Most small dental offices use cash basis Accounting rather than accrual basis accounting. This page is an attempt to discuss how to use Open Dental in an accrual basis accounting scenario.
- In Global Security Settings, use the lock date feature to 'close out' each month.
- After locking, run monthly reports. Never unlock to make historical changes.
- PPO writeoffs: See Report Setup: Misc Settings , where it discusses the option for "Default to using Proc Date for PPO writeoffs". Use method 2 (insurance payment date) to avoid changing history.
To keep track of prepayments, see Unearned / Prepayment .
Also see the Unearned Allocation Report.