MAR Revenue Recognition for Direct Bill

 

Note: This update represents only a portion of the AMS360 25R2 release. Please navigate to AMS360 2025 R2 Release Notes to review other enhancements and fixes that were part of the release.

The MAR Revenue Recognition for Direct Bill report only shows premiums billed by Direct Bill and Direct Bill Entry. The existing Revenue Recognition for Direct Bill is still available for use.

This element filters by Business Unit and Date Range.

The "Detail View" only shows policies within the selected filters that had premiums billed by Direct Bill and Direct Bill Entry.

Report Columns:

  • Customer Name

  • Customer Number

  • Customer ID

  • Customer Division

  • Customer Branch

  • Customer Department

  • Customer Group

  • Customer Group

  • Company Name

  • Policy Number

  • Policy ID

  • Policy Division Name

  • Policy Branch Name

  • Policy Department Name

  • Policy Group Name

  • Policy Effective Date

  • Policy Expiration Date

  • Policy Status

  • Period Billed Premium: Direct Bill and Direct Bill Entry billed amounts just within the period in which the report was run.

  • Billed Premium: All premium that have been billed via Direct Bill and Direct Bill Entry from the start of the policy to the end-report run date.

  • Policy Premium All Red premium fields totaled through the end of the report run date.

  • Period Revenue: Agency commission billed for the period in which the report was run.