Transferable Fee & Commission Nominals
Suspense Nominals
These are the fee and commission nominals assigned when a policy is posted.
- G*CS - Commission
- GXI* - Fee
Transferable Nominals
Once a ledger entry has been fully reconciled, the suspense nominal changes to transferable nominal.
It’s at this point that they appear on your transferable routine.
- G*CT - Commission
- GXIA – Fee
Earnt Nominals
Once the commission or fee has been transferred via the transferable routine the nominal changes to earnt as the money has now been moved to the office account as earnings.
- GCEA – Commission
- GXIE - Fee
Related Articles
Transferable Commission
From the Durell Home Screen Go to “Accounts” Click “Period End” Select the “Transferable” tab. Click the “>” under “Transfer up to date”, then amend as required. Click “Report” and save this somewhere (It’s imperative that this is saved) Click ...
Lockdown adjustment Guide
How the lockdown works and what impact this has General Overview Lock Down Function – This feature prevents users from creating entries prior to a stated date. You can apply the same date for all or individually. The above screenshot will prevent all ...
Contra (When Commisison Transferred)
Firstly you will want to make a note of the original posting figures This can be done by going to the original policies premium screen, then taking a screenshot. Go back to the client policy screen Hit the “Starburst” The select “MTA for current ...
Adjustments (When Paying Insurer)
From the Durell Home Screen Go to “Accounts” Click “Cashbook” Click “Snowflake” to create a new cashbook entry Create the cashbook entry for the amount you will actually pay the insurer Click “Reconcile” on the cashbook entry after you’ve filled in ...
Cost Centres
Overview Cost Centres allow you to analyse your accounts in additional ways, such as by office or department. You can already analyse your Durell accounts under named, or “Nominal”, account headings, such as by… Telephones Stationery Commission ...