So using lovely Officemate, it seems I currently have two options to deal with my insurance mandated discounts... I can either "bill" them to the insurance, or I can "discount" it after applying insurance.
Right now we are inconsistent and I am not sure if there is a benefit to doing it one way or the other, except for consistency's sake.
With funded materials/services, the discounted amount gets written off when the funded portion is applied. However with CL Evals, discount only plans, etc, I have one optician that will discount them through the discount function, and another who bills it to insurance.
Part of me really likes the idea of knowing an exact amount a particular insurance affects our revenue. So the bill to insurance would be the preferable method to me, and that way I can say we only get a 30% on Davis, and be pretty darn close in that calculation.
However that is a lot of line item adjusting in Officemate, and there is that old saying "time is money!"
I know sometimes if can affect taxes, depending upon accounting method being used, and the accountant..
Thoughts?
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