Helpful Guide - Credit vs. Debit List – MacPractice HelpDesk

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

Comments