Direct Bill: Pay Company On Behalf Of Client - Revision history

Kcrenshaw: corrected punctuation

2019-03-13T22:26:34Z

corrected punctuation

Kcrenshaw: updated menu options and screen shots

2019-03-13T22:23:02Z

updated menu options and screen shots

Mlively at 15:30, 4 January 2016

2016-01-04T15:30:16Z

Mlively at 20:30, 22 January 2015

2015-01-22T20:30:06Z

Mlively: initial save

2014-10-29T14:37:01Z

initial save

New page

[[Category:Direct Bill]][[Category:Receivables]][[Category:Cash]][[Category:Checks]]
<table class="infobox" cellspacing="5" style="background-color: #FFFFFF; width:27em; text-align:left; border-spacing: 2px; line-height:1.5em;">
<tr style="background-color: #bdbdbd; text-align: center; font-weight:bold;">
<td>Related Pages</td>
</tr>

<tr>
<td>
<ul>
<li>[[Client Payment: Direct Bill Cash Transmittal]]</li>
</ul>
</td>
</tr>
<tr style="background-color: #d3d3d3; text-align: center; ">
<td>Related Categories</td>
</tr>
<tr>
<td>
<ul>
<li>[[:Category:Cash|Cash]]</li>
<li>[[:Category:Checks|Checks]]</li>
<li>[[:Category:Direct Bill|Direct Bill]]</li>
<li>[[:Category:Receivables|Receivables]]</li>
</ul>
</td>
</tr>
</table>
On a [[:Category:Direct Bill|Direct Bill policy]], the client pays the [[Company Profile|insurance company]] directly, and the [[Direct Bill: Commission Statement Processing|commission is sent from the company, to the agency]]. If desired, the client may choose to process a payment through the agency, which is then forwarded in full to the insurance company. (See: [[Client Payment: Direct Bill Cash Transmittal]])

In addition, agency can also pay the policy premium '''on behalf of the client to the company''', creating a receivable balance for the client, '''prior to receiving a client payment'''.

=== Process Company Payment On Behalf Of Client ===
Only use the process below if the client '''has not paid the agency''', and the payment is being placed to the company on behalf of the client.
#'''Load the client''' on one of the four client tabs.
#'''Right-Click''' on the policy number and select '''Attach Payment'''.
#:[[File:Payment-db-attachpay.png]]
#Verify '''Amount -> $0.00''' is set.
#Verify '''Cash Type -> Transmittal''' is selected. ''(The Cash Type will default to Transmittal for Direct Bill invoices)''
#:[[File:Payment-db-attachpay-createcashfor0.png]]
#Select '''OK''' to save the payment.
#'''Answer No''' to print the cash receipt.
#'''Answer Yes''' to create a '''Company Check''' for the payment amount.
#:[[File:Payment-db-attachpay-createcheck.png]]
#Change the '''Amount''' from 0.00 to the amount being paid to the company on behalf of the client. ''(From Example: $350.00)''
#:[[File:Ayment-db-attachpay-createcheck-behalf-amount.png]]
#Select '''Accept''' after verifying check type as '''Regular (Printable'''), or '''Wire Transfer (EFT)'''.
#:[[File:Payment-db-attachpay-createcheck-behalf-details.png]]
#The on-account check will create a receivable balance for the client, visible on the client's account tab.
#:[[File:Cltexp-account-onaccount-checkonly.png]]

Later, when the client payment is received, [[Client Payment: Agency Bill Cash|create a regular client payment]] to offset the client's receivable balance.

@@ Line 27: / Line 27: @@
 </tr>
 </table>
-On a [[:Category:Direct Bill|Direct Bill policy]], the client pays the [[Company Profile|insurance company]] directly, and the [[Direct Bill: Commission Statement Processing|commission is sent from the company, to the agency]].  If desired, the client may choose to process a payment through the agency, which is then forwarded in full to the insurance company. (See: [[Client Payment: Direct Bill Cash Transmittal]])
+On a [[:Category:Direct Bill|Direct Bill policy]], the client pays the [[Company Profile|insurance company]] directly, and the [[Direct Bill: Commission Statement Processing|commission is sent from the company to the agency]].  If desired, the client may choose to process a payment through the agency, which is then forwarded in full to the insurance company. (See: [[Client Payment: Direct Bill Cash Transmittal]])
 In addition, agency can also pay the policy premium '''on behalf of the client to the company''', creating a receivable balance for the client, '''prior to receiving a client payment'''.

@@ Line 35: / Line 35: @@
 #[[Client Tab#Find a Client|Load a client]] on one of the [[Client Tab|client tabs]].
 #Select the (+) next to '''Policies'''. ''(To expand the band by default, see: [[Preferences]])''
-#'''Right-Click''' on the policy number and select '''Attach Payment'''.
+#'''Right-Click''' on the policy number and select '''Client Payment'''.
-#:[[File:Payment-db-attachpay.png]]
+#:[[File:Payment-db-attachclientpay1.png]]
 #Verify '''Amount -> $0.00''' is set.
 #Verify '''Cash Type -> Transmittal''' is selected. ''(The Cash Type will default to Transmittal for Direct Bill invoices)''
-#:[[File:Payment-db-attachpay-createcashfor0.png]]
+#:[[File:Payment-db-attachpay-cashfor0.png]]
 #Select '''OK''' to save the payment.
 #'''Answer No''' to print the cash receipt.
 #'''Answer Yes''' to create a '''Company Check''' for the payment amount.
-#:[[File:Payment-db-attachpay-createcheck.png]]
+#:[[File:Payment-db-attachpay-createcheckyes.png]]
-#Change the '''Amount''' from 0.00 to the amount being paid to the company on behalf of the client. ''(From Example: $350.00)''
+#Change the '''Amount''' from 0.00 to the amount being paid to the company on behalf of the client. ''(From Example: $200.00)''
-#:[[File:Ayment-db-attachpay-createcheck-behalf-amount.png]]
+#:[[File:Payment-db-attachpay-createcheck-clientbehalf-amount.png]]
 #Select '''Accept''' after verifying check type as '''Regular (Printable'''), or '''Wire Transfer (EFT)'''.
-#:[[File:Payment-db-attachpay-createcheck-behalf-details.png]]
+#:[[File:Payment-db-attachpay-createwirecheck-details.png]]
-#The on-account check will create a receivable balance for the client, visible on the client's account tab.
+#The on-account check will create a receivable balance for the client visible on the '''Accounting''' tab.
-#:[[File:Cltexp-account-onaccount-checkonly.png]]
+#:[[File:Cltexp-accounting-onaccount-checkonly.png]]
-Later, when the client payment is received, [[Client Payment: Agency Bill Cash|create a regular client payment]] to offset the client's receivable balance.
+When the client payment is received, [[Client Payment: Agency Bill Cash|create a regular client payment]] to offset the client's receivable balance.

@@ Line 33: / Line 33: @@
 === Process Company Payment On Behalf Of Client ===
 Only use the process below if the client '''has not paid the agency''', and the payment is being placed to the company on behalf of the client.
-#'''Load the client''' on one of the four client tabs.
+#[[Client Tab#Find a Client|Load a client]] on one of the [[Client Tab|client tabs]].
 #'''Right-Click''' on the policy number and select '''Attach Payment'''.
 #:[[File:Payment-db-attachpay.png]]

@@ Line 9: / Line 9: @@
 <ul>
 <li>[[Client Payment: Direct Bill Cash Transmittal]]</li>
 </ul>
 </td>