Bookkeeping Services for Naturopathic Doctors

Bookkeeping and Accounting for Naturopathic Doctors

Are you a naturopathic doctor seeking a bookkeeper and accountant? We handle your books, so you can devote more time to your patients and practice. Try us for free.

* No Debit/Credit Card Required
Accracy Accounting Online Remote Bookkeeping Services for Naturopathic Doctors
Accracy Accounting QuickBooks Certified ProAdvisor
Accracy Accounting Xero Certified Advisor
Accracy Accounting Gusto Payroll Certiication
Accracy Accounting Fathom Certified Advisor
Accracy Accounting Karbon Certified Expert
Free 1 Month Bokkeeping Trial

New Customer Offer

We are offering free 1 Month Basic Bookkeeping to all new customers so you can experience Accracy's seemless and professional services.

* No Debit/Credit Card Required

How Accracy works with Naturopathic Doctors

Are you a naturopathic doctor seeking a bookkeeper and accountant? We handle your books, so you can devote more time to your patients and practice. Try us for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our team patiently takes the time to thoroughly comprehend your naturopathic practice, answer all your queries, assist you in connecting your accounts, and guide you through how Accracy operates.

Accracy Accounting Digital Fluency
We do your bookkeeping

Every month, your dedicated bookkeeper organizes your naturopathy clinic's transactions, compiling them into comprehensive financial statements. If they require any further information from you, they’ll promptly get in touch.

Accracy Accounting One-on-one expert support 24/7
We deliver tax-ready financials

Every month, your dedicated bookkeeper organizes your naturopathy clinic's transactions, compiling them into comprehensive financial statements. If they require any further information from you, they’ll promptly get in touch.

Here’s why Naturopathic Doctors like you trust Accracy with their bookkeeping and accounting

Get fast, unlimited support for Naturopathic Doctors with Accracy Accounting and Bookkeeping Services

Get fast, unlimited support from our expert advisors

We'll consistently provide you with updates on your bookkeeping. A pressing question arises that simply can't wait? You can count on us to respond within one business day or even less, ensuring your naturopathic practice keeps running smoothly.

Guaranteed accuracy in every detail for Naturopathic Doctors with Accracy Accounting and Bookkeeping Services

Guaranteed accuracy in every detail

Our platform is streamlined to automate data inputs from a majority of key providers, preventing frequent errors. We collaborate with merchants such as Gusto, Stripe, Shopify, and Squareensuring your finances are accurate at all times, allowing Naturopathic Doctors like you to focus more on patient care.

Make Smart Decisions for Naturopathic Doctors with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Say adieu to overflowing files and laborious manual record-keeping — our system automates entries directly from your connected accounts. From a single interface, gain insights that guide you in understanding the vitality of your Naturopathic practice and in making informed strategic decisions.

Bookkeepers for Naturopathic Doctors

Accracy Accounting recognizes the particular challenges naturopathic doctors face when it comes to taxes and bookkeeping. Given the tenuous legal status of naturopathic medicines across different states, it can be difficult to assess the tax obligations your practice might carry. Furthermore, with varying laws surrounding medicinal licensing, subscription services, and over-the-counter product sales, your bookkeeping needs are uniquely complex. That's where Accracy comes in.

Our dedicated bookkeepers, paired with our intuitive software, are trained to handle such nuances. To start, we'll help to streamline your cash flow and bring to light income and expense categories that are often overlooked in your profession, such as supplier costs, healthcare specific write-offs, and licensing costs. Accracy can also help make sense of complicated tax codes, managing your bookkeeping in a way that optimizes tax deductions and keeps you compliant with laws linked to your profession. In short, Accracy seamlessly takes care of your bookkeeping and tax needs, letting you focus more on your patients, and less on paperwork.

Accracy Pricing

Simple, straightforward bookkeeping pricing for everything your business needs.

Join over 1000 business owners who have streamlined their finances and have grown their businesses with Accracy.

