Loading...
Loading...
You can use the following list of options and descriptions to make settings on the Reversals and Corrections tab in your Remittance Profile.
| Option | Description |
|---|---|
| Reversals and Corrections These options define business rules for ERA reversal and correction transactions imported into NextGen® Enterprise PM. | |
| Do not post adjustments that increase the balance (negative adjustments) | Prevents negative adjustments that will increase a balance from being posted and added to the batch when the ERA file is processed. They display on the ERA Import Posting report as “Not Posted”. This allows you to follow-up to ensure the adjustment amounts are correct. |
| Do not post reversals (negative payments) | Prevents negative payments that will increase a balance from being posted and added to the batch when the ERA file is processed. They display on the ERA Import Posting report as “Not Posted”. This allows you to follow-up to ensure the payment amounts are correct. |
| Force line item credit balances from a corrected payment | Determines whether reversal or correction payment transactions that will create line item credit (negative) balances should be posted and added to the batch when the ERA file is processed. If enabled, then a reversal/correction payment transaction that results in a line item credit balance will be posted. It displays on the ERA Import Posting report as "Line Item Successfully Posted". If not enabled, then a reversal/correction payment transaction that results in a line item credit balance will not be posted. It displays on the ERA Import Posting report as “Line Item Not Posted due to a reversals and corrections setting”. |
| Write off balance resulting from either Overpayment or Underpayment These options define business rules for writing off balances resulting from ERA reversal and correction transactions imported into NextGen® Enterprise PM. | |
| If corrected payment results in a negative balance (-) | Writes-off a negative (credit) line item balance that was created by a reversal/correction payment transaction. The balance will be adjusted to $0.00. |
| Transaction Code | If allowing negative balances created by reversal/correction payment transactions to be adjusted to $0.00, select the third-party Transaction Code to be used. If a transaction code is not selected, then the code defined in the Write Off Remaining Payer Balance field in will be used. |
| If corrected payment results in a positive balance (+) | Writes-off a positive (debit) line item balance that was created by a reversal/correction payment transaction. The balance will be adjusted to $0.00. |
| Transaction Code | If allowing positive balances created by reversal/correction payment transactions to be adjusted to $0.00, select the third-party Transaction Code to be used. If a transaction code is not selected, then the code defined in the Write Off Remaining Payer Balance field in will be used. |
| Set transaction status to 'NONE' for non-zero balances | Sets the Transaction Status on line items with a non-zero balance (positive or negative) that was created from a reversal/correction payment transaction to None. This keeps the balance with the current payer from which the reversal/correction payment was received. |