Days in A/R = Total A/R divided by the average billed amount per day over a given time period.
The Report Settings in System Settings determines the number of days per month to use for the Days in A/R calculation.
ARDAYS - NUMBER OF DAYS/MONTH - AVERAGE DAILY BILLING CALCULATION If set to Yes:
This is used to calculate the Average Day's Charges amount.
The setting approximates the number of days a practice sees Patients in a month.
The Default setting is Weekdays.
ARMONTHS - NUMBER OF MONTHS (LOOKBACK) - AVERAGE DAILY BILLING CALCULATION: This determines the number of past months the practice would like to use for the Days in A/R calculation. If set to Yes:
This is specifically used to calculate an Average Day's Charges amount.
The Default setting is 6.
DAYSINAR - INCLUDE DAYS IN A/R ON A/R MANAGEMENT AND A/R ANALYSIS: If Yes is chosen, an additional column is added to the A/R Management and A/R Analysis reports, displaying a calculated "Days in A/R". Days in A/R = Total A/R / The Average Charges for 1 Day.