Quality Physician Services

Accounting And Finance

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You have the expert health care professionals. We have the expert finance professionals!

Managing payroll, accounts payable, and financial reporting not only diverts your attention from managing your practice, but if not done properly, it can drain your practice budget. Our team of financial professionals can manage your payroll, accounts payable and the required reporting efficiently and effectively.

Bookkeeping and Reporting
QPS manages your bookkeeping records and provide detailed profit and loss statements, expense summaries, cash flow reports and income statements. We will reconcile your bank statements each month as well. If you already have strong bookkeeping practices in place, we will be happy to provide an assessment of your financial practices and make recommendations to maximize your resources.

Our Monthly Reporting Includes:

  • Profit & Loss Statements
  • Aging Reports
  • Payments/Adjustments
  • Monthly Deposit Summaries
  • Transaction Summaries
  • Other Reports by Request

Payroll Services
QPS can evaluate your current payroll services or internal practices and make recommendations to streamline your efforts, increasing your level of accuracy and maximizing your resources. You can also completely outsource your payroll needs to us, including time card management, deductions, benefits management, W2 and 1099 generation and payroll taxes. QPS also helps manage unemployment and overtime containment strategies through our human resources services.

Accounts Payable
Since vendors have a variety of collections terms, and your practice cash flow needs fluctuate, you need a partner like QPS who can manage your accounts payable. We also provides negotiated pricing with trusted vendors through our Vendor Contract Program.

Taxes
Through our strategic alliance with Loggins & Associates, we can provide comprehensive tax filing and planning services. Loggins & Associates has worked with QPS clients for many years. They provide excellent service to help our clients maximize their deductions, while ensuring compliance with tax laws. Loggins is also proficient with the newest tax laws, specifically those in the healthcare arena. The firm can serve as an outside auditor to verify receipts and expenses as well.

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