A home for all your medical practice bookkeeping needs.
A home for all your medical practice bookkeeping needs.
Running a medical practice means complex compliance obligations, Medicare and insurer payment timing, and payroll across multiple staff types. We handle the bookkeeping behind your practice so you can stay focused on patient care.
Running a medical practice means complex compliance obligations, Medicare and insurer payment timing, and payroll across multiple staff types. We handle the bookkeeping behind your practice so you can stay focused on patient care.
Our Solution
Our Values
Medical bookkeeping requires someone who understands healthcare.
Medical bookkeeping requires someone who understands healthcare.
Healthcare businesses deal with GST-free income, multiple payment sources, and strict compliance obligations that most bookkeepers are not equipped to handle.
Precision
Healthcare compliance leaves no room for error. We keep your records accurate, your reconciliations current, and your reporting correct at all times.
Precision
Healthcare compliance leaves no room for error. We keep your records accurate, your reconciliations current, and your reporting correct at all times.
Understanding
We understand how medical practices earn, from Medicare and private health insurers to patient payments, and know how to reconcile and report each income stream correctly.
Understanding
We understand how medical practices earn, from Medicare and private health insurers to patient payments, and know how to reconcile and report each income stream correctly.
Loyalty to Your Time
Your focus belongs on your patients. We take the bookkeeping completely off your plate so your practice finances are never a distraction from clinical work.
Loyalty to Your Time
Your focus belongs on your patients. We take the bookkeeping completely off your plate so your practice finances are never a distraction from clinical work.
Seamless Compliance
From BAS lodgements and payroll to GST-free income reporting, we make sure every obligation is met accurately and on time without you having to think about it.
Seamless Compliance
From BAS lodgements and payroll to GST-free income reporting, we make sure every obligation is met accurately and on time without you having to think about it.
End-to-End Support
From initial Xero setup through to monthly reconciliations and performance reporting, we handle every aspect of your practice bookkeeping so nothing gets missed.
End-to-End Support
From initial Xero setup through to monthly reconciliations and performance reporting, we handle every aspect of your practice bookkeeping so nothing gets missed.
Our Solution
Our Values
Medical bookkeeping requires someone who understands healthcare.
Healthcare businesses deal with GST-free income, multiple payment sources, and strict compliance obligations that most bookkeepers are not equipped to handle.
Precision
Healthcare compliance leaves no room for error. We keep your records accurate, your reconciliations current, and your reporting correct at all times.
Understanding
We understand how medical practices earn, from Medicare and private health insurers to patient payments, and know how to reconcile and report each income stream correctly.
Loyalty to Your Time
Your focus belongs on your patients. We take the bookkeeping completely off your plate so your practice finances are never a distraction from clinical work.
Seamless Compliance
From BAS lodgements and payroll to GST-free income reporting, we make sure every obligation is met accurately and on time without you having to think about it.
End-to-End Support
From initial Xero setup through to monthly reconciliations and performance reporting, we handle every aspect of your practice bookkeeping so nothing gets missed.
Our Services
Bookkeeping services built for medical and healthcare practices.
The bookkeeping services healthcare businesses rely on to stay accurate, stay compliant, and keep their focus on patients.
Bank Reconciliation
We match your practice records with your bank statements and allocate every transaction correctly so your books always reflect your actual financial position.
Payroll and Superannuation
We handle your weekly, fortnightly, or monthly payroll and super compliance so your team is always paid correctly and on time.
Business Solutions
We handle your weekly, fortnightly, or monthly payroll and super compliance so your team is always paid correctly and on time.
Xero Setup and Migration
New to Xero or switching over? We get you set up and connected to your practice apps so everything flows through automatically from day one.
Payables and Receivables
We organise your supplier invoices and patient payments so everything gets paid on time, your cash flow stays healthy, and outstanding amounts never get lost or overlooked.
Cash Flow Management
We forecast your cash flow so you always have enough to cover wages, supplier costs, and practice overheads, and never get caught short between Medicare and insurer payments.
BAS and Reporting
We prepare and lodge your BAS accurately and on time, accounting correctly for GST-free health services, and provide clear performance reports for your practice.
Our Services
Bookkeeping services built for medical and healthcare practices.
The bookkeeping services healthcare businesses rely on to stay accurate, stay compliant, and keep their focus on patients.
Bank Reconciliation
We match your practice records with your bank statements and allocate every transaction correctly so your books always reflect your actual financial position.
Payroll and Superannuation
We handle your weekly, fortnightly, or monthly payroll and super compliance so your team is always paid correctly and on time.
Xero Setup and Migration
New to Xero or switching over? We get you set up and connected to your practice apps so everything flows through automatically from day one.
Payables and Receivables
We organise your supplier invoices and patient payments so everything gets paid on time, your cash flow stays healthy, and outstanding amounts never get lost or overlooked.
Cash Flow Management
We forecast your cash flow so you always have enough to cover wages, supplier costs, and practice overheads, and never get caught short between Medicare and insurer payments.
BAS and Reporting
We prepare and lodge your BAS accurately and on time, accounting correctly for GST-free health services, and provide clear performance reports for your practice.
Our Solution
If these problems sound familiar, you're not alone.
The bookkeeping challenges most medical practices face and exactly how we solve them.
Without Elephant
Books always behind
GST treatment handled incorrectly
Cash flow gaps from payment timing
BAS always last minute
Current bookkeeper doesn't understand healthcare
With Elephant Advisory
Records reconciled and current
GST-free income managed correctly
Forecasting around payment cycles
Every lodgement on time
Specialists with medical industry experience
"At Elephant Advisory, we handle the books so you can focus on the business - with real-time visibility through Xero, wherever you are."
"At Elephant Advisory, we handle the books so you can focus on the business - with real-time visibility through Xero, wherever you are."
"At Elephant Advisory, we handle the books so you can focus on the business - with real-time visibility through Xero, wherever you are."
Our Peeps
Our Peeps
Our crew, is yours too.
It is easy to end up with a bookkeeper who does not understand how a medical practice earns and operates. We work with healthcare businesses every day and bring that specific knowledge to every client we take on.
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
Why should I outsource bookkeeping for my medical practice?
How do you handle GST-free health services in the bookkeeping?
Can you reconcile Medicare and private health insurer payments?
How do you help medical practices manage cash flow?
Can you handle medical practice payroll?
How much does medical practice bookkeeping cost?
Why should I outsource bookkeeping for my medical practice?
How do you handle GST-free health services in the bookkeeping?
Can you reconcile Medicare and private health insurer payments?
How do you help medical practices manage cash flow?
Can you handle medical practice payroll?
How much does medical practice bookkeeping cost?
Why should I outsource bookkeeping for my medical practice?
How do you handle GST-free health services in the bookkeeping?
Can you reconcile Medicare and private health insurer payments?
How do you help medical practices manage cash flow?
Can you handle medical practice payroll?
How much does medical practice bookkeeping cost?
Phone
Address
Unit 16 105/111 Ricketts Rd
Mount Waverley VIC 3149
OFFICE HOURS
Mon to Fri: 8.30am - 5.00pm
By appointment only.
Phone
Address
Unit 16 105/111 Ricketts Rd
Mount Waverley VIC 3149
OFFICE HOURS
Mon to Fri: 8.30am - 5.00pm
By appointment only.
Phone
Address
Unit 16 105/111 Ricketts Rd
Mount Waverley VIC 3149
OFFICE HOURS
Mon to Fri: 8.30am - 5.00pm
By appointment only.