Revenue Types

Revenue Types

Revenue Types are names given to other types of compensation on a policy.  An example is an override or bonus.  The revenue type name from the commission statement is used to match the commission to a policy.  A revenue type is linked to a carrier.

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Add

  1. Go to the Main Menu.
  2. Click Data – Carriers – Products – Revenue Types.
  3. Click the box next to a carrier.
  4. Click ADD REVENUE TYPE.
  5. Enter the Commission Statement Code.  This is the name that appears on the commission statement.  It is a required field and is used to match the commission to the policy.
  6. Enter the Revenue Type Label - this is the name you will recognize in reports.
  7. Click SAVE.

Edit

  1. Go to the Main Menu.
  2. Click Data – Carriers – Products – Revenue Types.
  3. Click the box next to a carrier.
  4. Click the revenue type name.
  5. Make changes.
  6. Click SAVE.

Delete

  1. Go to the Main Menu.
  2. Click Data – Carriers – Products – Revenue Types.
  3. Click the box next to a carrier.
  4. Click the box next to the revenue types to delete.
  5. Click the delete icon .  Deleting a revenue type will remove it from any policy linked to it. This action is irreversible.
  6. Click CONTINUE.

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