Sending charges and other information to the billing system
After establishing an account and policy period with billing and payment methods, the integration sends charges to the billing system.
For every policy transaction, PolicyCenter sends financial charges to the billing system. These are known as charges in BillingCenter. These charges include increases or decreases in premium, taxes, or fees.
When the user binds a policy transaction (job) that can generate premium transactions, PolicyCenter sends billing information, such as the installment plan and the invoice stream, to the billing system. Even if there are no charges, the billing system might need to know about a change to the policy period. For example, the billing system might need to know whether the change canceled or reinstated the policy period.
Sending charge totals to the billing system
PolicyCenter always sends charge totals for premiums and costs to the billing system. These values are derived from the amounts on the transactions for the policy period.
Sending itemized charges to the billing system
- For lines designed in Advanced Product Designer, the itemization is based on the itemization for billing criteria.
- For lines designed in other ways, the itemization is specified in the look-up class implementation for the line.
The base configuration of PolicyCenter includes implementations of charge itemization for the personal auto and commercial property lines.
See also