Your Dedicated Financial Partner

At Mental Health Accounting, we understand the unique financial needs and challenges of mental health group practices. Our goal is to free you, the practice owners, from the complexities of financial management, allowing you to concentrate on providing exceptional care to your clients. We offer a range of specialized bookkeeping services designed to keep your practice financially healthy and well-organized.

Our Specialized Bookkeeping Services

Weekly Transaction Coding with Advanced Software Integration

Utilizing a leading software application, we meticulously process all your practice's financial transactions. This includes tracking bills, expenses, and cash transactions with the utmost accuracy. By linking source documents to each transaction, we provide you with the foundation for profitable strategies and long-term operational smoothness.

Real-Time Bank Feeds for Accurate Financial Health Monitoring

We streamline your financial data flow by integrating directly with your bank and credit card accounts. This real-time data streaming ensures you have instant access to accurate and updated financial information, crucial for making informed decisions.

Precise Payroll Journal Entries

Payroll management is more than just processing payments; it's about accurate record-keeping for compliance and financial health. We ensure that your payroll entries are meticulously recorded, reflecting the true financial picture of your practice.

Monthly Accounting File Review for Consistency and Clarity

Regular review of your transactions is key to maintaining financial integrity. We ensure that all financial data is accurately categorized, providing a clear and consistent view of your practice’s financial movements and trends.

Monthly Bank and Credit Card Reconciliations

To safeguard against inaccuracies and discrepancies, we diligently reconcile all bank and credit card statements. This critical step ensures that every financial transaction is correctly recorded and accounted for in your practice’s books.

Strategic Decision Making

Comprehensive Financial Reporting

We believe in keeping you fully informed about your practice’s financial status. Our monthly financial reports are comprehensive and easy to understand, covering essential aspects like:

Profit and Loss
Year-to-Date Profit and Loss
Balance Sheet
Accounts Receivable Aging
Accounts Payable Aging
Advanced Financial Analysis with Fathom
Comprehensive Financial Reporting

Our monthly calls for Proactive Management are more than just check-ins; they are opportunities for strategic discussions about your practice's performance. These sessions allow us to provide insights, suggest optimizations, and adapt to changing circumstances, helping you to achieve your financial goals.

Reliable Backup of Accounting Data

Software Backup for Continued Operations

We safeguard your financial data against unforeseen events with regular, secure backups of your accounting software. This ensures business continuity and operational efficiency at all times.

Safe Financial Data Management

Secure Online Portal

Your practice’s financial data security is paramount. Our secure online portal, powered by SmartVault; ensures safe, encrypted storage and sharing of your financial information, accessible only to authorized individuals.

Partnering with Mental Health Accounting

Dedicated to Your Practice’s Success

Our team at Mental Health Accounting is committed to providing you with the financial support and insights you need to run a successful mental health group practice. We handle the financial intricacies, so you can focus on what you do best - caring for your clients.

Contact Us Today

Reach out to Mental Health Accounting for a consultation. Let us show you how our specialized bookkeeping services can enhance the financial health and operational efficiency of your mental health group practice.