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PAR Report- Aged Receivables

This topic contains 3 replies, has 2 voices, and was last updated by Profile photo of Dayna Johnson - founder and CEO of Novonee Dayna Johnson – founder and CEO of Novonee 1 week, 3 days ago.

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  • #1450
    Profile photo of Penny Reed
    Penny Reed
    Participant

    We are curious where the aged receivables numbers come from for the PAR (Practice Advisory Report). For one of our clients, we have run an Aged Receivable report and compared it to the PAR AR section. The reports were not run the same day so it makes sense that some of the numbers may vary slightly however in this case the over 90 is over 100,000 higher on the PAR.

    It may be worth mentioning that this provider does do ortho and have payment plans set up. Does this report generally include payment plans or old AR/collections?

    #1451

    Great question and I get this a lot. The Practice Advisor Report does not care about month end so the aging on the PAR could be completely different than the Aging Report. The PAR looks at the true date of service and the Aging Report looks at the aging categories based on when the month end process was run.

    Go to the Ledger > Month End > Month End Update and check what the month and year is in this window. It could be that they are behind on running month end.

    #1457
    Profile photo of Penny Reed
    Penny Reed
    Participant

    Thank you for clarifying that.

    Can you confirm if the PAR Report also include credit balances?

    #1458

    Yes, it includes credit balanaces.

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