Services
What is the difference between a bookkeeper and an accountant?
Bookkeepers and accountants sometimes do the same work, but employ a different skill set. In general, bookkeeping is more administrative and involves recording transactions, reconciling accounts, and keeping you financially organized. Accounting is more subjective, using bookkeeping information to give you insights into the financial health of your business.
We offer both of these services, as well as fractional CFO services for more complicated financial matters. In addition, we can help you start a new business, get you set up in QuickBooks, consult with you on veterinary practice management issues, guide you on nonprofit regulatory matters, and more!
Not sure what you need? That’s what we are here for! Schedule a free no-obligation consultation and we will help you figure out what makes sense for you, your goals and your budget.
BOOKKEEPING
● Record Payroll Entries
● Reconcile Bank Accounts
● Maintain General Ledger
● Month-End Closing
● Basic Financial Statements
● QuickBooks Assistance
● Prepare for Taxes & 1099s
QUICKBOOKS
● Set Up Chart of Accounts
● Link Bank Accounts
● Create Templates
● Clean Up Database
● Train Staff
● Periodic Review of Data
● Customized Reports
ACCOUNTING
● Financial Dashboard
● Assistance with Budgeting
● Expense Reduction
● Internal Control Assessment
● Business Loan Assistance
● Quarterly Summaries
● Prepare for Taxes & 1099s
FRACTIONAL CFO
● Cash Flow Management
● Profitability Analysis
● Design of Internal Controls
● Tax Saving Strategies
● Bank & Investor Relationships
● Liaison with External Auditors
NONPROFITS
● IRS Regulatory Compliance
● Charitable Gaming License
● Functional Expense Statement
● Grant Writing & Reporting
● Federal Form 990
● Board Member Development
● Liaison with Donors
NEW BUSINESS ADVISORY
● Business Entity Selection
● State and Federal Registration
● Assess Start-Up Capital Needs
● Develop Business Plan
● Prepare Initial Budget
● Create Policies & Procedures
● Set Up Accounting System
TAX
Note: VetCents no longer prepares Individual or Corporate tax returns, but can offer general tax advice and will work closely with your tax preparer to ensure that you are complying with IRS regulations and maximizing deductions.
VETERINARY CONSULTING
● Benchmark Ratios
● Client Relations
● Internal Controls
● Pricing
● Inventory Management
● Human Resources Support
● Leadership Developmentt
Pricing
Every veterinary business is unique, which is why we offer customized pricing based on the scope of services you need and the complexity of your financial records.
Our clients appreciate the predictability of fixed-fee package pricing. Rather than billing by the hour and leaving you wondering what the final invoice will be, we provide a clear monthly fee that allows you to budget with confidence. Most small to medium-sized veterinary practices can expect basic bookkeeping fees to range from approximately $600 to $1,800 per month, depending on their specific circumstances. The fee varies based on the number of transactions, the number of bank accounts, the amount of support from within the organization, and the degree of complexity of the accounting.
For one-time projects or situations where flat-rate pricing is not the best fit, hourly services are also available.
