The VMORE model enhances your private practice capabilities so that you have the freedom to perform at your best.
VMORE’s bookkeepers are vigilant about compliance with taxation legislation and consistent adherence to business reporting obligations and time-frames. We use leading accounting packages and liaise with your accountants to facilitate the smooth financial operations of your business.
Keeping your practice books healthy
Often practice owners consider this activity to be basic administration/data entry, however not having a strong understanding of accounting principles, legislative instruments that impact on a healthcare practice’s GST reporting can leave a practice exposed.
Our strict policy of separation of duties and privacy compliance ensures that the potential for fraud is eliminated and that only authorised staff can view your financials.
Our Medical Practice Financial Management service provides Xero and MYOB managed:
» data entry
» accounts receivable
» accounts payable
» bank/loan/credit card reconciliations
» BAS and IAS submissions
» superannuation guarantee submissions
» payroll services including payment summaries
» liaison with your accountant
» service fee calculations
» practice performance reporting
Privacy and confidentiality are second nature to us, which is particularly important in multi-provider situations.