abbrev&term
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| accounting equation | a formula used to analyxe each transaction
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| accural basis accounting | recording revenues when services are performed
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| cash basis accounting | recording revenues when cash is recieved
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| cycle billing | the medical office statements are equally divided and sent twice a month
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| daily journal | used to record original transaction in chronological order
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| day sheet | list of all transactional information for a given day
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| liabilities | the medical office debt or obligations
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| once a month billing | all patients statements are prepared once a month. at the same time
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| owner's equity | the right of the owners
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| patient ledger cards | the patients transaction information on one sheet or card
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| patient statement | document listing the amount the patient owes to the medical office
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| patients financial record | a series of accounts recorded on a patient ledger card
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| pegboard | a one write system where you enter the transaction a single time
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| posting | recording transactional information from a journal to the patient ledger
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| custom reports | reports that can be created, edited, and printed from medisoft
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| day sheet | a report that contains transaction detail,a charge and payment summary, an accounting summary, and an optical back deposit sheet
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| insuring aging report | a report that provides a breakdown of the insurance company balances and charges as current, or how many days they have been outstanding
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| patient aging report | a report that prints the patients outstanding charges not paid either. Current or the number of day's charges are current
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| patient ledger report | the patients transactional information, such as charges and payments
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| practice analysis report | a report that contains charges, payments and accounting summary
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