Bookkeeping Services for Physiotherapists

Bookkeeping and Accounting for Physiotherapists

Searching for a bookkeeper and accountant for your physiotherapy practice? We manage your books, giving you more time to focus on your patients' wellbeing. Try us for free.

* No Debit/Credit Card Required
Accracy Accounting Online Remote Bookkeeping Services for Physiotherapists
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 Physiotherapists

Searching for a bookkeeper and accountant for your physiotherapy practice? We manage your books, giving you more time to focus on your patients' wellbeing. Try us for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our team invests the effort to intimately comprehend your physiotherapy practice, respond to your inquiries, assist you in connecting your accounts, and demonstrate how Accracy functions within your business.

Accracy Accounting Digital Fluency
We do your bookkeeping

Every month, your dedicated bookkeeper sorts out your physiotherapy practice transactions and compiles financial statements. Should they require any further information from you, they will reach out.

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

Every month, your dedicated bookkeeper sorts out your physiotherapy practice transactions and compiles financial statements. Should they require any further information from you, they will reach out.

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

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

Get fast, unlimited support from our expert advisors

We'll keep in touch consistently with financial updates tailored to your physiotherapy practice. Got urgent queries demanding prompt attention? We promise to respond within one business day or less.

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

Guaranteed accuracy in every detail

Our platform is designed to streamline data inputs from the most recognized providers, reducing errors commonly encountered by physiotherapists. We collaborate with prominent partners like Gusto, Stripe, Shopify, and Squareensuring your financial records are consistently precise.

Make Smart Decisions for Physiotherapists with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Say goodbye to towering stacks of paperwork and tedious manual record-keeping — we automate data from all your linked accounts directly. Get insights from one single, central dashboard, enabling you to effortlessly comprehend the financial well-being of your physiotherapy practice and make informed strategic decisions.

Bookkeepers for Physiotherapists

With Accracy Accounting, we perceive the intricacies that accompany running a physiotherapy clinic, from overhead costs, payroll, and therapy equipment investments, to managing insurance claims and direct billings. To support the needs unique to this healthcare profession, Accracy provides online bookkeeping services through combining innovative software with skilled human bookkeepers. This system effectively sorts all your financial transactions, ensuring your records are always in order, and all your deductibles are accounted for.

Understanding that every physiotherapy practice is bound to industry-specific regulations, Accracy comes in to shield you from costly mistakes. Our expert team is well acquainted with the laws and taxes relevant to the physiotherapy industry, including medical device excise taxes, Medicare taxes, and itemized deduction rules for healthcare professionals. We ensure seamless financial management while aligning to the proper regulatory framework. Additionally, common bookkeeping issues such as delayed billings, incorrect codings in insurance claims, and unaccounted for procedures are tackled promptly and accurately. The Accracy experience not only simplifies your bookkeeping process but also leaves you more time to focus on your patient's wellbeing.

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
$200 / month billed annually
  • 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

$500 / Billed Once
  • 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
  • Sales Tax
  • Corporate Tax
  • Payroll
  • Accounts Payable
  • Accounts Receivables
  • Full Support Team
  • + Additional Customized Services

Schedule a Meeting

Basic

Starting from
$250 / 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

Executive

Customized Pricing

Everything in Basic plan +

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

Schedule a Meeting

Frequently Asked Questions about Bookkeeping and Accounting for Physiotherapists

As a physiotherapist, there are several specific expenses that you can claim as tax deductions. These typically include:

  • Business insurance
  • License fees and regulatory body dues
  • Professional development courses, seminars or conferences
  • Costs associated with running your clinic - rent, utilities, cleaning, etc.
  • Purchase and maintenance of office equipment and supplies
  • Purchase and upkeep of physiotherapy specific equipment
  • Any staffing or subcontracting costs
  • Marketing and advertising expenses
  • Travel expenses if visiting clients at their homes or other locations

Please note that this list isn't exhaustive and specific eligibility can vary. It’s always a good idea to consult a tax professional or a knowledgeable bookkeeper to ensure you’re making the most of your deductions.

A professional bookkeeper can greatly assist in managing income from diverse sources such as private consultations and health insurance providers. Bookkeepers are adept at accurately recording all financial transactions, separating them into different income streams, and ensuring all income is correctly accounted for. This results in a clear and precise understanding of your financial health, and helps you plan and forecast future business decisions. In terms of dealing specifically with income from health insurance providers, a bookkeeper can ensure these transactions are correctly lodged, traceable, and reconciled, therefore providing peace of mind that all regulatory requirements are being met.

Physiotherapy practices that offer both in-person and telehealth services may have several unique accounting considerations. These include:

  • Income diversification: Revenue streams could be segregated based on in-person and telehealth services, often resulting in varied pricing structures.
  • Medical billing and coding compliance: Telehealth services often fall under a different set of billing and coding guidelines compared to standard in-person treatments. Thus, proper accounting documentation is necessary for insurance reimbursement and audit trail.
  • Expenses segregation: Expenses related to technology for telehealth services (like software, hardware, and data management) and in-person services (like clinic upkeep and supplies) have to be tracked separately for effective cost control and profitability analysis.
  • Income recognition: The method of income recognition might differ, especially if prepayment is required for telehealth services. It is critical in forecasting and budgeting.

All these considerations can impact a physiotherapy practice's financial health and require a comprehensive understanding of both healthcare and accounting regulations. Accracy Accounting's specialized bookkeeping services aim to provide this understanding, delivering efficient and compliant accounting solutions suitable for the multifaceted nature of modern physiotherapy practices.

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.

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

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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