TERMINOLOGY
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 ANALYZE EACH TRANSACTION
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| ACCRUAL BASIS ACCOUNTING | RECORDING REVENUE WHEN SERVICES ARE PERFORMED
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| CASH BASIS ACCOUNTING | RECORDING REVENUE WHEN CASH/PAYMENT IS RECEIVED
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| CYCLE BILLING | MEDICAL OFFICE STATEMENTS ARE EQUALLY DIVIDED AND SENT TWICE A MONTH
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| DAILY JOURNAL | USED TO RECORD ORIGINAL TRANSACTIONS IN CHRONOLOGICAL ORDER
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| DAY SHEET | (LIST OF ALL TRANSACTIONAL INFORMATION FOR A GIVEN DAY) A REPORT THAT CONTAINS TRANSACTION DETAIL,A CHARGE AND PAYMENT SUMMARY,AN ACCOUNTING SUMMARY,AND AN OPTIONAL BANK DEPOSIT SHEET
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| LIABILITIES | MEDICAL OFFICE DEBT OR OBLIGATION
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| ONCE A MONTH BILLING | SYSTEM IN WHICH ALL PATIENT STATEMENTS ARE PREPARED ONCE A MONTH AT THE SAME TIME
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| OWNERS' 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 STATEMENTS | DOCUMENT THAT SHOWS THE AMOUNT A 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 THE 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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| INSURING AGING REPORTS | PRINTOUT THAT SHOWS UNPAID CHARGES AS CURRENT OR DELINQUINT BASED ON THE NUMBER OF DAYS THEY HAVE AGED
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| PATIENT AGING REPORTS | A REPORT THAT PRINTS THE PATIENTS OUTSTANDING CHARGES NOT PAID AS EITHER CURRENT OR THE NUMBER OF DAYS CHARGES ARE CURRENT
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| PATIENT LEDGER REPORT | THE PATIENT TRANACTIONAL INFORMATION SUCH AS CHARGES AND PAYMENTS
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| PRACTICE ANALYSIS REPORT | A REPORT THAT CONTAINS CHARGES,PAYMENTS,AND AN ACCOUNTING SUMMARY
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To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
reginacamarena
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