Basic

Starting from
$300 / month
  • Dedicated Bookkeeping Experts
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Catch Up Bookkeeping

$50 / Hour
  • Accurate Books with Year-End Financial Records Ready for Tax Season
  • Automating Your Processes Through QuickBooks, Xero and others
  • Accrual or Cash basis accounting
  • 24/7 Support
  • Unlimited communication with your bookkeeping team
Contact Us

Executive

Customized Pricing

Everything in Basic plan +

  • Dedicated Account Manager
  • Full-Cycle Bookkeeping
  • Sales Tax
  • Payroll
  • Accounts Payable
  • Accounts Receivables
  • Full Support Team
  • + Additional Customized Services

Schedule a Meeting

Tech Startup

$300 / month
  • Monthly Accrual Bookkeeping in QBO
  • 1 Bank Account
  • 2 RAMP Cards
  • Bi-Weekly Payroll (2 employees)
  • Approximatly 30 monthly transactions
  • Employee Expense Reimbursements
  • Multi Currency (USD & CAD)
Contact Us

Resturant

$1,200 / month
  • Monthly Accrual Bookkeeping in QBO
  • 2 Banks - 3 Credit Cards - 1 Loan Facility
  • Approximatly 250 monthly transactions
  • Monthly Sales Tax filing
  • Point of Sale Integration / Reconciliation
  • Bi-Weekly AP through Plooto
  • Receipt Posting through Dext
Contact Us

Marketing Agency

$2,600 / month
  • Monthly Accrual Bookkeeping in QBO
  • Class/Project tracking
  • Deferred Revenue Management
  • Bi-Weekly Payroll in QBO (25 employees)
  • Payroll Remittances
  • In-House Accounting email management
  • Monthly Sales Tax Reconciliation
  • 2 Bank accounts - 6 Credit Cards
  • Approximatly 200 monthly transactions
  • Multi-Currency (USD & CAD)
  • Weekly AP through Plooto
Contact Us

Frequently Asked Questions about Bookkeeping and Accounting for Naturopathic Doctors

As a naturopathic doctor, there are several tax deductions that are specific to your practice. Some of these include:

  • Medical Equipment: This includes everything you use in your practice, from exam tables and diagnostic equipment to smaller items like stethoscopes and otoscopes.
  • Supplies and Medication: Any supplies or medication you purchase for your patients are deductible. This could include everything from bandages and needles to the very specialized natural remedies.
  • Office Space: If you rent or own an office for your practice, this is tax-deductible. This may also include utilities and maintenance costs.
  • Continuing Education: The costs associated with seminars, classes, and other educational opportunities you attend to keep current in your field can be deducted.
  • Professional Fees: This includes fees you pay for licensing, membership in professional organizations, and malpractice insurance.
  • Office furniture and improving office space: Any capital expenses that are business related can be deducted over time through depreciation.

Accracy Accounting can help you understand and organize these potential deductions to make your tax process quicker, easier, and more beneficial to you.

Managing the accounting for a naturopathic practice that involves selling both services and health products requires strategic organization. Start by keeping separate records for service and product sales, allowing you to see precisely where your income is coming from. This can also help identify which areas are most profitable, assisting with future business planning.

Remember to track all your expenses, both related to service provision and product purchases, to understand your outgoing cash flow. One essential aspect of managing accounting for this type of business is understanding the different tax implications for services and products, as they are typically treated differently under various tax codes.

Given the unique blend of services and retail, it can be beneficial to enlist the help of a professional bookkeeper. A bookkeeper familiar with the naturopathy industry could save your business money, ensure compliance, and provide valuable insights for growth. At Accracy Accounting, we offer experienced bookkeepers who can manage your finances with precision and care.

To effectively manage insurance billing in your naturopathic clinic, you need to have clear and precise financial tracking. This includes:

  • Tracking each patient interaction, from services rendered, which are billable, and the charge for each service.
  • Recording insurance claims, including filed, pending, approved, and disapproved.
  • Tracking payments received against invoices sent, identifying discrepancies and ensuring timely follow-up.
  • Managing accounts receivable. This includes pursuing unpaid insurance claims and promptly responding to billing inquiries.
  • Monitoring financial health through regular reporting and analysis to find inefficiencies and identify opportunities for improvement.

All of this requires thorough bookkeeping. We at Accracy Accounting can provide comprehensive bookkeeping services to make managing your naturopathic clinic's finances less stressful and more effective.

We understand that when our clients turn their accounting and bookkeeping services over to us, trust is paramount. We have a team of certified professionals, use proven technologies, and hold ourselves accountable every day. Yes, you can trust us with your sensitive data and to deliver accurate, timely accounting services for your business.

Absolutely. Our team members are all certified in the leading accounting systems and can quickly get your files up to date.

