Commission plans in BillingCenter for multicurrency producer codes

In the integration between BillingCenter and PolicyCenter, commission plans are defined in BillingCenter.

In PolicyCenter, producer codes are associated with commission plans. PolicyCenter retrieves the commission plans from BillingCenter. In a multicurrency system, BillingCenter commission plans can have one or more currencies. In PolicyCenter, for each producer code, the user can select which currencies to use from each commission plan. For each producer code, you can associate only one plan per currency. Therefore, if you select USD in commission plan A, you cannot select USD in commission plan B.

In PolicyCenter, producer codes are associated with commission plans. PolicyCenter retrieves the commission plans from BillingCenter. In a multicurrency system, BillingCenter commission plans can have one or more currencies. In PolicyCenter, you can specify which commission plans are available for a given producer code and currency. For each producer code, you can associate only one plan per currency. Therefore, if you select USD in commission plan A, you cannot select USD in commission plan B.

When entering the Producer Codes or the New Producer Code screens, PolicyCenter synchronizes with BillingCenter to refresh the commission plans for the current producer code.