|
|
|
|
|
This page allows you to enter the details of the settlement received against a claim. You can enter the details like the number identifying the receipt through which the payment was received and the amount that was considered for settlement. You can also calculate the total amount received as settlement and the total amount considered for the settlement. The system stores the login ID of the user and the system date along with the settlement details. The details of the receipt are retrieved from the “Sundry Receipts” business component. Help facility is available for retrieving the receipt details.
Select the “Settle Insurance Claim” link provided in the “Select Insurance Claim” page.
The “Settle Insurance Claim” page appears.
Enter the following field:
|
Settlement No |
The number identifying the settlement received from the insurance company (Alphanumeric, 18). This number is generated and displayed by the system, when the “Settle Claim” pushbutton is clicked. The number is displayed with the corresponding prefix and suffix of the numbering type selected in the “Numbering Type” field. The number is incremented from the last number available in the “Document Numbering Class” business component. |
Note: This field must not be left blank if “Manual” is selected in the “Numbering Type” field.
|
Numbering Type |
Use the drop-down list box to select the numbering type for the login organization unit and the “Insurance Settlement Voucher” transaction type. The numbering types must have already been defined in the “Create Numbering Class” activity of the “Document Numbering Class” business component and must be in “Active” status. The system displays the numbering type set as default for the transaction in the “Document Numbering Class” business component. |
The system displays the following:
|
Status |
The status of the claim. It could be “Active” or “In Progress”. |
| |
| |
|
Claim No |
The number identifying the claim. |
|
Policy No |
The code identifying the policy. |
|
Renewal No |
The code identifying the renewal. |
|
Total Claim Amount |
The total amount claimed from the policy. |
|
Unsettled Amount |
The claim amount yet to be settled. |
|
Finance Book |
The code identifying the finance book in which the postings are made. |
|
Claim Date |
The date on which the claim was raised. |
Enter the following field in the “Receipt Details” multiline:
|
Receipt No |
The number identifying the sundry receipt (Alphanumeric, 18). This receipt must be in the “Authorized” status in the “Sundry Receipt” business component. |
|
Help facility available |
The system displays the following in the “Receipt Details” multiline:
|
Receipt Date |
The date on which the receipt was raised. |
|
Receipt Amount |
The amount of the receipt. |
Enter the following field in the “Receipt Details” multiline:
|
Amount Considered |
The amount considered for the settlement (Decimal). The value entered in this field must be greater than zero. |
Note: This field must not be left blank if a value has been entered in the “Receipt No.” field.
The system displays the following in the “Receipt Details” multiline:
|
Receipt Type |
The type of receipt received. |
|
Bank / Cash Code |
The code identifying the bank or cash account in which the settlement is to be accounted. |
|
Receipt Mode |
The mode of receipt of the settlement. |
Click the “Compute Total” pushbutton to calculate the receipt totals.
The system calculates and displays the following:
|
Total Receipt Amount |
The sum total of the amount received. |
|
Total Amount Considered |
The sum total of the amount considered for settlement. |
Note: The total considered amount must be less than or equal to the unsettled claim amount.
Click the “Settle Claim” pushbutton to settle the claim that has been raised.
The status of the claim is updated to “Settled” if the “Unsettled Amount” is zero.
The status of the claim is updated to “In Progress” from “Active”.
The system displays the following:
|
Created By |
The login ID of the user who has raised the claim. |
|
Created Date |
The date on which the claim was raised. |
|
Last Modified By |
The login ID of the user who raised the last claim. |
|
Last Modified Date |
The date on which the last claim was settled. |
To proceed, carry out the following
Select the “Accounting Information” link at the bottom of the page to view the accounting information of the claim.
Select the “Attach Notes” link at the bottom of the page to record observations or comments regarding the claim.
