In the Main Menu, click Tools, Aging.
Aging is automatically calculated when you open the Account Module, run the Repeating Charges tool (if checked), run Billing/Finance Charges and Billing, generate the Aging of Accounts Receivable (A/R) Report, or generate the Insurance Aging Report. By default, aging is calculated daily.
If you have opted in Account Module Preferences to have Aging calculated monthly instead of daily, you will need to manually update patient aging. Typically you will update near the beginning of the month.
Enter the Calculate as of date, then click OK. The default date will be one month after the last calculated date, but can be changed as needed.
Aging is calculated for each family as follows:
There are two preferences in Miscellaneous Setup that affect aging:
Monthly aging: There is an option in Account Module Preferences for Aging calculated monthly instead of daily. This is an old method that was retained for backwards compatibility. It is not recommended. If selected, you must manually update aging by running the aging tool (see below). Aging in a patient's Account will be based on the last calculated date. The last calculated date will also be the default in the Aging of A/R report, though can be changed.