Hi Guys,
For national accounts in GP, is there a way to apply cash receipts from a "child" to a receivable setup under a "parent" account.
I work for a large medical practice, and I'd love to setup one parent account for all our insurance companies and then apply payments from the children (the individual insurance companies) to a receivable setup under the parent's account. It's not worth the effort of trying to track receivables by insurance company - we have a separate billing system which does just that. Moreover, the charges billed to an insurance company are never paid at 100% so it's very difficult to get an accurate AR balance.
I realize most companies just use their patient billing system to track cash receipts by customer. Unfortunately our system is very limited in this respect so I'm trying to compensate by increasing the detail available in GP. Any advice would be most welcome.
If national accounts aren't an option, what would you recommend?
Thanks!
Anna