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Property accounting

6 Specialisms

Structured bookkeeping for landlords, portfolios, and property operators who need cleaner records and better visibility by asset or activity.

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Precision financials for the modern pharmacy.

Navigating the complexities of NHS reimbursements, drug cost volatility, and VAT splits shouldn't feel like a prescription for stress. We bring clarity to your clinical books.

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Specializations

Pharmacy-Specific Fiscal Management

NHS Prescription Reconciliation

Automated matching of dispensed items against FP34c claims to ensure every penny of your professional fees and drug reimbursements is accounted for.

Wholesale Drug Cost Tracking

Real-time analysis of manufacturer price shifts and Category M clawbacks to protect your dispensing margins from market volatility.

VAT Apportionment

Accurate retail vs. medical supply splits using the partial exemption method.

Inventory Velocity

Optimising stock days to free up cash flow without risking patient safety.

Predictive Cashflow

Forecasting your Pharmacy’s next 12 months based on reimbursement lags and seasonal demand spikes.

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Understanding the NHS Cycle

The NHS Reimbursement Cycle is essentially the "payment rhythm" of your pharmacy. It can be confusing because you aren't paid immediately for the work you do today.

01

Dispensing & Claiming

You give a patient medicine in January. You record this and send your claim to the NHS BSA at the start of February.

02

The Wait & Advance

The NHS pays you an "advance" in March. This is an estimate based on what they think you dispensed.

03

The Reconciliation

In April, the NHS finishes counting exactly what you dispensed in January and pays (or deducts) the difference. This two-month lag is what we help you manage.

Ready to balance your pharmacy's books?

Join the leading independent pharmacies across the UK who trust Earthen Silk for their specialised bookkeeping needs.

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