Our experienced healthcare accounting team will help you with all aspects of tax planning and compliance, so you can focus on growing a patient-centric business in the healthcare sector. We can help with the following:

• Bookkeeping

  Your bookkeeping will be kept up to date on a weekly basis, ensuring your suppliers are paid on time and your financial records, including all items of expenditure such as travel and expense receipts, are collated and included. Our experience is that many hospital doctors forget to include numerous expenses and implementing easy processes ensures this is avoided, therefore saving you money. Read more about our bookkeeping services.

• Monthly Management Reports

  Your specialist medical accountants will produce a monthly report for you, giving you all the information that you need to review your financial performance and identify issues at the earliest opportunity. You will easily be able to review profitability, cash flow and ensure that key measures such as aged debt are under control.

  Your healthcare accounting team can manage your payroll for your employees in a cost-effective manner, including management of your HMRC responsibilities and pension.

  The key to successful financial management is establishing good processes using the right systems. Designated Medical is a Xero Bronze partner, and members of our finance team are Xero advisor certified. Xero is the perfect finance solution for most consultants and clinics, providing a fully integrated suite of services, for example, Xero integrates with your bank account to enable easy reconciliations and is also integrated with most practice management systems.

• Healthcare Accounting

  Your medical accountants will produce your year-end accounts and your tax submissions in a professional and easy format. The process will be easy as all the hard work has been done in a timely manner throughout the year.

• Complimentary financial health check for healthcare professionals

  Your medical accountants will invest time to understand your personal situation and provide you with insightful information and expert advice. There is no obligation to use our healthcare accounting services. However, during an initial consultation, our expert team will discuss how Designated can support you with the next steps to improve your financial health.

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Would you like the team to get in touch and start your conversation today?

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No problem, you can download our medical accountancy brochure here- https://designatedmedical.com/wp-content/uploads/Designated-Medical-Accountancy-Brochure-2024.pdf