Accounts receivable

Accounts receivable

A category that includes all production; data are entered for treatment rendered and payments received, and new balances are calculated

NSF check

A check returned unpaid to the payee because insufficient funds were available in the payer's account

Statement

A document that informs patients of their financial status with the dentist; it indicates the charges, payments, and balances on an account for the month just concluded

Receipt

A form given to the payer (patient) that acknowledges payment on an account

Accounts payable

All the dentist's financial obligations or money that the dentist owes (outgoing money)

Credit bureau

An organization that reports specific information about a person's previous payment habits on deferred payment plans

Adjustment

Alteration of an account balance as a result of courtesy discount, the return of a nonsufficient funds check, or a payment

Debit balance

An amount owed to the dentist for services rendered

Credit balance

An amount owed to the patient for services for which the dentist has been paid in advance but that have not yet been performed

Creditor

An institution or bunsiness that sends a bill to a person, agrees to an installment payment plan, accepts insurance payments, or arranges for a loan for payment

Previous balance

The amount on an account, whether credit or debit, before activity was posted to the account

Balance

The credit or debit amount on an account

Bookkeeping

The process or recording of financial transactions

Accounting

The recording, classifying, and summarizing of financial and business records, generally the taks of the accountant

Find

When searching for a patient record in financial software, which of the following commands might likely be used?

Del

Which of the following commands would you use in a computer software system to eliminate part of all of the data entry?

Locate

Which of the following commands would you use in a computer software system to find a patient, an account, or other data?

Add

Which of the following commands would you use in a coputer software system to enter data or create a new patient record?

Esc

Which of the following commands would you use in computer software when you wish to leave the screen?