Running the Payment Plan Report

The Payment Plan report generates a list of credit card payment plan information, including a summary of the outstanding payment plan balance, the number of payments due, and the average monthly income generated from payment plan payments.

Sample Report

To generate the Payment Plan report:

Select Reports > Accounting > Budget Plan Reports > Payment Plans. The Output Options window is displayed.
Select the output option and click OK. The Payment Plan Report Setup window is displayed.
Select an option:

To restrict the report results to a specific account user code:To restrict the report results to a specific account user code:Type the code in the Include field.
To exclude a specific account user code:To exclude a specific account user code:Type the code in the Exclude field.
To restrict the report results to a specific set of accounts:To restrict the report results to a specific set of accounts:Select the starting and ending account numbers from the drop-down lists.
To include inactive accounts in the report:To include inactive accounts in the report:Select Include Inactive Accts.
To restrict the report results to a specific patient user code:To restrict the report results to a specific patient user code:Type the code in the Include field.
To exclude a specific patient user code:To exclude a specific patient user code:Type the code in the Exclude field.
To restrict the report results to a specific set of patients:To restrict the report results to a specific set of patients:Select the starting and ending patient numbers from the drop-down lists.
To include inactive patients in the report:To include inactive patients in the report: Select Include Inactive Pats.

Click OK. The Payment Plan Report is displayed.

The Payment Plan report contains information similar to that of the Account Budget Plan report. The last page of the Payment Plan report is a summary report.

The following sections of the summary report might require some explanation:

Outstanding Balance on Payment Plans:Outstanding Balance on Payment Plans:The sum of the balance (Amount Financed - Amount Paid) of all active payment plans.
No. of Payments:No. of Payments:The sum of the payments remaining of all active payment plans.
Average Monthly Income:Average Monthly Income:The Outstanding Balance on Payment Plans amount divided by the No. of Payments.

The totals for Month 1, Month 2, and so on, will be the sum of each payment for that month for all active payment plans. Example:Example:If two payment plans are active and one payment plan has 10 payments for $50.00 and the other has six payments for $30, then Months 1-6 will have an amount of $80 ($50 + $30). Months 7-10 will have an amount of $50, and months 11 and 12 will have an amount of $0.