Optimising your health care practice accounting systems

Optimising your health care practice accounting systems

Grafton Medical Centre Outside View

Here at The Accounting Hub we have our fingers on the pulse of accounting systems for health care professionals. We work with doctors, health specialists and clinic administrators to help health care centres operate smoothly behind the scenes.

Running a medical centre, and taking care of patients, can mean long, demanding days that are filled to the brim with action. The professionals we work with want to focus on their patients and staff, not worry about their books. That is why Xero is the perfect tool for heath professionals.

Xero helps you track stock

Behind the scenes there are lots of moving parts. Keeping track of stock quantity and value on a daily basis is important. Xero has inventory management software tools to help you keep track of stock levels and values on a daily basis. Xero calculates the value of the goods you have on hand using the average cost method. You can import large inventory numbers from a spreadsheet so Xero can get you underway fast. They even provide a handy CSV template, brilliant.

Xero helps track appointments

Sync Xero with third-party healthcare apps for appointment scheduling, practice management and more. Hold all your information in the palm of your hand and manage your practice from an integrated platform. The Xero dashboard and mobile app mean you can take your businesses temperature anytime, night or day. This means you always know where you are at, genius!

Doctor Using Business App

Drum roll… payroll

Taking care of your staff has never been easier. Pay your staff, track working hours and approve leave is easy with online Payroll in Xero. Your employees, the lifeblood of your business, can gain access to their timesheets, payslips and apply for leave through the handy little Xero Me App. Xero will then make payday filing simple, linked directly to Inland Revenue to tackle the task. Your accounts will be updated and you will always know where things are at in Payroll.

Xero is a lifesaver

Not only can Xero improve the health of your business, your practice can become paperless, efficient and highly systemised. Medical centre administrators are able to streamline workflow, automate and keep the finances in check. Business performance can be improved by gaining additional time for patients, staff and future planning for your clinic. Having Xero available on the mobile app means you can monitor the vital signs of your business health easily.

Here at The Accounting Hub we believe Xero can help medical practices thrive. Having your systems, finance and administration sorted means you can get back to what you love to do, taking care of your patients.

More about accounting for healthcare providers

How we help medical professionals

FAQs for new medical contractors

Client profile: Grafton Medical

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