Pharmacies

Expert Accounting, Compliance & Audits for Independent Pharmacies

Pharmacy Accounting Services to Guide Your Profitability

In today’s world, operating an independent pharmacy is no easy task. You have to finance and manage inventory, get reimbursements, keep an eye on cash flow, and minimize taxes — all while handling prescriptions and working with wholesalers who often dictate the cost and price of what you sell.

The pharmacy accountants at Wegner CPAs understand the nuances of operating an independent pharmacy, know what AWP means, and stay current on trends and developments as active members in the National Community Pharmacists Association (NCPA) and the Pharmacy Society of Wisconsin (PSW). In our experience, the most important factors in your success are the ability to obtain financing, manage cash flow and deal effectively with wholesalers. These are areas in which our pharmacy CPAs have a strong record of helping clients like you become more profitable. As a result, we are a leader in serving independent pharmacies throughout the country.

Our Expertise

We welcome the opportunity to discuss your goals and put our expertise to work for you:

Budgeting and cash flow management
Purchasing and buying agreements
Claims processing and adjudication
Inventory control systems
Financing, including borrowing against inventory
Tax planning and filing
Accounting and financial statement preparation
Retirement planning
Selling and buying stores

We can also refer you to companies that can help you with marketing, claim reimbursements, financing and other aspects of running a successful pharmacy business.

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After 5 bookkeepers and 2 accountants, I finally have a team that understands pharmacy. Wegner CPAs has helped me have faith that my financials from month to month are accurate, and with this confidence, I can operate my business with peace of mind.

Jennifer Palazzolo | Flatirons Family Pharmacy, Inc.

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Assisting independent pharmacy owners throughout the country with cash flow, financing, profitability and tax compliance.

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Going far beyond the standard accounting and tax services, our CPAs specialize in several industry areas and are in tune with the opportunities and challenges faced by each.

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Insights

We are committed to providing you with the tools you need to make sound decisions every day. Check out our extensive mix of educational resources, and please contact us should you need any help finding the answers to your questions.

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