Part 3 of this 3-part series will cover the accounting areas in Applied Epic, including general ledger and reports. During this series, you’ll learn tips and techniques for using Applied Epic in your everyday workflows. From servicing and accounting to reporting and administration, you’ll leave this session with many useful Applied Epic tips and techniques.

This session introduces users to Applied Epic accounting workflows covering the basic accounting functions. -Apply configuration options to daily accounting workflows in Epic -Design time saving methods with recurring and default entries -Apply options to produce reports with desired output

Do you wish you could restart your Accounting in Applied Epic? Need a do-over? Want to take a Mulligan? In this session, we show you how to get accounting balances back to a zero starting point in order to begin using Applied Epic accounting efficiently.

You're new to Applied Epic and have begun creating invoices, now what? When you look at the Transaction screen do you wonder what you're looking at? How do you easily identify transactions for specific policies? What kind of information are you seeing in each column? How can you make a simple correction after you’ve invoiced? Join us as we take a look into the basics of the Transaction screen in Applied Epic.

This session will introduce the user to basic Applied Epic Accounting and configuration for agency-specific outcomes in reports.

Demystifying, understanding, deciphering, clarifying and explaining are all things we will do in this course as it relates to the Month-End Journal Entry (MJE). MJE is a critical component of the Applied Epic accounting system. Do you know where your money is moving and why it is moving where it is moving to? We start by demystifying the Accounting Method choices in Applied Epic. We then learn how to decipher the MJE created by those choices. Finally, we explain what to do with the MJE and clarify how to manage it.

How do you know if your Premium Payables are in balance? What does it means to be “in balance”? Learn how to clean up “out of balance” situations, or when needed, "clean out the closet."

Use tools in Applied Epic to successfully edit and create invoices.

Learn now to plan for month-end reports in Applied Epic.

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.