Practice Profit Calculator

Practice Profit Calculator

by John Ratowski

0 ratings
$2.99

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Details

  • Released
  • Updated
  • March 5, 2022
  • January 17, 2023
Practice Profit Calculator screenshot #1 for iPhone
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About

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.
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What's New in Practice Profit Calculator

1.2.0

January 17, 2023

Version 1.2.0 will calculate practice or business profits for up to 12 owners instead of a maximum of five. The number of shares owned by each owner can also be entered and used for profit splitting calculations. There are now four specific business types (General Business, Professional Practice, Medical Practice and Dental Practice).

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