Direct Bill - for insured payments posted directly to a Carrier, MGA or Finance Com. sites

Applying Payments via Direct Bill: Best Practices for Receipts

Agency Bill vs. Direct Bill:

• Direct Bill:
  Payments are posted directly to the Carrier, MGA, or Finance Company’s website. The funds bypass the agency entirely, and the insured's payment is handled directly by the entity that issued the policy.

• Agency Bill:
  The agency collects the payment from the insured, which is deposited into the agency’s trust account. The agency is then responsible for remitting the premium payment to the Carrier, MGA, or Finance Company.

If your agency processes a payment on your insured's behalf utilizing either your insured's checking or credit card directly on the Carrier, MGA, or Finance Company site, this is a Direct Bill 100% entry in your NowCerts management system. Therefore, there will be no Accounts Receivable to invoice. 

If you want to create an agency receipt for such actions, go to Documents > Invoices/Receipts > Manually create an invoice and record payment.