Purpose
Insurer
Accounts are just a specialised sundry creditor account that records amounts of
financed insurance that are due to be paid to third party insurers, or retained
as insurance income.
The
future ledger may be used to record insurance refunds that occur on Fixed Loan
Account Early Terminations. These may be recoverable from the third party
insurer.
Timing
New
Insurer Accounts may be viewed or set up at any time
Access
- [F2] in the insurer accounts may be viewed or set up at any time
- Insurer | Access Insurer Accounts
from the main dialog
Dialog Details
Details Specific Fields
Field | Explanation |
Premium | The percentage entered here will determine the default split between insurance premium and commission when the policy details |