Billing Plans - Fees Utilities Table

This table contains all of the defined billing plan fees that can be used for policy invoicing.

 

Field Descriptions

Late Fees

Assessed

Click on the box to set to True or False if the billing fee can be assessed.

Billing Item

Choose the correct billing item to be used for the late fee from the drop down arrow.

Rate

The percentage rate to calculate the amount of late fee.

Minimum

The dollar amount to apply as the late fee.

Mark Invoice "To be Printed"?

Enter a check mark in the box if the invoice with this late fee is to be printed and remitted by fax/mail.

Terminate for Non Payment

Enter a check mark in the box if the policy was cancelled because no payment was received.

 

Reinstatement Fees

Assess

Click on the box to set to True or False if the reinstatement billing fee is assessed.

Billing Item

Choose the correct billing item to be used for the reinstatement fee from the drop down arrow.

Rate

The percentage rate to calculate the amount of reinstatement fee.

Minimum

The dollar amount to apply as the reinstatement fee.

Mark Invoice "To be Printed"?

Enter a check mark in the box if the invoice with this reinstatement fee is to be printed and remitted by fax/mail.

Terminate for Non Payment

Enter a check mark in the box if the policy was cancelled because no payment was received.