Understanding a clinic's financial health is crucial to keeping the practice running smoothly and efficiently. While most clinic operators and owners enter the healthcare field driven by a passion for delivering quality patient care, they must also manage their clinic's finances wisely to grow their practice. Proper bookkeeping and financial management are crucial for the success of a clinic, however, they are often overlooked.
Bookkeeping is important for clinics to stay compliant with corporate taxes and sales taxes, track finances and understand profitability, manage cash flow, control costs, and more. On May 30, 2024, we partnered with JaneApp, to do a webinar on the bookkeeping best practices for effective clinic operations. During the webinar, our CEO, Omar Visram discussed:
- The definition, scope, importance, and unique aspects of bookkeeping for clinics.
- Regulatory requirements for clinics relating to bookkeeping.
- Common bookkeeping challenges in clinics
- Bookkeeping tips for effective clinic operations, and more.
The webinar was followed by a live Q&A. If you missed out on our live webinar session, you can watch the webinar on-demand or download the slides through the buttons below.
At Enkel, we specialize in bookkeeping, payroll and more back-office services for clinics and other healthcare organizations. Whether your clinic is located in Vancouver, Edmonton, Calgary, or Toronto, we've got your bookkeeping needs covered! Contact us today to learn more.
