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Medical / Dental Clinic Accounting, Payroll Services

Our approach

 

At Datseasy Consulting, we can maximize your clinic revenue, lower your costs associated with billing and accounting services, and improve your cash flow.

Outsourcing accounting and financial duties can be of great benefit to a medical/dental practice. Not only can we increase billing, streamline accounting services and handle your payroll issues, we free your time of doing reconciliation so that staff can focus their resources on patient care and improving day-to-day operations.

 

  • Do you know how much of your revenue from corporate billing has yet to be collected?

  • Do you know how much of your un-collected billing has yet to be claimed through third party healthcare and insurance solution providers like IHP, MHC, etc?

  • Do you know whether your next month collections is sufficient to cover your expenses?

 

If you answered NO to any of the above questions, your clinic may be missing out on potential revenue.

 

The financial strength of a medical/dental practice is directly correlated to timely billing and account settlement.

There can be complicated issues related to billing procedures, but fortunately our experts have a detailed understanding of these processes, which transfers into greater revenue for your practice.

 

We are familiar with the claim processes of government agencies and third party healthcare and insurance solution providers. We work diligently to monitor the payment status of claims to ensure complete payments are received. We highlight to you the billings that has yet to be claimed so that you can claim through these agencies and corporate clients within the designated timeline. Reducing the financial and accounting demands on the administrative staff better positions them to focus their efforts and attention on dealing with day-to-day operations.

 

Services

  • Bookkeeping

  • GST

  • Payroll

  • XBRL

  • Biz Dashboard

  • Advisory

"No Surprise" fee structure

 

Once we identify the level of service you desire, we provide you with a fixed fee contract. This means:

  • No charges for local phone calls

  • No charge for assisting in development of business plans

  • No charge for working with your Medical billing agents

  • No charge for changes in your payroll

  • No per-item charge for transaction processing

 

 

Standard Pack accounting service

From SGD600 per month to SGD1,200 per month

(Suitable for most Medical/Dental clinics)

 

We use your bank statement and perform bank reconciliation.

You file your Sales receipts in date order.

We extract Sales data from your Clinic Management software, take your Sales receipt file and post them into the accounting software.

We analyse your Sales data, receipts, CHAS/insurance payments and prepare Sales/Debtors aging report.

We train your staff on documenting Petty cash disbursement.

We train your staff on entering Supplier invoice details into the accounting software and printing Payment vouchers.

We take your paid Suppliers' invoices and post them into the accounting software.

We analyse your Purchases data, payments  and prepare Creditors aging report.

We train your confidential staff on preparing payroll payments using the accounting software.

You receive the published Management Accounts by 20th of the following month.

We prepare your Annual Report Financial Statements (on accrual basis in accordance with Singapore Financial Reporting Standards).

Premium Pack accounting service

SGD1,380 per month

You focus on growing your businesses. We take care of your accounting matters 100%!

In addition to our services provided under the Standard Package, we will arrange our staff onsite 2 times every month to prepare your cheque payment to suppliers. You just need to sign the cheques.

Setup Drug Inventory Tracking system

SGD480 one time setup

Whether you are using Clinic Assist or Practo or any other Clinic Management software, we can help you to kick start your tracking of Medicine/Drugs.

We take care of entering all your existing medicine/drug details (including batch number, expiry date, quantity purchased, etc). You just need to do a one-time stock take to adjust to correct quantities.

 

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