Bookkeeping and reconciliation
Accurate, current records, bank and wholesaler reconciliation, PBS income checked and matched. Your accounts are always ready, not reconstructed at year end.
Pharmacy and health bookkeeping
Bookkeeping, payroll and BAS for community pharmacy and health businesses — with live reporting and Benchmarking that shows you how your business is tracking against the market, while you can still do something about it.
The problem
Your accountant tells you how last year went. Your point-of-sale tells you what sold yesterday.
Neither tells you that your wage percentage has drifted two points above the market, or that a category has quietly stopped paying for its shelf space, or that a PBS payment will land late because of a public holiday and your supplier run is due the same week.
We do, because we are running pharmacies at the same time as we are running your books.
What we do
Accurate, current records, bank and wholesaler reconciliation, PBS income checked and matched. Your accounts are always ready, not reconstructed at year end.
Payroll processed, classifications checked against the award, a contracted-hours register you can rely on, and exception reporting that flags a problem in the week it happens — not at audit.
Prepared and lodged on time by a registered BAS agent, every month.
A monthly reporting pack and a live view of your numbers. Category margin, wage percentage, script volume against revenue, and what changed since last month.
How your business compares with the market, reported to the month and the quarter — not an annual average of last year. You see the trend while it is still moving.
Rostering, HR setup and recruitment through TalentWell, across pharmacy, medical, nursing and allied health. The numbers and the people, from one place.
Buying your first pharmacy or taking a share of one? We explain the numbers before you commit, then set up Xero, payroll, award classifications, rostering, reporting and staff from settlement day.
Why us
More than 30 years of community pharmacy ownership and pharmacy management since 2002. We manage a portfolio of pharmacies today. When we talk about your day to day, it is because it is ours as well.
Most Benchmarking in this industry is an annual publication of last year’s averages. Ours reports to the month and the quarter, at category and wage-line level, so you can act while it matters.
Payroll exception reporting, contracted-hours validation and classification testing run whether or not anyone remembers to check.
We are not owned by, or aligned to, a buying group. Your financial data stays with us.
Who we work with
Independents and groups, whether you are doing the books yourself, running a system that was never set up properly, or paying a provider who only ever sends you compliance work.
Award-heavy payroll, multi-practitioner rosters, and the same need for reporting that arrives in time to be useful.
First-time owners and new working partners, who need the numbers explained before they commit and everything in place from day one.
In their words
We receive clear, consolidated reporting with meaningful targets and benchmarks. We know where our business stands, what we are aiming for and where we need to focus. Having this clarity has made a real difference to how we plan and make decisions, giving us greater confidence in the direction of our business.
I would have signed all sorts of things off each month, and now it is completed simply and quickly.
No fee, fixed scope
Five business days, fixed scope, no fee. We look at your gross margin, wage percentage and category mix, compare them with our Benchmark pool, and give you a one-page summary with three things to act on. If it is useful, we will talk about what comes next. If it is not, you have still got the Benchmark review.