The Invoice Ledger displays the activity recorded on an invoice. Line item charges, description of payments and invoice balances.

In this example:

1. Charge for 92014 -comprehensive exam was recorded for $125.00 and a patient responsibility of $20.00.
2. Patient Credit was used to pay the patient responsibility of $20.00.

At this point, we do not know if the Patient credit came from a Pre-Payment (Unapplied Payment) or a Patient Credit.

The Transaction Ledger lists each Fee and Payment that took place.

1. Pre-payment was taken for $20.00. This is considered an Unapplied Payment.
2. A fee for $105.00 was recorded for Insurance.
3. A fee for $20.00 was recorded for the Patient.
4. Payment was made for the $20.00 using the Unapplied Payments.