We explain in detail how to book a rent or a retrocession on BILLY 🤓
Rent 🧱
This is a payment for the use of professional space. The amount of rent is fixed in advance.
👉🏻 For example, a doctor rents an office in a medical centre. He pays a fixed amount of €50 per half-day of use.
How is rent categorised?
If it is a cash outflow paid by the professional, the category is Rent paid (in the Expenses column ).
If it is an inflow of money received by the professional, the category is Rent received (in the Income column).
Retrocessions 👩⚕️
A retrocession is a type of rent paid by a healthcare professional to a colleague or to a facility. In exchange for this fee, the professional benefits from certain turnkey services: premises, equipment, secretarial services, reception, patients, etc
👉🏻 Example 1: a physiotherapist works in a hospital. The hospital manages the building, secretariat, patient base, payments, etc. The hospital pays 65% of the income received to the professional. This is known as 35% retrocession.
👉🏻 Example 2: A dentist works in a dental surgery. He collects the income from his patients. He pays a 40% commission to the practice for the services provided.
A contract therefore exists between the two professionals, setting out the percentage of the fee. This percentage is variable and depends on the service provided. It often varies between 25% and 50%.
👉🏻 For example, a surgeon or radiologist needs much more expensive equipment than a nurse.
How do you categorise a retrocession?
If it is a cash outflow paid by the professional, the category is Retrocession paid (in the Expenses column ).
If it's an inflow of money received by the professional, the category is a Benefit (in the Income column).
💡 Retrocessions paid = an expense that reduces your net revenue, which is included in account 1650 on your tax return.
💡 Retrocessions received = income that increases your turnover. This increases code 1650 on your tax return.
Summary of the differences between rent and retrocessions
Rent | Retrocessions | |
Amount | Fixed | Variable (percentage of revenue) |
Type of relationship | Lease agreement (rental) | Service agreement |
Services included | Generally none | Often several services included |
Independence | Full | Partial, with shared services |
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See you soon 👋