The DPO should reasonably relate to average credit payment terms stated in the number of days until the payment is due and any discount rate offered for early payment. When cash is used to pay an invoice, that cash cannot be used for some other purpose. Rho provides a fully automated AP process, including purchase […]

Understanding these terms, especially when starting a health care practice, can help health care providers better manage their finances and ensure accuracy in their financial statements. Health care accounting is a form of accounting that focuses on the finances of health care practices and organizations. Generally, the most significant medical practice accounting challenges stem from