The Accounting Avengers

You are running a buzzing dental practice—keeping teeth shiny and making sure the drill keeps spinning. But when it’s time to tackle the accounting beast, do you hire your own in-house number-cruncher or ship the books off to an outsourced crew? Let’s break it down with a smile because managing money shouldn’t feel like a root canal.

The In-House Tooth Fairy

Picture this: your very own accountant, parked in the back office next to the sterilization room, ready to tackle your finances like a pro with a scaler. They’re part of the team—knowing exactly why your supply budget spiked (those gold crowns don’t come cheap!). Need to chat about cash flow between patient checkups? They’re just a shout away, keeping your practice’s financial health as tight as a perfect bite. Plus, they’ll guard your numbers like a hygienist guarding the last pair of gloves.

But here’s the drill: this fairy comes with a price tag. You are covering their salary, benefits, and maybe even a comfy chair to rival your dental ones—let’s estimate between $60K-$80K a year. For a practice pulling $2-3M, this is doable, but it’s still a chunk of change. And when they’re not balancing the books, they might be twiddling their thumbs or reorganizing the supply closet. On the other hand, having someone in-house can feel like Novocain for your money worries.

The Accounting Avengers

Now, outsourcing is like hiring a traveling dental hygienist for your finances—they swoop in, clean up your books, and leave you sparkling. However, our Avengers do not need a desk or your Wi-Fi password, and they have the latest tools to make tax season less of a horror movie. Our ProAdvisors bring expertise sharper than your best drill bit at a lower cost than a full-time hire, instead of a big salary and upfront hiring costs, and you do not need to worry about training in systems and applicable tax codes for your dental practice. This supplies you with more time to focus on crowns, not calculators.

The catch? They are not flossing with you on a daily basis. You might miss that impromptu, “Hey, why’s our lab bill so high?” asking you to please explain while patients in the chair get unrestful. Or maybe invasive inquiries asking you to explain the finance arrangement for your fancy new 3D scanner that are totally irrelevant to your worries of the day.

Trust is key, as well, as you will be handing over your financial X-rays to folks who do not know your staff’s coffee order. But for a busy practice, it’s a slick way to keep costs down and stress low.

What’s Your Pick, Doc?

For your dental gig, it’s less about “right or wrong” and more about what fits your operatory. Do you lean more towards micro-managing control with cash to spare? Then, an in-house accountant could be your trusty assistant. Prefer to keep it lean and focus on patients, not payroll? Outsource it and let someone else handle cleaning up the tartar in payroll taxes.