Reckon for Healthcare business
What Is Reckon for Healthcare business Accounting?
Reckon for Healthcare business accounting means running your medical practice accounting in Reckon, with jobs, categories and custom fields for each clinic and practitioner. Since 2011, Cred Books has paired GP clinics, dental practices, allied health groups and day surgeries with a Reckon Accredited Partner and a dedicated Reckon certified accountant.
We set up Reckon One, Reckon Accounts Hosted or Reckon Accounts Desktop for patient fees, Medicare claims, health fund rebates and practitioner payouts, then handle the daily work and every BAS lodgement. Need another sector? We can also outsource Reckon accounting services.
Unreconciled clearing accounts, delayed claims and unclear clinic margins are how healthcare books break. When you outsource healthcare accounting services to Cred Books, we fix them at the source.
How Reckon Handles Patient Fees, Rebates and Practitioner Payouts
For healthcare bookkeeping, we separate GST free and taxable supplies, apply payroll and Single Touch Payroll STP Phase 2 controls, and prepare audit proof workpapers for practice owners and advisers.
We connect Reckon with Cliniko, Jane App, Kareo, Best Practice, MedicalDirector and Halaxy, so patient billing, supplier invoices, expenses and payroll run through one workflow.
What our Reckon setup includes:
- Clinic and practitioner profit and loss reporting in Reckon
- Patient fee, Medicare and health fund clearing reconciliations
- Practitioner payouts with service fee splits and super
- Integration with Cliniko, Jane App, Best Practice and Halaxy
- BAS lodgement, GST and STP Phase 2 filings with audit ready workpapers
Trusted by over 1,000 clients worldwide, Cred Books delivers monthly reporting packets, profit and loss statements, cash flow projections and year end audit files.
Our Reckon Services for Healthcare Businesses
Every service below runs inside your Reckon file, so clinic bookkeeping, claims clearing and practitioner reports stay accurate.
Clinic and Practitioner Reporting
Jobs and categories tag fees and costs to each location and practitioner, giving a clear margin per room and per provider.
Patient Billing Reconciliation
Card payments, cash and patient invoices are matched to your practice software daily, with refunds and write offs recorded. This work sits within our Outsource Account Reconciliation Services for Healthcare Businesses.
Medicare and Health Fund Claims
Medicare claims and health fund rebates are tracked from lodgement to bank deposit, with unpaid items flagged.
Practitioner Payouts and Splits
Service fees, contractor splits and commissions are calculated from billing data and paid on an agreed cycle.
Merchant and Clearing Accounts
Terminal batches and online payments are reconciled so gateway fees and timing differences never distort revenue. Need a full return? We offer Healthcare Tax Return Filing Services too.
Supplies and Equipment Payables
Medical supplier invoices and equipment leases are coded, approved and paid through Reckon on schedule.
Financial Reporting for Owners
Monthly packs show revenue by practitioner, cost of care, overhead ratios and cash flow for practice owners.
Payroll and STP Phase 2
Nurses, administrators and contractors are paid in Reckon Payroll with super and Single Touch Payroll filed on time. We also prepare management packs through our Healthcare Financial Reporting Services.
BAS and GST Compliance
GST free and taxable items are separated correctly and each BAS lodgement is prepared and reviewed before filing. Our Healthcare Payroll Processing Services cover pay runs, filings and cost allocation.
Software Expertise
Cred Books vs In House Reckon Accounting: Which Suits Your Practice?
Outsourcing suits practice owners who want dependable numbers without hiring a finance team. We also offer Offshore Healthcare Accounting Services.
| Factor | In house team | Cred Books (Reckon for Healthcare business) |
|---|---|---|
| Cost | Salary, benefits, software and training | Accounting costs reduced by 40% to 60% |
| Reckon expertise | Depends on one or two staff members | Reckon Accredited Partner and Reckon certified accountant on every account |
| Healthcare knowledge | Generalist staff often miss GST free items and claim timing | Medicare, rebate and GST free treatment managed to a healthcare checklist |
| Reporting delivery | Practitioner reports are slow and inconsistent | Monthly clinic and practitioner reports on an agreed schedule |
| Practice growth | New rooms and practitioners strain a small team | Add clinics and providers without adding back office headcount |
| Coverage | Business hours, with gaps during leave | Dedicated team with trained backup |
| Audit readiness | Depends on the individual | Audit ready books with documented workpapers |
Why Healthcare Businesses Choose Cred Books for Reckon
Cred Books has served more than 1,000 clients since 2011. These are the reasons healthcare practices stay with us.
Reckon Accredited Partner
Every client is paired with an experienced Reckon Accredited Partner and a dedicated Reckon certified accountant who set up, review and run the Reckon file.
