Our hands-on accounts like to keep things simple and straightforward. We know your time is better spent caring for patients than juggling financials. That’s why we’re here—to make the business side of medicine work for you, not the other way around.
We don’t believe in cookie-cutter solutions. Instead, we listen to you and find the perfect fit for your needs. Our personalised strategies are designed to reflect the unique challenges and opportunities of your medical profession. Whether it’s building a tax-effective structure, stabilising cash flow, or safeguarding your assets, we’re with you every step of the way. You’re our priority, and we ensure you stay compliant, profitable, and focused on what matters most. Whether you’re a GP, specialist, or surgeon, we’re here to help you build a better business.
Key Financial Challenges for Doctors and How We Solve Them
As a doctor, managing your finances is extremely time-consuming when you’ve got patients and paperwork to worry about. We handle the numbers for you, specialise in bookkeeping accounting, and provide virtual CFO services to keep your finances organised and your practice healthy. Here’s how we support you:
Strategic Financial Oversight with Virtual CFO Services
Doctors often need more than basic accounting—they need strategic financial guidance. Our Virtual CFO services act as your trusted financial partner, offering advice on cash flow management, budgeting, forecasting, and long-term planning. We help you understand your financial position, identify growth opportunities, and make data-driven decisions to secure your financial future.
Reliable Bookkeeping
Accurate and timely bookkeeping is essential for understanding your practice’s performance and staying compliant. We take care of all your bookkeeping needs, from managing transactions and payroll to generating accounts. Our bookkeeping services provide you with clear, up-to-date financial records, ensuring you always know where your practice stands.
Full-scale Accounting Services
Tax obligations and ensuring compliance can be challenging, especially in the medical profession. We customise our accounting services specifically for doctors, focusing on tax planning, preparation, and lodgements. We work with you to establish a tax-effective structure that reduces liabilities and maximises savings, ensuring your finances are optimised year-round.
Related FAQs
What Are the Benefits of Virtual CFO Services for Doctors?
Virtual CFO services provide strategic financial leadership personalised to your needs without the expense of a full-time CFO. For doctors, this means gaining expert advice on cash flow management, budgeting, and long-term planning to help you grow your practice and maintain financial stability. Our Virtual CFO services act as an extension of your team, giving you the clarity and guidance you need to make confident financial decisions.
How Can Propeller Advisory’s Bookkeeping Services Help My Practice?
Our bookkeeping services ensure that your financial records are accurate, organised, and up-to-date. This includes managing day-to-day transactions, payroll, and account reconciliation. By outsourcing your bookkeeping to Propeller Advisory, you can save time, reduce errors, and focus on patient care while we handle the numbers.
Do You Offer Tax Planning and Accounting Services for Doctors?
Yes, we specialise in accounting for doctors, including tax planning and compliance. We help you create a tax-effective structure, identify deductions, and ensure your lodgements are accurate and timely. Our goal is to minimise your tax liabilities while maximising savings so you can achieve better financial outcomes.
How Do You Help with Cash Flow Management?
Cash flow can be unpredictable in the medical profession, especially for practices handling fluctuating patient demand and expenses. Through our Virtual CFO services, we develop strategies to stabilise and optimise your cash flow. This includes forecasting, budgeting, and preparing for seasonal changes, ensuring your practice remains financially secure.
Why Should I Choose Propeller Advisory Over a General Accountant?
Propeller Advisory specialises in working with doctors and medical professionals, offering solutions that address the unique financial challenges of your industry. From tax planning and bookkeeping to Virtual CFO support, our personalised services go beyond basic accounting to provide strategic insights and proactive advice. With us, you gain a trusted partner dedicated to your success.