You configure your private billing default due dates, late penalties, interest rates, and more, to align with your clinic's workflow. This article goes over the configuration done within Billing Settings. If you are configuring private billing, also consider these configurations outside of billing settings:

To perform this action, you must have the Billing Settings permission (See User permission options).

Steps

  1. From the main menu, navigate to Settings > Billing, and scroll down to Private Billing Settings.

  2. You can configure the following available fields;

Item

Description

Default Private Billing Currency

  1. From the list, select the currency.

📌 Note: You can change the currency type when creating the bill.

Due Date Period

Set the length of time before the invoice is due.

📌 Note: Period starting points are from the date of billing item creation.

  1. From the list, select a duration.

Penalty Calculation

Set a financial penalty for late payments.

  1. Type a dollar amount in the empty field.

  2. From the list, choose how often the penalty is applied (e.g. monthly). Due Date Period is used as the start date.

Interest Calculation

Set an interest rate for late payments.

  1. Type a percentage.

  2. From the list, choose how often the interest is applied (e.g daily or monthly). Due Date Period is used as the start date.

Last updated: August 10, 2022

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