Pay Commissions - Statement Modifiers

This form is used to define which invoices are gathered by the system for presentation on a Commission Payable Statement. It also provides access to the Commission Payable Statement data entry form.

Pay Commissions - Statement Modifiers Selections

Your most recent settings (as the logged-in user) are retained as the default Statement Modifier selections when you open the form.

Field/Group Name

Options/Considerations

Through Date

AMS360 selects invoices where the later of the Invoice Date or the Invoice Effective Date is less than or equal to the Through Date. For more information about the use of dates in the system, see Dates in AMS360.

Example

Through: 1/1/03	Invoice Date	Inv Eff Date	Include
Invoice A	12/1/02	11/15/02	Y
Invoice B	1/01/03	1/01/03	Y
Invoice C	1/01/03	2/01/03	N

Statement Date

This date defaults from the Through Date but can be changed. Use this date to identify the statement. Make it meaningful.

Statement Description

Defaults to Comm Statement - [Statement Date] but can be changed.

Statement to Include

At least one of the Statement to Include options must be selected.

If an invoice meets at least one of the checked statement options listed below, it will be included on the commission statement.

Options	What is this?
Check All	Selects all the statement options at once. You can manually un-select options by clearing the check mark .
Invoices Unpaid to the Agency	Includes invoices for which no payments have been made. These are invoices where the customer accounts receivable balance is equal to the invoice gross total.
Invoices Partially Paid to the Agency	Includes invoices that are not fully paid to your agency. (This option only applies to the Agency Bill invoicing workflow.) When this box is selected, it enables the option "Set Pay Amounts to Payable Balance with partially paid invoices set to a prorated amount based on AR payments received..." These are invoices where the customer accounts receivable balance is not equal to zero.
Invoices Paid in Full to the Agency	Includes invoices paid in full to your agency. These are invoices where the customer accounts receivable balance is equal to zero.
Invoices Partially Paid or Unpaid to the Company	Includes agency bill invoices that are not fully paid to the company. These are invoices where the company payable balance is not equal to zero.
Invoices Paid in Full to the Company	Includes agency bill invoices paid in full to the company. These are invoices where the company payable balance is equal to zero.
Direct Bill Invoices Not Paid in Full to the Agency	Includes direct bill transactions invoiced through the Customer Center and through the Direct Bill Statement. These are invoices where the agency commissions are not fully paid to the agency from the company.
Direct Bill Invoices Paid in Full to the Agency	Includes direct bill transactions invoiced through the Customer Center and through the Direct Bill Statement. These are invoices where the agency commissions are fully paid to the agency by the company.
Binders Partially Paid or Unpaid to the Agency	Includes binder invoices that are not fully paid to your agency. These are binder invoices where the customer accounts receivable balance is not equal to zero.
Binders Paid in Full to the Agency	Includes binder invoices paid in full to your agency. These are binder invoices where the customer accounts receivable balance is equal to zero.
Include Beginning Balance Invoices	Includes invoices you entered as part of your move to AMS360. These items have been entered as Beginning Balance Journal Entries for an employee or broker. This option is hidden if the employee/broker does not have any beginning balance invoices.

Build Statement for All Divisions

Includes invoices from All divisions (default).

If you want to include only those invoices belonging to one division, clear the Build Statement for All Divisions , and select the appropriate division.

All Customers

Includes invoices for all customers (default).

To include invoices for one customer, clear the All Customers and search for the appropriate Customer. Then, select the Invoice to pay.

To include all invoices for a customer, leave the Invoice field blank.

Set Pay Amounts to Payable Balance and Statement Status to Ready to Pay

This option refers to the Pay Amounts and the Payable Balance columns in the Reconcile Statement grid of the Pay Commission form.

If this option is selected, the amount to be paid on the statement is set to equal the remaining payable balance due the employee/broker for each invoice on the statement.

In addition, the Statement Status is set to Ready to Pay, meaning the statement can be paid or closed by a check, receipt, or journal entry.

Set Pay Amounts to Payable Balance with partially paid invoices set to a prorated amount based on AR payments received. Set Statement Status to 'Ready to Pay'.

This option is enabled only if you select the Invoices Partially Paid to Agency check box in the Statement to Include group box.

This option refers to the Pay Amounts and the Payable Balance columns in the Reconcile Statement grid of the Pay Commission form.

If this option is checked, the amount set to be paid on each statement grid row is based on the employee/ broker's commission percentage of the total amount actually paid on the invoice.

In addition, the Statement Status is set to Ready to Pay, meaning the statement can be paid or closed by a check, receipt, or journal entry.

Create Statement

Click this link to open the Commission Payable Statement form, which is pre-filled based on your selections.

Creating a Statement