Our Blog

By Tammy Hoang, Certified QuickBooks ProAdvisor An ambulatory surgery center earns its money in a way that trips up almost every general bookkeeper who has never worked in healthcare. When a procedure happens at an ASC, two separate bills go out. The surgery center bills a facility fee for the use of the center — the operating room, the nursing staff, the supplies, the recovery space. The physician bills a professional fee for the surgical work itself. These are two different

By Tammy Hoang, Certified QuickBooks ProAdvisor A dental practice can be busy, well-reviewed, and fully booked — and still quietly lose profit it never sees leave. The reason is almost never the dentistry. It is the books. Dental practices carry financial mechanics that most general bookkeepers have never handled, and when those mechanics are recorded wrong, the numbers on the profit and loss statement stop telling the truth. The practice looks profitable while cash quietly s

By Tammy Hoang, Certified QuickBooks ProAdvisor If you run a business in Orange County, you have almost certainly told someone, “we’re on cash basis.” It sounds like a single, simple statement. It is not. “Cash basis” can describe how your books are kept, how your tax return is filed, or both — and those are three separate things that do not automatically line up. A business can keep its books one way and file its taxes another, and neither version is the same as GAAP. This c