Bookkeeping Services for Veterinarians

Bookkeeping and Accounting for Veterinarians

In need of a bookkeeper and accountant for your veterinary practice? At Accracy Accounting, we manage your books, leaving you more time to focus on providing top-notch care for your furry patients. Try us for free.

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

In need of a bookkeeper and accountant for your veterinary practice? At Accracy Accounting, we manage your books, leaving you more time to focus on providing top-notch care for your furry patients. Try us for free.

Accracy Accounting CPA CA Oversight
We get you set up

Our crew diligently takes the effort to comprehend your veterinary practice, address your inquiries, assist you in linking your accounts, and demonstrate how Accracy can streamline your bookkeeping tasks.

Accracy Accounting Digital Fluency
We do your bookkeeping

Each month, your dedicated bookkeeper arranges your veterinary clinic's transactions and compiles financial reports. If they require any further information from you, they will promptly make contact.

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

Each month, your dedicated bookkeeper arranges your veterinary clinic's transactions and compiles financial reports. If they require any further information from you, they will promptly make contact.

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

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

Get fast, unlimited support from our expert advisors

We'll proactively provide bookkeeping updates catered to your veterinary practice. Have urgent inquiries that require immediate assistance? Expect a comprehensive response from us within one business day or less.

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

Guaranteed accuracy in every detail

Our platform simplifies the process of managing your financial data by automating inputs from leading providers, eliminating common errors. We team up with prominent vendors like Gusto, Stripe, Shopify, and Squareensuring the financial record-keeping for your veterinary practice is always spot-on.

Make Smart Decisions for Veterinarians with Accracy Accounting and Bookkeeping Services

See where you’re spending. Make smart decisions

Wave farewell to stacks of veterinary bills and the hassle of manual record keeping — we automate entries directly from your connected accounts. Derive insights from one central dashboard, allowing you to effortlessly comprehend the financial wellbeing of your veterinary practice and make strategic decisions.

Bookkeepers for Veterinarians

Nurturing and healing animals may be your primary focus as a Veterinarian but understanding your financial landscape is just as vital. From purchase and operating expenses of your veterinary equipment, tracking the inventory of crucial medications and supplies, to the management of income and expenses - there are several profession-specific financial intricacies to track. This is where Accracy Accounting comes into the picture. Our expert bookkeepers are well-accustomed to the financial responsibilities specific to your industry, from pet medication and treatment taxation to laws regarding animal care businesses, ensuring you are compliant while maximizing potential deductions and credits.

Bookkeeping issues won't be a thorn in your side anymore. At Accracy, we offer expert and personalized online bookkeeping services, taking care of your bookkeeping and tax responsibilities, so you can keep your focus on providing the best care for your furry patients. By combining intuitive software with real, human, pet-loving bookkeepers, we turn overwhelming bookkeeping tasks into a smooth, manageable process. Our services include oversight on regular expense categorizations, reviewing monthly financial statements, and optimizing tax deductions which are specific to the veterinary industry such as equipment depreciation, continuing education costs, and insurance premiums. Accracy transforms the way small businesses like yours manage their bookkeeping, bringing clarity, efficiency, and peace of mind.

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 Veterinarians

As a Veterinarian, here are some specific tax deductions you may be entitled to claim for your practice:

  • Medical supplies and equipment: These include items such as vaccines, medications, syringes, surgical tools, and any other medical supplies or equipment you use for animal treatment.
  • Rent or mortgage expenses: If you own your clinic, you can deduct mortgage interest and real estate taxes. If you rent your office space, you can deduct the cost of rent.
  • Utilities and business services: You can deduct the costs of utilities like electricity, water, and internet, as well as business services such as janitorial, accounting, and legal services.
  • Professional development: This includes costs associated with continuing education courses, professional publications and memberships, and attending industry conferences and seminars.
  • Vehicle expenses: If you use your vehicle for business purposes like house calls, you can deduct expenses related to car maintenance, gas, insurance, and depreciation.

Remember, all tax deductions must be both ordinary and necessary for your business. Always consult with a professional accountant or tax specialist to ensure you're correctly claiming all eligible deductions.

Professional bookkeepers can play a critical role in managing the high costs of medical equipment in veterinary medicine. They provide an accurate record of all financial transactions, track incoming revenues and outgoing costs, and help to identify areas where cost savings can be made. This includes reviewing equipment purchases, comparing supplier costs, and seeing if alternative lower-cost options are available. Furthermore, with a detailed understanding of tax laws, they can ensure the practice takes full advantage of available tax deductions on equipment purchases. By implementing a proper budget and financial plan, a professional bookkeeper can help a veterinary practice optimize its resources, improve its profitability, and manage the high costs of medical equipment effectively.

Several financial challenges are unique to veterinary practices, which an experienced bookkeeper can assist with. These include:

  • Inventory Management: Ensuring precise tracking and control of a large number of pharmaceuticals and equipment.
  • Tax Compliance: Understanding industry-specific regulations and available deductions can be complex.
  • Cash Flow Management: Irregular income due to the fluctuating number of consultations, surgeries, and other treatments the practice handles.
  • Expense Tracking: Monitoring variable costs such as utilities, equipment maintenance, and medical supplies.
  • Periodic Revenue Reconciliation: Matching sales with services rendered can be challenging in a busy veterinary practice.

By partnering with a bookkeeper familiar with these industry-specific challenges, veterinary practices can focus more on delivering quality care to their patients while ensuring their financial health.

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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