How do you know if your Company Payables are in balance? In this session, you’ll learn three steps to validate company payables, what it means to be “in balance” and how to clean up “out of balance” situations.

This session is designed to help users understand the various options that the Utilities area of Applied TAM provides to set up your accounting system and perform other functions related to the General Ledger.

A formal quality assurance program is important to any agency that wants to maximize their utilization of the Applied TAM system. This course will cover ways to implement a quality assurance program built upon a written procedures manual that will work in the real world, not just in theory.

Spending too much time manually entering Direct Bill Commissions into Applied TAM? Automate the process using Direct Bill Commission download or Import and save a tremendous amount of time by eliminating manual data entry.

This course examines the details of a month-end procedure, including initiating month-end, running in-balance checks, generating journal entries, review of reports to substantiate journal entries, accepting and posting journal entries, and setting up and running reports.

Having a solid system of checks and balances in place for your accounting practices can bring benefits in many ways. For agencies in trust states, ensure your trust account is “in trust.” Bring greater accuracy in commissions paid to your producers. Confirm your organization is getting the amount of commission it should from insurers. Most importantly, a proper system of checks and balances can protect you and your business by providing accurate financial reports and minimizing damage that can be done by dishonest employees or those employees making honest mistakes. The presenter reviews various checks and balances for accounting and provides you with actionable thoughts to set them up. Attendees should have an understanding of basic accounting entries in Applied Epic or Applied TAM.

Having a solid system of checks and balances in place for your accounting practices can bring benefits in many ways. For agencies in trust states, ensure your trust account is “in trust.” Bring greater accuracy in commissions paid to your producers. Confirm your organization is getting the amount of commission it should from insurers. Most importantly, a proper system of checks and balances can protect you and your business by providing accurate financial reports and minimizing damage that can be done by dishonest employees or those employees making honest mistakes. The presenter reviews various checks and balances for accounting and provides you with actionable thoughts to set them up. Attendees should have an understanding of basic accounting entries in Applied Epic or Applied TAM.