You can create a commission statement for agency bill policies as part of processing company payables, or as a separate workflow after processing company payables.
This workflow can also be used to create a new commission statement for transactions that were reversed or deleted.
Required permissions
In order to complete this task, user permissions must be set to include:
Accounting Reporting > Access Trust Accounting Report
Accounting Reporting > Access Company/Agency Payables Reports and Workflows
See User Permissions for more information.
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Generate the Unpaid Company Payables report for the carrier you are paying.
OR
Generate the Paid Company Payables or All Payables report.
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Click Create Commission Statement.
This button is not available from the Unpaid Company Payables report until you have created a check per-item or a statement check, including at least one item with retained commission.
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Type in a Description.
The Description serves as an identifier for this commission statement. HawkSoft provides carrier names you can select, but this will not associate the commission statement with that carrier.
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Verify the Statement Date.
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Check the box next to each transaction that you want to include on this commission statement, and then click Finish.
Use Enable Show items with commission transactions to view transactions that have already been associated with a commission statement. This enables you to recreate commission transactions that were reversed or deleted.
Commission statements created from company payables will have the transactions automatically matched to the clients and policies that the payables are associated with.
HawkSoft creates a new commission statement for the selected transactions. For more information about processing commission statements, see Commission Tracking Overview.
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