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How To Articles

In Transactions

Credit Write Off – CWO

A Credit Write Off is used when there is a credit balance (that is not held) on an account, usually for a small amount, and you need to clear it. (Usually credits from over-payments due to fee schedule differences) Credits are applied to a treatment or claim, held credits are…
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In Transactions

Bulk Insurance Debit – BID

The Bulk Insurance Debit adjustment is only used when you get a negative amount on a bulk insurance cheque. (ie. the insurance company is taking money back). This adjustment WILL affect your deposit if your bulk cheque was entered today. This adjustment reverses a portion of a bulk, or a full bulk…
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In Transactions

Transfer Balance Owing – TB

This article will guide you through transferring a balance owing from the patient to the insurance. Navigate to the Transaction module section. Select the Adjustments tab. Select the New button on the right hand side. In the adjustments form, fill in: Adjustment Type: Patient Balance: Transfer Code: TB Desc: Provide…
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In Best Practices

Selling or Buying an Existing Practice

Are you selling your practice or buying an existing practice? We have found that when a practice has been bought or sold, information that may make the transition go smoothly has either been overlooked or forgotten when it comes to the production and collections figures of the practice. The following…
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In Best Practices

Wrapping Up The Year

Year end is fast approaching, in order to keep your Power Practice software running at its optimal level please consider the following suggestions: Statements Change the comments for November and December to reflect your holiday hours and remind patients to pay off the balance of the account prior to year…
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