Accounting for Dental Practices
Industries We Serve
Accounting for Dental Practices
Practice-level financial reporting, payment reconciliation, and expense tracking for dental offices that need clear visibility into what they are collecting versus what they are producing.
Payment
Reconciliation
Billed vs
Collected
Payroll &
Overhead
Practice
Reporting
Dental practices deal with a mix of patient payments, insurance reimbursements, adjustments, and write-offs — all of which need to be reconciled against production to understand what the practice is actually collecting. PNL Financials helps dental practices maintain accurate books and produce the financial reporting needed to manage and grow the practice.
Common Challenges
What makes accounting complex in your industry
Billed production versus collected revenue
What a dental practice bills is not what it collects. Insurance adjustments, write-offs, and patient payment plans mean that collected revenue is typically a fraction of billed production. Tracking both — and understanding the difference — is essential for accurate financial reporting.
Insurance and patient payment reconciliation
Insurance reimbursements arrive on their own schedule, often with adjustments and explanations of benefits that need to be matched against outstanding claims. Patient payments, financing arrangements, and co-pays add further complexity.
Payroll for clinical and administrative staff
Dental practices typically employ a mix of clinical and administrative staff, often with different pay structures. Accurate payroll processing and timely tax deposits are essential.
Supplies, lab costs, and equipment financing
Dental supplies, lab fees, and equipment purchases are significant costs that need to be tracked accurately. Equipment financing adds debt service obligations that affect cash flow.
How PNL Financials Helps
Financial support built for your business
Payment reconciliation and collections tracking
We reconcile insurance payments and patient collections against outstanding balances, tracking adjustments and write-offs so your revenue figures reflect what was actually collected.
Accounts receivable management
We maintain organized records of outstanding patient and insurance balances so you can see what remains uncollected and follow up appropriately.
Payroll processing
We handle payroll for your clinical and administrative team — calculating wages, processing payments, and managing payroll tax deposits and filings.
Supply, lab, and equipment expense tracking
We record supply purchases, lab costs, and equipment expenses accurately so your cost structure is clearly reflected in your financial statements.
Practice-level financial reporting
We produce monthly financial statements that give practice owners a clear picture of revenue, costs, and profitability — supporting informed decisions about staffing, equipment, and growth.
What You Receive
Deliverables & reporting
Monthly profit and loss statements
Collections and receivables reports
Insurance payment reconciliation records
Payroll processing and tax filings
Supply and lab cost tracking
Equipment financing records
Overhead and operating cost summaries
Year-end tax-ready financials
Related Services
Financial reporting built for your dental practice
PNL Financials helps dental practices reconcile payments, track costs, and produce the financial statements needed to manage the practice effectively. Schedule a free consultation to get started.