remittance advice
1remittance advice — UK US noun [C] ► ACCOUNTING, COMMERCE a document that is sent by someone who makes a payment to the person receiving it, with details of the amount, method of payment, etc.: »If the payment is by BACS, the remittance advice will include the BACS… …
2Remittance advice — In business transaction, a remittance advice is a letter sent by a customer to a supplier, to inform the supplier that his invoice has been paid. If the customer is paying by cheque, the remittance advice often accompanies the cheque.Remittance… …
3remittance advice — /rɪ mɪt(ə)ns ədˌvaɪs/, remittance slip /rɪ mɪt(ə)ns slɪp/ noun an advice note sent with payment, showing why it is being made (i.e. quoting the invoice number or a reference number) …
4Electronic Remittance Advice — An Electronic Remittance Advice is an electronic version of a payment explanation which provides details about providers claims payment, and if the claims are denied, it would then contain the required explanations. ERA are provided by plans to… …
5Remittance — can also refer to the accounting concept of a monetary payment transferred by a customer to a business. See remittance advice A remittance is a transfer of money by a foreign worker to his or her home country. See remittance man below for the… …
6advice — ad‧vice [ədˈvaɪs] noun 1. [uncountable] information given to someone, especially by an expert, so that they know what to do and can make the right decision: • She will remain on the board and provide financial advice to the company. • a law firm… …
7advice — advice, advise 1. Advice is a noun (‘an opinion given about future action’) and advise a verb (‘to give advice to’), in both BrE and AmE: • The hardest thing is knowing where to go to get help, to get the advice and information you need The Face …
8Supplier enablement — is the process of electronically connecting suppliers (or other trading partners) to a company s supply chain. Supplier enablement is achieved when suppliers of goods and services are connected to a company s back office systems to exchange… …
9Health Insurance Portability and Accountability Act — The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers… …
10Medical billing (United States) — Medical billing Coding is the process of submitting and following up on claims to insurance companies in order to receive payment for services rendered by a healthcare provider. The same process is used for most insurance companies, whether they… …
