Practice Profit Calculator is an app that calculates profits and various ratios for professional practices or similar businesses. You can use it to see how changes in revenues and expenses effect your practice's bottom line and how much profit each owner makes. It mainly divides a business' profits in proportion to the amount of revenue that each owner collected. Practice Profit Calculator can also calculate dividends based on ownership percentage. This isn't a replacement for your practice accounting software. It is intended to be used to quickly visualize the impact of adding new employees or owners, merging with another practice or purchasing a large piece of equipment.
Features:
Ad-free
Up to Five Owners (with Equal Ownership Percentages)
Three different Dividend types: Collections, Profit, Fixed
Example Calculations:
Practice Overhead Percentage
Overhead Paid by Each Owner
Owner Profit to Collections Percentage.
