Contents: Listing the Company, State and Line of Business on the report, it identifies those policies that have an Outstanding Balance at month-end. It displays the following information:
Policy #
Insured
Policy Version
Written Premium
Billed Amounts – which shows the premium, service charges and miscellaneous charges
Paid Amounts – which shows the funds credited toward premium, service charges and miscellaneous charges
Current Outstanding – which shows any balance due and future written premium.
The report calculates and displays the Total Amount Billed, Total Amount Paid and Total Amount Due.
Who Uses Report: Accounting Management
When to Run Report: After End of Month Processing has completed.
Input Parameters:
Month: MM
Year: YYYY
Company (With an option for "All")
State (With an option for "All")
Line of Business (With an option for "All")