Re: Third Party Payment

Posted by BJ Freeman on Jun 25, 2006; 11:56pm
URL: http://ofbiz.116.s1.nabble.com/Third-Party-Payment-tp140170p140171.html

your best bet is to look up a accountant.
I have the name of one that is pretty good, if you would like to contact
her.


Chris Howe sent the following on 6/25/2006 3:46 PM:

> I am just going insane with trying to put together a
> third party (insurnce) payment application.
>
> I have it set up so far to do the following:
>
> J1 - Sale Made to John Doe:
> John Doe Billing Account - 100.00 (dr)
> Sales Revenue - 100 (cr)
>
> J2 - Transfer partial responsibility to Third Party:
> Insurance A Billing Account - 80.00 (dr)
> John Doe Billing Account - 80 (cr)
>
> J3 - Insurance A cuts makes payment:
> Cash - 80 (dr)
> Insurance A Billing Account - 80 (cr)
>
> J4 - Sale Made to Jane Barker:
> Jane Barker Billing Account - 500 (dr)
> Sales Revenue - 500 (cr)
>
> J5 - Tranfer partial responsibility to Third Party:
> Insurance A Billing Account - 400.00 (dr)
> Jane Barker Billing Account - 400.00 (cr)
>
> J6 - Insurance A decides that it shouldn't have been
> responsibile for John Doe's Sale:
> ??? (dr)
> ??? (cr)
> ??? (dr)
> ??? (cr)
>
> J7 - Insurance A makes payment for outstanding
> balance:
> Cash - 320.00 (cr)
> ??? (dr)
> ??? (cr/dr)
> ??? (cr/dr)
>
> Any ideas on what my ??? should be?  I need to reapply
> responsibility back to John Doe's account and allow
> for the 80 overpayment credit to be applied to the
> second payment.
>