Accounting Services for Doctors and Clinics, prepared and reviewed by a practising CA at an ICAI-registered firm, with a fixed fee confirmed in writing.
Reviewed by CA Rinky Vishwakarma (ICAI No.: 177507) · Last updated
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A doctor's income arrives from several sources: direct patients, hospital payouts, insurers, and sometimes diagnostics. Each carries different TDS and, in some cases, different GST treatment. Recording them separately lets the doctor see which source is worth the time.
Costly equipment such as imaging machines, lasers and dental chairs is bought on loan, so the books must separate principal from interest and compute depreciation correctly. A clear asset schedule also helps with insurance claims.
Healthcare services by clinical establishments are generally exempt from GST, but sales of medicines through a pharmacy and some other supplies are taxable. Mixing the two in one ledger creates errors in returns.
We keep the clinic, pharmacy and diagnostic counters as separate cost centres, so tax is computed on each correctly and the monthly report shows the profit of each. Exemption conditions can change, so the CA confirms current treatment during onboarding.
| Source | Tax record to track |
|---|---|
| Direct patient fees | Receipts and daily collection summary |
| Hospital payouts | TDS certificates and 26AS |
| Insurer or TPA payments | TDS and claim statements |
| Pharmacy sales | GST sales register |
| Diagnostic services | Separate ledger and GST review |
See also: TDS Accounting Services, Bookkeeping Services, Annual Accounts and Audit Support.
Share fee records and statements
Day 1Match collections to bank and TDS
Days 2 to 4Compile books and summary
Days 5 to 6CA review and monthly report
Day 7Every client receives a short, CA-reviewed MIS. A free blank format is available to download with no sign-up: Monthly MIS report format.
| Line | This month (Rs.) | Last month (Rs.) | Comment |
|---|---|---|---|
| Revenue | 12,40,000 | 11,10,000 | Up 11.7% |
| Gross margin | 31.5% | 29.8% | Better purchase rates |
| Operating expenses | 2,95,000 | 2,80,000 | Rent revision |
| Net profit before tax | 95,600 | 52,300 | Margin improved |
| Closing cash and bank | 3,42,000 | 2,60,000 | Collections on time |
| Debtors over 90 days | 74,000 | 1,12,000 | Two accounts recovered |
| Line | Amount |
|---|---|
| Our professional fee (per month + GST) | Rs. 1,500 |
| GST at 18% | Rs. 270 |
| Government or statutory fee | Rs. 0 (none for accounting work) |
| Total payable | Rs. 1,770 |
| Plan | Best for | Entries a month | Fee a month | With 18% GST |
|---|---|---|---|---|
| Starter | Professionals, service firms | Up to 100 | Rs. 1,500 | Rs. 1,770 |
| Growth | Traders, small manufacturers | Up to 500 | Rs. 3,500 | Rs. 4,130 |
| Scale | Retail, restaurants, e-commerce | 500+ | Rs. 7,500 | Rs. 8,850 |
| Service | Fee |
|---|---|
| Payroll, up to 10 employees | Rs. 1,000 a month |
| TDS accounting and returns | Rs. 1,000 a month |
| Extra bank account reconciliation | Rs. 1,000 a month |
| MIS pack with commentary | Rs. 2,000 a month |
| Backlog clean-up, up to 6 months | Rs. 4,999 one-time |
| Annual accounts and audit support | Rs. 9,999 a year |
| Virtual CFO | Rs. 15,000 a month |
Fees are fixed in writing after we review one sample month. Accounting has no government fee; taxes you owe are paid directly to the government.
"Ever since my association, I am impressed with the professionalism and personal conduct of the firm. Clients are made to feel belonging."
"An extremely professional setup, very responsible to all our needs. Strongly recommend for taxation and accounting services."
"The best for auditing, finance, and budget analysis. Will consistently give the best possible solution, worth every penny."
Fellow Chartered Accountant (FCA) with over 12 years of experience across Big 4 audit, investment banking and independent practice. Personally reviews each client's books and MIS before sign-off, and signs certificates in her capacity as a practising CA.
in View LinkedIn profileThe hospital may have deducted tax but filed its return late, used a wrong PAN or not filed at all. We list each hospital's deductions against your 26AS every quarter and send the hospital a reconciliation request so the credit appears before you file.
Generally yes. Depreciation is claimed on the cost of the asset at the applicable rate, while loan interest is claimed separately as an expense. We maintain an asset schedule with purchase dates and rates, so the claim follows the rules and is easy to defend.
Yes. We maintain books for sole practitioners, partnerships, LLPs and private limited clinics. Partner capital and profit-sharing are recorded as per the deed, and company clinics get statutory filings, so each structure's records stay compliant. Partner drawings and director remuneration are recorded separately from clinic expenses.
SVT & Associates is an ICAI-registered Chartered Accountancy firm. Every account is supervised and reviewed by CA Rinky Vishwakarma, Fellow Chartered Accountant, ICAI Membership No. 177507. Where a certificate or attest report is issued, it is signed by a practising CA and carries a UDIN.
After a short consultation and receipt of your documents, onboarding usually takes three to five working days, and the first monthly books are delivered within seven days of receiving complete data. If a filing deadline is close, we handle that first and then complete the wider setup.
Yes. As a Chartered Accountancy firm we are bound by the ICAI Code of Ethics on professional confidentiality. Your records are accessed only by staff working on your account, are shared through controlled folders or your own software, and are never given to third parties without your written consent or a legal requirement.
We work in your existing software, whether Tally Prime, Tally ERP 9, Zoho Books, QuickBooks or Busy, so you do not need to switch. Your licence and data remain yours at all times, and a full export of your books is available whenever you ask for it.
Fees are fixed and confirmed in writing after we review one sample month of your data. Our fee and GST are shown on separate lines, and accounting has no government fee. Work outside the agreed scope, such as a backlog clean-up, is priced separately and agreed with you before it begins.
Yes. Most of our work is delivered online across India, using shared folders, your accounting software, video calls and WhatsApp. Our office is in Goregaon West, Mumbai, where local clients can meet the CA in person, but no visit is needed to start or continue the service.
Monthly plans are not locked in, and you can end the service by giving us notice. You will receive your books, reconciliations and working papers in an exportable form. The Refund Policy linked in the footer explains how any advance payment is treated.
Free consultation · Fixed fee in writing · CA-managed
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