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Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127

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BuyFindarrow_forward

Accounting Information Systems

11th Edition
Ulric J. Gelinas + 3 others
ISBN: 9781337552127
Textbook Problem

What is a remittance advice (RA)?

Summary Introduction

To explain: A Remittance advice (RA).

Introduction:

B/AR/CR process:

It is an accounting process with an interacting structure of different process supporting the decision-making activities of the financial managers.

Explanation

Remittance advice (RA):

It is a document issued by the insurance payer which contains details about the payment, denial, delay or the uncovered charges of a medical claim. The advice also contains the Medicare and Medicaid payments. It is usually referred to as an explanation of payment by various other insurance payers...

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