Don’t worry, your financial data belongs to you. Our offboarding is pretty straightforward as we transfer account ownership to you. As a bonus, there’s no stopping you from replicating the workflows we’ve created for your in-house process – in fact, we encourage it.

Savings can vary considerably depending on your current solution, but our clients tell us that it is generally between 30% and 50%.

We do not provide year-end tax filing services as we are not a CPA firm. However, if you are looking for a year-end tax accountant, we would gladly refer you to one of our partners. Having a separate bookkeeper and year-end accountant ensures additional oversight on the accuracy of your books. Your year-end tax accountant can help you review your books during tax season.

No, we are not a CPA firm. Accracy is not a public accounting firm and does not provide services that would require a license to practice public accountancy.

No. We do not offer services which fall under the jurisdiction of these organizations. We have partner organizations who can provide those services if needed by clients. A good example of such services are tax advisory or statutory filings. We have a number of non-economic partnerships with CPA firms who can help our clients with these services if needed.

Every account is set up with a Client Success Lead who will be your day-to-day contact. They’ll liaise with the rest of the team members on your account which may include an accounting manager, bookkeeper, payroll specialist, and payables specialist.

Accracy can support a wide range of companies, from small businesses and startups to large public corporations. Our services are tailored to meet the unique accounting and bookkeeping needs of businesses across various industries.

At Accracy, we operate as a fully remote team, delivering our bookkeeping and accounting services online. We have the necessary tools and systems in place to work efficiently and securely from our remote locations. We will coordinate and collaborate with your onsite team to ensure smooth communication and workflow integration.

Accracy Accounting Frequently Asked Questions (faq)

Our Services

Your Needs, Our Solutions: Total Coverage Guaranteed

Stress-Free Bookkeeping and Back Office Accounting Solutions for Your Business.

Outsource Bookkeeping

Precise Financial Organization

Embark on a transformative journey towards financial clarity with our comprehensive organizational services. Beyond mere bookkeeping, we delve deep into the intricacies of your financial records. Every transaction is meticulously documented, categorized, and structured to provide not just accuracy but a foundation for strategic financial understanding.

Bookkeeping

Payroll Compliance

On time and accurate payroll

Our payroll services offer comprehensive solutions for managing employee compensation in both Canada and the US. We handle everything from accurate payroll processing and tax calculations to compliance with local regulations and benefits administration. Our services ensure timely and precise payroll delivery, streamlined tax reporting, and up-to-date compliance with ever-changing laws.

Payroll Processing

Sales Tax Compliance

Expert Sales Tax Reporting

We offer comprehensive sales tax services, including reporting, compliance, and filing, for both the United States and Canada. Our expertise ensures that your business adheres to all relevant tax regulations, streamlines your tax processes, and mitigates the risk of errors and penalties. Whether you operate in one region or across both countries, our team is equipped to manage your sales tax.

Sales Tax Filing

Financial Reporting

Actionable Financial Insights

Beyond mere numbers, our reporting services are a gateway to actionable insights. We go beyond presenting data; we interpret, analyze, and deliver reports that serve as strategic roadmaps for your business. Timely, clear, and comprehensive, our insights empower you to make informed decisions, identify opportunities, and navigate challenges with confidence.

Financial Reporting

Accounts Payable & Receivable

Efficient Accounts Management

Efficiency is the cornerstone of our accounts management services. Whether handling payables or receivables, we streamline your financial transactions to optimize cash flow. Our focus is on creating a robust system that not only meets compliance standards but also ensures that your financial operations are a well-oiled machine, contributing to the overall health of your business.

Catch-Up Bookkeeping

Timely Financial Updates

Don’t let backlog hinder your progress. Our catch-up services are designed to bring your financial records up to speed. We meticulously address any gaps, ensuring that your records are not just current but also compliant. Stay on top of your financial game with timely updates that provide a comprehensive view of your financial landscape.

Catch-Up Bookkeeping

Fractional Controllership

Strategic Financial Guidance

Experience the benefits of seasoned financial leadership without the full-time commitment. Our fractional controllership services bring in experts to guide your financial strategies. Beyond mere oversight, our professionals actively contribute to optimizing your business performance. Benefit from strategic insights, financial planning, and a level of guidance that propels your business towards sustainable success.

Fractional Controllership

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