Medical Accounting Specialists
Sandercoe Accounting is a boutique accounting firm specialising in accounting services for doctors and other medical professionals in Sydney. We offer a complete range of business and tax services including medical book keeping. We have advised many doctors through all stages of their careers as Interns, Residents, Registrars, VMOs and Consultants.
We journey through your career with you from the beginning with simple tax returns through your training years, then setting up your practice with the right structuring advice including the use of family trusts and service entities and onto helping you manage your own self managed superannuation fund when the time is right for a wealth accumulation strategy.
Did you know that we offer a free consultation and 10 point business plan for starting your medical business? Register your interest below or keep reading!
What Makes Us Medical Specialist Accountants?
Being married to a plastic surgeon for the last twenty years Nicole has a unique understanding of the medical profession. Having set up specialist practice rooms in Bella Vista, we know what it takes to start from scratch and run a successful practice within 3 to 5 years.
We are able to help you with the day to day running of your practice. We have experience with medical suppliers, medical billing systems, private health insurance companies, and Medicare to name a few. We can also guide you through the bigger picture stuff like equipment finance, purchasing or leasing rooms, branding, marketing strategies and even websites.
Check out our real client stories to read about how we have helped other doctors like you.
What Makes Us Medical Bookkeeping Specialists?
Having more than 20 years’ experience with medical bookkeeping we know who your medical suppliers are, the treatment of your GST Free sales and supplies, and most importantly what is tax deductible to maximise your expense claims and minimise the amount of tax you pay. We understand your business and your business structure so we can claim all of the allowable expenses and structure your income using effective business structures to reduce the tax you need to pay.
We are experienced in a wide range of accounting systems including all versions of MYOB, Reckon and Xero. As medical profession specialists we also understand the medical industry software applications such as Genie and how this interacts with your medical bookkeeping accounting systems. If you are currently using a book or an Excel spreadsheet we are more than happy to make recommendations to make your system more efficient depending on your individual circumstances. We are also able to assist you with the transition to a new system if required. With Xero accounting software and bank feeds, bookkeeping has become even easier to offload to medical bookkeeping specialists.
Why Choose Us For Your Medical Bookkeeping?
As qualified chartered accountants we are able to process your information faster than your average bookkeeper. We will also make minimal mistakes (nobody is perfect!) which will also decrease the cost of your end of year tax and accounting services saving you money. Our bookkeeping will have your accounts ready for submission to the ATO as soon as the financial year has ended. Our medical bookkeeping costs also include the preparation of your business activity statement each quarter also saving you money by not having to send the information to your accountant each quarter for checking and lodging. Bookkeeping does not have to be expensive if done right. To find out more about our bookkeeping services – click here.