Fix the Data Before You Fix the Practice

In this episode of FlightPlan: Quick Consults, a panel featuring the CEO of VetBooks, a CPA, and a veterinary operations leader discusses common sources of inaccuracy in veterinary P&Ls—from misclassified expenses and incorrectly coded services and inventory to using the wrong accounting method. They explain how these issues can quietly undermine decision-making.The conversation also explores where practices should start when cleaning up their financials, including building a clean monthly income statement, aligning systems with the VMG/AAHA chart of accounts, and clearly defining the purpose behind the work. Because before you fix the practice, you have to fix the data.Host: Brenda Tassava Medina, CVPM, CVJ, MVLCEPanelists:Martin Traub-Werner, CEO at VetBooksShona Andryszak, LVT, CCFP, SHRM-CP, Director of Support at Encore Vet GroupBeth Scott, CPA, Partner at Katz, Sapper & MillerResources Discussed:VMG AAHA Chart of Accounts - https://www.myvmg.com/knowledge-center/aaha-vmg-chart-of-accounts/Thanks for listening!Website: https://encorevet.com/Facebook: https://www.facebook.com/encoreveterinaryconsultingInstagram: @encorevetconsultingLinkedin: https://www.linkedin.com/company/encore-veterinary-consulting