Contents: This report is used for month end balancing of AR financials. This report provides summary accounts receivable information for the following given conditions: "All Issued Policies," "Policies Not Issued but Cash Applied Has Been Applied to Policy," "Policies Issued with Future Effective Date," and "How Much of the Future Installments Were Related to the Current In Force Written Premium." Information displayed on the report includes:
Written Premium
Future Written Premium
Total Cash
Unapplied Cash
Total Outstanding
Total Premium Billed
Current Premium Outstanding
Current Premium Paid
Future Premium Outstanding
Current Surcharge Outstanding
Current Surcharge Paid
Future Surcharge Outstanding
When to Run Report: Monthly; preferably after End of Month Processing has run.
Input Parameters:
Month (MM)
Year (YYYY)
Criteria: All Issued Policies (WP > 0 or FWP > 0), Not Issued But Cash Applied to Policy (WP = 0 and FWP = 0), Issued With Future Effective Date (WP = 0 and FWP > 0), How Much of the Future Installments Was Related to the current in force WP (WP > 0)
Run Type: Month to Date or Cumulative