Posting and Document in Broker Collections
Use
In broker collections, you can enter postings and documents for the following categories of broker report:
Premiums
You post premiums to customers for the insurance company that are assigned to a broker.
Claims
You post claims to customers for the insurance company that are assigned to a broker. The claim number is specified in the contract reference field (VTREF).
Commissions
If the broker has its own commission contract, commissions and costs are posted to the commission account, and the commission contract for the broker.
If the broker does not have a commission contract, commissions and costs are posted to the broker account.
Costs
Prerequisites
The following conditions must be met to allow documents to be included in broker collections:
You have created brokers and customers and assigned the appropriate broker to the insurance contract for the customer ( Assign Broker to Insurance Relationship ).
You have flagged the main and subtransactions, which you use for postings in broker collections, with the appropriate categories in the Implementation Guide.
Documents are only included in broker collections if their due date falls in the period that you have defined for the insurance object for the broker’s customer.
Activities
In order to create a reference to a customer for the broker, enter the contract and business partner numbers in the
Additional Reference
(VTRE2) and
Partner for Alt. Insurance Object
(VGPART2) fields. If you post commission without reference to a customer contract, both fields remain empty.