Navigation:  Loan Screens > Insurance Screen Group > Policy Detail Screen > Commission Information tab > Branch Income field group > Amortized Amount

Entry: System, numeric

F/M: No

Mnemonic: N/A

Screen: Loans > Insurance > Policy Detail > Commission Information tab

 

Use this field to indicate the amount of the commission that has been earned by the branch for the selected insurance policy.

 

This value is calculated by subtracting the Remaining Amount from the Original Amount. This calculation is also based on the Amortization Method selected.