Enter the entire policy premium and non premium items normally. If necessary to invoice the down payment, generate an invoice from the Client A/R tab and use the + icon to add the finance credit.
When collecting the down payment enter this payment in the Down Payment field of the policy, adjusting the First Payment date to the date of the payment and checking the box at the bottom of the policy to Apply A/R to Premium Finance Company. Click OK and regenerate the policy if necessary.
Go to the Client A/R tab and click the $ icon. Choose the same date and amount reflected on the Finance Company Credit line in the Client A/R detail. Choose the policy that was being financed and check the box at the bottom of the screen to Check Here if Payment is from Finance Company. Choose Yes to the question Did the Finance Company pay the Carrier Directly?