Healthcare Accounting Specialists
Our team knows patient billing, Medicare and rebate clearing, practitioner splits and GST free supplies inside Reckon.
Over 15 Years of Experience
Cred Books has been operating since 2011 and has refined its healthcare business accounting checklists on real files across several countries.
In House Team of 100+
More than 100 in house certified accounting professionals means cover for leave, peak periods and growth. No freelancers and no handoffs to strangers.
Compliance and Data Care
Documented controls and audit ready workpapers support your obligations on financial records and patient data.
Lower Accounting Costs
Clients cut back office accounting costs by 40% to 60% without lowering quality, because they pay for expertise instead of desks and recruitment.
Which Healthcare Businesses Benefit Most from Reckon?
These healthcare practices see the biggest gains when Cred Books runs their Reckon file.
General Practices
Faster claims clearing and clear margins for each doctor.
Dental Clinics
Patient payment plans, lab fees and supplies tracked by chair.
Allied Health Groups
Practitioner splits and rebates recorded for physios, psychologists and more.
Day Surgeries and Specialists
Facility fees, theatre costs and claims tracked per procedure.
Multi Site Medical Groups
Location level reporting and consolidated owner packs. See our Year End Accounting Services For Healthcare Businesses for closing the books cleanly.
Cost Conscious Practices
Cut back office costs by 40% to 60% without lowering quality.
Our Reckon Setup Process for Healthcare Businesses
A five step onboarding process that moves your practice books into Reckon without interrupting patient billing.
Reckon File and Claims Review
We review your Reckon file, open claims, clearing balances and practitioner arrangements.
Clinic, Jobs and Accounts Setup
We set up jobs, categories, custom fields and ledger rules for each clinic and practitioner.
Practice Software Integration
We connect Cliniko, Jane App, Best Practice or your billing software to feed Reckon.
Daily Bookkeeping and Reconciliations
We code transactions, reconcile clearing and bank accounts and chase unmatched claims.
Monthly Practice and BAS Reporting
We deliver practitioner reports, management packs and your BAS lodgement.
Frequently Asked Questions
Which Reckon products do you support for healthcare businesses?
We support Reckon One, Reckon Accounts Hosted, Reckon Accounts Desktop and Reckon APS, and we recommend the one that fits your practice size and reporting needs.
How do you reconcile Medicare claims in Reckon?
We track each claim from lodgement to bank deposit, match payments to patient invoices and flag unpaid or short paid claims for follow up.
Can you manage practitioner payouts?
Yes. We calculate service fee splits and contractor payouts from your billing data, record super and prepare remittance details on your agreed cycle.
How is GST free healthcare handled?
We set tax codes so GST free and taxable supplies are separated correctly, which keeps each BAS lodgement accurate and defensible.
Do you integrate Reckon with Cliniko and Jane App?
Yes. We connect Reckon with Cliniko, Jane App, Kareo, Best Practice, MedicalDirector and Halaxy so patient billing data reaches the ledger cleanly.
Can I see results for each clinic or practitioner?
Yes. Jobs and categories let us report revenue, costs and margin by clinic, room or practitioner, and combine them for the whole group.
Do you process payroll and Single Touch Payroll for clinics?
Yes. We run pay cycles in Reckon Payroll, calculate leave and super, and file Single Touch Payroll STP Phase 2 data after each pay run.
What is a Reckon Accredited Partner?
A Reckon Accredited Partner is an accounting firm or professional recognised for its training and experience with Reckon products. At Cred Books, every healthcare business client gets an experienced Reckon Accredited Partner, plus a dedicated Reckon certified accountant who handles the daily work.
How much can outsourcing Reckon accounting save a healthcare business?
Cred Books clients typically reduce back office accounting costs by 40% to 60% compared with running the same work in house. The saving comes from skipping salaries, benefits, software training and recruitment, while still getting certified accountants and a monthly review of every file.
How long does it take to move a healthcare business to Reckon?
Most Reckon onboarding handled by Cred Books takes between 3 and 7 business days. The timeline depends on how much history you bring across, the number of locations or entities, and how clean your existing records are.
Is Reckon or Xero better for a healthcare business?
Xero suits smaller practices that want a simple cloud tool. Reckon suits Australian and New Zealand practices that want strong BAS and GST handling, desktop or hosted options and job based reporting. Cred Books supports both and can advise on the best fit.
Why choose Cred Books for Reckon for Healthcare business?
Cred Books has run outsourced accounting since 2011, with more than 100 in house certified accountants and over 1,000 clients worldwide. You get a named Reckon Accredited Partner, a Reckon certified accountant, a monthly senior review and healthcare business specific checklists rather than a generic bookkeeping service.