Bookkeeping for Medical Clinics
Billing reconciliation, payroll, and clean financial reporting for medical clinics across Canada and the United States.
Majoka Accounting Ltd. provides bookkeeping designed around how medical clinics actually operate: provincial and insurance billing that lags behind services rendered, multi-provider payroll, and overhead costs that need to be tracked separately from physician draws. We keep your books accurate and current so clinic owners and physicians always know where the practice stands financially.
Introduction
Medical clinics run on a billing cycle that rarely matches the calendar month. Provincial health billing, private insurance claims, and patient payments can all arrive weeks or months after a service was delivered, which makes it easy for a clinic's books to fall out of sync with reality. Majoka Accounting Ltd. works with clinic owners, physicians, and practice managers to keep revenue, overhead, and payroll organized as billing actually clears.
We support solo practices, multi-provider clinics, and specialty practices across Canada and the United States, whether the clinic operates as a professional corporation, a partnership, or a sole proprietorship.
Why Bookkeeping Matters for Medical Clinics
Clinics carry meaningful fixed overhead, rent, equipment leases, staff wages, and supplies, that continues whether billing is caught up or not. Without accurate, current bookkeeping, it's easy to miss a slow billing period until cash flow is already tight.
Clean books also matter for physician compensation models, partnership distributions, and year-end tax planning. A practice manager or physician-owner needs to see overhead-to-revenue ratios clearly, not reconstruct them from bank statements every quarter.
Common Financial Challenges
Our Bookkeeping Solutions
Billing & Revenue Reconciliation
We reconcile provincial billing, insurance payments, and patient payments against deposits so your revenue reporting reflects what's actually been collected, not just what was billed.
Multi-Provider Payroll & Overhead Allocation
We track payroll across different compensation structures and allocate shared overhead costs across providers where clinics operate on a cost-sharing model.
Compliance-Aware Financial Reporting
We prepare monthly reports formatted for your accountant's year-end filing, with revenue, overhead, and payroll clearly broken out.
Services Tailored for Medical Clinics
Revenue reconciliation, expense entry, bank reconciliation, monthly reports
Rebuilding backlogged billing and expense records
Correcting miscoded overhead and provider compensation entries
Multi-provider and staff payroll, remittances, year-end slips
Supplier and equipment vendor invoice tracking
Monthly profit and loss by provider and clinic-wide
Benefits of Outsourcing Bookkeeping
Software We Support
Industries We Also Serve
Alongside medical clinics, we support Dentists, Lawyers, Construction Companies, Realtors, Restaurants, Nonprofits, Consultants, and E-commerce Businesses.
Why Choose Majoka Accounting Ltd.
Majoka Accounting Ltd. is led by Managing Director M.A. Majoka, with Managing Partners Syed Mubashir Hassan and Ali Majoka. We support medical clinics across Canada and the United States remotely, using secure cloud systems and consistent monthly reporting. We are not a CPA firm and do not perform audits, our focus is accurate, current bookkeeping that supports your accountant and your practice decisions.
Our Simple Process
Frequently Asked Questions
Get Financial Clarity for Your Clinic
If billing lag and multi-provider payroll are making your clinic's books hard to trust, Majoka Accounting Ltd. can help. Book a free consultation and we'll show you exactly where your practice stands financially.
Related Industries We Work With
Businesses like yours often ask us about these too. Each page covers the bookkeeping that sector actually needs.
Book a Free Consultation
Tell us how your business works and we'll show you exactly where your books stand, with a fixed monthly price and no obligation.