Product: APROSQL, APro for Windows
Description:

Financing (ACCRUAL Basis) - Finance Company Pays Carrier – Manual Financing

Solution:

Enter the entire policy premium and non premium items normally, posting the policy.

  1. From the Client A/R choose the $ icon and then the Make A/R Adjustments button

  2. Choose the Type of Adjustment of Finance Company Adjustment, you can choose a policy or leave it blank, and the date you wish to apply this to the client’s account. Type in the amount typically as a negative number.

  3. Click OK and choose the 20XX account for the Company or Broker on the policy from the Adjustment Offset window, click OK.

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