What is the difference between physical and financial move in dates?

The distinction between the two sets of dates allows business office staff to invoice residents using separate dates for rent and care services.

A common use of different dates is that the physical dates will determine per-day charges of care services, while the financial dates will allow for billing according to a monthly rent scheme.

• Physical Move-in and Financial Move-in dates are required to create a resident profile.
• Physical Move-out and Financial Move-out dates are required to move-out a resident.
• It is important to determine your organization's policy for what events or situations determine these dates, and then train staff to follow the policy consistently when they are adding these dates in ALIS.
• This the physical move-in dates are tracked separately from the room assignment date, but the entry of the physical dates suggests the room assignment dates as well.
• If the dates are added incorrectly, they can always be edited by an administrator user.
• If you do not use ALIS Billing, there is likely no need to track different dates for physical vs. financial. Simply keep these dates the same.