Overview
Accurate bookkeeping is essential to managing your private practice finances. At Heard, you'll work with a dedicated bookkeeping team to account for your private practice income and expenses throughout the year.
Why is bookkeeping important?
Ensure accurate financial records
You need accurate bookkeeping to monitor the progress of your business and comply with IRS regulations for good recordkeeping.
Accurate bookkeeping produces financial reports
Your financial income reports, such as profit and loss statements, are then used to file your taxes and ensure you claim all eligible deductions.
Leads to actionable business decisions
Bookkeeping provides a clear picture of your business's income and expenses. It enables you to identify improvement areas, track progress toward goals, and make data-driven choices for your private practice. That could mean anything from taking that much-needed time off to thinking about growing your private practice.
Bookkeeping at Heard
At Heard, you will work with a dedicated bookkeeping team to ensure your books are accurate and sorted into tax-compliant categories. To get started, look for the "Welcome to Heard" in Messages and begin your bookkeeping process through your Heard account.
Below is a video from Heard's Customer Engagement Team.