Insurance side funds go to Salary instead of Premium suspense when preneed payment reversed

This will be helpful to accounting customer service and anyone else dealing with suspense.  Currently when a preneed contract has a payment reversed and it is not the exact amount of the insurance premiums it leaves the difference in Premium suspense, and it sits there until it is manually moved to salary.  If it will go to Salary instead of premiums the less chance funds will be missed or moved to wrong account and one less manual process for suspense

  • beth milam
  • Feb 9 2016
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