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To track accounts receivables for each doctor when multiple doctors treat the same patients.
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∙ 11y ago
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What is a financial accounting record that is maintained for each patient who receives proffessional services?
It is called a Ledger.
What is special ledger?
A special ledger is used for reporting purposes. It receives data from all modules and summarizes data for user defined reporting purpose.
Why a cashbook is called Journalised ledger?
Cash book is a journal because the transactions are recorded in it for the first time from the source of document and from journal these transactions are posted to the respective account in the ledger. We can say cash book is a ledger also in the sense that it serves the purpose of cash account also.As such cash book is journal as well as ledger, and hence it may call journalised ledger.
What is a patient ledger card?
Ledger card will track accounts receivables for each doctor when multiple doctors treat the same patient .Complete transaction audit trail when adjusting payments or services, producing added security for receivables.you can quickly and easily review the services that have been provided to a patient, bills sent, payments received and adjustments made to the account. You can also enter payments or adjustments, sum patient/insurance services, print a copy of the ledger, review current and aged balances, and more.
What is the purpose of preparing a Control Account?
They check the accuracy of the ledger accounts that they control and help to detect fraud.
What is the purpose of patient ledger cards and encounter forms?
This helps to keep patient payments up to date. The ledger shows the date the patient was billed and how much they paid.
What is the purpose of the general ledger?
what is the purpose of the ledger?
What purpose does a subsidiary ledger serve?
A subsidiary ledger contains the details to support a general ledger control account. A subsidiary ledger records all the detailed data for any general ledger account that has many individual subaccounts. What are some commonly used subsidiary ledgers? accounts receivable inventory accounts payable
What is a financial accounting record that is maintained for each patient who receives proffessional services?
It is called a Ledger.
What is special ledger?
A special ledger is used for reporting purposes. It receives data from all modules and summarizes data for user defined reporting purpose.
Why a cashbook is called Journalised ledger?
Cash book is a journal because the transactions are recorded in it for the first time from the source of document and from journal these transactions are posted to the respective account in the ledger. We can say cash book is a ledger also in the sense that it serves the purpose of cash account also.As such cash book is journal as well as ledger, and hence it may call journalised ledger.
What is a patient ledger card?
Ledger card will track accounts receivables for each doctor when multiple doctors treat the same patient .Complete transaction audit trail when adjusting payments or services, producing added security for receivables.you can quickly and easily review the services that have been provided to a patient, bills sent, payments received and adjustments made to the account. You can also enter payments or adjustments, sum patient/insurance services, print a copy of the ledger, review current and aged balances, and more.
What is the purpose of preparing a Control Account?
They check the accuracy of the ledger accounts that they control and help to detect fraud.
What is the purpose of patient encounter forms?
To save time
What does a pegboard system look like for a medical office?
A pegboard system can be used in a medical office without computer software to allow balancing of patient charges, insurance and patient payments, and any adjustments on a daily basis. A master ledger card is used per patient or patient family and used when charging for services or posting payments for which a patient might need a receipt. The master ledger then can be copied for patient statement purposes. The day sheet is the copy which has all the enteries on it and can be used for historical backup purposes. Shelley Lake Artus Medical Receivables Mangement, Inc. Royal Oak MI 48067
What are 5 types of subsidiary ledgers?
accounts receivable ledger, accounts payable ledger, notes receivable ledger, notes payable ledger and equipment subsidiary ledger
What is difference between Nominal Ledger general ledger?
General ledger is just another name given to nominal ledger. Nominal ledger is a ledger that maintains impersonal accounts like sale , purchase, capital etc.
