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Q: If payments and adjustments listed on a remittance advice were not posted and applied to patient and accounts what would the consequence be?
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How do you get a remittance?

There are a number of way to get a remittance payment. The policies for receiving this payment vary from company to company, and you should speak with your bank on how they handle remittance payments.


What do remittance processors do?

Remittance processors are like payment service providers. Their end goal is to process or channelize payments. This can be done in three way: Straight Through Processing, Remitter Processing or Beneficiary Processing. They essentially take payments in or out (via cash or cheque, credit/debit card, direct bank deposit) etc and process the remittance payments.


What is remittance company?

A remittance company is usually a licensed company that is authorised to do a cross-border money transfer (for purposes of remittance payments). These are usually MSBs (Money Service Businesses) or Exchange Companies. Nomenclature can vary from country to country. Industry classification is usually MSB, Remittance company, MTO, or Exchange Companies. Example of remittance companies are Xoom.com, Western Union, RIA Financial, MoneyGram, etc.


What is a patient ledger card?

Ledger card will track accounts receivables for each doctor when multiple doctors treat the same patient .Complete transaction audit trail when adjusting payments or services, producing added security for receivables.you can quickly and easily review the services that have been provided to a patient, bills sent, payments received and adjustments made to the account. You can also enter payments or adjustments, sum patient/insurance services, print a copy of the ledger, review current and aged balances, and more.


What are the three major accounts of balance payments?

3 major accounts in balance of payments :accounts dealing with goods, services and incomeaccounts recording gifts or unilateral transfersaccounts dealing with financial claims


A report that lists charges payments and adjustments during a day is known as?

a day sheet.


What is an unintended consequence of an automobile?

Car payments and insurance coverage, to name two.


Do company payments decrease accounts payable?

yes.


What can one do with an accounts payable clerk?

An accounts payable clerk is a position where one works in a specific division of an accounting department. An accounts payable clerk is the one that is responsible for making payments on behalf of the company one works for in order for payments to be made on time.


What are the main summary statements of the balance of payments accounts and what do they measure?

you suck


What does the accounts payable department do?

The accounts payable is part of a company's accounting department. Accounts payable makes payments to outside firms that supplies it with a service or product.


What is the most likely consequence of a cardholder making two consecutive late payments?

penalty APR - Plato Answer