Buying a pharmacy? Here's what you need to know about depreciation and amortization.
Scotty W. Sykes, CPA, CGMA
Advertisement
Articles by Scotty W. Sykes, CPA, CGMA
With tight margins, DIR fees, generic effective rate fees, and the delay in receiving third-party reimbursements, it’s easy to find yourself faced with cash flow pressures.
Pharmacies now may switch from accrual to cash accounting.
Advertisement
Latest Updated Articles
Tax Cuts and Jobs Act of 2017 Affecting Pharmacy AccountingFebruary 19th 2019
Three Red Flags in Pharmacy Cash FlowMay 14th 2019
The Power of Depreciation and Amortization When Buying a PharmacyNovember 27th 2019
Pharmacy Financial Statements: The Numbers that CountAugust 15th 2019
Advertisement
Advertisement
Trending on Drug Topics
1
FAQ: The Medicare GLP-1 Bridge—What Independent Pharmacists Need to Know
2
Grocery Pharmacy Conglomerate to Pay $40 Million for Violating False Claims Act
3
HHS Claims ACIP Cannot Meet for Flu Season Due to Ongoing Legal Battle
4
US Controlled Substance Market Expected to Grow $21 Billion by 2035
5