There might be a difference if you are comparing your takings reports and your income reports for the same time period.
Takings Report
The Takings Report shows you all of the payments recorded in Dentally for the date period.
The Takings Report will show you part-payments, instalments, deposits - any monies coming in to your Practice.
Income Report
The Income Report, for the same date period, shows cleared invoices in that period and will show the full amount cleared with the intention of showing Income which can be paid to associate fee earners for example.
A Simple Example
For example, Mrs Smith has an invoice for ยฃ200.00 raised on 27 October 2020.
She pays ยฃ100 on 27 October 2019
She pays ยฃ80 on 4 November 2019
She pays ยฃ20 on 4 December 2019. Her balance is now ยฃ0
The Takings Report for 1 - 31 October will show the ยฃ100.
The Takings Report for 1 - 30 November will show the ยฃ80.
The Takings Report for 1 - 31 December will show the ยฃ20.
The Income Report for October and November will not show these takings.
The Income Report for any dates ON or AFTER 4th December will show the Income of ยฃ200 because it has now been paid in full.
Large Invoices
If you have invoices for large sums, and your patient is paying off the invoice in instalments, the total sum of the invoice will not show in the Income Report until the total amount is paid. Therefore, if you pay associates on fully paid invoices, there may be a substantial delay between them completing the treatment, and them receiving their payment. There is a way around this.
You could invoice for the treatment in increments. For example, you could break the total treatment into 4 or so treatments. Each treatment could be completed and charged and paid. The invoice would be fully paid and the associate could be paid for that work.
An example
An Invisalign treatment which costs ยฃ3,500 could be broken into 5 staged treatments Invisalign1, Invisalign2 etc, each of ยฃ700.
The patient attends. The Practitioner charts the first stage - Invisalign1 - and completes and charges that ยฃ700 which the patient pays.
The Income Report will show ยฃ700 against that Practitioner.
If you use the Income Report to pay the practitioner, this will allow them payment for the work that has been completed.
This pattern repeats until the patient has completed all the stages of the treatment.
More about the Income Report
To learn more about the Income Report and how you might use it, we have a number of tutorial web pages for you to refer to.

