Nearly the end of the financial year!

It has come around fast, and it’s nearly the end of the year! Remember there are some key things to consider this month:
1. Superannuation paid to your team is only deductible in this financial year if it is paid in this financial year – you may want to pay superannuation before 30 June
2. Money you pay into your superannuation each year has a cap on it to be a tax deduction – check with your accountant if you are thinking of putting extra money into superannuation as a tax deduction.

Make sure you have booked a tax planning meeting with your accountant so you know what to do before the end of the year and have an idea of what your tax and tax instalments on BAS will be in 2026.

Streamline your practice, bookkeeping tailored for veterinary business!

Are you a busy veterinary professional feeling in the dark about your financials whilst caring for your patients? We get it. The unique financial ins and outs of a veterinary practice can be complex and time-consuming. That’s where we come in.

Contact us to find out more!

Remember that we don’t just do bookkeeping; we only do bookkeeping for veterinary businesses and have been doing this for over 10 years. This specialization is your advantage. We understand the specific transactions, common expenses, and revenue streams unique to your field. This means less time explaining industry jargon to your bookkeeper and more time confident that your financials are in expert hands who truly understand your practice.

Tired of anonymous email chains and generic service? We believe in a personal touch. When you partner with us, you’ll be assigned your own dedicated, fully qualified bookkeeper. This isn’t just a name on an account; it’s a professional who will get to know your business intimately. And yes, they’re available for phone calls! Have a quick question or need to discuss a specific financial point? Your dedicated bookkeeper is just a call away, ready to provide the clarity and support you need.

Gain Real Insight, Make Informed Decisions. One of the most powerful tools for understanding your practice’s financial health is a clear and accurate Profit & Loss statement. We are committed to delivering this vital report to you by the middle of the following month – every month. No more waiting weeks or months to understand your financial position. With timely insights, you can make informed decisions about your practice’s growth, spending, and overall strategy, ensuring you’re always on the path to profitability.

Here’s what sets us apart:

• Veterinary-Specific Expertise: We speak your language and understand the nuances of your practice’s finances.
• Dedicated, Qualified Bookkeepers: A personal, expert point of contact committed to your success.
• Direct Phone Access: Quick answers and direct support when you need it.
• Timely & Accurate Reporting: Understand your financial position by mid-month to make proactive decisions.

Stop letting bookkeeping be a source of stress and start leveraging it as a tool for success.

Ready to experience the peace of mind that comes with expert, specialized bookkeeping?

Contact us today for a no-obligation quote and discover how we can help your veterinary practice thrive!

Strategic Pricing Web Masterclass 

Are you confident your current pricing strategy truly reflects the value you provide and is maximizing your veterinary practice’s profitability? In today’s evolving market, setting the right prices for your services and products is more critical than ever.

Many veterinary businesses struggle with:

• Underpricing services and impacting their bottom line.
• Knowing when and how to adjust prices strategically.
• Navigating client concerns about cost while ensuring high-quality care.

If these challenges resonate with you, we invite you to our upcoming webinar:

Strategic Pricing for Veterinary Businesses 18 June midday You’ll discover Practical Strategies for Price Setting & Adjustment – Learn actionable techniques for reviewing and updating your fee schedule effectively.

Don’t miss this opportunity to gain practical, actionable insights that can transform your practice’s financial future.

Ready to optimize your pricing strategy? Register here:

https://us02web.zoom.us/webinar/register/WN_3q8oJipjT52vJbDP7IY_bw

Xero fee increase

Please note that Xero has an annual fee increase in July. If we pay for your Xero subscription then we will be increasing your fee in line with the Xero fee change.

Dog Tales!

My mom always says that a vet’s financial health is like a dog’s health – you need to know what’s going on inside to keep things running smoothly. And trust me, I’ve heard some howling tales!

• The Case of the Missing Kibble (and Profits): One vet thought they were rolling in dough, but their bookkeeping was so tangled, they didn’t realize they were overspending on supplies. My mom helped them straighten things out, and suddenly there were a few extra treats!
• The Toy-less Terrier: Another practice couldn’t figure out why they couldn’t afford new equipment. My mom dug into their financials and found they were missing payment deadlines, paying late fees and interest unnecessarily. With some bookkeeping TLC, they’re now investing in the best tools, and everyone’s tail is wagging!
• The Stressed-Out Shih Tzu: This vet was so worried about their finances, they were a nervous wreck. My human showed them how clear, accurate bookkeeping could give them the confidence to make smart decisions and focus on patient care. The sigh of relief? Priceless!

The Top-Dog Bookkeeping Takeaway:

Vets, listen up! You’re amazing at caring for our furry friends, but when it comes to finances, a helping paw can make all the difference. Clean, accurate bookkeeping isn’t just about numbers; it’s about peace of mind, smart decisions, and confidence in what your practice that can afford – all the best treats (for you and your patients!). If your bookkeeping looks like a chewed-up bone, you might want to call in a professional.

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