Accounting Services & Financial Reporting

At TAK, we know and understand the importance of financial transparency.

 

TAK Practice Management Services excels at providing timely, accurate accounting and financial reporting for medical practices. Our custom Monthly Practice Management Report presents information in an easy to read format that even “non-accountants” can understand. We will even customize reports based on your practice needs and requirements.

 

Our staff are industry leaders in providing insightful reports that provide the information you need to make informed, intelligent business decisions. TAK’s accounting and financial reporting are fully integrated with our revenue cycle management and practice data thus, enabling you to clearly see the whole picture of where the practice is at, while identifying areas for improvement and growth.

 

Accounting Services

  • General Ledger Bookkeeping
  • Accounts Payable Management
  • Bank Statement Reconciliations
  • Payroll Services and Administration
  • Purchasing and Vendor Management
  • Monthly Closings
  • Prepare Year-End Financials for Tax Filings
  • Misc 1099 Reporting

 

Financial Reporting

  • Financial Planning and Cost Projections
  • Establish Benchmark and Performance Indicators
  • Customized Practice Management & Financial Reports
  • Analytical Reporting and Forecasting
  • Budgeting, Variance Analysis and Reporting
  • Cash Management
  • Equipment Lease Management
  • Fixed Asset Management
  • 401k Employee Account Management
  • Manage Income Distribution to Provider Partners
  • Medical Practice Valuations
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