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Specializing in Dental Accounting, DSO Accounting & DEO Accounting methods

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More than Black and White

 Your business is more than black and white. Let us help you put some COLOR on your financial past, present and future  with “Forward Looking” forecasts and projections. Good Margins Dental Accounting is more  than an accounting firm. We are DENTAL FINANCIAL PROFESSIONS  with more 30 years experience in accounting & finance and five years  in the dental accounting industry. We have done the accounting &  finance equivalent of thousands of crowns. 

Monthly Dental Accounting Services

  • Organize, Categorize & Reconcile your Business transactions
  • Entry of Payroll Journal
  • Maintain Vendor W9 Information
  • Financial Analysis to Ensure Accuracy
  • Prepare Monthly Standard Financial Reports
  • One Monthly Review Meeting

Additional Dental Accounting Services

  • Organize, Categorize & Reconcile your Business transactions
  • Entry of Payroll Journal
  • Maintain Vendor W9 Information
  • Financial Analysis to Ensure Accuracy
  • Prepare Monthly Standard Financial Reports
  • One Monthly Review Meeting

Strategic CFO Services

  • KPI Results
  • Analysis of Financial Results to Industry Benchmarks
  • Financial Ratios & Trend Analysis
  • Financial Statements by cash and accrual method.
  • Breakeven Point Analysis
  • 90 day Cash Flow Analysis
  • 12 month rolling Forecast & 5 yr Forecast
  • 12 month rolling Budgets
  • Debt Schedule Maintenance
  • Equipment and Depreciation Schedule Maintenance

Free Initial Consultation

  • Schedule a 30 mins initial consultation to review your business needs. 

Strategic Planning Meeting for Existing Clients

  •  Schedule your Strategic Planning Meeting

Monthly Review Meeting for Existing Clients

Schedule your Monthly Review meeting for existing clients to review your financial reports with your account specialist.

Click to Schedule with Michelle, Anne, Erin or Megan

What are the biggest issues practices face?

  • Lack of financial clarity
  • Managing cash flow
  • Lack of experience and knowledge from your managerial accounting firm
  • Support Service Compliance
  • Optimizing tax process

 

Why should I use an outside accounting firm?

Good Margins Dental Accounting is one of only 10 accounting firms that are are  members of the Academy of Dental Management Consultants. The ADMC has established itself as the leader in the dental industry to match dentists with excellent consultants who can help guide the way to  professional success. ADMC consultants are required to meet the  academy’s strict standards and stand out in their field. 

     

    Why Does It Matter if I Hire a Dental Accounting FIRM?

     In addition to membership in the ADMC, we have review boards and continuing  education requirements. Read more about the Benefits of a Dental accounting, DSO accounting and  Medical Specific Accounting firm. 

    Serving Our Clients

    Other  companies pay for office space which means you pay for it. The web is  our office creating savings for you. Our accounting firm has been  serving our clients for the last 30 years. Our team has grown and  includes experienced and dedicated staff to provide professional dental  accounting, DSO accounting and DEO accounting method services. We  provide monthly accounting and strategic managerial  services for the  dental industry specializing in Intuit QuickBooks, Sage Intacct and  NetSuite.

    Our Specialized Knowledge has helped dental professionals thrive and we’re ready to help you.  Unlike other DSO CFO dental accounting firms, we will never outsource  any functions to other countries. All your information is kept secure  with our US based team members.

    About us

    Our Values

    We want to provide you with an opportunity to get to know our staff as well as our firm’s values before you meet with us. The following pages give you an idea of what we’re all about.

    Our core values include teamwork, honesty and accountability while having FUN. We are not your average boring accounting firm, we are a little QUIRKY.

    We service practices from solo practitioners to multi-location DSOs. Our largest client has 17 locations and our smallest are stand alone practices. We can handle a wide variety of organizations.

    Experience

    Good Margin Dental Accounting is a division of LeeAnne CFO. It all started as a result of working with various small businesses. We quickly discovered that many didn’t know how to read or understand what their financial information was telling them. They also didn’t comprehend how to use that information to grow while increasing profitability.

    Our Dental Accounting Associates have been working in the accounting industry for 30 years with the past 5 years being in the dental industry. Michelle Lee holds a bachelor degree in accounting and MBA in finance. She has held the titles of Director of Finance, CFO and controller in business ranging from a city municipality to construction to dental.

