Veterinary practices

Accountant for Vet Clinics in Sydney

Trinity is a specialist accountant for vet clinics across Sydney — small animal, mixed practice, and specialist veterinary clinics. Practice ownership accounting tailored to veterinary work, by an accountant for vet clinics who understands the industry.

Certified across the platforms that matter

Why Trinity

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.

  • Longevity that compounds

    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.

  • Everything under one roof

    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 pick up the phone

    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 specialist accounting matters

Why vet clinics need a specialist accountant for vet clinics.

Veterinary practices combine clinical work, retail, drug inventory, and equipment-heavy operations. Income flows through consultations, surgery, diagnostics, food and product retail, and sometimes boarding. Each stream has different margins and different accounting treatment, and without separation the practice owner cannot see what is actually paying.

Add staff costs spanning vets, vet nurses, technicians, and front-of-house. Add controlled-drug inventory. Add equipment depreciation across imaging, surgical tools, and IT. The financial complexity behind a vet clinic is closer to a small medical practice than a typical small business.

A general accountant can miss significant deductions or fail to structure the practice for tax efficiency. Specialist veterinary accounting understands the income mix, the inventory work, and the partnership structures that come with vet practice ownership. Trinity has been doing this for over twenty years.

  • Mixed income streams

    Clinical work, retail, food sales, and boarding all blend together without separation. Profitability per service stream stays invisible.
  • Drug and equipment inventory

    Controlled drugs, vaccines, food, and supplies turn over constantly. Without proper inventory accounting, margins and shrinkage stay hidden.
  • Vet salary and partner structures

    Vet payment models vary: salary, share of billings, partner draws. Each has different tax treatment and structuring needs.
  • Practice valuation timing

    Practice value built over years can be left on the table at sale. Exit planning works best with two-to-five years lead time.
Specialist accounting for veterinary practice ownership.

What we do

Our services applied to your industry.

The same accounting and tax services we deliver firm-wide, shaped to the way your business actually runs.

  • Tax Services for Veterinary Clinics

    Whether you're a sole practitioner or running a multi-vet hospital, the right tax strategy protects your margins and keeps compliance off your plate. Annual tax returns for sole practitioners, partnerships, and companies. Tax planning and structuring to reduce your liability. Maximum deductions for equipment, fit-out, medicines, and business premises
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  • Bookkeeping for Veterinary Practices

    High transaction volumes, pharmaceutical purchasing, supplier accounts, and staff payroll create a constant stream of financial data. Without accurate bookkeeping, margins slip and compliance falls behind. Cloud-based bookkeeping on Xero — accessible from the clinic or anywhere. Accounts payable and receivable management. Bank reconciliation and transaction accuracy
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  • Payroll for Veterinary Clinics

    Managing payroll for vets, nurses, technicians, and admin staff — with penalty rates, overtime, and leave entitlements — is time-consuming and compliance-sensitive. We take it off your hands. Weekly, fortnightly, or monthly payroll processing. Full STP compliance and reporting. Timely superannuation payments
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  • Cash Flow Management for Vet Practices

    Seasonal demand swings can leave clinics short during quiet months and overwhelmed during busy periods. We help you plan ahead. Cash flow forecasting and rolling budgets. Revenue trend analysis across seasons. Supplier payment scheduling
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  • Business Advisory for Veterinary Growth

    Beyond compliance, we help vet practices grow sustainably with tailored business advisory services: Financial performance reviews and industry benchmarking. Expansion and acquisition planning. Succession planning for clinic owners
    Learn more
  • Tax planning specific to veterinary clinics

    Year-round tax strategy tailored to veterinary clinics: structure reviews, super contributions, equipment timing, and small business CGT concessions where applicable.
    Learn more

Why clients choose us

Specialist accounting built for veterinary practice.

Veterinary practice ownership has its own financial rhythm. Trinity provides the accounting expertise vet practice owners need to track profitability, manage inventory, and structure ownership properly.

