Financial Record Keeping

A woman reviews her financial records on a computer monitor.

3 min. read

As a doctor, you no doubt already know how important it is to keep detailed patient records. But your internal financial records are just as important. Not only does it keep you intimately aware of what’s going on in your business, it also gives you the best control over expenditures and cash flow.

Why Does Record Keeping Matter?

Recordkeeping provides information on the financial health of your business and enables you to:

Keep track of what you own and what you owe to others

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