    Anne has a background in marketing, programming, health and dental accounting. She is currently continuing her education into forensic accounting, she is our favorite researcher at heart. She dug in and figured out the PPP related needs of our dental clients and most recently has taken on ERC projects saving our clients tens of thousands of dollars.

    We specialize in small business accounting through QuickBooks online. We also work with Sage Intacct and NetSuite.

    Consistency

    Good Margin’s competitors talk about disrupting the industry but who wants that?. We, like you, want business partners we can count on who understand the value they bring and how to maximize that value.

    We don’t want to disrupt or break anything. WE FIX THINGS. This makes your business decisions easier because we provide you accurate data and better information to plan for the future.

    The only thing we are disrupting is the idea that your accounting firm needs to be local. COVID has taught us that the best services are not always local and we strive to provide the very best services to your business no matter where you are located.

    Strategic Partners

    MANAGEMENT BIO

    Michelle Lee

    Career Summary

    Michelle has extensive experience from junior level responsibilities to upper leadership positions. She has completed all the required CPA experience and education. Areas of experience include: A/R, credit & collections, A/P, general ledger, month-end close, financial statements, annual budgeting and forecasting, external audit management, statistical analysis of financial information, fraud and loss prevention, complex account reconciliation and accruals, inventory management, payroll processing, and benefits and human resources administration.

    Michelle has been working in accounting for 30 years with the past five years being in the dental industry. She holds a bachelor’s degree in Accounting and an MBA in Finance. She has held the titles of Director of Finance, CFO, and Controller in businesses ranging from a city municipality to construction to dental.

    Positions Held

    LeeAnne CFO Dental Accounting Title: Owner and CFO for 2 years
    Dental CFO Accounting, (Contracted to Straine Dental Management) Title: Vice President of Finance for 3 years
    Global Access Title: Controller for 3½ years
    The Leonardo Museum Title: Director of Finance for 1 year
    City of Princeton Illinois Title: Director of Finance for 1 year
    Vitamin Lady Title: Controller for 10 years
    GIAB, LLC (Manufacturing) Title: Director of Finance for 3 years

    Mary Anne

    Career Summary

    Anne has been working in different branches of accounting for 17 years with the past five years being in the dental industry. She has a background in marketing, programming, and health and dental accounting. Her area of study was Accounting with an emphasis on Forensic Accounting. She is our favorite researcher at heart. She dug in and figured out the PPP related needs of our dental clients and most recently has taken on ERC projects saving our clients tens of thousands of dollars.

    Positions Held

    LeeAnne CFO Dental Accounting Title: Owner and COO for 2 years
    Dental CFO Accounting, (Contracted to Straine Dental Management) Title: Senior Accountant for 3 years
    SocialClimb Title: Senior Accountant for 1½ years
    Global Access Title: Fraud Prevention Manager for 3½ years
    The Leonardo Museum Title: Director of Hospitality for 1 year
    The Massage Boutique Title: Owner and CFO for 4 years
    Nuttall’s Sewing Center Title: Sales Manager for 2 years
    LeeAnne CFO Staff Skills and Experience
    30 years accounting experience, including multi-company accounting. Five years experience with annual external audits. 15 years budget, financial reporting, month-end close and cashflow management, human resources and payroll experience for up to 250 employees, payroll reporting and tax filing, A/R and A/P management, collections, cash management payment processing. Five years cost accounting and three years manufacturing accounting. Two years fraud and loss prevention management.
    15 years experience in sales and customer service training.
    20 years computer experience with spreadsheets, desktop publishing, networking, database management, point of sale software, ERP systems, and e-commerce site and web construction. Computer programs include Expensify, ERP systems, QuickBooks, Sage Intacct, Word, Excel, Outlook, FrontPage, Publisher, PowerPoint, Adobe Photoshop, Salesforce, FilemakerPro, and various industry specific software.
    Industry Experience: Dental accounting, international shipping, logistics and forwarding services, government and not-for-profit, manufacturing and wholesale distribution, retail and e-commerce, restaurant and hospitality, natural health and supplements, construction, insurance, banking, mortgage, music production, medical billing and coding, insurance claims, medical accounting, human resources, payroll, and real estate rentals.
    We specialize in small business accounting through QuickBooks online. We also work with Sage Intacct and NetSuite.

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