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Mops terms 1

The total amount of money owed for service rendered. Accounts Receivable
An analysis of accounts receivable indicating 60,90, and 120 days delinquency. Aging Accounts
The money owed on an account. Account Balance
The state of being legally unable to pay one's debts; destitution. Bankruptcy
A statement of fees owed for services rendered. Bill
An obligation of an insurance company or bonding agency to protect an employer against financial loss caused by the acts of ommission of employees. Bonding
Fees for professional services rendered. Charging.
A transaction or fee slip completed by a physician at the time a patient receives medical treatment Charge slip/Transaction slip
A written order to pay a sum of money;the most common form of money exchange other than cash. Check
Any possession, such as automobile,furniture,stock, or bonds,etc., that secures the discharge of an obligation. Collateral
The proportion of money that is owed to money that is collected on account receivable. Collection rate
An entry on an account constituting an addition to a revenue, net worth or liability account; the balance in a person's favor in an account. Credit
Sending itemized statement on the basis of an alphabetical break-down to portions of the accounts receivable at certain times of the month. Cycle billing
An entry on an account constituting an addition to an expense or asset account or a deduction from a revenue, a net worth, or a liability account. Debit
Created by: stevek