Receiving Commission Payments
Overview
There are three interchangeable ways to enter the commission payments you receive each month. You can choose the method that best fits the format of the statement you receive from your carrier.
🛠️ Entry Methods
- Import Carrier Statements: The fastest method for statements provided in Excel format.
- Reconcile Carrier Statement: An efficient way to manually enter an entire statement on one screen.
- Receive Payment Button: Ideal for entering small or miscellaneous payments for a single policy.
💡 Best Practices
- ✅ Flexibility: You are not required to stick to just one method; use whichever is most efficient for the data at hand.
- ✅ Accuracy: Always double-check your "Actual Commission" entries against your bank deposits to ensure reporting accuracy.