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?