How to view your monthly statement history

There are two different views for your monthly statements; "Statement Summary" and "Statement Breakdown". The "Summary" is a simple view to your monthly collections, deductions and earnings. The "Breakdown" allows for a more thorough view of your collections, as well as some stats which are useful to gauge productivity and average earnings based on hours worked. This guide will teach you how to read and digest your monthly statements.

1. Accessing "Statements"
2. Sample statement

Accessing "Statements"

1. Log into Core Practice using your personal account and click Sign In.
   
   
   
   
2. Click on your username in the top right hand corner and then click on Statements.
   
   
   
3. Click on the statement number which corresponds to the monthly statement you would like to view.
   You will only be able to see statements which have been published by your manager. If there is a statement missing in the list, this is because the statement has not yet been published.

Sample statement

1. This is your "Statement Summary". It is a simple outline of your monthly collections and deductions. Click the image to enlarge it; it will open in a new window/tab.
   Previous statements: "Gross collections" from the same last the previous year.
   Year to date: yearly view of "Gross collections".
   Gross collections: the total amount received for this statement, including amounts collected by the company and by you personally (cash).
   Received: the amount which the company collected on your behalf (excludes cash).
   
   
   
2. The lower half of the statement breaks down your "Deductions" and "Payments", with your "Payment due" found at the bottom of the statement. Click on the image to enlarge it; it will open in a new window/tab.
   Regular hours: amount of time which you have worked for this statement period.
   Management fees: amount withheld based on your contractual commission schedule.
   Transaction fees: amount charged to cover costs for the transactions received from your patients within this statement period.
   Total received: the amount which the company collected on your behalf (excludes cash).
   Total deductions: total amount withheld; the sum of "Management Fees" and "Transaction Fees".
   Payment due: the difference between "Total Received" and "Total Deductions".
   Total earnings: total amount earned.
   Expenses: "Transaction fees".
   Net earnings: amount earned after subtracting expenses/transaction fees.
   Direct payments: amount received directly (cash).
   
   Not visible on this sample statement:
   In-house lab fees: deductions for in-house lab work.
   Lab fees: deductions for external lab work.
   
   
   
3. At the top of the statement, you can click Statement Breakdown.
   You can also click on Download in order to generate a PDF version of the "Statement Summary" which you can print or download using your PDF viewer.
   
   
   
4. This is your "Statement Breakdown". In this first portion, you will see a detailed graphical overview. Click on the image to enlarge it; it will open in a new window/tab.
   Patients: patient breakdown, including average received per patient and number of new patients.
   Productivity: representation of amount of time which has been booked, cancelled and left available/unoccupied.
   
   
   
5. The second portion of the breakdown gives a comprehensive view of the daily collections. Click on the image to enlarge it; it will open in a new window/tab.
   Collections: total amounts received, broken down into amounts received per day, per location (if multiple locations apply).
   Deductions: management and transaction fees per location.
   
   Not visible on this sample statement:
   In-house lab fees: deductions for in-house lab work per location.
   Lab fees: deductions for external lab work per location.