Previously, access to the premium information in the current term was limited to just the current transaction, and information from the previous term was limited to premium information for the entire term.
New reference codes have been added to call more detailed information into calculated fields. The same options are available for both the full previous term and the full current term, allowing premiums, commissions, and taxes to be called as total values or by individual premium types (by name or ID).
Notes: For both the previous and current terms, only values from Bound transactions will be included.
When a renewal is created, the previous term information is copied into the new term. Any changes to the previous term after the renewal has been created will not be included when calling previous term values.
Once a transaction in a particular term is bound, the calculated fields are locked for that transaction. They will not be updated if other transactions are subsequently bound within the same term.
For more details on using these new references and identifying individual premium types, please see the Calculated Fields Reference Guide - 1.7.5.