Entering post-dated cheques

You can use the Post-Dated Cheque feature to enter cheques today but not post them to the Ledger until they come due. You can enter a single cheque or a series of cheques.

To enter a post-dated cheque

1.   With a patient selected in the Ledger, click Transaction, and then click Post-Dated Cheques.

The Post-Dated Cheques dialog box appears.

2.   Click New.

The New Cheque dialog box appears.

3.   Do the following:

·        Occurrence Rate – Select one of the following options based on how often the selected patient will pay with a post-dated cheque:

·        Once (Default) – Payment is one time.

·        Weekly – Payment is every week.

·        Bi-Weekly – Payment is every two weeks.

·        Semi-Monthly – Payment is twice a month.

·        Monthly – Payment is once a month.

·        Count – Set the number of times you will receive a post-dated cheque based on the Occurrence Rate.

·        Date – Refers to the cheque's date, or the start date if the patient will be submitting several post-dated cheques. The default is the current system date, but you can change the date as necessary.

·        Amount – Type the amount of the cheque.

·        Cheque # – Type the cheque number.

·        Bank/Branch # – Type the bank or branch number.

·        Provider – Select Split By Provider (default) to split any payments among providers, or select a provider from the list.

·        Patient – Select a family member from the list, or select Split By Family Members to split the payment among family members.

·        Split Method – Select one of the following from the list:

·        Guarantor Estimate – (Default) Applies the payment to providers who have balances as guarantor estimates and ignores provider balances that Dentrix estimates insurance will pay the remainder of.

·        Percentage Payments – Divides the payment among the providers according to the provider’s percentage of the total amount owed.

·        FIFO (First In First Out) – Applies the payment toward the oldest completed procedures first.

·        Equal Payments – Splits payment amounts equally among all providers with debit balances.

4.   Select a payment type from the list.

5.   To apply the cheque to a payment agreement, select Apply to Payment Agreement.

6.   To save the post-dated cheque, click OK.

The post-dated cheque entries for a series are generated automatically. Once you have generated these entries, you can edit them as needed (for example, if a cheque number is out of sequence or if the amounts on all the cheques in the series are not the same).