Payment reports

BriteCore offers four out-of-the-box payment reports, which you can access in the Reports module:

• Cash Balance Report
• Payments Received Report
• Premium Earned Unpaid Report
• Return Premium Report

Cash Balance

The Cash Balance Report is a monthly report you can use to balance your payment records against bank statements. The Cash Balance Report displays gross payments received for policies within a specified timeframe. It also displays where the payments were directed. The payments can be directed to the premium, advanced premium, custom fee, system fee, and suspense account.

To run the Cash Balance Report:

1. In BriteCore, select Reports.
2. On the Reports screen, select Report List.
3. On the Report List screen, in the Management section, select Cash Balance Report.
4. In the Cash Balance Report dialog box, type the date range or use the date picker to select a date range to run the report for, and then select Run Report.

Payments Received

The Payments Received Report is a daily report that you can use to view the daily balance of deposits. It displays an overview of all payments made within a specified timeframe. It also displays how the payments were made, such as ACH, credit card, sweep, etc. The report displays a snapshot of total payments made by policy type as well as a snapshot of the total payment amount made by payment method.

To run the Payments Received Report:

1. In BriteCore, select Reports.
2. On the Reports screen, select Report List.
3. On the Report List screen, in the Billing section, select Payments Received.
4. In the Payments Received dialog box, type the date range or use the date picker to select a date range to run the report for, and then select Run Report.

Premium Earned Unpaid

The Premium Earned Unpaid Report is a daily report that you can use to audit the earned but unpaid premium. It displays any policy where the earned premium is greater than the paid premium. The report also displays the difference between the earned premium and paid premium.

To run the Premium Earned Unpaid Report:

1. In BriteCore, select Reports.
2. On the Reports screen, select Report List.
3. On the Report List screen, in the Premium section, select Premium Earned Unpaid.
4. In the Premium Earned Unpaid dialog box, type the date or use the date picker to select the date that you want to run the report for, and then select Run Report.

Return Premium

The Return Premium Report is a daily report that you can use to audit return premium checks. The Return Premium Report displays the amount of return premium owed, the reason for the return premium, and whether or not the return premium has been exported.

To run the Return Premium Report:

1. In BriteCore, select Reports.
2. On the Reports screen, select Report List.
3. On the Report List screen, in the Premium section, select Return Premium.
4. In the Return Premium dialog box, type the date range or use the date picker to select the date range that you want to run the report for, and then select Run Report.