October’s updates include enhancements to commission reporting and a new Security Group permission for commissions.
10/18/2022 - Commission Reporting Enhancements
New commission report for downloading agent balances
New data being added to existing commission reports
10/10/2022 - Security Group Updates
10/18/2022 - Commission Reporting Enhancements
These enhancements updated AgencyBloc's commission reporting to support agent balances and agent payments. See below for more details.
New commission report for downloading agent balances
With the new Agent Balances report, you can export the balance history for each of your agents to gauge agent performance and reconcile agent balances.
New data added to existing commission reports
The Agent Adjustments report now includes the following report columns:
- Agent ID - This column will help you tell agents with the same name apart.
- Adjustment Status - This column will help you quickly determine whether an adjustment or balance carryover was applied or has yet to be applied to an Agent Statement Date.
- Origination Date - This column will help you figure out when an agent’s balance carryover first started. If an agent isn’t paid, this date will tell you when the carryover first occurred.
The Commission Totals report now includes the following report columns:
- Agent Number - This column will show the agent number for each Agent record.
- Adjustments Applied - This column will show the total amount of adjustments within the specified date range.
- Outstanding Balance - This column will show the amount carried forward and added/deducted from the commission earned.
- Net Amount to be Paid - This column will show the amount owed to the agent.
The Commission Payments report now includes the following report columns:
- Carrier Statement Date - The Carrier Statement Date is also the Transaction date. This column will tie the commission payments back to Transactions.
- Commission Entry Note - This column will show additional details that were added to the commission entry.
- Payment ID - This column will show a unique number for each payment record to help you distinguish and reconcile payments.
Also, if you opt to include zero-dollar payments, those payments will show in the report output.
10/10/2022 - Security Group Updates
New permissions for locking, unlocking and purging commission entries
This update added the following commission permissions to Security Groups:
- Purge Commission Entries - This permission is required to purge commission entries from the Commission History or Date Utilities pages.
- Lock/Unlock Commission Entries - This permission is required to lock or unlock commission entries from the Date Utilities or Finalize Agent Payments pages.
Also, the following articles were updated to reference the new permissions where applicable: