Common use of Accounting; Bookkeeping and Reports Clause in Contracts

Accounting; Bookkeeping and Reports. The MSO shall provide for or arrange for all accounting and bookkeeping services related to the New PC's operations, provided that such services are incurred in the ordinary course of business. In addition, the MSO shall provide the New PC with an unaudited internal monthly statement within twenty (20) days after the end of each month and a quarterly review within thirty (30) days after the end of each quarter, respectively, of the MSO's internal statements, as well as the books and records of the New PC, all prepared by or with the assistance of an accountant chosen by the MSO. At the end of each fiscal year of the New PC, the MSO shall arrange for a financial statement with respect to the New PC to be prepared by the MSO's accountant. At the New PC's request, the MSO shall prepare reports indicating the gross revenues, number of patients, type of patients, and the activity and the productivity of the New PC. The MSO shall assist and advise the New PC in the financial management of the New PC.

Appears in 11 contracts

Samples: Security Agreement (Omega Orthodontics Inc), Management Services Agreement (Omega Orthodontics Inc), Management Services Agreement (Omega Orthodontics Inc)

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Accounting; Bookkeeping and Reports. The MSO shall provide for or arrange for all accounting and bookkeeping services related to the New PC's operations, provided that such services are incurred in the ordinary course of business. In addition, the MSO shall provide the New PC with an unaudited internal monthly statement within twenty (20) days after the end of each month and a quarterly review within thirty (30) days after the end of each quarter, respectively, of the MSO's internal statements, as well as the books and records of the New PC, all prepared by or with the assistance of an accountant chosen by the MSO. The New PC shall be responsible for preparing and filing its own Federal, state and local tax returns. At the end of each fiscal year of the New PC, the MSO shall arrange for a financial statement with respect to the New PC to be prepared by the MSO's accountant. At the New PC's request, the MSO shall prepare reports indicating the gross revenues, number of patients, type of patients, and the activity and the productivity of the New PC. The MSO shall assist and advise the New PC in the financial management of the New PC.

Appears in 2 contracts

Samples: Security Agreement (Omega Orthodontics Inc), Management Services Agreement (Omega Orthodontics Inc)

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Accounting; Bookkeeping and Reports. The MSO shall provide for or arrange for all accounting and bookkeeping services related to the New PC's operations, provided that such services are incurred in the ordinary course of business. In addition, the MSO shall provide the New PC with an unaudited internal monthly statement within twenty (20) days after the end of each month and a quarterly review within thirty (30) days after the end of each quarter, respectively, of the MSO's internal statementsstatements related to the PC, as well as the books and records of the New PC, all prepared by or with the assistance of an accountant chosen by the MSO. At the end of each fiscal year of the New PC, the MSO shall arrange for a financial statement with respect to the New PC to be prepared by the MSO's accountant. At the New PC's request, the MSO shall prepare reports indicating the gross revenues, number of patients, type of patients, and the activity and the productivity of the New PC. The MSO shall assist and advise the New PC in the financial management of the New PC.

Appears in 2 contracts

Samples: Security Agreement (Omega Orthodontics Inc), Security Agreement (Omega Orthodontics Inc)

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