Sections in a Hospital Sales Report.

There exist multiple variants of comprehensive hospital sales reports, each encompassing identical sections.

Header Section

In its default configuration, this section features prominent, bold text that spells out the company’s name and address. There is a system setting which when toggled replaces the default text with a pre-selected image in the header. This header image can either span the full width across the top of each page or be displayed with a limited width within the same section on each page.

Title Section

This section signifies the report type and the time frame it encompasses.

Assets Summary Table

This section lists all unique General ledger accounts, classified as Assets, whose balances were increased during the different sales transactions included in that particular report.

Consider a sales report which lists transactions in which the total Cash received was USD $200.00. In such a report, the Assets Summary table would include a row corresponding to the increase in USD cash, which is an asset. This asset would be labelled as [ 11110 ] - Cash (USD). The number 11110, enclosed in square brackets, represents the system account number for the Cash (USD) general ledger account. Every general ledger account has a unique account number.

Besides cash and bank account general ledger accounts (which we have already established as assets), another type of asset that is subject to increase during sales is accounts receivables (abbreviated as AR). These debts are assets because they have probably future benefit to the company when the debtor finally honors them and pays. PaperlessIn dividesthe chart of accounts, accounts receivables intohas 4 mainchild sections:accounts, with each representing a different type of debtor:

• Corporates (AR) - There are accounts receivables in which the debtors are corporates (i.e.for other businesses).businesses.
• CorporatesCustomers (AR) - There are accounts receivables in which the debtors are individual customers.
• Patients (AR) - There are accounts receivables in which the debtors are individual patients.. For an explanation on the differences'differences between customers and patients, click here.
• Medical aid societies (AR)

Medical aid societies (AR) - These are medical aid societies. For this type of AR they areis subdivided into the separate30+ different medical aid societies.societies Atoperating in the timehealthcare sector. Since medical aid claims are a major source of writingrevenue for medical practices, most reports printed will feature one or more medical aid societies in the assets summary table.

Another type of transaction included inConsider a sales report iswhich claims.lists Eachtransactions medicalin aidwhich societyseveral groupclaims hasfrom adifferent specificCimas generalpatients ledgerwhere account.served. For each medical aid society,Suppose the total amountclaim ofamoun claimsacross the different Cimas patients is presentedUSD as$100.00 (for premium cimas policies) plus and additional ZIG $4440.00 (for not so premium cimas patients treated within the same period. In such a row incase the Assets Summary table.Table Forwould instance,have onetwo mightseparate seerows aeach rowcorresponding labeledto the AR asset [ 11330.09 ] - (AR) Cimas. ARLike standsany forother Accounts Receivable, which are assets that are neither cash nor bank transfers, but rather are debts accrued and payable to the practice in due course. In addition to AR accounts for medical aid societies, there is an AR account for Patients and a separate AR account for Corporates. Each rowasset in the Assetsasset Summarysummary table sectionthe correspondscimas toasset has a unique Generalaccount Ledgernumber, Account.which is 11330.09. In one of the rows corresponding to Cimas the asset appreciation amount of USD $100.00 would be displayed, while in the other row the ZIG $4440.00 appreciation amount would be shown.

Events Table

This table enumerates the various events recorded within the specified time range. Events encompass consultations, billable items, and any discounts associated with those transactions. These events are listed chronologically based on the different transactions executed during the time period.

Each section of the report fulfills a specific purpose, and collectively, they offer a comprehensive overview of hospital sales transactions and asset appreciation during the specified week. This detailed breakdown facilitates a clear and concise understanding of the financial transactions related to hospital operations over this period.