Batch/Period Posting Feature

Use INSight's Batch/Period Posting Feature to maintain the integrity of month end processing, reporting, and balancing and as a way to enter services for a new month before the current month is completely closed.  The Batch/Period Posting feature affects several areas within INSight including Charge Entry, Payment Entry, Charge Journal, Payment Journal, the Charge/Payment Combination Journal and the Charge/Payment Post Initialize.  When the Batch/Period Posting feature is active, your Charge Batch and Payment Batch identifications must include a period code in the first four of seven available characters.  The period code must be in YYMM format.  The remaining 1-3 characters of the Charge Batch and Payment Batch are user-defined but you must include at least one character for identification purposes.  

With the Batch/Period Posting Feature active, you can:

• Balance reports such as Charge, Payment or Combination Journals that are based on live files, with analysis reports which are not date sensitive.  When activated tickets are referenced through a period code (for example 0406 to represent June of 2004), as opposed to the entered service, posting or payment dates.  See Reports Overview for more details.

• With Charge/Payment and Post/Initialize functions, you can specify up to eight individual or select to include all Batch Codes.  However, only Charge Batch and Payment Batch identifications containing the current period code are processed.

• Enter and post charges and payments for the current month, as well as enter charges and payments for the next month to facilitate data entry during the period closing.

Notes:  

• The Batch/Period Posting feature is controlled by INSight's .NPARAM record.

• For directions to activate the Batch/Period Posting feature, please contact NDS Technical Support.

• NDS recommends that your system be in balance prior to activating the Batch/Period Posting feature.