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4.4 Assessing Financial Sustainability
 Ultimately,
a clinic’s financial statements provide a bottom line about
its financial sustainability by comparing annual figures. (See section
4.3 of
this module for more information about financial statements.) However,
clinics can’t wait until the end of the fiscal year to monitor financial
sustainability. Therefore, depending on the size of your dental clinic and whether
it is part of a larger organization (e.g., agency, hospital, or health center),
financial operations may be managed through an existing data system, an accounting
software package, or a computer spreadsheet.
Accounting software packages produce an operating statement of revenue
and expenses showing both current month and year to date, calculating
the variance between these actual figures and budgeted amounts. Examples
of accounting software packages include QuickBooks,
Peachtree,
and MIP.
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