To configure fees in the Policies module settings:
- In the BriteCore menu, select Settings.
- In the Settings menu, select Modules, and then select Policies.
- Navigate to the Fees section. The Fees section contains:
- NSF Fee: The fee assessed when a payment is marked non-sufficient funds (NSF).
- Endorsement Invoice Fee: When an increased premium endorsement revision is committed (issued), BriteCore will generate an Amended Billing Statement if no future installments exist or if more premium must be billed. This fee can be attached to the invoice independent from the standard installment invoice fee.
- Equity Invoice Fee: This allows you to set a fee amount that will be charged on an Equity Billing Statement (Invoice). This fee isn’t recommended for use.
- Select Save at the bottom of the screen when done.