Bangor - Managing your practice & increasing profits (AM) / Understanding PAs & Dealing with VAT (PM)
- Date
- Time
- Cost
- Non members: £99.00 + VAT
- Location
- FULL DAY EVENT
- Chateau Rhianfa
- Near Bangor
- LL59 5NS
Book a place on this session now
To book this event please email events@psuk.co.uk.
Members
- Date
- Time
- Cost
- Non members: £99.00 + VAT
- Location
- AM ONLY - Managing your practice & improving profits
- Chateau Rhianfa
- Near Bangor
- LL59 5NS
Book a place on this session now
To book this event please email events@psuk.co.uk.
Members
- Date
- Time
- Cost
- Non members: £99.00 + VAT
- Location
- PM ONLY - Understanding PAs & Dealing with VAT
- Chateau Rhianfa
- Near Bangor
- LL59 5NS
Book a place on this session now
To book this event please email events@psuk.co.uk.
Members
Presented by: Caroline Pond
You can choose to attend just one session (half day) or attend both sessions as a full day. Select your preference above.
09:00 - Arrival refreshments & breakfast rolls
09:30 - Managing your practice & increasing profits starts
11:00 - Refreshment break
12:30 - Managing profits finishes and lunch is served / arrival and lunch if afternoon session only
13:15 - Dealing with PAs & VAT starts
14:45 - Refreshment break
16:30 - Event close Hosted jointly by Caroline Pond & Jim Mandeville
Understand a bit more about the courses on offer...
Managing your practice & increasing profits - Caroline Pond
We all have our accountants who prepare our annual accounts but that doesn’t mean we should be doing some basic sums on an on-going basis, in order to keep the dispensary finances on track.
But if we don’t know how we generate income and we don’t prepare some sort of cash flow statement as we go along how can we say we are managing the dispensary business?
In this session we will focus on understanding how dispensary income is generated and more importantly identifying where the main losses occur.
You will be given guidance on how to undertake meaningful internal audit in order to collect the data you really require to create useful monthly management accounts.
The session is aimed at the practice management and partnership team.
Understanding PAs & Dealing with VAT - Jim Mandeville & Caroline Pond
This course is designed to allow those involved in practice financial management along with those in dispensary management to dig deeper into the subject of Value Added Tax and how it impacts practice finances.
It will include an informative session on how to review the practice VAT accounting requirements and the strategies for maximising VAT recovery, as well as spending time looking at the more practical considerations to understanding and handling PAs (personally administered items), understanding drug statements and creating simple dispensary management accounts to manage profitability.
This session is suited to a broad spectrum of Practice team members including those with an interest in finances as well as dispensary managers and partners.
Sponsors
There will be some manufacturer partners in attendance who have sponsored the day’s event. They will have a small stand at the event and we could encourage you to take the time to visit them at their stands. They have had no input in the educational content. The sponsors in attendance are:
- AgaMatrix
- Gedeon Richter