Bookkeeping For Doctors

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Bookkeeping Professionals

Understand how your practice is performing

Specialist medical practices often face some of the most complex accounting challenges.

Working with a bookkeeper that specialises in the medical industry is one way to mitigate these complications and keep your business running smoothly.

With decades of experience, our bookkeeping professionals are both qualified and uniquely skilled to support specialist practitioners, surgeons,  psychiatrists and practice managers in managing their practice numbers.

Supporting your practice now and into the future

As a registered BAS agent, the VMORE Bookkeeping Service not only helps maintain compliance with your GST and payroll obligations, we also provide payables, receivables and reconciliation services.

Not keeping well-managed finances is a huge risk, and it could lead to serious trouble down the road. We provide practice owners and practice managers with peace of mind, knowing that experienced bookkeepers are keeping track of and maintaining your financial health.

Our aim is to make sure you have the numbers to make informed financial decisions.

Learn how we can make a difference for you.

Bookkeeping Professionals

Bookkeeping packages to suit all practice entities

Whether you’re a solo practitioner, group practice or service entity, we support you to meet your GST, payroll and superannuation compliance obligations.

Bookkeeping Professionals
Bookkeeping Services for Solo Practitioners

We can help you from the very first day, from helping you choose and set up your accounting software through to calculating your service fees.

Bookkeeping Professionals
Bookkeeping Services for Service Entities

We can help you set up and manage your service entity. We’re specialists in bookkeeping and accounting for doctors, and we’ll make sure your entity is set up correctly and that your books are always in order

Bookkeeping Professionals
Bookkeeping Services for Group Practices

There are many benefits to joining or starting a group medical practice. Our Group Entity service is best suited to practices looking to fully outsource their bookkeeping and practice support operations.

Our staff have considerable expertise in medical bookkeeping and VMORE (Virtual Medical Office Pty Ltd) is a Registered BAS Agent with the Tax Practitioners Board abiding by the Code of Professional Conduct.

Privacy and confidentiality are second nature to us, which is particularly important in multi-provider situations.

Reach out to speak with us about bookkeeping services for medical professionals

Our Specialist Medical Bookkeeping Services include:

Our full range of bookkeeping services for doctors will support you to understand how your practice is performing, make informed decisions for your future, and maintain a healthy and profitable practice. Services include:

  • Accounting system and software set-up
  • Account reconciliation
  • Accounts receivable
  • Accounts payable
  • BAS and IAS submissions
  • Payroll services – Single Touch Payroll and Payroll Tax
  • Superannuation obligations
  • Liaison with your accountant
  • Service fee calculations, invoicing and collection
  • Monthly financial reports

Reach out for a no-obligation assessment of your practice needs.

Maintain Your Medical Practice Financial Health

Better financial understanding of your practice means you can make better strategic decisions for your practice. We know that our bookkeeping services for doctors help our clients improve their understanding of the numbers and therefore feel greater confidence in making timely, strategic decisions.

VMORE offers a team of experienced bookkeepers who specialise in working with medical practices just like yours. 

We understand the financial challenges that come with running a medical practice, and we are committed to helping you maintain accurate financial records, a positive cash flow and stay compliant with all applicable tax laws.

Reach out for a no-obligation assessment of your practice needs.

Frequently Asked Questions

Our Healthcare Bookkeeping and BAS Agent service provides monthly management reports on the financial performance of your practice while our Practice Managers have oversight of your whole practice to ensure it is running efficiently.

Calculating provider reimbursements or service fees, facilitating payroll, and reconciling accurately between your practice management and accounting software requires attention to detail, knowledge of the healthcare sector payers’ methods and time frames along with standard accounting principles.

Often practice owners consider bookkeeping to be basic administration/data entry, however not having a strong understanding of accounting principles can have a significant impact on a healthcare practice’s business success.

GST reporting can leave a practice exposed to penalties or tax implications.

Bookkeeping for doctors’ offices is a specialised service and should be engaged before you open your practice. A medical bookkeeping service will make sure your accounting system is set up correctly, you receive the right financial reports and you avoid unnecessary costs.

However, if you’ve been doing your own bookkeeping, or you’re looking to change your service provider – it is never too late to enlist the help of VMORE experts to help you take control of your accounts and increase profitability.

Explore Services Designed to Support your Practice

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