Your Pharmacy Isn't a Normal Retail Business. Your Accounting Shouldn't Be Either.

Accounting, tax and reporting for independent pharmacies, banner stores and multi-location owners.

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Independent pharmacy owner inside a modern dispensary

The problem

Inventory swings and thin front-store margins hide your real profit.

From inventory and payroll to corporate tax, HST, cash flow and multi-location reporting, The Accounting Doc helps pharmacy owners understand exactly where their money is going — and keep more of what they earn.

What we cover

• Inventory and cost of goods
• Prescription revenue reconciliation
• Front-store revenue and margins
• Supplier and wholesaler accounts
• Payroll for pharmacists and technicians
• Pharmacy acquisitions and vendor take-backs
• Multi-location consolidated reporting
• Professional corporation accounting
• Financing and lender reporting
• Gross margin analysis by category
• HST on taxable vs exempt sales
• Corporate tax and instalments
• Owner compensation planning
• Purchase and sale of pharmacies

Problems we solve

Where the money is usually leaking

You can't tell dispensary profit from front-store profit

We separate revenue streams and cost of goods so you can see script margin, front-store margin and true store contribution — monthly, not at year-end.

Inventory is a black box

We build an inventory and COGS process that ties to your wholesaler statements, so shrink and pricing problems show up while you can still fix them.

You're buying or selling a store

We review the numbers behind the deal: normalized earnings, script count value, inventory adjustments, working capital and the financing package your lender will ask for.

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FAQ

Pharmacies: your questions

How much will this cost?

Monthly accounting starts from $299/month and is priced on transaction volume, payroll, entities and complexity. Use the instant pricing calculator for an indicative range, then we confirm an exact fixed price after a short review.

Do you work with multi-location pharmacy owners?

Yes. We handle per-store reporting plus a consolidated view, intercompany balances and owner-level tax planning across the group.

Can you handle HST when some sales are exempt?

Yes. Prescription sales and front-store sales are treated differently for HST. We configure your point-of-sale mapping so filings are correct and defensible.

Do you help with pharmacy acquisitions?

We provide accounting-side acquisition analysis: quality of earnings review, inventory and working capital adjustments, and lender-ready projections. Legal and valuation opinions stay with your lawyer and valuator.

Can you take over from my current accountant?

Yes. We handle the transition, request prior-year files and CRA access, review what was filed, and flag anything that needs to be corrected before we take over your filings.

Do you provide audits?

No. The Accounting Doc does not provide audit or assurance engagements. We focus on accounting, bookkeeping, tax, compliance, business registration, reporting and advisory services within the scope of our professional services.

Book a Pharmacy Accounting Consultation

Tell us about the business. We'll come back with a fixed price and a first step.