Medical and dental practices

An insurance deposit is not one number

A Saudi practice billing through Bupa Arabia, Tawuniya or another payer receives a net deposit weeks after the visit, after adjustments, rejections and co-payment splits have already happened somewhere upstream. A practice that books that deposit as a single figure loses the ability to see which procedures are actually reimbursed at the rate quoted and which are quietly being written down.

Finbryn reconciles insurance payer deposits apart from patient copay collections, matching each payer's remittance advice against the claim it settles, so collections by payer and by procedure are visible rather than blended into one bank line.

Payroll for a mixed clinical workforce

Most Saudi practices run a mix of Saudi and non-Saudi doctors, dentists, hygienists and support staff, and GOSI treats the two groups differently: a Saudi employee's contribution runs to 21.5% of contributable wage split between employer and employee across pension and SANED, while a non-Saudi employee's GOSI is limited to the 2% occupational hazards branch paid by the employer. Every registered employee's wage moves through the Wage Protection Programme via Mudad, and we keep that payroll data consistent across a workforce that often changes month to month as visas and contracts turn over.

Equipment, VAT and the practice's tax position

Dental and imaging equipment, along with practice fit-out, is tracked as a fixed asset with its own depreciation schedule rather than expensed against the month it was purchased, which keeps both the balance sheet and the Zakat base it feeds into accurate. Medical and dental services carry their own VAT treatment under ZATCA's rules, distinct from the standard 15% rate applied to most goods and services, and we flag which of a practice's revenue lines fall where rather than applying one blanket rate.

Working with Finbryn

Our delivery team reconciles payer and patient collections weekly and closes the practice's books on a fixed monthly cycle, with figures reviewed by a senior reviewer and a corporate CFO. Zakat and tax returns are prepared by our team and filed by the taxpayer or a licensed tax agent. Statutory audit, where a practice's structure requires one, is performed only by a SOCPA-licensed auditor; we prepare the audit-ready books that auditor works from. Pricing is published on our pricing page, and practices bringing books current after a gap start with a scoped catch-up project ahead of ongoing monthly bookkeeping.