More success with less bookkeeping stress

 

CLOUD ACCOUNTING

Simply put, it’s using the internet to access software rather than physically installing it on a computer. Anyone with Hotmail or Gmail accounts is already “in the cloud”. Cloud accounting offers a number of benefits for your practice including only one set of figures that improves the accuracy of the information and the ability to interact with DBS in real time instead of having to send a data file to us each time.

Making Tax Digital

HMRC recently announced a new regime called Making Tax Digital or “MTD”. At the moment, practices keep their accounting records in a variety of ways, from paper records, spreadsheets or accounting software. These records are then used to prepare a tax return. Under MTD practices will be required to maintain their records digitally, report summary information to HMRC quarterly and make an “end of year” declaration. By using QuickBooks Online you are taking the first step towards complying with MTD.

Save money

Have you ever wondered how much time you, or your bookkeeper, spend entering data from your bank statements to your accounting software? And, you probably already know how easy it is to enter a figure incorrectly, or in the wrong category. Why not use QuickBooks Online and DBS for your bookkeeping. Not only will this save you time, it will also save you money on compliance fees for the preparation of your annual accounts.

Improved practice management

Monthly reports on your practice’s financial performance to help your decision making are readily available. These reports will also assist in forecasting your tax liabilities and show you how much tax to save months in advance.

About us

DBS are Chartered Certified Accountants working exclusively with the dental sector. Accounting and business consulting for all dental professionals is the only thing we do and have done for over 35 years.

With unrivalled expertise in dental matters our team has dealt with any accounting and business scenarios you are ever likely to face.

Great packages starting from only £100 per month

Testimonials

We would recommend DBS to other practice owners who need help with their bookkeeping and management reporting; granted they aren’t the cheapest, but you certainly get what you pay for, and to us they are worth every penny!

Dr Anushika Brogan, Damira Dental Studios

Having used the DBS bookkeeping service for a number of years now, it has removed what was an onerous and boring task that we could all do without.  The results are a quick and cost effective way to review practice performance on a monthly basis and simplify the end of year accounting process.

Dr Simon Ashcroft, Principal of Marlow Dental Centre

I just wanted to pass on my gratitude and thanks for the level of service that Darren from DBS has been able to provide. Since transferring to their company 9 months ago we have been able to get our accounts moved across to a new accounting system which now provides us with more timely Accounts which gives far greater reporting and analytics. Darren has been a huge support to our internal bookkeeper and has supported her with monthly contact, training and guidance in order to get our systems and structure to a much better, organised, place. I have worked with Darren closely and we have now implemented a customised reporting system that generates monthly reports on our performance and identifies key areas, with commentary, for us to focus which is a huge support to our monthly management meetings.We have since implemented an extremely detailed forecasting plan which is broken down into different departments, for the next 12 months which also gives very clear guidance to our team on where we are heading and to help us track our performance against our projections.Darren has been extremely responsive and is always willing to accommodate our requests and has always reacted in an extremely positive, efficient and accurate manner. We look forward to working with Darren in the future to further enhance our overall Accounting department to maximise our performance.

The Croydon Orthodontic Practice

Meet the Team

Nick Stewart

Nick Stewart

Partner

With over 20 years’ experience of advising dentists, Nick demystifies dental accounts for his clients and helps them understand the financial side of dentistry, specialising in annual accounts, bookkeeping and management accounts
Darren Nicholson

Darren Nicholson

Accounts Team

Darren joined DBS in early 2008 and now has nine years’ experience working solely with dentists. Darren has relocated to Greece and his main role now is to maintain bookkeeping services for several of our clients and the preparation of year-end accounts. Darren is a QuickBooks ProAdviser.
Leeza Blythe-Morley

Leeza Blythe-Morley

Account Team

After joining DBS in January 2012, Leeza passed her AAT exams and is now studying for the ACCA qualification. Leeza prepares accounts and tax computations for sole traders, partnerships and limited companies and is a QuickBooks Online Certified ProAdviser.

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