Calculate Net Production and Net Collections

Accountant asking for net figures? No problem!

Get started by going to Reports > Production/Collections. The figures below are based on the example Production/Collections report for Dr. Eugenio Martins:

Net Figure Calculations:

Net Production

$51,580.00    Gross Production

+500.00     Add [+] Contract Adj

-125.00     Subtract [-] Contract Adj

-310.00     Subtract [-] Adj (Discounts given)

$51,645.00    Net Production

Net Collections (Payments)

$13,508.54    Gross Collections (Included is the below $125.00 originally collected.)

-125.00     Subtract the [+] Adj (Declined CC, no funds collected.)

$13,383.54    Net Collections

Net Fees (Charges)

$18,204.21    Gross Fees (Included is the below 310.00 discount originally charged.)

-310.00     Subtract the [-]Adj (Discounts given)

$17,894.21    Net Fees