Bank reconciliation and stock control are vitally important to help run efficient, secure veterinary practices. This course covers how to properly perform these processes and explores the various relevant functions and reports available in VetSCOPE to enhance your business.
As a practice processing hundreds of receipts and payments on a monthly basis it is vital that you accurately record these transactions. Reconciling your transactions with statements from your bank within VetSCOPE will highlight any mistakes in entries made by the practice and/or the bank. Furthermore, it gives your practice a true picture of what transactions have and have not been processed. The stock control functions within VetSCOPE create a history and audit trail of all stock items (including prescription-only drugs), and properly applied stock control ensures that your system accurately reflects what stock is currently held in your practice. This further allows for more efficient stock ordering as well as correct stock valuation.
What is not covered in this course:
- Client management processes
- Animal management processes
- Trial balance, balance sheet, profit and loss reports
- VAT reporting