LedgerMatch
Bank Reconciliation for Dental Practices in Providence, RI
A practical CSV-based bank-to-ledger workflow for dental practices bookkeepers serving businesses in Providence.
Bookkeeping context in Providence
Providence is Rhode Island's capital and commercial hub, with healthcare, higher education (Brown University, RISD), and professional services driving steady small business demand. Citizens Bank (founded in Providence) is the dominant commercial bank in Rhode Island. LedgerMatch handles Citizens' CSV format alongside all major national bank exports, reconciling Providence business accounts against QuickBooks or Xero in under 10 minutes.
Dental Practices reconciliation workflow
Dental practices receive payments from a complex mix of sources — insurance ERA deposits from Delta Dental, Cigna, Aetna, and Metlife, patient copays and out-of-pocket payments via POS terminal, and patient financing payouts from CareCredit or Lending Club. Each source deposits on a different schedule and in a net amount that doesn't match the ledger entry amount. LedgerMatch matches every insurance payout and patient payment against your QuickBooks or Dentrix ledger in under 10 minutes.
Local and industry considerations
- Rhode Island has a flat 7% corporate income tax. Providence businesses need accurate monthly reconciliation for quarterly estimated payments and the annual corporate return.
- Insurance reimbursements and patient co-pays arrive via EFT, check, and credit card at different intervals and often net of adjustment amounts — careful monthly matching against QuickBooks is essential.
Common banks and accounting tools
- Citizens Bank
- Bank of America
- Webster Bank
- Wells Fargo
- Chase
- Bank of America
- QuickBooks Online
- Dentrix
Explore related resources
Install LedgerMatch
Choose the browser or spreadsheet workflow that fits your team.