The Future tab displays all future billing activity associated with the policy.
Fields displayed include:
Ver: Displays the version of the policy.
Tran Date: Shows the transaction date on which future activity is scheduled to occur.
Due Date: Records the due date or effective date for future activity.
Policy Number: If the "Show Billing Account Detail" check box contains a check mark on the Billing Activity Display screen, the policy number is shown in this column.
Combine Installments and Fees: This is controlled by the system setting, "Default Billing Future Tab to Combine Installments and Fees" (Billing / Display folder). When this is set to "True," this field defaults with a check mark indicating that the amounts of Service and Miscellaneous Charges are combined into an installment amount. For example, a policy has a $100.00 installment, a $5.00 Service Charge and a $3.00 Miscellaneous Charge. This would then be displayed as a $108.00 installment. If this field does not contain a check mark, any the Service and Miscellaneous Charges are not included.
Amount: Displays the billing amount for the future installments (activity). The Amount field is not necessarily the balance due for this transaction. The Billing Activity Display screen shows the actual, current balance due.
Description: Contains a brief narrative regarding the future activity.
Current Due: Enabled only when a policy has a credit balance and future installments. Selecting the button opens a Future Credits screen which shows what the actual amount of any future installments (e.g., Miscellaneous Charges, Service Charges, etc.) will be with the credit applied.
Combine Installments and Fees: When selected, the amounts of Service and Miscellaneous Fees are combined into the installment amount. This field can automatically default with a check mark if needed. To do this, set the "Default Billing Future Tab to Combine Installments and Fees" system setting (Billing / Display folder) to "True" in the Diamond System Editor.