Definition

The sum of all write-offs, discounts, and corrections made to your bill. It is subtracted from total charges to help calculate the balance due.

What to consider

  • Confirm the final amount matches your records.
  • Pay by the due date to avoid fees.
  • Keep the final balance documented for future reference.

Real world scenarios

  • After all payments and adjustments, Mark’s billing statement showed a clear total due amount.
  • Linda’s invoice ended with a final total due that she needed to pay by the due date.
  • John reviewed his account summary where the total due was prominently displayed.

Related terms

Healthcare