Scroll

Credit vs. Debit List

DEBITS CREDITS INCIDENTALS
Charges (Procedures)
Shows in Production reports Prints on claims
Applied Patient Payments Shows in Receipts reports and the Deposit slip
Claims
Required to post insurance paymentsStatus; may affect Patient/Insurance Portion

Positive Adjustments
Must be tied to a charge Does not count toward Production

Applied Insurance Payments
Shows in Receipts reports and the Deposit slip; can be posted in bulk May accompany write-offs, but must be tied to a claim

Comments
May appear on statements; can be tied to transactions
Refunds
Must be done from an existing payment

Unapplied Payments
Shows in Gross receipts, but not Earned receipts; counts toward Gross A/R but not Net A/R

Statements
Can be created from the ledger or Statements Manager.

Reversals
Used to reverse a NSF payment; must be done from an existing payment.

Negative Adjustments
Does not count toward Receipts and does not show on the Deposit slip

Print Insurance Tracer
Must be tied to an insurance claim

Finance Charges
Must be created by printing a statement through Statement Manager; will only show on the Account Ledger

Insurance Write-Offs
Must be posted as part of an Insurance payment; does not count toward Receipts and does not show on the Deposit slip
 
 
Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments