Your
accounting data can flow from MedLedger into QuickBooks™ with a single
mouse click or even automatically! Medledger allows you to designate debits
and credits data flow into your selected QuickBooks™ accounts so
that you get the data you want, when and where you want it.
The benefits of combining the power of MedLedger and QuickBooks™ are clear:
• More accounting
efficiently
• No need for redundant data entry
• Fewer errors
• Reporting you're accustomed to
• Eliminate end-of-year reporting hassles
• Better and faster client service
See how MedLedger integrates with QuickBooks™ below.
Accounts Setup
In QuickBooks, go to the Chart of Accounts and create any accounts required based on your decisions regarding the flow of data from MedLedger to QuickBooks (Figure 1).
Figure 1 - QuickBooks Chart of Accounts
In MedLedger, select the preferred accounts you created in QuickBooks that
will receive MedLedger data (Figure 2). Optionally check the "Automatically
Transfer..." checkbox for automatic data transfers from MedLedger to
QuickBooks upon each MedLedger journal close.
Figure 2 -
MedLedger's QuickBooks Properties
How Data Transfers Work
In this example, we're going to select a closed journal entry (# 1373, Figure 3). Note the amounts under the Debits, Credits, and Total columns for ID # 1373. Select the Ledger entry and click the Transfer to QuickBooks button.
Figure 3
In MedLedger, the "working" area for accounting is called the "Journal" and when the Journal is closed, all closed entries flow to the "Ledger." The Ledger is shown in Figure 3 above.
An Information Box is displayed informing you of the data transfer (Figure 4).
Figure 4
Switch to QuickBooks and select the account that you designated to receive MedLedger data (in this example, the Accounts Receivable account, Figure 5). There you see MedLedger Ledger ID # 1373.
Figure 5
Double-click the MedLedger entry to open the QuickBooks General Journal (Figure 6). In the General Journal, you see more detailed line items from MedLedger Ledger ID # 1373 (refer back to Figure 3 above to review the original amounts in MedLedger):
Figure 6
back
to top
© Copyright - Health Data Services, Inc.