Transactions: Professional Billing Flashcards
In PB, what is the fundamental unit of AR and drives the majority of reporting?
The transaction.
Aug. 2021, 3.3
Is matching unique to PB?
Yes.
Aug. 2021, 3.3
What allows payments from guarantors and insurance companies to be connected to the providers who performed the services?
Matching
Aug. 2021, 3.3
Why is it good practice to check the documentation about a Clarity column before you decide to use it in a report?
Clarity column names don’t always fully explain what they contain.
Don’t assume that you know what a column does.
(Aug. 2021, 3.5-6)
What does the ETR master file use to track changes to transactions?
Details, not contacts, track the events that modify transactions.
(Aug. 2021, 3.7)
What does the “TDL” in CLARITY_TDL_TRAN stand for?
TDL = transaction detail line
Aug. 2021, 3.7
What do detail types tell?
The full story of what happens to PB transactions.
Aug. 2021, 3.7
What do new PB posts refer to in Chronicles?
New ETR records (will always have new transaction IDs)
Aug. 2021, 3.7
What do detail types represent?
As new rows are added to the table, they represent either:
- Newly posted transactions
- Modifications and actions taken on previously posted transactions
(Aug. 2021, 3.7)
What do details types 10 and up (10s - 60s) represent?
A modification or an action.
Aug. 2021, 3.8
What detail types inherit values from its original posting?
Detail types 10 and up (10s - 60s)
Aug. 2021, 3.8
List the detail types for original posts?
Detail types 1-6
- New Charge
- New Payment
- New Debit Adjustment
- New Credit Adjustment
- Payment Reversal
- Credit Adjustment Reversal
(Aug. 2021, 3.8)
Define voids.
Undo transactions.
Voids:
• are not new transactions
• will inherit transaction IDs from the transaction they modify
(Aug. 2021, 3.8)
List the detail types for voids?
10s • 10 - Void Charge • 11 - Void Payment • 12 - Void Debit Adjustment • 13 - Void Credit Adjustment
(Aug. 2021, 3.8)
When can debit transactions be voided?
At any time.
(Debit transaction = charge)
(Aug. 2021, 3.9)