Create Recovery Calculation Order for US Quota Share # The Recovery Calculation order for US Quota Share is started from the OCC Claim List or from the Find Accounting Order window, regardless of whether the OCC is structured in a program or not. Claim List Open the OCC Claim List Select Create Recovery Order options from the popup menu. The Insured Periods window appears showing all the Insured Periods of the OCC. ...
SICS let you specify mail groups of partners with their addresses. Typical uses of mail groups are: Mass correspondence (for example, sending newsletters or Christmas cards). Correspondence indicating which address to use when sending different types of documents (for example, Statement of Account) to partners. The following can be made part of a mail group: Business Partners Individual Persons Banks Other Mail Groups Create a Mail Group # Click the Mail groups' icon in the Partners folder on the desktop to open the Mail group Management window. ...
In many companies, it is your System Administrator who is responsible for upgrading universes in BusinessObjects. Following the instructions in the SICS System Administration Guide the new universe should overwrite the old universe in the same folder structure and with the same short file name. Your responsibility in the upgrading process is to upgrade your existing reports so that they can be opened and used with a new universe. Before you can start using the new universe, you need to verify that your reports run with the new universe will contain the same data as with the old universe. ...
The Billing Statement and Reminder Statement functions in SICS let you extract open, overdue balances on a Business Partner ledger; confirm the extraction on a special order; create statements including these balances; produce documents showing these balances; and update each balance with information about this transaction. The two functions are almost identical but have one basic difference: The Billing Statement Order extracts all unsettled overdue balances that have not been included before, while the Reminder Statement Order extracts all unsettled overdue balances that have previously been included in either a Billing or Reminder Statement. ...
Calculate Profit Commission # If you want the SICS to calculate the Profit Commission, the conditions must be defined. Refer to Profit Commission condition. Conditions may be equal for all Retrocessionaire’s or one or more of the Retrocessionaire’s may have special Profit Commission condition entered. Profit Commission is calculated on cumulative figures per Insured Period. The Entry Codes included in the Profit Commission calculation is according to the definition of the selected Entry Code Group in the field Profit/Loss Basis. ...
You can edit the existing order by using the Edit Menu button on the order and selecting Edit. You can run the recovery calculation several times until the order is closed.
Unlike EDI, there is no specific frame for eMessaging information. Because eMessaging does not support bulk claims, and because it can support multiple UCR’s per claim section, many of the existing attributes in EDI information are not relevant in eMessaging. However there are two widgets that are relevant for eMessaging: SCM Expected Menu (section specific ruleset Menu) SCM Expected is explained in detail in Chapter 10, Claims, but it should be noted that the functionality originally provided for Lloyds claims in EID is now extended to all claim movements in eMessaging. ...
If you are using the London Market Module, you may want to ensure that the reserves your Claim Administrator set up - so-called “Evaluated Reserves” - are maintained, and not impacted by the reserves advised by the Bureau. To set Evaluated Reserves: Open the claim properties for the claim where you want to set evaluated reserves Select Edit in the Header section Select the check-box “Eval.Reserves” Click OK When the check-box is selected, the system books the Bureau Reserve towards an Informational Entry Code, and leaves the Evaluated Reserve as the Claim’s proper reserve. ...
Wire transfers in SICS require bank accounts to be recorded for the partners involved in the transaction. Each bank account must be linked to a bank. In SICS banks are handled as separate partners. Find Banks by Name and Swift Code # In situations where you want to update the information on an existing bank or check if the bank exists in the system, you can use the search feature. ...