Create a Credit Balance with an Unapplied Account Credit
Create a Credit Balance with an Unapplied Account Credit
If an unapplied credit is never associated directly to a charge, you can apply an unapplied credit as an adjustment or a payment.
Create a transaction item for the encounter.
Select the Use Account Credit check box.
The Payer field displays Patient and creates an adjustment of $50 with the adjustment code of Applied Account Credit.
Note: After you select the Use Account Credit check box, the Adj Code field automatically displays a system-generated transaction code. You cannot change the code. This prevents balancing problems by generating a transaction code to offset the original transaction code.
The application creates another transaction of negative $50 with the transaction code Applied Account Debit and tracking description of Debit to Account for Usage of a Credit Balance.
The code appears from the selections made on the Transactions tab of the Practice Preferences window. To change, edit, add, or delete transaction codes, contact your system administrator.
To view the transaction, from the guarantor's account profile, access the Account Summary tab.
CAUTION:
The offsetting transaction record that generates cannot be modified. When you delete one offsetting transaction, then all transactions in the set are deleted.
