Agency Bill w/ outside financing:


1. In Billing Type: select Agency bill with outside financing, this will open the proper payable and receivables.  

  • add all fee/taxes (top line of the endorsement)
  • after all fees and taxes are added generate transaction (again at the top line of the endorsement)
  • Note:  if an itemized invoice is needed, unselect "combine all payable and receivables"

2.  tracking commissions - be sure to select the way you will receive your commission

  • Net - retain commission out of money received from insured
  • Gross - entire commission received from the carrier/MGA



3.  Receivable/Payables - they system will generate the industry standard of 25% down and 75% financed, however, these fields can be changed to match your finance agreement manually.

  • Note - check the number in the check-sum/sanity line, if there's a number there, you're collecting too much or not enough, and should prompt you to go back to check your numbers.
  • lastly, save your endorsement



After your receivables have been created, it is easy to create an invoice.  If you have just the one policy, you can choose Save > "Save and Create Invoice for Receivable".  Selecting either the premium or financed amount is optional and only informational for your insured.;  if there are multiple policies, create your invoice from your insureds details page > documents > invoices/receipts, it will give you the option to select all the policies you wish to invoice with their respective receivables.


I hope this helps, if you have questions or if I can help with anything else please don't hesitate to contact us.