Calculating a Hospital's End-of-Period
Hippo Manager offers a variety of Financial and Inventory reporting, and there are a few specifically helpful for end-of-week, month, quarter, or year calculations.
Summary Sales By Day Report
1. Click the Reports tab, and select Summary Reports.
2. Select Summary Sales By Day from the widget menu. Then select the appropriate Location, Invoice Status, Sale Type, Date Range, and preferred Format. Then click Get Report.
3. The Summary Sales By Day Report will display the total transactions made per day for the assigned Location, Invoice Status, Sale Type, and Date Range includes:
- Daily- Subtotal, Total, Tax Amount, Profit Amount
- Date Range- Subtotal, Total, Tax Amount, and Profit Amount
Summary Payment Report
1. Click the Reports tab, and select Summary Reports.
2. Select Summary Payments from the widget menu. Then select the appropriate Location, preferred Format, and desired Date Range, and click Get Report.
3. The Summary Payments Report will display the following:
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Transactions made for all payment methods and separated into subtotals.
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The number of transactions for each payment method.
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Payment method subtotals
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Grand total for all Payment methods in that date range
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Important Note: This report will reflect all methods of payment collected in a specific date range including issued or used account credits, regardless of the invoice status. The report will open in a new tab for added convenience with cross-referencing across multiple reports. It’s recommended to also use the Detailed Payments Report if a more detailed visual to cross-reference is needed.
Aging Summary Report
1. Click the Reports tab, and select Summary Reports.
2. Select Aging Summary from the widget menu. Then select the appropriate Location and click Get Report.
3. The Summary Aging Report will display a breakdown of open balances by invoice age that includes:
- Client Name
- Account Balance by Age
- Last Payment Date
- Last Payment Amount
Summary Categories Report
1. Click the Reports tab, and select Summary Reports.
2. Select Summary Categories from the widget menu. Then select the appropriate Location, Invoice Status, Sale Type, Date Range, and preferred format. Then click Get Report.
3. The Summary Categories Report will display an inventory category list that includes:
- Category List
- Number of Sales
- Quantity Sold
- Category Subtotal
- Category Total
- Category Taxes
- Category Profit
Summary Provider Production Report
1. Click the Reports tab, and select Summary Reports.
2. Select Provider Production Summary from the widget menu. Then select the appropriate Location, and Date Range. Then click Get Report.
3. The Summary Categories Report will display an inventory category list that includes:
- Category List
- Number of Sales
- Quantity Sold
- Category Subtotal
- Category Total
- Category Taxes
- Category Profit
Balance Sheet Report
1. Click the Reports tab, and select Detailed Reports.
2. Select Balance Sheet from the widget menu. Then select the appropriate Location and Date Range. Then click Get Report.
3. The Balance Sheet will display monetary values within an assigned Location, and Date Range that includes:
- Accounts Receivable Summary for aged open invoices
- Detailed Breakdown for dollar amount of Procedures/Services, Inventory, C.O.G Sold, Profit, Taxed Sales, and Non-Taxed Sales
- Sales Breakdown for dollar amount on a previous to the current month or year comparison
- Total Taxes on open vs completed sales
- Processed Sales on open vs completed sales
- Payments breakdown of dollar amount by payment type
- Inventory Receiving by company name and dollar amount
- Gift Cards used vs unused
- Discounts used vs unused
Graphical Taxes Report
1. Click the Reports tab, and select Graphical Reports.
2. Select Taxes from the widget menu. Then select the appropriate Location, Sale Status, Date Range, and Category Display. Then click Get Report.
3. This report will generate a visual graph of each tax type and the total dollar amount for each depending on the filters that were selected in step 2.
Deposit Slip Report
1. Click the Reports tab, and select Detailed Reports.
2. Select Deposit Slips from the widget menu, and assign a Date Range. Then click Get Report
3. The Deposit Slip will display:
- All Cash and Check transactions collected and separated by subtotal
- Grand total for all Cash and Check payments collected
Important Note: This report will reflect all cash or check payments collected in a specific date range, regardless of the invoice status. The report will open in a new tab for added convenience with cross-referencing across multiple reports. It’s recommended to also use the Summary Payments Report for cross-referencing.
Helpful Tip
For assistance with calculating end of day specifically, check out Reports: Processing End of Day
For hospitals utilizing our integration with VCP for wellness plans, your reporting pertaining to those plans will be supported through VCP.