Covetrus provides several reports to vRxPro® partner practices to help reconcile transactions, categorize sales, and track business growth. These reports can be accessed by users with Reporting permissions and appear by the 10th business day of each month.
Please speak to a qualified tax professional if you are seeking advice about your specific business or tax circumstances. Covetrus® does not provide professional accounting services.
Looking for assistance analyzing your monthly reports or optimizing your workflows and processes for growth? Contact your Veterinary Relationship Manager for a complimentary Account Review.
Transaction Detail
The Transaction Detail Report is published both monthly and annually and showcases a breakdown of client charges, practice costs, and resulting profit for the given period. This report will align with the deposit amounts you see in your account.
Learn more about the Transaction Detail Report.
Sales Tax
The Sales Tax Report is published monthly and quarterly and includes a summary of total sales and taxes by jurisdiction. As Marketplace Facilitator, Covetrus is responsible for remitting sales tax for all vRxPro transactions. Reporting will be available to meet practices' needs, but practices SHOULD NOT remit sales tax collected from pet owners through the vRxPro/GreatPetRx storefront.
Note: If your practice was previously the merchant of record on our legacy storefront, you are still responsible for remitting sales tax collected on orders placed prior to the date of upgrade to vRxPro.
Learn more about Sales Tax Collection, Remittance, and Reporting.
Revenue by Veterinarian
The Revenue by Veterinarian Report is published monthly and breaks out total sales for the period by the authorizing veterinarian listed on the prescription or authorization.
AAHA
The AAHA Code Category Report is published monthly and provides a summary of product sales in accordance with the standard category designations in the AAHA/VMG Chart of Accounts.
Learn more about the AAHA Code Category Report.
Performance
The Performance Report is published monthly and provides several views of how the store is performing over time. This report is most useful for tracking the growth and progress of online retail revenues.
Learn more about the Performance Report.
Form 1099-K
A 1099-K will be issued annually to all practices with at least a $20,000 gross transaction amount AND 200 transactions. Practices with vRxPro that activity falling under either of these thresholds WILL NOT receive a 1099-K related to activity on vRxPro.
Please note that this form will not be available through the online portal but is instead sent via US Mail to the address of the practice on file with Covetrus. The mailing will be completed prior to the January 31st deadline.