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

Entry: System, numeric

F/M: No

Mnemonic: Calculated

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

 

This field displays the amount of cost that has been earned for the selected insurance policy.

 

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