can set up your QuickBooks account. We talk to you about how you use your books, what you expect of them , how to link your bank accounts, and how granular you like your financial statements to be.
Setting up Gusto
Our clients use Gusto to process payroll payments. We’ll set up benefits, deductions, and any special circumstances. This helps us understand your employee reimbursements, benefits, time off, and all the other details.
Setting Up B&O Accounts
Washington business must file State Business & Occupation Tax regularly. (You may need to pay city tax, too) to enable us to file your B&O taxes, we work together to link your taxes.
We take care of more than just bookkeeping
for private practices!
Want to look around for A while?
The Complications of Multi-State Payroll for Therapists
Payroll gets messy when therapists cross state lines. It’s bad enough tracking hours and cutting checks for your team, but throw in different state tax
How To Price Your Therapy Sessions in 2025
Setting the right price for your therapy sessions is one of the key steps to running a successful practice. It’s about finding the balance between
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