Common use of Bookkeeping and Accounting Services Clause in Contracts

Bookkeeping and Accounting Services. Manager shall provide Group with all bookkeeping and accounting services Manager deems necessary or appropriate for the efficient and proper operation of Group. Such services shall include, without limitation, the maintenance, custody and supervision of business records, papers, documents, ledgers, journals and reports relating to the business operations of Group; the establishment, administration and implementation of accounting procedures, controls, forms and systems; the preparation of financial reports; the planning of the business operations of the Group; the payment of accounts payable (including claims administration and payment) and collection of accounts receivable; the preparation of necessary Group tax returns (as opposed to the tax returns of individual Group Physicians which shall be the responsibility of each physician); and the administration of the compensation formula and compensation distribution system established pursuant to the terms of this Management Agreement.

Appears in 4 contracts

Samples: Management Services Agreement (Talbert Medical Management Holdings Corp), Management Services Agreement (Talbert Medical Management Holdings Corp), Management Services Agreement (Talbert Medical Management Holdings Corp)

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