Direct bill refers to an invoice where the client pays the insurance company direct. The agency commission is sent to the agency by the insurance company and recorded with GL 1130 - Company Receivable. In a retail agency, there is no receivable balance from the client (GL 1120 - Client Receivable).
Direct Bill invoices and payments are typically created by commission download or commission builder.
See Direct Bill for additional details.
See Direct Bill (Broker Billed) for Broker Billed invoices.
Pages in category "Direct Bill"
The following 34 pages are in this category, out of 34 total.