Accounting Workflow – Month-end Workflow
Homecare agencies follow strict accounting rules like all other companies. Month-end reporting and closing out the books is critical for proper reconciliation, state reporting, and other KPI needs.
Documentation below is draft workflow/ guide for the development team.
Step 1) Agency Settings
Agencies will process month-end based on how they recognized revenue. There are generally two methods that are acceptable.
- Cash Basis – Date of Invoice
- Accrual Basis – Date of Visit
* Additional configurations available. Contact support for additional information.
Step 2) Running Month-End
Billing -> Month End