The Transaction Ledger serves as a centralized hub that records all financial transactions within TiQ. This guide is designed to provide you with a clear and in-depth understanding of two crucial components that play a pivotal role in the financial aspect of your practice.

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From the Navigation Bar select Reporting IQ to open the Ledger

Manual ledger Entries can be added to the ledger if a payment is received outside of the Therapy iQ system

To filter the report select the Filter button

‍Note: These filters are historical and are based on the data existing within the ledger, not necessarily the settings within your practice or the client's profile.

You can filter the ledger by:

- Service Date

- Rendering Provider

- Service Type

- Service Location

- Payment Type

- Insurance Company

- Payment Date

You can also search specific items on the ledger by using the search bar

Export the ledger in an xlsx file type by selecting the Export button

Note: Any filters or data selector applied will also be applied to the ledger export.

The Data Selector button can be used if you would like to add or remove specific column on the ledger

You can add/remove the following columns on the ledger:

- Provider

- Supervising Provider

- Service Type

- Service Location

-Service Code

-Payment Date

- Payment Type

- Check/Reference Number

- Insurance Company

- Client Service Fee

- Client Invoice

- Client Payment

- Client Refund

- Insurance Payment

- Adjustment

- Total Service Balance

- Date of Birth

- Insurance ID Number

Glossary

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Client Name

The client associated with the appointment

Service Date:

The date of service associated with the transaction

Rendering Provider:

The provider that has signed clinical documentation associated with this service.

Note: in the event there is a supervisor and provider listed on documentation, the supervisor will present here.

Service Type:

This is the classification of the service that was provided, associated with this transaction.

Service Location:

The location that the payment was associated with when being collected. Telehealth, in-person etc

Date of Invoice:

The date that this transaction was recorded to the ledger.

Insurance Company:

Lists the name of the insurance company listed in the clients account

Client Service Fee:

The fee the client is responsible for paying for the service

Client Invoice:

The amount the client has been invoiced directly for their payment

Client Payment:

The amount that the client has paid towards their invoice

Client Refund:

The amount of client payment that has been refunded

Insurance Payment:

The amount (in total) that insurance providers have paid towards this service

Adjustment:

The amount that has been adjusted towards the total service balance.

Note: An adjustment will not close a client invoice, the invoice must be settled to close out an active client invoice

Total Service Balance:

The total balance of this transaction. Clients will ultimately be responsible for this balance until all payments are collected or a adjustment has taken place to bring this balance to $0.00

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