What we do
At Gray-Pilgrim and Associates, we offer all the accounting services that typical firms provide because we all need “good numbers” as the foundation for what we do. We do not sell a one-size-fits-all package. Instead, we tailor services to your practices’ individual needs.
Monthly Services
- Monthly financial statements, including profit and loss statements and balance sheet reports
- Monthly bank reconciliations with client balance to bank balance comparisons
- Payroll check calculations
- Calculations of 941 and state tax deposits
- Preparation of payroll tax quarterly returns and year end W-2’s and 1099’s
- Cash flow analysis
Additional Services
- QuickBooks installation and set up of dental-specific or medical-specific chart of accounts
- Evaluating your business entity
- Practice valuation
- Personal financial planning
- New practice set-up
- Doctor compensation planning and formulas
- Bookkeeping operations review
- Preparation of budget for income and expenses
Consulting
- Advice on pension and profit sharing plans
- Buy-ins, associate contracts and other practice transitions
- Assistance in buy vs. lease decisions
- Assistance in obtaining loans/leases
- Pay packages for individual staff members
- Recommendations for pay levels for different dental and medical team positions
- Bent Ericksen HR Training and Implementation
- Personality Assessments with communication and teambuilding seminars
Resources
- Monitoring areas of income and expenses to industry benchmarks/performance measurement systems
- Monitoring pay levels for staff positions
- Assistance with choice of equipment to purchase, including financing information and tax benefits
- Dental fee survey annually with individual results provided to participants
- Periodic newsletters with usable content, such as tax law changes or year-end tax savings ideas
- HIPAA compliance issues or embezzlement tips
Taxes
- Tax planning
- Tax returns for individual and all entities
Travel Option
- Travel to your location for appointments is always an option
- We can accommodate your day off, breaks between appointments, or lunch breaks
- Evening appointments are also available
- Sometimes, you may wish to travel to us as your time allows
The main difference between Gray-Pilgrim and other firms is our strong desire to see you achieve your personal and professional goals. We want to work with you, not for you, to make those goals a reality. Isn’t it worth investing an hour of your time to explore how our unique approach could create a serious impact on your practice and your quality of life? Contact Gray-Pilgrim to set up your consultation today.