Running a pharmacy can be a profitable and rewarding occupation. Providing comfort and good health to the local community is something few other businesses can do. However, the strict legislative controls in place around running a pharmacy can make it a distinct challenge.
While a pharmacy operates similar to other standard businesses such as newsagents and off-licenses the tight government control in place puts pharmacists under more pressure than most to meet compliance standards in every aspect of the business, in particular keeping accounts.
VAT Variety
Tax compliance is another area that creates additional complication for pharmacists. A range of different VAT rates for the different product types sold by pharmacists can be a source of many headaches particularly when it comes time to file the businesses tax returns.
Operating a pharmacy can certainly be a complicated business and making it successful can be a challenge. Simplifying as much of the business as possible makes that success all the more likely.
Clarity from the Cloud
Adopting a clear, straightforward accounting software solution can simplify many aspects of running a pharmacy. Cloud based accounting software provides the benefits of traditional accounting software along with all the benefits of the cloud.
Big Red Cloud online accounting software package is a clear, easy accounting software specially designed for small businesses, sole traders and accountants. It is ideally suited for use by pharmacists.
Easy to Access
Because it is cloud based it can be accessed from anywhere on any machine. This means separate laptops or tablets can be kept in the office, the store room and in the store front that can all access the same account. Figures can be quickly and easily added to the same record from each device.
Big Red Cloud also provide for unlimited user to access your account meaning staff can enter details, delegating the work to others. It also enables you to give your accountant direct access to your records for free.
Easy to Use
Big Red Cloud automatically calculates VAT rates based on rates added to the programme. It provides trading, loss & profit sheets for at a glance evaluation of the status of the business. A powerful suite of analytics categories allows business owners to find areas where greater efficiencies can be made to their businesses.
Invoices and statements can be set to send automatically after they have been compiled saving time. Big Red Cloud’s interface is specifically designed to be clear simple and intuitive.
Phone, email and live chat support is provided to customers free of charge so you need never be stuck.
If you are a UK based pharmacy take the Big Red Cloud free trial and save yourself time and money with more efficient accounting.
