Earnings Report

The Earnings report lists all premium charges, broken down by individual transactions, and the earned amount of each charge.

  1. In the main menu, select Billing, Reports, then Earnings.

    2. Upon navigating to the page, the system evaluates the user's administrative level and the position of their office within the organizational hierarchy. If the user has access to multiple billing entities, the system displays the Billing Entity panel at the top of the landing page.

    From the Billing Entity panel, the user can select which billing entity resources to work with. Once a billing entity is selected, the system refreshes and displays the requested resources associated with that billing entity.

    Billing Entity Select the appropriate billing entity. Once a selection is made, the system refreshes and returns the results, filtered according to the selected billing entity.
     

    Note: Once selected, the name of the billing entity is displayed in the header of the Billing Entity panel. Filtering of system resources persists as the user navigates to other sections of the billing module until another billing entity is selected or the session ends.

    The Earnings page opens.

  2. Filters can be applied to limit the results.  Fields marked with a red asterisk * are required.

    Period Ending

    Select a date to return results up to that date.  The date can be entered manually, or selected from the calendar lookup .

    Currency

    Select a Currency to filter the results.

  3. Click Search to generate the report.  The results appear in the Earnings Journal panel.

    Some columns have been hidden.

    The Earnings Journal list displays the premium charges for each premium type within each transaction, and provides the total earned premium and unearned premium, calculated by the day, from the oldest unposted value up to the selected Period Ending date.

    The list of premium charges can be sorted, filtered, and exported, among other options.  For more information on working with grids, see the Using Grids section.

    The Total line is based on all results of the search, and will not be affected by any filters applied to the grid columns.

    Click Post to post all values up to the selected Period Ending date.  This generates the appropriate General Ledger entries for the earned premium.