Accountant for Pharmacies in Sydney
Specialist accounting, bookkeeping, and tax services for independent pharmacies, franchise pharmacies, and compounding pharmacies. Over twenty-two years across the pharmacy sector.
Three reasons our clients stay.
We’re a boutique accounting practice built on long-term client relationships, offering personalised tax, accounting, and advisory services to businesses and organisations across Sydney.
Twenty-three years in practice as of 2026. Same firm, same principal, same standards since 2003. Some clients have been with us almost the whole way. The work compounds, and so does the trust. Over four hundred SMSFs managed and thousands of tax returns lodged.
Tax, books, advisory, SMSF, Xero. One team that knows your business. No handoffs between firms, no missed details between specialists, no questions you have to answer twice. Numbers flow cleanly from books to BAS to tax return because the same people are looking at all of them.
We are old-fashioned about this. You get a name, a direct line, and someone who actually knows your file. We watch for trends, flag issues before they become fines, and call when something needs attention. Most clients hear from us between quarters, not just at lodgement time.
Why pharmacies need a specialist accountant.
Pharmacies operate under heavy regulation with unique financial complexity. PBS claims, controlled stock, supplier rebates, franchise obligations, and high staff costs all require an accountant who knows how the sector actually works. The accounting work is small business plus heavy compliance plus inventory complexity.
Add ownership structures that often involve partnerships, banner groups, or franchise affiliations. Add staff payroll under the pharmacy industry award. Add the constant pressure of stock turnover and supplier credit terms. The financial complexity sits well above small business average.
A general accountant can miss significant deductions, fail to maximise PBS-related tax outcomes, or structure your practice in a way that complicates partnership transitions. Specialist pharmacy accounting means understanding the income mix, the inventory work, and the partnership arrangements that come with the sector. Trinity has been doing this for over twenty years.
Our services applied to your industry.
The same accounting and tax services we deliver firm-wide, shaped to the way your business actually runs.
Specialist accounting built for pharmacy.
Over twenty-two years working with independent pharmacies, franchises, and compounding pharmacies. Trinity provides the financial expertise pharmacy owners need to maximise margins, stay compliant, and structure ownership properly.
How we take on a pharmacy as an accounting client.
The same accounting engagement process for every new pharmacy. Predictable for you, scaled to the size and complexity of the business.
We review your current financials, accounting setup, and operational structure. Gaps and opportunities are identified before any changes are recommended, and the engagement scope is agreed up front.
Xero configured for your pharmacy. Chart of accounts built around how your business actually runs, integrations and tracking established, and reporting templates tailored to pharmacy management.
Monthly financial reporting, quarterly tax planning, and annual review. You always know where the pharmacy stands financially, what is changing, and what is coming up. We are accessible whenever a decision needs financial input.
Use our free Industry Benchmark Tool to compare your business against FY2026 NSW benchmarks across 20+ industries. Get instant traffic-light results in 60 seconds — no signup required.
Use the Benchmark Tool →Pharmacy operations we work with.
If your situation fits one of these descriptions, we have done the work before.
A small firm by design.
Trinity Accounting Practice opened in Beverly Hills in 2003. Ramy Hanna, a registered tax agent and Fellow of three Australian accounting institutes, has run it since. The firm has stayed deliberately small, deliberately local, and deliberately senior. The principal you talk to today is the principal who will be reviewing your return next October.
Most of our work comes from referrals. Most clients have been with us for years, some for decades. We think that says more about the work than any award would.
The reviews speak for themselves.
Sole traders, growing companies, and trustees who keep coming back. Here’s why.
Doesn't cut corners
I'm so glad I found Ramy & Kim from Trinity Accounting. They have helped me and my business tremendously. They really care about their clients and don't cut corners. Very impressed with their knowledge and level of customer service.
Business and personal
Trinity Accounting Practice is knowledgeable and professional for business and personal finances, providing clear advice.
Diligent and professional
Trinity Accounting Practice is highly professional and diligent. I highly recommend them to anyone seeking any accounting advice.
The best, hands down
Ramy is the best accountant in Sydney. He helped me solve my problems. He is the best. I really thank you Ramy for everything.
Medical practice expertise
I have a medical practice. I met with many accountants before, but I found Ramy Hanna has a very well organised accounting practice and he is very knowledgeable and has great experience.
A real lifesaver
Trinity Accounting has been a lifesaver for my construction business. Ramy's knowledge of BAS, GST, and tax is unmatched. Great service and support!
What pharmacies ask before engaging us.
The questions pharmacies most often have before working with us. Same answers we give in person, just in writing.
Pricing depends on pharmacy size, ownership structure, and the engagement scope. Single-store independents typically start at a fixed monthly fee. Multi-store and franchise groups are quoted as a package.
Yes. PBS claims are reconciled against payments received as part of standard bookkeeping. Discrepancies are flagged for review rather than left to compound.
Yes. We design and document partnership structures, handle buy-in and buy-out accounting, and manage the tax outcomes for incoming and outgoing partners.
Yes. We support independents, banner-group affiliates, and franchise pharmacies. Each has different reporting and compliance demands and we adjust to fit.
We track inventory at the category level, with margin analysis and stock-loss reporting. SKU-level tracking is available where the pharmacy POS supports it.
CSO reporting and 6CPA compliance are part of standard service for relevant pharmacies. We stay current with arrangement changes and adjust reporting accordingly.
