Payment
The
Payment
tab in the Entry Summary
screen captures all related broker payment information, including (but not limited to):- Broker Invoice Number
- Amount
- Broker Check Number (check used to pay the broker)
- Broker Check Amount
Data such as broker invoice and check number can be fed electronically into the
Entry Data
tab. The type of payment data presented on the screen is user-defined and not limited to only broker payment data. 
Validate Payment Data
Beneath the form section of the
Payment
tab is a grid containing broker payment details at the line level. This information makes it easy to validate what was paid versus what should have been paid. To enter a new broker-charged fee line item, click on the
Charge Code & Description
drop-down menu. 
A list of fees, complete with the associated charge code, will become visible. Choose and click on the appropriate charge code. The values in this drop-down menu are user-defined and configured during implementation. As a result, the values in your system may vary from those displayed in the example below.
Once a charge code and description have been selected, enter a value in the
Charge Amount
field. Next, click Add
. 
The fee will then appear on the grid. Once all fees have been entered in the grid, click
Validate
. 
Clicking
Validate
will initiate a validation process that compares the Total
value against the value entered in the Broker Check Amount
field. 
Related Content
-
Entry Summary
Format:
Article