This page will guide you through processing Member Insurance Premium payments.
Navigate to Fund Level > Transactions > Member Payments > Member Insurance Premium
- Select Member Account the premium payment is to be debited against
- Enter Payment Date in the following date format DD/MM/YYYY
- Enter Premium Amount, being the dollar amount paid
- Confirm or enter Deductible Portion % percentage, the proportion of the premium amount that is deductible.
- The Deductible Premium Amount and the Non-Deductible Premium Amount will automatically be pre-filled based on the deductible portion percentage entered.
- Enter Description, or use the Class default "Member Insurance Premium"
- Click Submit
For information on adding insurance details to show on the year-end Member Statement, refer to Member Insurance Details