Chapter 63 Key Terms: Financial Management in the Dental Office

A system designed to maintain the financial records of a business

A fee that is within the range of the usual fee charged for the service

Coordinating insurance coverage between two insurance carriers

An itemized memorandum of funds to be deposited into the bank

Publication that lists the procedure codes of dental services for the processing of insurance

A financial statement that maintains all account transactions

A fee that is considered justified for an extensive or complex treatment

Person who has agreed to pay for services or for an account

The person or business, named on the check as the recipient of the amount shown

A written indication of any balance due on an account, given to a patient at the end of Apt

An itemized list of goods that specifies the prices and terms of sale

Gross income minus expenses

A limited amount of cash that is kept on hand for small daily expenses

An itemized listing of shipped goods

The total of all professional income received

The insurance company that pays the claims and collects premiums

Expenses and disbursements paid out from a business