Specialised Accounting Services for Optometrists

 

We are intimately familiar with the unique challenges faced by your optometry practice and are equipped to offer you meaningful solutions and practical advice.

 

With more than 35 years’ experience providing accounting services for optometrist, working with both franchised and independent practices, we understand the unique challenges of the industry.  We offer full service accounting support, including advise on day to day operations, billing routines, appropriate income tax and VAT deductions, internal control, bookkeeping and so much more.

 

Optometrists are experts at helping their patients, however being a business owner is challenging and we find too many practitioners spending too much time on their own administrative processes instead of focusing on their prime objective.  The question is; do you want to be known for your back-office skills or your interactions with your patients?

 

Our unique approach is designed to fast track your business success and we offer a wide range of services to optometrists including the following:

  • Start-up business advice

  • Advice and establishment of your business structure

  • Advice and assistance on the purchase or sale of your practice

  • Statutory registrations (CIPC, VAT, PAYE, UIF, WCA, etc)

  • Bookkeeping and payroll solutions

  • Monthly management reports

  • Annual Financial Statement

  • Tax planning and submissions

  • Estate planning and administration

 

 

We understand the challenges that you are facing because we have helped optometrists from the start-up phase to purchasing their first buildings and expanding into multiple offices.  

 

Whatever system you’re using now, we’ll meet you where you are and help you build a system that works.  

 

Let us manage your optometry practice’s reporting, accounting, and payroll so that you can spend more time growing your business.


Optician holding glasses. Eye doctor showing new lenses. Professional optometrist in white coat.

What some of our optometrist clients have to say:

 

“Masterfin offers a comprehensive and professional tax and accounting service, with years of experience in the optometry field.  They offer expert advice on all your accounting needs; from day to day management of the practice to more complex tax returns. 

Their services are a true asset to my business.”

Janus Grobbelaar B.Optom (RAU) – Theunissen & Grobbelaar Inc (Kimberley)

 

 

“I shall forever be indebted to Attie and his superstar bookkeeper Martie, from taking me from a newly qualified Optometrist in 1993 to a successful Business owner of 2 Specsavers Franchises.

In 2019 I had to make the difficult decision to sell up and emigrate. Attie, nearing retirement, put me in touch with his colleague and successor Cyril, who along with his team and Martie have made the next step of closing my businesses, tying up my taxes and loose ends a seamless transition despite New Zealand’s challenging time zone difference.

I feel I can rest at night in the knowledge that mine and my wife’s finances and hopefully ultimate financial emigration are in the capable and trusted hands of Cyril.

Their expertise and knowledge of the South African Optometry industry goes without question and highly recommended.”

Raymond Lawrence B.Optom (RAU), previous owner of the Bank City and Honeydew Spec-Savers Franchises (Johannesburg)

 

 

“Excellent personalized service.  Helps us with our tax and will even help with personal efiling.  Always available for questions and advise regarding any financial matters.  Does monthly payroll and leave.  Can definitely suggest them for your practice as well.”

Luané van der Merwe B.Optom – Spec-Savers (Preller Walk Bloemfontein)