To change an expense or loss / indemnity reserve:
Open the Claim Tree View.
Highlight the correct claimant / feature combination.
Right click on the claimant / feature combination.
Click Add Transaction in the Quick Links section.
Select the following on the Transaction screen tab:
Category: Select either Indemnity Reserve Change or Expense Reserve Change from the combo box.
Type: Choose the Transaction Type from the available options listed.
Tracking: Choose the appropriate company defined transaction tracking selection.
Amount: Enter the dollar amount for which the reserve will be increased or decreased. For additions to the reserve, simply enter the dollar amount as usual. To decrease the reserve, place a minus (-) sign at the beginning of the reserve change amount. Target: Instead of making an entry in the Amount field, enter the total intended reserve amount (new reserve). When the total reserve amount is entered, the dollar amount by which the reserve was increased or decreased defaults to the Amount field.
Transaction Remark: Enter any comments related to the reserve change. Entry in this field is required to process the reserve change transaction.
Select the Issue button on the Transaction screen toolbar. Answer OK to the question: "Issue this transaction?"
Access the claimant's folder in the Claim Tree View and open the Transactions folder. The newly added or changed reserve displays.