Setting Up Commissions

Overview All commissions are posted at the Policy level. To post a commission payment on a Policy, laying the groundwork is essential. This includes who gets paid, who gets paid...

Overview Every policy has to have a payee. You can set up manual rate tables when adding payees to a policy, or you can create predefined rate tables. A rate table tells AMS+ ho...

Overview Payees are the people/organizations (who) and rate/amount (how much) your agency is paying out Policy commissions. If you add payees to Policies, AMS+ will calculate pa...

Overview Payee schedules can help you save time and extra steps with commission processing by simplifying payee setup. If your agency splits commissions with an agent or agents ...

Overview As you work with policies and process commissions, you’ll set policies with payees to ensure commissions are split and tracked. To help with this, you can set commissio...

Overview Learn how to provide your Excel-based carrier commission statements for mapping. Only one copy from each carrier is needed to build a map. You can follow the same basic...

Overview Commission map translations take the coverage type or revenue type values in a carrier statement and change them into the corresponding values in AMS+. This allows you ...

Overview When processing commissions in AMS+, we match imported commission statements to policy records based on policy number or commission number, and optionally, coverage typ...

Overview Revenue Types provide another layer to commissions processing so you can distinguish and pay out commissions by type. With revenue types, you can distinguish an overrid...

Overview To track and monitor commissions received, AMS+ uses commission frequency settings on Policies. Selecting a commission frequency on a Policy allows you to work with Com...