Bookkeeping Services for Doctors in Mississauga
Focus on healing patients while we heal your books! Our medical bookkeeping services simplify OHIP claims and cut billing cycles by 40%. Leave your finances to our expert healthcare bookkeepers in Mississauga.Page subtitle
Better Books for Better Care: Bookkeeping for Doctors in Mississauga.
Maximize Your Claims
No more billing stress. Our OHIP specialists achieve an impressive 99.8% first-time approval. It cuts payment cycles from 45 days to just 15 for Mississauga doctors.
More Time for Patients
Save 12+ hours every week. Our cloud-based bookkeeping system automates data entry and reconciliation, giving you more time for what matters – patient care.
Audit-Proof Practice
Feel secure and stay compliant. Our CPA team ensures 100% compliance with CRA regulations and OMA guidelines. Need audit support? It’s free and always available.
Secure Financial Health
Take charge of your practice’s money. Real-time dashboards show key stats like revenue, margins, and days in A/R. Make smarter decisions and grow with confidence.
Our Top Bookkeeping Services for Doctors in Mississauga.
Catch financial issues early before they grow. We handle everything from OHIP billing to expense tracking to keep your practice financially strong.
Medical Billing & Claims Management
- Managing 7,000+ OHIP fee codes (99.8% approval rate)
- Simplified private insurance billing and HST compliance
- Targeting 95%+ patient payment collection
- ERA (Electronic Remittance Advice) processing
- Integration with Practice Management Systems
- Reducing A/R to under 30 days (industry standard)
Practice Expense Management
- Overhead reduced to 40-50% of revenue (industry standard)
- Managing staff costs (30-50% of expenses)
- Reducing medical supply costs (10-15% of expenses)
- Handling malpractice insurance and licensing fees
- Digitally capturing and organizing receipts
- Analyzing procedure costs to boost profits
Financial Health Monitoring
- Monthly financial statements with key metrics
- Analyzing profitability (industry standards)
- Helping you with cash flow management
- Setting up budgets and analyzing any differences
- Tracking your revenue cycle performance
- Access to a real-time financial dashboard
Tax Planning & Compliance
- Optimizing taxes for professional corporations
- Preparing and filing HST/GST returns
- Managing payroll taxes and preparing T4s
- Tracking depreciation on medical equipment
- Structured compensation in a tax-efficient way
- Planning taxes strategically to help your practice grow
Medical Payroll Services
- Managing physician compensation
- Processing locum payments
- Taking care of staff payroll and benefits
- Ensuring WSIB compliance and reporting
- Calculating holiday pay and overtime
- Handling year-end T4/T4A preparation
Practice Growth Planning
- Helping with equipment purchase planning
- Doing feasibility studies
- Assisting with mergers and acquisitions
- Succession planning for medical practices
- Tracking key performance indicators
- Developing strategies to help your practice grow
Trusted by Leading Mississauga Doctors for Bookkeeping.
We help solo practitioners and clinics in Mississauga manage finances. Our medical practice bookkeeping team in Mississauga knows the challenges of running a practice in the GTA.
80+ Doctors Choose Our Bookkeeping Services in Mississauga.
See how our physician bookkeeping services in Mississauga can transform your practice. We use healthcare-focused tools and deep industry knowledge to help you thrive.
Faster Payments
Speed up cash flow with smooth billing and automatic follow-ups that save you time.
Clear Insights
Check on your finances anytime with real-time data, available 24/7 on a safe dashboard.
Perfect Compliance
No stress about CRA, OMA, or OHIP rules—we’ve got them covered for you.
See Why Doctors Trust Our Mississauga Bookkeeping Services.
100% Satisfaction Guaranteed.
Money-Back Guarantee
You only pay if you're fully happy with our medical bookkeeping services.
Zero Audit Risk
Relax knowing we offer free audit support and guarantee full compliance.
Transparent Pricing
No surprises—our pricing is clear and covers everything.
Why Do Mississauga Doctors Choose Our Bookkeeping Services?
Expert Bookkeeping for Doctors in Mississauga: By Medical Specialty.
Family Medicine Practices
Managing a high patient load while staying profitable is tough, but not with our medical bookkeeping Mississauga. Our automated systems cut admin time by 60% and boost revenue by tracking every billable service.
Specialist Clinics
Handling $500K–$1M+ annually? Precise financial controls are critical. We implement custom tracking systems that improve revenue by 25% and cut billing errors. Maintain profits of 20–25% even with complex treatment cycles.
Dental Practices
- Struggling with high overhead and tricky insurance claims? Our Mississauga dental accountants use systems to save practices $20K+ annually by optimizing expenses and streamlining claims.
Mental Health Practices
Frequent no-shows and variable appointment lengths? Our billing system integrates with scheduling to reduce revenue loss by 35% and enhance collections.
Physiotherapy Clinics
Managing multiple treatments and insurance? Our systems streamline documentation and billing and documentation, cutting claim processing time by 50%.
Medical Imaging Centers
Dealing with high equipment costs and complex billing? We offer expert medical bookkeeping solutions in Mississauga using systems to improve cash flow by 40% and optimize equipment depreciation.
A Message from Our CPA
Hi! I’m the founder of SAL Accounting. I know running a medical practice while managing finances can be tough. That’s why we’re here—to handle your books, boost revenue, and cut admin time, so you can focus on what matters most—caring for your patients.
M. SALMAN
FAQs: Medical Bookkeeping Services in Mississauga
Sarah Zeyneb
Jazz Thind
Alex Hart
M.SALMAN, CPA
How do you set up accounting systems for medical practices?
How do you set up accounting systems for medical practices?
We use a customized chart of accounts for healthcare providers. It tracks OHIP billings, non-insured services, WSIB claims, and facility fees. Everything integrates with practice management software to handle billing and payment plans. This reduces errors by 75% and saves 15+ hours weekly on admin work.
How do you optimize tax planning for Professional Corporations?
Our tax strategy ensures you get the most out of Section 125 of the Income Tax Act. Key benefits include:
- Tax Savings: A mix of salary and dividends reduces taxes by 15-20%.
- Maximized Deductions: Timed purchases (for maximum CCA claims) and optimized family compensation lower effective tax rates to as low as 12.2%.
We also maintain complete CRA compliance to ensure your peace of mind.
How do you manage OHIP billing cycles?
Our streamlined five-step OHIP management system ensures smooth processing of over 7,000 fee codes. From tracking submissions to monitoring payments and handling appeals, we’ve got it covered—all with a 99.8% first-time approval rate. This approach shortens billing cycles from 45 to 15 days while optimizing fee claims automatically.
How do you manage overhead costs and expense tracking?
Our goal is to keep overhead at 40–50% by managing key expenses. We closely monitor staff costs (typically 30–50% of operating expenses), while keeping supplies at 10-15% for efficiency. With real-time cost tracking and smart vendor management, we’ve helped most practices cut overhead by 20–25% in the first year.
What records do you keep for compliance?
Our secure, cloud-based system stores:
- Billing records (10 years).
- Financial and tax docs (7 years).
- Equipment records (asset life +7 years).
This ensures full PHIPA and PIPEDA compliance, offering 24/7 secure access and 100% success in CRA audits.
How do you manage cash flow and banking?
We use a simple five-account system to keep money organized. There’s an account for daily spending, one for tax savings, one for your business, plus accounts for HST and investments. This setup makes it easier to manage cash flow, helping you save 40% more and always have funds ready for taxes and expenses.
How do you boost practice’s profitability?
Our system tracks key metrics such as revenue per physician, revenue per patient, and overhead ratios in real-time. By maintaining collection rates above 95% and Days in A/R under 30 days, our clients achieve 25–30% higher profitability in their first year.
How do you manage HST for doctors?
We take care of both HST-exempt and HST-applicable services, like cosmetic procedures, with automated categorization to stay compliant. By keeping track of HST credits, we save over 10 hours a month on tax prep and help maximize your HST refunds. Plus, our system ensures you’ve got audit-ready documentation, staying 100% CRA compliant.
What's your year-end preparation process?
Our medical bookkeepers in Mississauga handle all the essential tasks to make year-end filing smooth and hassle-free. That means tackling bank reconciliations, aged receivables, depreciation, OHIP payment reconciliation, and detailed expense reviews. Our doctor accounting services in Mississauga help practices save 30% on accounting costs while ensuring faster filing and maximizing deductions.
How do you support practice growth and expansion?
We provide financial modeling for growth, covering patient volumes, equipment, staffing, and profitability. Our planning raises success rates by 25% while keeping strong profit margins.
Where is SAL Accounting located?
We are located in Mississauga at 55 Village Centre Pl, Suite 734, ON L4Z 1V9, right off Highway 403 and Hurontario St.
Get Your FREE Consultation with Our Medical Bookkeeping Experts.
Want to take your practice’s finances to the next level? OurMississauga bookkeeping services are designed to help healthcare providers grow and thrive. Book your free consultation today, and let’s get started!