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Financials |
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Vein Centers for Excellence knows that accurate and consistent accounting and financial management are key parts of the business side of running a practice. As a physician, you need to be focused on providing outstanding patient care, and to do that you need the right support partner to help you effectively manage the day-to-day financial needs of your practice. Accounts need to be balanced, bills need to be managed and paid, and your payroll must be accurately processed on a regular basis. VCFE’s accounting and financial department provides all the services you need to run a smart, efficient back office, with you in control of your money and how it’s managed. Here are some of the details of back office management that VCFE can help you with:
• Payroll
o Bi-weekly processing o Doctor approved hours
o Direct deposit or signature checks
o Full support documentation, including time slips, earnings reports and government forms
o Payroll tax fillings
o W-2 preparation and IRS submission
o Workmen’s compensation annual insurance audit
• Accounts Payable
o All invoices approved for payment by your office
o Full accounts payable transaction recording and reporting
o Invoices paid from your practice accounts in accordance with agreed terms
• Financial Reporting
o Monthly financial statements
o Cost analysis and trends
o Cash flow management
o Government and financial institution reports
o Assistance with corporate tax returns

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