CanyonMD Accounting
CanyonMD’s team of highly experienced experts takes care of all your accounting needs
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CanyonMD Accounting
CanyonMD Accounting will perform services to your practice such as bookkeeping, accounting, payroll and purchasing. Our finance and accounting services provide the solution to your in-house accounting headaches and offer peace of mind while reducing overhead. CanyonMD provides accounting services that are tailor-made for your practice and to your specifications. With our experienced team, you will be able to focus on patients while still obtaining accurate, timely and reliable financial support and information regarding your practice. Accurate bookkeeping and accounting is essential to your practice’s long-term viability.
Features at a Glance
Featured solutions to run a more efficient practice
CanyonMD Bookkeeping
Accounts Receivable
Accounts Payable
General Ledger
Journal Entry
Expenses Ledger
Bank Account Reconciliation
Credit Account Reconciliation
Sales tax processing
CanyonMD Accounting
Income Statement (Profit & Loss)
Balance Sheet
Trial Balance
Cash Flow Statement
Inventory Accounting
Sales tax processing
Preparation and review of monthly financial statements
Preparation and review of quarterly financial statements
Preparation and review of year end financial statements
Preparation of year-end W-2 forms
Preparation of year-end 1099 forms
Tax preparation
CanyonMD Payroll
Direct Deposit and Electronic Fund Transfer (EFT)
Payroll checks printing
Payroll tax compliance, e-filing, tax payments
Payroll reporting by employee or department
W-2, W-3, and 1099 processing
Monthly, quarterly, and annual payroll tax reports
Payment of third-party withholdings such as insurance
Year-end Processes
CanyonMD Purchasing
Inventory management
Place orders with vendors
How does CanyonMD work with your practice: 3 Different Options
Option 1 – Remote
Software at practice’s office – We connect to practice’s computers using VPN or encrypted technology. We then remotely work directly in your own computer
Option 2 – Off-Line
Software at CanyonMD’s office – We do the work using software at CanyonMD’s office and send the updated files back to you on a periodic basis
Option 3 – Cloud
Cloud based software – Login to the online version of the software and complete the work
