Bookkeeping For Medical Professionals

Bookkeeping · Melbourne

A home for all your medical practice bookkeeping needs.

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.

Marissa Moro

Director & Head of Bookkeeping

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.

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.

Your bookkeeping rhythm

Weekly

  • Reconcile bank and card feeds

  • Enter and code bills

  • Send and chase invoices

  • Process pay runs and STP

Monthly

  • Profit and loss and cash summary

  • Aged receivables and payables review

  • Super paid with wages under Payday Super

  • Tracking by service or location

Quarterly

  • BAS prepared and lodged on time

  • GST and PAYG reviewed for errors

  • Handover to your accountant

If these problems sound familiar, you're not alone.

The bookkeeping challenges most medical practices face and exactly how we solve them.

Going it alone

Books always behind

GST treatment handled incorrectly

Cashflow 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.”

Your bookkeeping lead

Marissa Moro

Director & Head of Bookkeeping

Marissa has over eight years of bookkeeping experience and a genuine passion for helping businesses take control of their finances. She's proactive, precise, and committed to making bookkeeping easy, accurate, and stress-free for every client she works with. Whether it's reconciling accounts, tracking cash flow, or streamlining financial systems, she's across the detail so you don't have to be.

Read profile

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?

Get your weekends back.

Let’s chat!

Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.

Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.

Elephant Financial Pty Ltd (ABN 38 611 576 240) trading as Elephant Advisory is an authorised credit representative (ACR 487962) of Yellow Brick Road Aggregation Pty Ltd (formerly Vow Financial Pty Ltd) (ABN 66 138 789 161), Australian Credit Licence 390261.