| [SE-1422] New Entry Code Usage on Accounting System Parameters/Entry Codes/Accounting Function = EREAC to calculate UPR Deductions | |
|---|---|
| Product Line: | P&C |
| Component/s: | Accounting General |
| Fix Version/s: | SICS 4.9.4 |
Aim of function
The aim of the function is to be able to book 'Additional OR Fee UPR' through the Retrocession Estimation Calculation Order. The result of the calculation is booked with an Entry Code defined for Calculation in the system parameter Accounting/Entry Code/Accounting Function 'Retrocession Estimation Acccounting Proportional Treaty'.
The Basis for the calculation is Unearned Premium Reserve
System Parameters Affected
New system parameter Accounting/Entry Code/Accounting Function 'Retrocession Estimation Accounting Proportional Treaty'/Calculation 'Additional OR Fee UPR
Deduction Conditions - new Deduction Type
- Additional OR Fee UPR (section 'Other Deductions')
- Calculation Method 'Percent'
Existing functionality affected
- Deduction Condition
- New Deduction Type 'Additional OR Fee UPR' which may be calculated as a Percent of the basis
- Retrocession Estimation Calculation Order