You can configure how commission payments will be issued for your agency by identifying the following:
- Who to pay commission to
- What to pay commission on
- Whether the agency will roll over negative commission balances each month
Agencies that belong to Agency Groups
If your agency belongs to an Agency Group, you will need to identify who commission payments will be paid to. In the For Agencies belonging to Agency Groups, pay commission to: dropdown list, select Agency or Agency Group.Note: This setting is directly related to the paycommissionto advanced setting. If agency is selected in paycommissionto, BriteCore will automatically select Agency from the For Agencies belonging to Agency Groups, pay commission to: dropdown list. If Agency Group is selected from the For Agencies belonging to Agency Groups, pay commission to: dropdown list, BriteCore will automatically select agency_group in the paycommissionto advanced setting.
Pay commission on
In the Pay commission based on: setting, you must select to pay commission on the Written Premium or on the Paid Premium. If you need to change what your company will pay commission on, contact BriteCore customer support to request this change.Note: This setting is directly related to the paycommissionon advanced setting. If the Written Premium radio button is selected in Pay commission based on: setting, BriteCore automatically selects written in the paycommissionon advanced setting. If paid is selected in the paycommissionon advanced setting, BriteCore automatically selects the Paid Premium radio button from the Pay commission based on: setting.
Negative commissions
You can choose to roll over negative commission balances or choose to stop rollover of negative commissions and calculate all commission activity in the month it occurred. To roll over negative commission, check the Roll over negative commission balances each month (delay negative commission). checkbox. To stop roll over of negative commission, deselect this checkbox.Note: This setting is directly related to the delay-neg-commission advanced setting. If delay-neg-commission is set to True, BriteCore automatically selects the Roll over negative commission balances each month (delay negative commission). checkbox. If you deselect the checkbox, BriteCore automatically changes the delay-neg-commission setting value to False.