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Revenue Commission Undeterminable

Revenue Commission Undeterminable

Non-determinable commission – approximation

U commission undeterminable in advance (the annual sum insured may be known at the beginning, but even this may change depending on the client's behavior) – in general, the exact amount of the commission prescription is not known. Commission Calendar Is Determined

  • From the amount of the annual premium (if known) – the amount per period is calculated and used instead of the expected sum insured from the GAC for insurance companies

  • From the received payment from the insurance company (the sum of the annual insurance was not known, then a zero commission SPK is created, which is corrected only from the received payment)

For a non-determinable commission, the user must enter a check mark in the Approximation field on the commission definition.

If there is a different amount in commission payments, the system does not automatically match the item and the user has to match manually.

See chapter Commission Applying | Commission Approximation

 

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