Challenges
The manual work this trade still runs on, what it costs, and what changes.
Fees collected at the desk never quite match the day's register
- How it is done today
- A handwritten receipt book or a printed slip, with cash in a drawer and UPI checked on the owner's phone in the evening
- Cost or risk
- Unexplained gaps between cash, UPI and visits, and no receipt trail when a patient asks for one later
- With Finocket
- Reception records each fee by cash, UPI or card and shares a receipt on WhatsApp, so the day's collections add up by tender
The owner has to share their own login, or do the billing themselves
- How it is done today
- Reception uses the doctor's account, or bills in a notebook that the owner types up later
- Cost or risk
- Anyone at the desk can change prices or delete entries, and the owner spends evenings on data entry
- With Finocket
- Reception gets a cashier role to bill at the counter; the owner keeps settings, prices and the team
TDS deducted by hospitals and TPAs is lost track of
- How it is done today
- Net receipts are entered as if they were the full fee, and the CA reconstructs TDS from your annual tax statement at year end
- Cost or risk
- Credits are missed or mismatched against your annual tax statement, and income is understated in the books
- With Finocket
- Record the TDS a hospital, corporate or TPA deducted on each receipt and read it against your annual tax statement
TPA bills sit unpaid with no one chasing them
- How it is done today
- A spreadsheet or a file of claim copies, checked when cash runs short
- Cost or risk
- Short payments and delays are written off silently
- With Finocket
- Outstanding amounts by payer show who owes what and for how long; short-payment reasons are not built yet
Supplier, lab and AMC bills pile up in a drawer
- How it is done today
- Paper bills handed to the CA in a bag at quarter end
- Cost or risk
- Missing or duplicate expenses and lost input-tax evidence on taxable purchases
- With Finocket
- Photograph a bill and it becomes an expense, with a warning when the same bill is added twice
Rent, equipment AMC and fixed salaries are re-entered every month
- How it is done today
- Manual journal entries, or none until the CA asks
- Cost or risk
- Months with missing costs and a profit figure nobody trusts
- With Finocket
- Post rent, AMC and the salary entry as recurring rules; payroll itself stays in ashr.work
Packages are quoted differently by different people
- How it is done today
- Reception remembers the terms, or writes them on the receipt by hand
- Cost or risk
- Disputes over how many sessions were promised and for how long
- With Finocket
- Write the session count and validity on the package item so every quote is the same; draw-down is not built yet
Filing time means a week of back-and-forth with the CA
- How it is done today
- Photos and spreadsheets sent over WhatsApp, then questions on each one
- Cost or risk
- Late filings and a CA bill for work that is mostly data cleanup
- With Finocket
- Invite the CA read-only and hand over one bundle generated from your own books