Bookkeeping and Accounting for Optometrists
Looking for a bookkeeper and accountant for your optometry practice? We do your books, so you get more time to focus on perfecting vision. Sign up today and get a free month of bookkeeping, valued at $299.
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How Bench works with optometrists
Optimize your bookkeeping, income tax preparation, and filing with the help of experts—all conveniently organized on one powerful platform. Bench works seamlessly with optometrists.
We get you set up
Our team dedicates time to thoroughly understand your optometry practice, answer any inquiries, assist you in linking your accounts, and demonstrate how Bench operates in sync with your business needs.
We do your bookkeeping
Each month, your bookkeeper arranges your optometry clinic's transactions and readies financial reports. If they need further information from you, they'll promptly reach out.
We deliver tax-ready financials
Our team of experts is well-versed with the taxation stipulations specific to optometry practices, and we tailor our approach to match your individual business requirements.
Here’s why optometrists like you trust Bench with their bookkeeping and accounting
Get fast, unlimited support from our expert advisors
We're constantly available for financial updates related to your optometry practice. Have vital inquiries that just can't hold off? Rest assured, we'll respond within one business day - if not sooner.
Guaranteed accuracy in every detail
Our platform allows you to automate data inputs from key providers, effectively eliminating typical errors. We collaborate with popular merchants like Gusto, Stripe, Shopify, and Square—ensuring your financial records as an optometrist are always precise.
See where you’re spending. Make smart decisions
Say farewell to mountains of patient files and tedious manual record-keeping—with Bench Accounting, we automate data entry directly from your linked accounts. Gain profound insights from one centralized dashboard, allowing you to easily gauge the financial wellbeing of your optometry practice and make informed strategic decisions.
Bench integrates with your favorite small business tools
We sync seamlessly with your financial accounts and tools to keep your books up-to-date and save you the time and effort of manually uploading documents.
Trusted by 25,000+ American small business owners
CHRIS RONZIO
DR. BUKKY KOLAWOLE
HEATHER SHOLL
We know bookkeeping for optometrists
Navigating the financial complexity of running an optometry practice can be a daunting task especially when it comes to industry-specific taxes, regulations, and bookkeeping issues. You're familiar with the unique challenges, such as the need to maintain meticulous records due to the healthcare regulations, strict inventory tracking of optical equipment, lenses and frames, and deciphering complicated insurance billing and reimbursements. At Bench, we understand these challenges and have a team of experienced bookkeepers who specialize in accounting for optometrists. We're well-versed in specific tax deductions relevant to your field such as clinical and office equipment, professional dues or licenses, and ongoing educational expenses.
Our system combines robust software with a team of real, human bookkeepers. We deliver accurate, timely financial reporting, guiding you through every step of the bookkeeping process. Plus, we manage all bookkeeping and tax-related aspects, freeing you from the complexity of financial management so you can focus on your patients. When tax season arrives, we help you prepare by ensuring all documentation is accurate, up-to-date, and ready for filing. Additionally, our knowledgeable team remains at your disposal to answer queries, provide insights or handle any bookkeeping issues specific to your optometry practice. At Bench, we're not just managing your books, we're part of your team ensuring the financial health of your practice.
Simple, straightforward pricing for everything your business needs.
Join over 35,000 US-based business owners who have streamlined their finances and have grown their businesses with Bench.
Choose Plan
Bookkeeping
billed annually. 100% tax deductible.
Bookkeeping & Tax
billed annually. 100% tax deductible.
Bookkeeping
billed monthly. 100% tax deductible.
Bookkeeping & Tax
billed monthly. 100% tax deductible.
Frequently Asked Questions
As an optometrist, there are a number of specific tax deductions you may be eligible for. These can often include expenses related to medical equipment, professional insurance, licensing fees, office space, staff salaries, continuing education, and even certain travel expenses related to your job.
Our team of expert accountants at Bench Accounting are highly experienced in the specific needs and opportunities related to the optometry industry. We strive to stay updated on the latest tax legislation and available deductions that can directly benefit your practice. We will work closely with you to understand all perceptible expenditures of your professional operations, ensuring we capitalize on all possible tax deductions to reduce your tax liability.
We also help you plan ahead for your taxes by providing advice on ways to organize and manage your financial records, thus ensuring maximum utilization of tax benefits for your optometry practice. Our goal is to take the stress out of bookkeeping and taxes, allowing you to focus on what matters most – providing excellent care for your patients.
It's time to get the most out of your optometry practice's finances. Let Bench Accounting provide you with the expertise you need to maximize your tax advantages.
Our bookkeeping services at Bench Accounting, extend beyond just managing your finances. For optometry practices, we know that managing inventories of eyeglasses, contact lenses, and other eyecare products is crucial to your business operation. Our skilled bookkeepers can aid you by:
- Tracking purchases and sales of your products, thus ensuring an accurate count of your current inventory.
- Identifying trends in sales, which can be useful for anticipating future demand and for timely reordering of supplies.
- Monitoring cash flow related to inventory - what’s being invested in inventory, cost of goods sold (COGS), and the valuation of remaining inventory. This is integral to measuring profitability and financial forecasting.
- Underscoring potential issues such as overstocking or understocking which can lead to losses or missed sales opportunities.
Navigating through these inventory management tasks with the help of an expert bookkeeping service like Bench Accounting, allows you to direct more of your time and focus towards your patients.
There are specific financial regulations relevant to optometry practices including tax regulations, HIPAA compliance, understanding of medical billing and coding, and healthcare-specific accounting standards. Bench Accounting is well-versed in these areas and our expert bookkeepers and accountants have vast experience in managing finances of healthcare businesses including optometry practices.
We offer personalized, professional services tailored to your unique needs to help ensure your business remains compliant. Using secure technology, we manage your bookkeeping in a way that adheres to existing laws and regulations, ensuring your financial data remains confidential and secure. Plus, we stay updated with any changes in regulations, adjusting our services as necessary to keep your business in compliance.
Nope! All bookkeeping is completed in-house.
Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.
We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.
Bookkeeping Services for Optometrists
Discover how we can help you have better finances with a personalized demo from a Bench expert, ready to answer all your questions. Sign up as a customer today and get a free month of bookkeeping.
No credit card required. By clicking ‘Get Started’, I agree to Bench’s Terms & Privacy Policy.