Refers to the Direct Bill Statement selection in the How Billed field of the premium transaction on the policy data entry form.

When you choose this method, the premium and non-premium amounts, whether entered by download, integration or manually, are displayed in the Direct Bill Statement Billed Transactions section of a created AMS360 Direct Bill Commission Statement.

Adjustments and reconciliation of these items take place only within the Direct Bill Commission Statement processing.

 

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