Payment posting and reconciliation
Payments posted and matched to the deposit, so your books agree with the bank.
We post what the payers paid and tie every deposit back to the remittance behind it, day by day and month by month.
How we do it
The same steps, every time.
- 1
We collect the day’s remittances: electronic, portal and paper.
- 2
We match each deposit to its remittance.
- 3
We check that each deposit balances: the bank amount equals the claim payments, plus or minus the payer’s adjustments.
- 4
Each day is closed by one person and approved by another.
- 5
Each month is closed when collections agree with the bank.
What you approve
Write-offs on an associate dentist’s production are always approved by the owner dentist.
What we measure for you
- Deposits matched to remittances
- Deposits still waiting for a match
Questions
About payment posting and reconciliation
Do you need access to our bank?
No. By default you send us your bank statements. A read-only bank login is used only if you offer one.
Pricing confirmed on your audit call.
See where your insurance money is stuck. Free.
Start with a free insurance AR audit, or book a call and ask us anything.