Contract Allocation

In this topic, we continue our discussion of the Invoice command, located on the Policy Menu.

On the Contract Allocation tab, you can allocate between contracts when invoicing. We recommend that you allocate between contracts on the Participation tab whenever possible.

In the table that follows, we discuss the buttons that are specific to the Contract Allocation tab.

Button	Function
	Add a new contract record
	Edit the selected record
	Delete the selected record
	Save changes
	Cancel changes

In the following steps, we show you how to enter a contract allocation record.

1. Click to make a selection from the following lists in the grid (see Understanding Grids).
   1. Company – company name
   2. Contract – number from the list.
   3. Coverage – coverage type
2. Click the appropriate column and type to enter or change the following allocation information, as needed.
   1. Limits – amount of available aggregate limit that the contract applies to
   2. Limits % – limits percentage amount
   3. Cm % – applicable gross commission percentage amount
   4. Prem % – percentage of premium amount allocated to the contract
   5. Premium – premium amount
3. Repeat these steps to add contracts as needed using the required market companies.

See Also