Override Change in Cost Billing on Payment screen
Override Change in Cost Billing appears in policy change, issuance,
and reinstatement policy transactions. These fields do not appear fro workers'
compensation.
Note: If you are integrated with BillingCenter
version 9.0, this field does not appear. PolicyCenter displays
Billing and Issuance Options instead.
The Special Handling field enables you to override how to bill the
changes in cost. The options are:
- Bill Immediately
- Charges are billed immediately. If an invoice for the current date already exists, the charges are added to the existing invoice, otherwise a new invoice is created.
- Bill on Next Invoice
- Charges are added to the next invoice.
- Hold for Final Audit
-
Appears for policies that have the schedule final audit set to Yes. The charges are held until the final audit. This is typically used when the premium change is so small that the insurer prefers to wait for the final audit to invoice the customer for the changed premium. Setting this value creates a charge in BillingCenter, but BillingCenter puts the charges on hold.
This information can be sent to the billing system. When integrated with BillingCenter, the information is sent to BillingCenter.