  • Vet practice depth

    Familiarity with the income mix, inventory complexity, and ownership structures of veterinary practice.
  • Multi-stream visibility

    Clinical, retail, food, and boarding income all reported separately. Profitability per service line visible monthly.
  • Inventory and drug accounting

    Drug inventory, equipment depreciation, and shrinkage tracked properly. Margins visible per category.
  • Vet payment structures

    Salary, share-of-billings, and partnership models all handled with appropriate tax treatment for each.
  • Practice value protection

    Practice value documented over time and exit-planned in advance. Sale price reflects what was actually built.
  • Year-round support

    Quarterly tax planning, monthly reporting, and direct access for the financial questions that come up between seasons.

Accounting engagement

How we take on a veterinary practice as an accounting client.

The same accounting engagement process for every new veterinary practice. Predictable for you, scaled to the size and complexity of the business.

  • Veterinary Practice review

    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.

    • Three-year review of returns and effective tax rates
    • Current bookkeeping and reconciliation health-check
    • Drug inventory and equipment register reviewed
    • Onboarding meeting to agree priorities for the year ahead
  • System setup

    Xero configured for your veterinary practice. Chart of accounts built around how your business actually runs, integrations and tracking established, and reporting templates tailored to veterinary practice management.

    • Chart of accounts structured for your veterinary practice
    • mixed-stream revenue tracking established
    • Bank feeds, integrations, and recurring rules configured
    • Reporting dashboards for profitability per service line
  • Ongoing engagement

    Monthly financial reporting, quarterly tax planning, and annual review. You always know where the veterinary practice stands financially, what is changing, and what is coming up. We are accessible whenever a decision needs financial input.

    • Monthly profit and loss, balance sheet, and cash flow
    • Quarterly tax planning and BAS preparation
    • Annual review against benchmarks and goals
    • Direct line for advisory questions as they arise
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Who we work with

Veterinary practices we work with.

If your situation fits one of these descriptions, we have done the work before.

  • Small animal practices

    Companion animal clinics with mixed clinical, retail, and food revenue.
  • Mixed practices

    Companion plus large animal or equine practices. Different revenue mix, different inventory profile.
  • Specialist vets

    Specialist clinics in surgery, dermatology, dentistry, or behaviour. Higher-fee services, narrower client base.
  • Multi-vet group practices

    Multiple practitioners, multiple locations, consolidated reporting. Group-level tax planning and partnership management.

About Trinity Accounting

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.

Dedicated team members in business attire smiling during a client consultation at the office.
The Institute of Public Accountants (IPA) logo featuring colorful overlapping shapes and the IPA acronym, representing a professional accounting organisation in Australia.ASIC Registered AgentLogo of Trinity Accounting Practice, an Australian accounting and tax advisory firm based in Beverly Hills, NSW, established in 2003.A green circular icon featuring a white checkmark and a stylized leaf, symbolizing reliable tax compliance and advisory services.Xero migration specialist logo featuring a blue geometric design and the text "Xero migration specialist" for accounting and bookkeeping services.Xero Gold Partner badge indicating Trinity Accounting Practice's status as a trusted Xero partner for accounting and bookkeeping services in Beverly Hills, NSW.
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What our clients say

The reviews speak for themselves.

Sole traders, growing companies, and trustees who keep coming back. Here’s why.

5.0
Based on 100+ Reviews
See all reviews
  • 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!

Common veterinary practice questions

What veterinary practices ask before engaging us.

The questions veterinary practices most often have before working with us. Same answers we give in person, just in writing.

Pricing depends on practice size, revenue mix, and the engagement scope. Solo vets typically start at a fixed monthly fee. Multi-vet and multi-location practices are quoted as a package after review.

Yes. We prepare vet practice valuations for sale, partnership change, or refinancing. We understand the factors that drive practice value and help you optimise them.

Yes. Controlled drug inventory, vaccines, food, and supplies all tracked properly with margin and shrinkage visibility. Compliance with regulatory recordkeeping requirements maintained.

We design and document salary, share-of-billings, and partnership structures for vets. Tax-efficient and compliant with Fair Work and ATO tests.

Yes. Each revenue stream is tracked separately so you can see margin and contribution per service line, not just total revenue.

Tax planning runs year-round: equipment timing, super, structure reviews, and CGT all considered together. Decisions made in March, not in May.

Still have a question? Contact us.

Get specialist accounting for your veterinary practice.

Book a free consultation. Twenty minutes, no obligation. We will tell you straight if we can help.