The day close: twenty minutes that settle every argument
The day close is the most valuable twenty minutes in a pharmacy and the first thing to be skipped when the shop is busy. It is also the only routine that makes...
Six short pieces on the parts of running a pharmacy that cost money quietly: batches, stock, records, credit and the day close.
These are working notes rather than law. Each one describes a routine a shop runs every day and what usually goes wrong in it, written so you could follow it with a notebook and a pen if you wanted to.
What you will not find is a page telling you what a regulation requires. Rules change, they change differently for different shapes of shop, and a confident paragraph on the internet is the worst possible place to learn one. Where a rule matters we say which record to keep rather than what the rule says — keeping the record is the part that is the same either way.
The day close is the most valuable twenty minutes in a pharmacy and the first thing to be skipped when the shop is busy. It is also the only routine that makes...
This is about record-keeping, not about tax. What a shop owes and which scheme it falls under are questions for whoever prepares your returns, and the answers c...
Almost every pharmacy sells on credit, and almost none of them decided to. It starts with the doctor next door and the family three houses down, and within a ye...
Ask an owner how much stock is in the shop and you will get a number. Ask how much of it will still be sellable in three months and the answer changes shape: a...
Most pharmacies do not have a stock problem. They have a visibility problem that turns into a stock problem twice a year, usually at the end of a month when the...
Every shop that moves off paper is afraid of the same week: the one where the register has been abandoned, the computer is not trusted yet, and nobody can answe...