Practice Accounts Made Easy

Practice Accounts Made Easy

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Highly commended in the Primary Healthcare category of the 2014 BMA Medical Book awards! Most general practices are businesses of quite significant size and yet many GPs are not clear on what the detail of their practice accounts really means. If you have ever found yourself confused by: * a balance sheet * capital accounts * profit-sharing ratios then Practice Accounts Made Easy will help. It will also help you to understand how practices are paid: * the make-up of payments for a practice medical services contract * the mechanisms for claims and payments * property and other reimbursements Furthermore, as an individual GP it will tell you about: * how you pay your tax and how it might appear in the practice accounts * tax deductible expenses * the differences between being employed and self-employed for tax purposes * joining and leaving a practice * buying a share in the surgery premises * forming a limited company for tax purposes * pensions and superannuation This is a book for all those confused by accounting terminology, from GP registrars to GP principals.... personally bought drugs and instruments aˆ‘ printing, postage and stationery aˆ‘ medical books and journals aˆ‘ course fees ... Many specialist medical accountants will supply their clients with a template spreadsheet to use to record theanbsp;...

Title:Practice Accounts Made Easy
Author:Ann Tudor
Publisher:Royal College of General Practitioners - 2013-09-30


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