Transferable Fee & Commission Nominals

Transferable Fee & Commission Nominals

Suspense Nominals 
These are the fee and commission nominals assigned when a policy is posted.
  1. G*CS - Commission
  2. 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.

  1. G*CT - Commission
  2. 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.
  1. GCEA – Commission
  2. GXIE - Fee

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